Wiley Canyon
31 Acres | Fully Entitled for Up to 250 Homes | Santa Clarita
Marketing description
CBRE is pleased to present Wiley Canyon located at 24924 Hawkbryn Avenue, Newhall, Los Angeles, California in the Santa Clarita Valley submarket, an area known for its robust growth and housing demand.
This unique residential land opportunity features ±31 acres and is zoned MX-N, and will be delivered fully entitled for up to 250 units (any combination of SFR/Townhomes/Duplexes), ±140,000 SF senior living, and ±9,000 SF retail space. The property has enhanced flexibility for potential project customization by accommodating a range of development styles to meet market demands. The current site will be delivered fully entitled, allowing for up to 250 residential units, a senior living/assisted living facility, and retail opportunities.
Conveniently located along Wiley Canyon Rd, the property offers excellent access to major thoroughfares. It is approximately 1 mile from the I-5 Freeway and 0.5 miles from the 14 Freeway, ensuring seamless connectivity to the greater Los Angeles area and facilitating easy commutes for future residents and businesses.
The surrounding area features an array of notable amenities that enhance its appeal to potential residents and businesses. Within close proximity, residents can enjoy attractions such as Six Flags Magic Mountain (5.0 mi) and the Santa Clarita Valley Historical Society Museum (3.0 mi). Upscale dining options include Mastro's Steakhouse (2.5 mi) and The Bazaar by José Andrés (1.5 mi), both recognized for their exceptional culinary experiences. The property is also near The Grove (7.0 mi), an upscale outdoor shopping destination, and CityWalk at Universal Studios (21.5 mi), which provides a lively mix of shopping and entertainment. For outdoor recreation, Newhall Park (1.0 mi) offers playgrounds, sports fields, and picnic areas, making it an ideal spot for families and community gatherings. Additionally, Griffith Park (3.5 mi) features a vast expanse of hiking trails, the Griffith Observatory, and the Los Angeles Zoo, providing ample opportunities for outdoor activities and family fun. Henry Mayo Newhall Hospital (1.2 mi) serves as a nearby healthcare facility, ensuring that residents have access to quality medical services.
With a growing population and a community that embraces both residential and commercial development, this offering presents a unique opportunity to acquire a well-located development site in a thriving area. This makes it an ideal choice for those looking to capitalize on the potential of Newhall and the surrounding Santa Clarita Valley, where the future holds promising prospects for growth and investment.
Investment highlights
- Prime Development Opportunity - This unique 31± acre parcel in vibrant Newhall offers MX-N zoning, providing a versatile canvas for up to 250 units (any combination of SFR/Townhomes/Duplexes), ±140,000 SF senior living, and ±9,000 SF retail space.
- Thriving Community - Newhall is a rapidly growing community in the Santa Clarita Valley, known for its small-town charm and easy access to major freeways. The area supports a diverse business landscape, enhancing its appeal for future developments.
- Strategic Location - Located just 1 mile from the I-5 freeway, this property ensures excellent connectivity to Los Angeles and the San Fernando Valley, with close proximity to the 14 freeway and the Newhall Metrolink Station for convenient public transit access.
- Education and Healthcare Access - Situated within the William S. Hart Union High School District, the property is also near key educational institutions like the College of the Canyons. Major healthcare facilities, including Henry Mayo Newhall Hospital, are within easy reach.
- Surrounding Amenities - The area is rich in amenities, featuring an array of restaurants, shopping centers, and entertainment venues. Notable attractions include Six Flags Magic Mountain, Newhall Park, and the Santa Clarita Valley Trail System, enhancing the property's desirability.
- Community Engagement - The property enjoys a balance of walkability and driveability, allowing residents easy access to local amenities and community events.
- Future Development Trends - Newhall is experiencing a surge in both residential and commercial developments, with several major projects underway. This trend positions the area for continued growth and investment potential.
- Safety - Santa Clarita Valley is one of the safest regions in Los Angeles County, with low crime rates, well-maintained infrastructure, and active community policing.
- Schools - The property is within the highly rated William S. Hart Union High School District and near higher education institutions like College of the Canyons and CalArts.
- City Economic Plans - Santa Clarita prioritizes sustainable growth, with ongoing infrastructure projects and revitalization efforts like Old Town Newhall's redevelopment, enhancing business and investment opportunities.
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