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15 E Avenue I , Lancaster, CA 93535

$700,000

Entitlement-Positioned Residential Development 8.69 Acres with Density Upside --- Four contiguous parcels totaling 8.69 acres with frontage along 15th St E from Avenue I to Kettering Street. The site offers a compelling opportunity for re-entitlement and tract development, supported by a split General Plan designation: approximately 4.18 acres of Medium Density Residential (MDR: 6.615 du/ac) and 4.51 acres of Urban Residential (UR: 2.16.5 du/ac)allowing flexibility in product type, lot configuration, and overall yield. A previously approved Tentative Tract Map (TTM) for 38 single-family lots establishes a strong entitlement baseline. While the map has expired following the Citys upgrade to higher-density MDR zoning, it provides significant carry-forward value, including prior engineering studies, site planning, and a detailed record of municipal conditions of approval. This groundwork can materially reduce entitlement risk, inform updated yield scenarios, and accelerate the resubmittal process. Planning & Entitlement Advantages: CEQA Positioning: Prior approvals and studies may support streamlined environmental review, with the potential for an addendum or focused analysis rather than a full EIR, subject to City determination. Known Development Standards: Existing conditions of approval offer clarity on grading, drainage, circulation, and off-site improvement requirementsreducing uncertainty during entitlement. Utility & Infrastructure Context: Prior tract work provides insight into utility access points, capacity considerations, and likely off-site improvement obligations. Improved Density Potential: Updated MDR zoning creates an opportunity to increase unit count beyond the prior 38-lot configuration while integrating required affordable housing components. Phasing Potential: Parcel configuration and frontage may allow for phased development and flexible absorption strategies. Well-suited for builders and developers seeking a project with prior agency alignment, documented site constraints, and the ability to leverage existing due diligence to shorten entitlement timelines and move more efficiently toward final map approval and construction. The parcels are available separately by zoning: 1) MDR corner at Ave I & 15th St E (2 acres) - properties (APNs 3147-001-049,050) = $399,000 2) MDR central 2.5-acre lot (APN 3147-001-044) = $299,000 3) R-7000 five-acre lot (APN 3147-001-043) = $299,000

Highlights

  • Land
  • 197 days on Market


  • Lot Features
    Corner Lot
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Phone Available


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Frequently Asked Questions

How do I schedule a tour of 15 E Avenue I?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 15 E Avenue I.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 15 E Avenue I?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $700,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Lancaster, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 15 E Avenue I?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 15 E Avenue I at around $3,795. This includes estimated property taxes and insurance.

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How do I get pre-approved to buy 15 E Avenue I?

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Can I negotiate the asking price for 15 E Avenue I?

In most cases, yes. Whether 15 E Avenue I is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Lancaster's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 15 E Avenue I?

We can handle that for you. Our preferred local agent specializes in lands in Lancaster and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

15 E Avenue I was listed on April 23, 2026, which means it's been on the market for 197 days.

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Is 15 E Avenue I still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.

Last Updated: November 06, 2026 at 12:30PM | Source: San Diego MLS | MLS#: SR26088166