Santa Clarita Valley - Residential Development Opportunity

Vacant Land for Sale
Catylist Listing ID: 30872231
Property Subtypes: Residential (Single Family)
Gross Land Area: 306 Acres
Sale Price: $4,500,000
Unit Price: $14,705 Per Acre
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 5/20/2024

Overview / Comments

Romero Canyon Estates is a unique opportunity to build 94 single family homes on approximately 194 acres of land..
The community will allow for 37.53 acres for preserved open space.
There are additional acres located adjacent and northwest of the recorded map acreage for water tank site/mitigation. Total acres is approximately 306+/-.

Additional Details

Nearest MSA: Los Angeles-Long Beach-Anaheim
County: Los Angeles
Tax ID/APN: 3247-062-003
Property Visibility: Good
Legal Description: 106 APNs: 3247-024-013, 3247-025-028, 324-025-031, 324-025-032, 3247-062-001 through 3427-062-047, 3247-062-050 through 3427-062-057, 3247-063-001 through 3427-063-047
Highway Access: Near I-5
Site Description: The subject property is generally located West of the I-5 off Lake Hughes Rd exit. More specifically, the project is located westerly on Sloan Canyon Rd, on which the road turns into Cyn Hls Rd; the property is located northwest of the Cyn Hls Rd and Romero Canyon Rd intersection. The property is directly North of Castaic High School (opened 2019).

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,232 5,932
Median Age: 28.54 30.48
Households: 329 1,589


Photograph of Listing Agent

Stephanie L Gilezan

EXP Realty LLC KCREA Member
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