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24030 Shotgun Lane, Diamond Bar, California 91765, Diamond Bar, 91765 - 4 bed, 3 bath

24030 Shotgun Lane, Diamond Bar, California 91765 home-pic-0
ACTIVE$1,699,999$3,802/sqft
24030 Shotgun Lane, Diamond Bar, California 91765
4Beds
3Baths
3,802Sqft
79,844Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Development Opportunity: Marketed for land value only, this 1.83-acre lot offers significant potential for building a custom luxury estate, supported by a previously approved (now expired) plan for a 15,000 sq. ft. mansion with extensive amenities.
Top Cons:
As-Is Condition & Land Value Sale: The property is sold strictly 'AS-IS' for 'land value only,' implying the existing structures are not valued and likely require demolition, incurring significant additional costs and effort for the buyer.

Compared to the nearby listings

Price:$1.70M vs avg $1.15M (+$547,999)86%
Size:3,802 sqft vs avg 2,033 sqft88%
Price/sqft:$447 vs avg $54615%

More Insights

Built in 1976 (50 years old).
Condition: The listing explicitly states the property is 'Selling for land value only' and in 'AS-IS condition,' with the seller making no repairs. The description focuses on the potential to 'build your dream estate' with plans for a 15,000 sq. ft. mansion, strongly implying the existing 1976 structures are intended for demolition. No interior images of the current house are provided, further supporting that the existing structures are considered beyond repair and their value is solely in the land.
Year Built
1976
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$447
HOA
$308
Days on market
-
Sold On
-
MLS number
IG25189560
Home ConditionTear down
Features
Excellent View: City Lights, Canyon, Hills, Neighborhood, Panoramic, Valley, Trees/Woods
Deck
Pool
Spa
Patio
ViewCity Lights,Canyon,Hills,Neighborhood,Panoramic,Valley,Trees/Woods

About this home

Selling for land value only. This prime, usable 1.83-acre lot is perched high in the prestigious, 24-hour guard-gated community of “The Country Estates,” surrounded by multi-million dollar luxury homes and offering breathtaking panoramic valley views. The property is currently configured with a Main House of 3720 SQ FT (Physical Measurement) on the upper level and a Guest/Pool House of 1008 SQ FT (Physical Measurement) with a Pool below. Detached 4 car garage of 1035 SQ FT (Physical Measurement). AS-IS condition. The seller will not be making any repairs. CASH buyer only. A custom mansion plan, designed by a renowned architect, was approved by the city in September 2019 (now expired) for an opulent 15,000± sq. ft. estate. The design features 9 suites, guest quarters, a sprawling 1,500± sq. ft. great room, a gym, a courtyard, pool, a tennis court and a basement garage accommodating 7+ cars. Buyers are responsible for verifying and satisfying all requirements with the City of Diamond Bar and the HOA regarding plan renewal or modifications. Located in the award-winning Walnut Unified School District. Don't miss this rare opportunity to build your dream estate!

S
Semiwati Tan
Listing Agent

Nearby schools

9/10
Quail Summit Elementary School
Public,•K-5•0.6mi
8/10
Evergreen Elementary School
Public,•K-5•2.2mi
8/10
Hidden Trails Elementary School
Public,•K-6•2.8mi
7/10
Castle Rock Elementary School
Public,•K-5•2.9mi
8/10
Chaparral Middle School
Public,•6-8•1.0mi
8/10
South Pointe Middle School
Public,•6-8•2.9mi
8/10
Canyon Hills Junior High School
Public,•7-8•2.9mi
10/10
Diamond Bar High School
Public,•9-12•2.3mi
8/10
Ruben S. Ayala High School
Public,•9-12•3.9mi
Condition Rating
Tear down
The listing explicitly states the property is 'Selling for land value only' and in 'AS-IS condition,' with the seller making no repairs. The description focuses on the potential to 'build your dream estate' with plans for a 15,000 sq. ft. mansion, strongly implying the existing 1976 structures are intended for demolition. No interior images of the current house are provided, further supporting that the existing structures are considered beyond repair and their value is solely in the land.
Pros & Cons

Pros

Prime Development Opportunity: Marketed for land value only, this 1.83-acre lot offers significant potential for building a custom luxury estate, supported by a previously approved (now expired) plan for a 15,000 sq. ft. mansion with extensive amenities.
Prestigious Guard-Gated Community: Located in 'The Country Estates,' a 24-hour guard-gated community surrounded by multi-million dollar luxury homes, ensuring exclusivity, security, and a high-end neighborhood environment.
Expansive Usable Lot: The property boasts a generous and usable 1.83-acre lot, providing ample space for a grand custom residence, extensive landscaping, and luxury features like a pool and tennis court.
Breathtaking Panoramic Views: Perched high, the property offers 'breathtaking panoramic valley views,' a highly desirable amenity that enhances lifestyle and property value.
Award-Winning School District: Situated within the 'award-winning Walnut Unified School District,' which includes highly-rated schools, making it attractive to families seeking top-tier education.

Cons

As-Is Condition & Land Value Sale: The property is sold strictly 'AS-IS' for 'land value only,' implying the existing structures are not valued and likely require demolition, incurring significant additional costs and effort for the buyer.
Cash Buyer Only Requirement: The 'CASH buyer only' stipulation severely limits the potential buyer pool, potentially prolonging market time and reducing competitive offers.
Expired Development Plans & Regulatory Hurdles: While a custom mansion plan was previously approved, it is 'now expired,' requiring the buyer to undertake the process of plan renewal or modification with the City and HOA, adding time, cost, and uncertainty to the development timeline.
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