
Shadow Hills, California 91040
Analysis of 10311 Wheatland Avenue, Shadow Hills, California 91040 is currently available with a list price of $1,795,000. 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.
Property is new construction or fully renovated.
The property is a fully renovated, turnkey compound with high-end modern finishes throughout. The kitchen features contemporary cabinetry and stainless steel appliances, while systems have been upgraded with mini-split HVAC units and a tankless water heater. The renovation appears to be within the last 5 years, meeting the criteria for mint condition.
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.
The property features two separate, fully renovated 2-bedroom structures, providing an ideal setup for guest housing, rental income, or multi-generational living while maintaining individual privacy.
Spanning over 2.6 acres with LAA1 zoning, the land offers multiple flat, usable pads perfect for stables, riding arenas, and agricultural use, catering to a premium ranch lifestyle.
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.
The total square footage is divided between two separate buildings rather than a single large residence, which may not appeal to families seeking a traditional, unified floor plan.
Future expansion or use of the upper pad is subject to complex buyer verification of recorded easements, zoning, and permitting requirements within the gated Stallion Ranch community.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 78% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,213 | 1,487.5 | 83% |
| Lot Size | 114,008 | 7,070 | 98% |
| Price | $1.79M | $932.0K | 94% |
| Price per sq ft | $811 | $618 | 78% |
| Built year | 1948 | 1954 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 174 | 2% |
Apr 16, 2026
$1,795,000
Initial Listing
Feb 23, 2024
$1,050,000
Public Record