Santa Clarita, Los Angeles County, CA Land For Sale - 616 Acres
28190 San Martinez Grande Canyon Road, Castaic, CA | Lat/Lng: 34.4338, -118.6828
$2,990,000
616 ac.
10/09/2018
ACTIVE
Description
Total of 616+/- acres comprised of five separate APN's with direct access to the property from Martinez Grande Canyon Road, just off Highway 126. Sloping to steep terrain typical of the Santa Clarita Valley. Two rental homes provide modest income. The general layout of this land has solid development potential with many possibilities. A plateau in the middle of the Property, serviced by a loop road, can be developed to provide tremendous view opportunities. The Santa Clarita Valley has a strong home sales market with many resale homes selling for more than $1,000,000. We see this area’s value growing with increasing employment opportunities as the industrial parks and Newhall Ranch builds out. Seller is looking to settle an estate.