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16166 Sierra Highway, Santa Clarita, California 91390, Santa Clarita, 91390 - 2 bed, 2 bath

16166 Sierra Highway, Santa Clarita, California 91390 home-pic-0
ACTIVE$2,000,000
16166 Sierra Highway, Santa Clarita, California 91390
2Beds
2Baths
789Sqft
111,289Lot
Year Built
1953
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$2,535
HOA
-
Days on market
-
Sold On
-
MLS number
25611247
Home ConditionFair
Features
Good View: Canyon, Mountain(s), Panoramic, Valley
ViewCanyon, Mountain(s), Panoramic, Valley

About this home

We found 4 Cons,6 Pros. Rank: price - $2.00M(98th), sqft - 789(1th), beds - 2(7th), baths - 2(27th).

Welcome to your newest opportunity in Santa Clarita. This sale includes 4 parcels on approximately 2.55 acres of land. The front .75 acre parcel is zoned commercial. It's flat and buildable with nearly 200' of frontage on Sierra Hwy. The remaining 3 parcels are zoned residential. There is a very nice 2 bedroom, 2 bathroom single family home with detached garage on propane and well water. The property is well maintained and fully fenced in. A rare feature of this property is that it has two sources of water, one being the well and the second, an artesian spring. The property is located right off Sierra Hwy with great visibility and lots of traffic driving by daily. The C-3 zoned frontage and adjoining residential lots means you can explore development opportunities such as mixed-use, a retail pad with attached townhomes, or a standalone high-density neighborhood, letting you target the best risk/return profile. The property is conveniently located near freeway access, shopping centers, schools, parks and hiking trails. Santa Clarita is considered one of the faster growing cities in LA County with major developments like Sand Canyon Plaza, Skyline Ranch and Valencia by FivePoint all completing soon as well as regional job/housing growth and transit/capital improvements nearby. Don't miss this opportunity. Come see it today!

Price History

Date
Event
Price
11/10/25
Listing
$2,000,000
03/15/19
Sold
$415,000
07/23/99
Sold
$240,000
Condition Rating
Fair
The property was built in 1953, making it over 70 years old. While the MLS description notes it is 'well maintained,' it also states the existing structure has 'Limited Value' and is 'likely considered a tear-down or requires substantial renovation' in the context of the land's development potential. Visually, the kitchen has been updated with dark cabinets, granite-look countertops, stainless steel appliances, and recessed lighting, making it functional and reasonably modern. The main living areas feature updated laminate flooring. However, other areas, like the wood-paneled room, appear dated, and the bathroom, while functional with a newer vanity, has an older-style floor and basic finishes. The house is livable and maintained but shows its age and has not undergone a full, recent renovation, aligning with the 'fair' category where major components are functional but show signs of being outdated and minor updates or repairs are required.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 111289, living area = 789.
Exceptional Development Potential: The property includes 4 parcels totaling 2.55 acres, with a front 0.75-acre parcel zoned commercial (C-3) and the remaining 3 residential. This unique combination allows for diverse development opportunities such as mixed-use, retail, or high-density residential projects.
Strategic Commercial Frontage & Visibility: Boasting nearly 200 feet of flat, buildable frontage directly on Sierra Highway, the property benefits from high traffic and excellent visibility, making it ideal for commercial ventures.
Abundant & Self-Sufficient Water Supply: A rare feature, the property has two independent water sources: a well and an artesian spring, providing significant self-sufficiency and potential cost savings, a valuable asset in California.
Significant Acreage & Multiple Parcels: The substantial 2.55-acre lot, divided into four distinct parcels, offers considerable flexibility for future subdivision, expansion, or phased development projects.
Location in a Rapidly Growing Market: Situated in Santa Clarita, one of LA County's faster-growing cities with major developments underway, the property benefits from strong regional job/housing growth and long-term investment potential.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =111289, other record lot size in square feet = 42750.
Limited Value of Existing Structure: The current 789 sqft, 2-bedroom home built in 1953 is small and likely considered a tear-down or requires substantial renovation, contributing minimally to the property's high list price.
Reliance on Non-Municipal Utilities for Home: The existing residence utilizes propane and well water, which, while offering self-sufficiency, may be less convenient or desirable for typical residential buyers accustomed to municipal utility services.
High Entry Price for Development: The $2,000,000 list price represents a significant upfront investment, primarily for the land and its development potential, which may narrow the pool of prospective buyers to serious developers or investors.

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