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    23217 Sierra Hwy Santa Clarita, CA 91321

    Sponsored
    For Sale
    $3,950,000

    Santa Clarita Assisted Living Opportunity

    Property size:
    61,736 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional development opportunity presents a fully entitled 83-unit (+/-) assisted living facility totaling 61,736 square feet on a 4-acre parcel in Santa Clarita, CA. Located at 23217 Sierra Hwy, 91321, this prime property boasts a proposed mix of studio, one-, and two-bedroom units, including 29 memory care units with a private secured courtyard. The site plan includes excellent on-site amenities. The property is zoned MXC (tenant to verify) and enjoys a scenic setting near hiking trails, offering convenient access to major freeways (SR-14, SR-126, and I-5). Its strategic location near Valencia Town Center, downtown Newhall, Disney Ranch, Six Flags Magic Mountain, golf courses, and numerous parks makes it highly desirable. The asking price is $3,950,000, translating to $63.98 per square foot. The APN is 2827-005-048. This represents a significant opportunity for investors seeking a high-demand senior living development in a thriving Los Angeles County community. The property's fully entitled status streamlines the development process, minimizing potential delays and maximizing return on investment.

    Property Features for 23217 Sierra Hwy

    General Information

    Property type
    Retirement homes
    Square Feet
    61,736 SF
    Lot Size
    174,240 SF

    HighLights

    • Fully entitled 83‑unit (+/-) assisted living facility totaling 61,736 square feet on a 4‑acre parcel in Santa Clarita, CA.
    • Located at 23217 Sierra Hwy, Santa Clarita, CA 91321, with a proposed mix of studio, one-, and two‑bedroom units, including 29 memory care units and a secured courtyard.
    • Excellent on‑site amenities; zoned MXC (buyer to verify).
    • Prime location near major freeways (SR‑14, SR‑126, and I‑5), Valencia Town Center, and numerous recreational amenities.
    • Asking price: $3,950,000 ($63.98 PSF); APN: 2827‑005‑048.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.5071923
    Latitude
    34.3618582

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    FAQs

    What type of property is this?
    Retirement home - Santa Clarita Assisted Living Opportunity
    Where is this retirement home located?
    The property is located at 23217 Sierra Hwy Santa Clarita, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: Fully entitled 83-unit (+/-) assisted living facility totaling 61,736 square feet on a 4-acre parcel in Santa Clarita, CA.; Located at 23217 Sierra Hwy, Santa Clarita, CA 91321, with a proposed mix of studio, one-, and two-bedroom units, including 29 memory care units and a secured courtyard.; Excellent on-site amenities; zoned MXC (buyer to verify).
    Request Owner's contact information
    23217 Sierra Hwy Santa Clarita, CA 91321
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    Santa Clarita, CA 91321
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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
    23217 Sierra Hwy Santa Clarita, CA 91321
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