27626 Iris Place, Castaic, California 91384, Castaic, 91384 - 4 bed, 3 bath

27626 Iris Place
Castaic, California 91384
Property Price
SUMMARY
Analysis of 27626 Iris Place, Castaic, California 91384 reveals a Prime Investment Opportunity with a current list price of $720,000—significantly undercutting the $751,040 Fair Market Value by 4%. This valuation gap indicates a +$31,040 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Castaic Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27626 Iris Place Subject | $720,000* List Price | 4 | 3 | 1,705 | $440 | - |
A 27729 Villa Canyon Sold | $815,000 | 4 | 3 | 1,981 | $411 | 0.2 mi |
B 27625 Moonlight Place Sold | $880,000 | 4 | 3 | 2,230 | $395 | 0.5 mi |
C 29862 Muledeer Lane Active | $849,999 List Price | 4 | 3 | 2,230 | $381 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements, including a new HVAC system (2022) and water heater (2023). The interior has been tastefully updated with a contemporary kitchen, refreshed bathrooms featuring modern vanities and fixtures, and upgraded carpeting. Although the home was built in 1997, the recent updates to major systems and cosmetic finishes, along with low-maintenance exterior features like artificial turf and vinyl fencing, align with the 'Good' quality standard.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 18364, living area = 1705.
- Great Schools
High School: Valencia High School (9/10).
- Recent Major System Upgrades
The property features a new HVAC system installed in 2022 and a water heater replaced in 2023, significantly reducing immediate capital expenditure for the new owner.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18364, other record lot size in square feet = 18419.
- High Density Floor Plan
Fitting four bedrooms into 1,705 square feet may result in smaller individual bedroom sizes or more compact common living areas compared to other homes in this price point.
- Lack of Scenic Views
Despite being located in the Marigold neighborhood of Castaic, the listing specifies no views, which may be a drawback for buyers seeking the vistas often associated with the area.
About 27626 Iris Place
This well-maintained home is tucked within the sought after Marigold neighborhood, offers a thoughtfully designed layout and a range of recent updates. This residence offers four bedrooms and two-and-a-half bathrooms, providing flexible living spaces and a move-in ready opportunity! Inside, the open floor plan provides a bright and comfortable living environment, with natural light throughout the main living areas and contemporary kitchen makes for a clean modern feel. Upstairs, upgraded carpeting adds comfort throughout the living spaces. Bathrooms feature refreshed fixtures, including updated faucets, toilets, and contemporary lighting. On the main level, the powder room includes new flooring and a modern vanity. Several key systems have been recently updated, including a new HVAC system installed in 2022 and a water heater replaced in 2023. The kitchen includes a refrigerator, and the home is equipped with a smart thermostat and a front-door smart lock. A washer and dryer are also included. The backyard features a fully fenced vinyl enclosure, artificial turf designed for low maintenance, and a pergola that provides shaded outdoor space. A decorative fountain adds an additional outdoor design element. Additional features include a spacious two-car garage with storage potential, a primary bedroom with a walk-in closet and an ensuite bathroom, and refreshed landscaping at the outdoor entry as you approach the front door.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 18,364 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $110.0 / Month
Neighborhood Insights
Castaic Unified Schools
Castaic Elementary School
Grades K-6 • 0.7 mi
Live Oak Elementary School
Grades K-6 • 1.4 mi
Castaic Middle School
Grades 7-8 • 0.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,705 | 2,230 | 30% |
| Lot Size | 18,364 | 7,552 | 84% |
| Price | $720.0K | $820.0K | 31% |
| Price per sq ft | $422 | $399 | 60% |
| Built year | 1997 | 1999 | 45% |
| HOA | $110.0 | $0 | 77% |
| Days on market | 3 | 185 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$720,000
Initial Listing
Sold
Jul 27, 2021
$657,000
Public Record
Sold
Jun 17, 2014
$402,000
Public Record















































