31229 Cherry Drive, Castaic, California 91384, Castaic, 91384 - 4 bed, 3 bath
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31229 Cherry Drive
Castaic, California 91384
ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,007Sq Ft
19,097Lot Size
Property Price
LIST PRICE$944,990
EST. MARKET VALUE
$1,021,221
7% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,035,000—positioned well below the $1,072,954 Fair Market Value by 3%. This valuation gap offers $37,954 in Instant Equity. Featuring a Good Condition Rating, the home includes Owned Solar, a Granite Kitchen, and a private oasis with a Pool and Spa. Located in a No HOA/No Mello Roos community with access to Top-Rated Valencia High School, this property is ideal for Owner-Occupants or growing families seeking long-term value.
Estimated Market Value
$1,021,221+$76,231 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Castaic.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31229 Cherry Drive Subject | $944,990* List Price | 4 | 3 | 3,007 | $340 | - |
A 31607 Hipshot Sold | $760,000 | 4 | 2 | 1,947 | $390 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2002 (22 years old), the property qualifies as 'Good' due to significant updates and meticulous maintenance. The kitchen has been renovated with granite countertops and modern stainless steel appliances, and the home features high-value system upgrades like owned solar and a whole-house fan. While some bathroom cabinetry appears original, the overall condition is move-in ready with no immediate maintenance required.
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 = 19097, living area = 3007.
- Great Schools
High School: Valencia High School (9/10).
- Financial Advantages
The property offers significant long-term savings with owned solar panels and the rare benefit of having no HOA or Mello Roos fees, which is a major value add for the Santa Clarita Valley area.
CONSRISKS & DEFICIENCIES
- School Rating Disparity
While the high school is top-rated, the local elementary and middle schools have lower ratings (6 and 5 respectively), which may be a concern for families with younger children.
- Commuter Location
Located in the northernmost part of the Santa Clarita Valley, the property may result in longer daily commute times for those working in Los Angeles or central business hubs.
About 31229 Cherry Drive
MASSIVE $90K PRICE ADJUSTMENT! NOW OFFERED AT $944,990! Welcome to 31229 Cherry Dr., an exceptional 3,007 sq. ft. Castaic estate offering an impressive combination of space, outdoor living, and value. Enjoy the added benefit of no HOA and no Mello-Roos, along with a private resort pool backyard, gated RV/Boat parking, and fully paid, owned solar. The open and inviting floor plan features generously sized living areas, a large family room with a cozy fireplace, and a beautifully appointed kitchen with granite countertops, a center island, a wine refrigerator, and abundant cabinet space. Whether hosting friends or enjoying a quiet evening at home, this layout is designed for everyday living. The spacious primary suite is a private retreat with stunning views, dual walk-in closets with custom organizers, and plenty of room to relax. Additional features include a whole-house fan, custom finishes, and a walk-in linen closet. Step outside to your own private oasis where you will find a sparkling pool and spa, a gazebo with an integrated gas fire feature, a large grassy yard, a dedicated gated side yard garden perfect for a dog run, and multiple spaces to gather while taking in the beautiful hillside views. Gated RV parking adds even more versatility for your recreational vehicles, boat, or extra storage. Homes that offer this much space, incredible outdoor living, scenic views, **no HOA, and no Mello Roos** are a rare find. Do not miss this outstanding opportunity to make this beautiful Castaic property your next home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 19,097 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Castaic Unified Schools
Castaic Middle School
Grades 7-8 • 1.2 mi
5/10
Northlake Hills Elementary School
Grades K-7 • 1.3 mi
6/10
Valencia High School
Grades 9-12 • 4.8 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.6 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,007 | 1,816.204 |
| Lot Size | 19,097 | 6,460.633 |
| Price | $945.0K | $794.1K |
| Price per sq ft | $314 | $421 |
| Built year | 2002 | 1992 |
| HOA | $0 | $99 |
| Days on market | 49 | 57 |
Pricing History
Listed for Sale
Aug 18, 2026
$944,990
$985,000
-4% Price Drop
Initial Listing
Price Change
Aug 5, 2026
$985,000
$1,035,000
-5% Price Drop
Initial Listing
Price Change
Jul 22, 2026
$1,035,000
Initial Listing
Sold
Feb 20, 2015
$575,000
Public Record
Sold
Jun 30, 2010
$499,000
Public Record
Sold
Oct 27, 2006
$765,000
Public Record