10315 Wheatland Avenue, Shadow Hills, California 91040, Shadow Hills, 91040 - 4 bed, 2 bath

10315 Wheatland Avenue
Shadow Hills, California 91040
Property Price
SUMMARY
Analysis of 10315 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10315 Wheatland Avenue Subject | $1,795,000* List Price | 4 | 2 | 2,213 | $834 | - |
A 10327 Wheatland Avenue Active | $1,795,000 List Price | 4 | 2 | 2,213 | $811 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property is a fully renovated, turnkey ranch featuring two separate structures with modern kitchens and bathrooms. Despite the 1947 original build date, the recent extensive renovations include updated flooring, contemporary fixtures, and new appliances, meeting 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.
- Dual-Living Potential
The property features two separate, fully renovated 2-bedroom structures, offering exceptional flexibility for multi-generational living, guest housing, or significant rental income potential.
- Expansive Equestrian Lot
Spanning over 2.6 acres with LAA1 zoning, the land provides ample flat, usable space for horses, stables, and agricultural use in the heart of a premier equestrian community.
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 = 56987. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2213, other record living area = 1104. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
- Development Contingencies
Future utilization of the private upper pad is subject to buyer verification of complex zoning, permitting, and recorded easement requirements, which may present hurdles for expansion.
- High Maintenance Requirements
The vast 2.6-acre lot and agricultural zoning necessitate significant ongoing maintenance and land management compared to traditional residential properties.
About 10315 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
- 1947
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,213 | 1,495 | 84% |
| Lot Size | 114,008 | 7,242 | 97% |
| Price | $1.79M | $950.0K | 96% |
| Price per sq ft | $811 | $610 | 79% |
| Built year | 1947 | 1954 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 173 | 3% |
Pricing History
Listed for Sale
Feb 16, 2026
$1,795,000
Initial Listing
Sold
Feb 23, 2024
$1,050,000
Public Record







































































