$3,900,000
MLS: SR26143907
Beds
3
Baths
2
Sq Ft
1,458
Lot
40.02 ac
Year Built
1938
MLS #
SR26143907
Days on Market
0
Listed
Jul 2, 2026
Description
Exceptional 40± acre development opportunity in the scenic hills of Castaic featuring an existing log cabin, breathtaking panoramic mountain views, and views of Castaic Lake. Whether you're an investor, developer, builder, or someone seeking a private estate, this unique property offers incredible potential in a highly desirable location. The existing log cabin provides immediate functionality while you explore the property's future possibilities. With approximately 40 acres of rolling terrain, multiple potential homesite locations, and expansive natural surroundings, the property presents an outstanding opportunity to create a custom estate, family compound, recreational retreat, or pursue future development potential (buyer to verify). Enjoy the perfect balance of privacy and convenience, just minutes from Interstate 5, shopping, dining, recreation, and Castaic Lake. The elevated setting captures stunning sunrise and sunset views overlooking the surrounding hills and the lake, creating an exceptional backdrop unlike many other properties in the area. Buyer to independently verify zoning, subdivision potential, permitted uses, utilities, and all development possibilities with Los Angeles County. Listing Agent must be present for all showings. Please do not access the property without a scheduled appointment.
Location
Castaic, Los Angeles County, CA 91384
Open on Google Maps ↗Listed by: Thomas Marchant · Real Brokerage Technologies, Inc.
Payment estimate
$27,849
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $390,000 · Loan: $3,510,000
Average 30-yr fixed rate 6.43% as of Jul 2, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $22,024
- Property tax (1.25%)
- $4,063
- Homeowners insurance
- $300
- Mortgage insurance
- $1,463
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jul 2, 2026
- 30-year fixed
- 6.43%
- 15-year fixed
- 5.79%
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 Castaic home with as little as 3.5% down using an FHA loan — roughly $136,500 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.
USDA Rural Development — 100% Financing+
ZIP code 91384 qualifies for USDA Rural Development financing — 100% financing with no down payment for income-eligible buyers. USDA loans offer below-market interest rates and reduced mortgage insurance premiums, making this one of the most affordable paths to homeownership in Castaic. Check your household income eligibility at eligibility.sc.egov.usda.gov.
Local Market Stats
See Castaic, CA 91384 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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