10311 Wheatland Avenue, Shadow Hills, California 91040, Shadow Hills, 91040 - 4 bed, 2 bath

10311 Wheatland Avenue, Shadow Hills, California 91040 home-pic-0

10311 Wheatland Avenue

Shadow Hills, California 91040

ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
2,213Sq Ft
114,008Lot Size

Property Price

LIST PRICE$1,795,000
EST. MARKET VALUE
$1,846,711

SUMMARY

Analysis of 10311 Wheatland Avenue, Shadow Hills, California 91040 reveals a Fairly Priced Property with a current list price of $1,795,000  aligned with the estimated $1,846,711 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Shadow Hills Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,846,711
Based on Realkey algorithm analyzing recent comparable sales in Shadow Hills.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
10311 Wheatland Avenue
Subject
$1,795,000*
List Price
422,213$834-
A
10315 Wheatland Avenue
Active
$1,795,000
List Price
422,213$8110.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1948, this property has undergone an extensive, high-quality renovation within the last few years, making it a fully turnkey compound. The interiors feature modern shaker-style cabinetry, quartz countertops, and stainless steel appliances in the kitchens, along with contemporary tile work and updated fixtures in the bathrooms. With new flooring, recessed LED lighting, and updated systems throughout both structures, the property meets the criteria for excellent condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 114008, living area = 2213.

  • Multi-Structure Versatility

    The property features two separate, fully renovated 2-bedroom dwellings, providing an ideal setup for multi-generational living, guest housing, or potential rental income streams.

  • Expansive Equestrian Potential

    Spanning over 2.6 acres with LAA1 zoning, the flat and usable land offers rare flexibility for agricultural use, horse stables, and professional-grade riding arenas.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =114008, other record lot size in square feet = 39887. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2213, other record living area = 680. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.

  • Development Contingencies

    Future utilization of the upper pad is subject to complex buyer verification of recorded easements and permitting, which may present hurdles for those looking to build immediately.

  • High Maintenance Requirements

    The vast acreage and multiple structures demand significant ongoing maintenance and land management, which may limit the buyer pool to those specifically seeking a ranch lifestyle.

About 10311 Wheatland Avenue

OFFER DEADLINE 4/4 at 5:00pm!!! Welcome to "Wheatland Ranch", a fully renovated, turnkey retreat offering privacy, open land, and panoramic mountain views in the heart of Shadow Hills. Set on over 2.6 acres and surrounded by open space and neighboring multi-million-dollar estates, this move-in-ready compound blends comfort with exceptional future potential. The property features two separate structures, each with 2 bedrooms, 1 bathroom, a full kitchen, living area, and in-unit laundry, ideal for extended family, guests, home offices, or multi-generational living while maintaining privacy. Zoned LAA1, the land supports agricultural and residential uses, offering flexibility for horses, farm animals, and future improvements. Multiple flat, usable areas allow for stables, riding arenas, paddocks, gardens, or additional structures, subject to buyer vision with conceptual rendering inspirations shown. A premier feature of the property is the private upper pad, which benefits from recorded easement access through the gated Stallion Ranch community. This area offers a rare combination of privacy and scenic surroundings, with sweeping mountain views and proximity to luxury equestrian estates. The flat pad provides flexibility for future use, subject to buyer verification of zoning, permitting, easement, and development requirements. Parking for 10+ vehicles on site. APNs 2542-006-008, 2542-006-009, and 2542-006-010 included in sale. A rare opportunity to create a true John Dutton Yellowstone style ranch lifestyle at an exceptional value.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1948
Lot Size
114,008 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
79%
Baths2.02.0
50%
Square foot2,2131,495
84%
Lot Size114,0087,242
97%
Price$1.79M$950.0K
96%
Price per sq ft$811$610
79%
Built year19481954
22%
HOA$0$0
50%
Days on market18173
3%

Pricing History

Listed for Sale

Feb 16, 2026

$1,795,000

Initial Listing

Sold

Feb 23, 2024

$1,050,000

Public Record

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