28955 Lillyglen Dr, Canyon Country, California 91387, Canyon Country, 91387 - 2 bed, 2 bath
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Canyon Country, California 91387
This Expansive 5-Acre Development Site is a strategic Value-Add Asset with a List Price of $650,000, reflecting its massive land utility despite a $570,334 Fair Market Value. The existing home holds a Condition Rating of 4, requiring significant modernization, but the true value lies in the 224,638 Sq. Ft. Lot and stunning Mountain Views. Proximity to Canyon High School (Rating: 8) and the William S. Hart Union High School District enhances the long-term investment appeal. This is a prime acquisition for Real Estate Developers or Equestrian Enthusiasts.
Property is moderate renovation needed.
Built in 1983, the property is aged and shows significant signs of being outdated. The kitchen features older oak-style cabinetry, dated white appliances, and fluorescent lighting, while the living areas contain worn carpets and popcorn ceilings. While the home appears maintained and habitable, it lacks any recent major renovations, and the listing's focus on 'potential' and land value confirms that the structure requires modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 224638, living area = 1318.
Boasting over 5 acres (224,638 sq. ft.), this property offers rare and limitless potential for expansion, additional dwelling units, or a custom equestrian estate in a desirable Santa Clarita location.
The property features impressive mountain views and a high degree of privacy, providing a serene rural atmosphere while remaining close to urban amenities.
With only 1,318 square feet of living space, the current structure is relatively small compared to the massive lot size, which may necessitate further construction to maximize the land's value.
Built in 1983 and marketed for its 'potential,' the property likely requires modernization or significant upgrades to align with contemporary buyer expectations.
This unique property sits on an impressive 224,638 square foot lot—over 5 acres of opportunity! The amazing home offers endless potential for anyone looking to expand, build additional units, create an equestrian estate, or simply looking for privacy. Located near major freeways and surrounded by growth, this property blends open space with convenience. Enjoy proximity to outdoor recreation, shopping and dining at Valencia Town Center, and entertainment like Six Flags Magic Mountain. A rare find in today’s market with limitless possibilities in one of Santa Clarita’s most desirable areas. PROFESSIONAL PICTURES COMING SOON!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.8 mi
Grades 7-8 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 6% |
| Baths | 2.0 | 3.0 | 19% |
| Square foot | 1,318 | 2,442 | 7% |
| Lot Size | 224,638 | 13,318 | 93% |
| Price | $650.0K | $940.0K | 3% |
| Price per sq ft | $493 | $403 | 74% |
| Built year | 1983 | 2000 | 26% |
| HOA | $0 | $107 | 41% |
| Days on market | 196 | 208 | 44% |
Oct 8, 2025
$650,000
Initial Listing