26938 Via Terraza, Saugus, California 91350, Saugus, 91350 - 3 bed, 3 bath
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26938 Via Terraza
Saugus, California 91350
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,285Sq Ft
213,514Lot Size
Property Price
LIST PRICE$469,900
EST. MARKET VALUE
$469,900
SUMMARY
This 3-Bedroom Townhouse-Style Condominium represents a Strong Value Opportunity, listed at $549,900—positioned well below the $599,371 Fair Market Value by 8%. This valuation gap provides $49,471 in Instant Equity for incoming owners. While maintaining a Dated Condition Rating with original 1976 finishes, the functional layout and private patio offer significant value-add potential. Residents benefit from the William S. Hart Union District, specifically the 10/10 rated Saugus High School. This asset is a premier choice for first-time buyers or Buy-and-Hold Investors seeking entry into a high-demand market.
Estimated Market Value
$469,900
Based on Realkey algorithm analyzing recent comparable sales in Saugus.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1976, this property is well-maintained and staged but remains largely dated. The kitchen features older tile countertops and painted original cabinetry rather than a full modern remodel. Interior details like popcorn ceilings and original metal stair railings indicate the home is past the 20-year threshold for a 'Good' rating without a comprehensive renovation of systems and surfaces.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: Saugus High School (10/10).
- Top-Rated School District
The property is zoned for award-winning schools, including Saugus High School (Rating 10) and Arroyo Seco Junior High (Rating 8), providing exceptional educational value for families.
- Exceptional Value Proposition
Priced competitively at $549,900 for a 3-bedroom layout, this home represents a rare entry-level opportunity for first-time buyers or investors in the desirable Saugus market.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =213514, other record lot size in square feet = 213392.
- Property Age
Built in 1976, the residence may require updates to major systems or cosmetic finishes to meet modern standards compared to newer construction in the Santa Clarita area.
- Lack of Scenic Views
The property is listed as having no significant views, which may be a drawback for buyers specifically looking for the panoramic canyon or city light vistas common in the region.
About 26938 Via Terraza
An Amazing Opportunity, Discover the most affordable three-bedroom opportunity in Saugus / Santa Clarita. This spacious two-story townhome style offers 3 bedrooms, 2.5 bathrooms, approximately 1,285 square feet, a private patio, one-car garage and an additional covered parking space. The functional floor plan features a comfortable living area with fireplace, dining space and all bedrooms conveniently located upstairs. The home offers an excellent opportunity for a buyer to update and personalize it while building long-term value. The Terrace community includes a swimming pool, playground and landscaped common areas. Conveniently located near local schools, parks, restaurants, shopping and the many amenities of Santa Clarita. Bring your ideas and transform this property into the home you have been searching for.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1976
- Lot Size
- 213,514 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Saugus Unified Schools
Highlands Elementary School
Grades K-6 • 0.4 mi
4/10
Santa Clarita Elementary School
Grades K-6 • 0.6 mi
6/10
Arroyo Seco Junior High School
Grades 7-8 • 0.5 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.2 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,285 | 996.833 |
| Lot Size | 213,514 | 57,099.667 |
| Price | $469.9K | $465.8K |
| Price per sq ft | $366 | $460 |
| Built year | 1976 | 2001 |
| HOA | $385.0 | $298 |
| Days on market | 167 | 100 |
Pricing History
Listed for Sale
Sep 3, 2026
$469,900
$485,000
-3% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$485,000
$495,000
-2% Price Drop
Initial Listing
Price Change
Jul 8, 2026
$495,000
$510,000
-3% Price Drop
Initial Listing
Price Change
Jun 18, 2026
$510,000
$529,000
-4% Price Drop
Initial Listing
Price Change
May 10, 2026
$529,000
$549,900
-4% Price Drop
Initial Listing
Price Change
Mar 26, 2026
$549,900
Initial Listing
Sold
Jun 8, 2006
$176,000
Public Record
Sold
Mar 9, 2004
$285,500
Public Record