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

27626 Iris Place, Castaic, California 91384 home-pic-0

27626 Iris Place

Castaic, California 91384

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,705Sq Ft
18,364Lot Size

Property Price

LIST PRICE$720,000
EST. MARKET VALUE
$751,040
4% BelowMARKET VALUE

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

$751,040 +$31,040 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Castaic.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
27626 Iris Place
Subject
$720,000*
List Price
431,705$440-
A
27729 Villa Canyon
Sold
$815,000431,981$4110.2 mi
B
27625 Moonlight Place
Sold
$880,000432,230$3950.5 mi
C
29862 Muledeer Lane
Active
$849,999
List Price
432,230$3810.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

7/10

Live Oak Elementary School

Grades K-6 • 1.4 mi

5/10

Castaic Middle School

Grades 7-8 • 0.1 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot1,7052,230
30%
Lot Size18,3647,552
84%
Price$720.0K$820.0K
31%
Price per sq ft$422$399
60%
Built year19971999
45%
HOA$110.0$0
77%
Days on market3185
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

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