Under ContractSingleFamilyResidence

24957 Chestnut

Newhall, CA, 91321

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$949,000

MLS: SR26104410

Beds

3

Baths

3

Sq Ft

1,700

Lot

0.35 ac

Year Built

1950

MLS #

SR26104410

Days on Market

5

Listed

May 14, 2026

Description

"Spacious and versatile property with an 880 sq ft permitted, detached ADU. Currently 1 bed, 1.5 bath, kitchen, laundry and living room too! There is a tankless water heater for the entire building and AC Units in each of the 3 sections of the ADU! Private gated driveway entrance, ample parking, open layout (spacious) with the living room flowing into a beautiful, complete kitchen boasting granite countertops, and full-sized stove. The bathroom has a zero-clearance shower, and there is a laundry closet with room for full size units & full hookups. The office features its own entrance, creating excellent flexibility for remote work, guests, or added privacy as well as the potential for the ADU to be a 2 bed 2 bath w/not much to change. The ADU was constructed in 2019! The main house features 3 bedrooms and 2.5 bathrooms with upgrades including a newer roof (2022), new HVAC (2023), copper re-piped plumbing, upgraded 200 amp electrical panel, remodeled kitchen and bathrooms, LVP flooring, plush carpet in the bedrooms, fresh interior & exterior paint, originally built in the 1950s, and as well including a tankless water heater. Sitting on a double lot (35% of an acre; 15,268 Sq Ft), this listing includes a permitted enclosed red structure, perfect for a home office, gym, art studio, or bonus flex space, storage, and the possibility of a Studio rental unit (380-ish Sq Ft; kitchenette & bathroom to be added). Ample gated parking, detached 2-car garage, covered RV parking with electrical hookups, and room for work vehicles, trailers, or equipment [behind a brick wall and chain-link (fence material) gate] make this property uniquely functional. This large lot has plenty of room for utility and recreation with a large patio, grassy areas, a few mature trees (oak & fruit). Close to schools (Elementary through High School; as well as Colleges-TMU/Cal-Arts/COC/CSUN)! More than just a house with a backyard cottage, mother-in-law suite or casita, this property is a versatile asset for living, working, hosting and investing. A perfect setup for extended family, multi-generational living, college-aged children, live/work arrangements, or buyers looking to offset their mortgage and pay it off faster with rental income [by easily converting the 2 other existing structures]. No HOA for this property.

Location

Newhall, Los Angeles County, CA 91321

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Listed by: Timothy Roney · Keller Williams VIP Properties

Payment estimate

$7,060

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $94,900 · Loan: $854,100

%
Principal & Interest
$5,415
Property tax (1.25%)
$989
Homeowners insurance
$300
Mortgage insurance
$356
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Today's Rates

As of May 28, 2026

30-year fixed
6.53%
15-year fixed
5.87%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Newhall home with as little as 3.5% down using an FHA loan — roughly $33,215 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.