
Sylmar, California 91342
This Equestrian Property presents a High-Potential Investment Opportunity with a List Price of $899,999—positioned well above the $796,321 Fair Market Value by 13%. While the property requires significant modernization due to its Fair Condition Rating, the expansive 11,968 sqft lot and proximity to Hansen Dam Horse Park offer rare utility. The home features a functional single-story layout with Mountain Views, providing a solid foundation for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Equestrian Enthusiasts seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10525 Woldrich Subject | $899,999* List Price | 3 | 2 | 1,628 | $489 | - |
A 10609 Jimenez Street Sold | $825,000 | 3 | 2 | 1,800 | $458 | 0.3 mi |
B 10344 Arnwood Sold | $800,000 | 3 | 3 | 1,575 | $508 | 0.4 mi |
C 10852 Longford Street Active Under Contract | $885,000 List Price | 2 | 2 | 1,693 | $523 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1963, the property is over 60 years old and shows significant signs of age. The interior features highly dated green carpeting, older ceiling fans, and 1990s-era floor and counter tiling. Given the age and lack of visible recent renovations, the kitchen, bathrooms, and major systems likely require a full rehab to meet modern standards.
This rare Lake View Terrace property is fully equipped for horse enthusiasts, featuring dedicated stables and a tack house on a generous quarter-acre lot.
Ideally situated moments from the Hansen Dam Horse Park and miles of scenic trails, offering unparalleled convenience for active equestrian lifestyles.
The home features a comfortable floor plan with multiple exterior access points, creating a seamless indoor-outdoor flow that maximizes the ranch-style living experience.
Built in 1963, the interior may require updates or renovations to meet the aesthetic and functional standards of contemporary buyers.
The specialized equestrian focus and layout may limit the property's appeal to a specific buyer segment, potentially narrowing the pool of interested parties compared to standard residential lots.
Rare Lake View Terrace equestrian property offering the perfect blend of country living and city convenience! Ideally situated just moments from the Hansen Dam Horse Park and the miles of scenic Hansen Dam horse trails, this gated horse property is ready for riders, animal lovers, and anyone seeking the vision of their forever home. Set on an over quarter acre lot, the property features horse stables, tack house, generous outdoor space, and endless possibilities to create your ideal ranch lifestyle while remaining close to shopping, dining, and commuter access. Inside, the single-story home offers a comfortable floor plan with spacious living areas, well-proportioned bedrooms, and an abundance of natural light. While the interior presents an opportunity for updating and personal touches, multiple exterior access points throughout the home create a seamless connection between the interior and the surrounding outdoor spaces, making it easy to enjoy everything the property has to offer. The primary bedroom features its own en suite bathroom, while the additional bedrooms provide flexibility for family, guests, or a home office. Step outside to discover the true highlight of the property. Whether you're caring for horses or livestock, storing your vehicles, entertaining guests, gardening, or simply enjoying the peaceful setting, the expansive grounds provide exceptional versatility. A spacious attached garage offers ample room for parking, storage, hobbies, or workshop space. Opportunities to own a horse property in such close proximity to the Hansen Dam equestrian facilities are few and far between. Whether you're an experienced equestrian or simply dreaming of a property with room to grow, this is a rare chance to enjoy the Lake View Terrace lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,628 | 1,423 |
| Lot Size | 11,968 | 8,597 |
| Price | $900.0K | $799.6K |
| Price per sq ft | $553 | $541 |
| Built year | 1963 | 1963 |
| HOA | $0 | $163 |
| Days on market | 13 | 54 |
Jul 9, 2026
$899,999
Initial Listing
Sep 29, 1997
$160,000
Public Record