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    Sierra Hwy Santa Clarita, CA 91351

    Sponsored
    For Sale
    $1,250,000

    Prime Residential Development Land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 47.17-acre parcel presents a unique opportunity for residential development in the desirable Santa Clarita, California, Canyon Country area. Located off Sierra Highway, this land boasts a highly advantageous position adjacent to two existing housing tracts, ensuring seamless integration into the established community. The property's NU3 zoning permits residential construction, making it ideal for a new housing development project. Its strategic location between Sand Canyon and Soledad Canyon Roads, and in close proximity to the College of the Canyons, offers excellent accessibility and appeal to potential residents. The property includes valuable easements and rights of way agreements with neighboring properties. These agreements encompass crucial infrastructure elements, including water rights, storm drain and sewer rights, and the right to construct a new road, significantly streamlining the development process and reducing potential infrastructure costs. The APN is 2839-005-032, and the property is held in trust. This is a rare opportunity to contribute to addressing the housing shortage while capitalizing on a prime location in a thriving market. The asking price is $1,250,000. Further details are available upon request.

    Property Features for 0 Sierra Hwy

    General Information

    Property type
    Land
    Lot Size
    2,047,320 SF

    HighLights

    • Exceptional opportunity to develop much‑needed residential housing.
    • Prime location for residential construction.
    • High demand for new housing in this market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.4399851
    Latitude
    34.4328996

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    FAQs

    What type of property is this?
    Land - Prime Residential Development Land
    Where is this land located?
    The property is located at Sierra Hwy Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Exceptional opportunity to develop much-needed residential housing.; Prime location for residential construction.; High demand for new housing in this market.
    Request Owner's contact information
    Sierra Hwy Santa Clarita, CA 91351
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    Santa Clarita, CA 91351
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Sierra Hwy Santa Clarita, CA 91351
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