RealKey
‪(213) 433-7766‬

16402 Placerita Canyon Road, Newhall, California 91321, Newhall, 91321 - 4 bed, 3 bath

16402 Placerita Canyon Road, Newhall, California 91321 home-pic-0
ACTIVE$768,000
16402 Placerita Canyon Road, Newhall, California 91321
4Beds
3Baths
2,584Sqft
87,915Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 87915, living area = 2584.
Top Cons:
Requires Full Remodel: Explicitly stated as a 'Fixer Opportunity' and needing a 'full luxury remodel,' indicating significant upfront investment and construction effort.

Compared to the nearby listings

Price:$768.0K vs avg $905.0K ($-137,000)15%
Size:2,584 sqft vs avg 2,104 sqft67%
Price/sqft:$297 vs avg $4543%

More Insights

Built in 1961 (64 years old).
Condition: The property, built in 1961, is explicitly described as a 'Fixer Opportunity' requiring a 'full luxury remodel' and is 'not move-in ready.' The images confirm this, showing significant exterior disrepair, exposed structural elements, and a general state of construction or demolition. While permits are approved for a remodel, the current condition indicates major systems, finishes, kitchen, and bathrooms are either severely outdated, non-functional, or non-existent, necessitating substantial rehabilitation.
Year Built
1961
Close
-
List price
$768K
Original List price
$699K
Price/Sqft
$297
HOA
-
Days on market
-
Sold On
-
MLS number
25601045
Home ConditionPoor
Features
Good View: Hills
ViewHills

About this home

Permits have been approved & issued. Fixer Opportunity in Sand Canyon / Newhall An incredible chance to reimagine a classic 1961 ranch-style farmhouse. Featuring 4 bedrooms, 3 bathrooms, and over 2,800 sq. ft. of living space, this property sits on an expansive 87,000+ sq. ft. lot with sweeping views above Placerita Canyon. This home is RTi-ready and primed for a full luxury remodel with no additional square footage being added, investors and owner-users alike can capitalize on the huge add-value potential. Whether you're seeking a massive return on investment or instant equity upon completion, this property offers both.Highlights include: *Oversized detached garage *Flat and usable lot with endless potential *Peaceful location in the highly sought-after Sand Canyon community *Expansive views and natural surroundings. A rare offering in a prestigious neighborhood ideal for builders, investors, or buyers looking to create their dream home.

Condition Rating
Poor
The property, built in 1961, is explicitly described as a 'Fixer Opportunity' requiring a 'full luxury remodel' and is 'not move-in ready.' The images confirm this, showing significant exterior disrepair, exposed structural elements, and a general state of construction or demolition. While permits are approved for a remodel, the current condition indicates major systems, finishes, kitchen, and bathrooms are either severely outdated, non-functional, or non-existent, necessitating substantial rehabilitation.
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 = 87915, living area = 2584.
Approved Renovation Permits: Permits have been approved and issued, significantly streamlining the remodel process and reducing initial hurdles for buyers.
Expansive & Usable Lot: The property boasts an expansive 87,000+ sq. ft. flat and usable lot, offering immense potential for landscaping, additions, or recreational facilities.
Prime Location & Views: Situated in the highly sought-after Sand Canyon community, it offers a peaceful setting with sweeping views above Placerita Canyon and natural surroundings.
Significant Value-Add Potential: Described as 'RTi-ready' and 'primed for a full luxury remodel,' this property offers substantial return on investment or instant equity for investors and owner-users.
Oversized Detached Garage: Includes an oversized detached garage, providing valuable storage, workshop space, or potential for other uses.

Cons

Requires Full Remodel: Explicitly stated as a 'Fixer Opportunity' and needing a 'full luxury remodel,' indicating significant upfront investment and construction effort.
Older Construction: Built in 1961, the property likely has outdated systems, infrastructure, and finishes that will need to be addressed during the comprehensive remodel.
Not Move-In Ready: As a 'fixer,' the property is not move-in ready and requires substantial financial and time commitment beyond the purchase price to reach its full potential.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state