
Valencia, California 91354
This Turnkey Single-Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $700,000—positioned well below the $715,000 Fair Market Value by 2%. This valuation gap provides $15,000 in Instant Equity. Featuring a Condition Rating of 2 with a modernized kitchen and expansive 101,163 sqft lot, the home offers rare privacy and top-tier education via Valencia High School and Rio Norte Junior High. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29206 Rio Lobo Way Subject | $700,000* List Price | 3 | 3 | 1,809 | $395 | - |
A 29013 Mirada Circulo Sold | $865,000 | 4 | 3 | 2,484 | $348 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2005, the property features a modern, high-end kitchen renovation (likely <5 years) with white shaker cabinetry, farmhouse sink, and stainless steel appliances. The interior appears in mint condition with updated fixtures and finishes, meeting the criteria for a recently renovated, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 101163, living area = 1809.
Middle School: Rio Norte Junior High School (9/10). High School: Valencia High School (9/10).
The property is served by highly-rated institutions including Valencia High School and Rio Norte Junior High, both boasting 9/10 ratings, which significantly sustains long-term property value.
The property was recently sold within the past year on 2026-06-12. The sold price is $726,000.00.
A price cut from the original listing suggests the property may have faced initial overpricing or stagnant buyer interest during its first month on the market.
At 1,809 square feet, the living space is relatively modest compared to the massive lot size, which may not meet the expectations of buyers seeking a larger estate-style residence.
29206 Rio Lobo Way, Valencia, CA 91354 is a two-story Valencia single- home built in 2005 with three bedrooms and three bathrooms across two levels. The kitchen is fitted with white cabinetry, stainless steel appliances including a gas range, refrigerator, and dishwasher, a vented range hood for clearing cooking odors, a farmhouse sink, and recessed lighting for even task illumination. The open living area connects to the kitchen and includes ceiling fans for air circulation and a sliding glass door that opens to the rear patio. The primary bathroom provides double sinks for shared morning use, a separate soaking tub, and a glass-enclosed shower. A paved patio within the fully fenced backyard supports outdoor seating, and a two-car attached garage completes this residence with practical amenities throughout every room.
No exterior & parking available.
Grades K-6 • 1.2 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,809 | 2,124.5 |
| Lot Size | 101,163 | 6,484.5 |
| Price | $700.0K | $953.0K |
| Price per sq ft | $387 | $428 |
| Built year | 2005 | 1998 |
| HOA | $118.0 | $166 |
| Days on market | 30 | 59 |
Jul 21, 2026
$700,000
Initial Listing
Jun 22, 2026
$715,000
Initial Listing
Jun 12, 2026
$726,000
Public Record
Jun 6, 2018
$462,000
Public Record
Jun 7, 2016
$432,000
Public Record
Jun 26, 2014
$355,000
Public Record
May 2, 2011
$252,000
Public Record
Oct 10, 2006
$507,000
Public Record