
Castaic, California 91384
Analysis of 27772 Parker Rd, Castaic, California 91384 is currently available with a list price of $3,900,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1938, the structures are over 85 years old with no recorded renovations. The property is marketed as a 40-acre development opportunity where the value is primarily in the land; the existing cabin and outbuildings show significant weathering, boarded windows, and outdated systems consistent with land-value-only listings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1743278, living area = 1458.
Spanning approximately 40 acres of rolling terrain, this property offers rare subdivision or multi-estate potential with multiple possible homesites in a high-demand area.
The elevated setting provides breathtaking, unobstructed views of Castaic Lake and the surrounding mountain ranges, offering a unique and premium backdrop for a luxury estate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1743278, other record lot size in square feet = 1742718.
The existing 1938 log cabin is modest in size and age, likely requiring significant renovation or replacement to align with the property's multi-million dollar land valuation.
Prospective buyers face extensive due diligence regarding zoning, utility access, and subdivision permits with Los Angeles County, which may involve complex and costly approval processes.
Exceptional 40± acre development opportunity in the scenic hills of Castaic featuring an existing log cabin, breathtaking panoramic mountain views, and views of Castaic Lake. Whether you're an investor, developer, builder, or someone seeking a private estate, this unique property offers incredible potential in a highly desirable location. The existing log cabin provides immediate functionality while you explore the property's future possibilities. With approximately 40 acres of rolling terrain, multiple potential homesite locations, and expansive natural surroundings, the property presents an outstanding opportunity to create a custom estate, family compound, recreational retreat, or pursue future development potential (buyer to verify). Enjoy the perfect balance of privacy and convenience, just minutes from Interstate 5, shopping, dining, recreation, and Castaic Lake. The elevated setting captures stunning sunrise and sunset views overlooking the surrounding hills and the lake, creating an exceptional backdrop unlike many other properties in the area. Buyer to independently verify zoning, subdivision potential, permitted uses, utilities, and all development possibilities with Los Angeles County. Listing Agent must be present for all showings. Please do not access the property without a scheduled appointment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,458 | 1,752 |
| Lot Size | 1,743,278 | 6,287 |
| Price | $3.90M | $811.4K |
| Price per sq ft | $2.7K | $428 |
| Built year | 1938 | 1988 |
| HOA | $0 | $99 |
| Days on market | 20 | 59 |
Jul 2, 2026
$3,900,000
Initial Listing
Jun 9, 1999
$122,000
Public Record