23322 Montecito Place, Valencia, California 91354, Valencia, 91354 - 3 bed, 3 bath
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Valencia, California 91354
This Mediterranean-style Value-Add Residence is a Strong Value Opportunity, listed at $799,999—positioned well below the $816,165 Fair Market Value by 1%. This valuation gap offers $16,166 in Instant Equity for buyers. Currently holding a Fair Condition Rating, the property features an expansive 39,310 sqft lot and a private patio, providing a rare canvas for modernization in the prestigious Valencia Northpark community. Located near top-rated William S. Hart schools with no Mello Roos, this home is a strategic acquisition for Owner-Occupants or first-time buyers looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23322 Montecito Place Subject | $799,999* List Price | 3 | 3 | 1,672 | $488 | - |
A 23307 Anacapa Sold | $850,000 | 3 | 3 | 1,423 | $597 | 0.0 mi |
B 23334 Anacapa Lane Sold | $760,000 | 3 | 3 | 1,423 | $534 | 0.0 mi |
C 28907 Mirada Circulo Active | $775,000 List Price | 3 | 3 | 1,962 | $395 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (26 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original features. While it has been refreshed with newer laminate flooring and paint, the kitchen remains dated with older white appliances and cabinetry. The listing description explicitly identifies the home as a 'canvas' for personal touches, confirming that while functional, it requires modern updates to the primary systems and living spaces.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39310, living area = 1672.
The property features an exceptionally low HOA fee and no Mello Roos, providing significant monthly savings and increased purchasing power compared to many other developments in the Valencia area.
Boasting one of the largest backyards in the neighborhood with a lot size of nearly 40,000 sqft, this property offers rare outdoor space for entertaining, recreation, or potential expansion in a suburban setting.
Marketed as a 'perfect canvas' with potentially enhanced photos, the home likely requires additional investment to modernize the interior finishes and fixtures to meet current market standards.
The property features two separate single-car garages rather than a traditional attached two-car garage, which may be less convenient for vehicle access and unified storage needs.
Welcome to this 3-bedroom, 3-bathroom home in the highly sought-after Shutters community of Northpark Valencia. Featuring a spacious and functional open floor plan, this home offers a great layout for everyday living and entertaining. All three bedrooms, including the primary suite, are located upstairs, providing a comfortable and private retreat. The main living area flows seamlessly to the backyard, one of the largest in the neighborhood and perfect for enjoying outdoor living year-round, whether relaxing or hosting gatherings. This home showcases a charming Mediterranean-style exterior and includes two separate single-car garages with laundry conveniently located in one garage. Ideally positioned near highly rated schools, parks within walking distance, and Valencia’s popular shopping, dining, paseos, and scenic trails, this home offers incredible potential in a prime location. Ready for you to make it your own, this property is the perfect canvas to add your personal touches and create the home you’ve been dreaming of in one of Valencia’s most desirable neighborhoods. Low HOA and no Mello Roos! Photos may be enhanced for marketing purposes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 38% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,672 | 2,348.5 | 21% |
| Lot Size | 39,310 | 6,780.5 | 90% |
| Price | $800.0K | $921.8K | 31% |
| Price per sq ft | $478 | $390 | 79% |
| Built year | 1998 | 2003 | 42% |
| HOA | $43.0 | $155 | 14% |
| Days on market | 0 | 187 | 1% |
Apr 20, 2026
$799,999
Initial Listing
Oct 13, 2023
$780,000
Public Record
Sep 22, 2008
$420,000
Public Record
Sep 26, 2005
$565,000
Public Record
Jun 19, 2002
$310,000
Public Record
Sep 25, 1998
$227,500
Public Record