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29276 Discovery Ridge, Saugus, California 91390, Saugus, 91390 - 4 bed, 3 bath

29276 Discovery Ridge, Saugus, California 91390 home-pic-0
ACTIVE$699,000
29276 Discovery Ridge, Saugus, California 91390
4Beds
3Baths
2,829Sqft
5,345Lot
Year Built
2004
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$247
HOA
-
Days on market
-
Sold On
-
MLS number
GD25274417
Home ConditionPoor
Features
Good View: None
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 17% below the list price. We found 3 Cons,6 Pros. Rank: price - $699.0K(11th), sqft - 2829(64th), beds - 4(50th), baths - 3(50th).

Opportunity awaits in the community of Discovery Ridge. This short-sale fixer offers excellent potential for buyers looking to customize a home to their vision. The property has significant water damage and will require repairs, making it ideal for contractors, investors, or those seeking a renovation project in a desirable location. Situated among beautifully maintained homes and close to shopping, dining, parks, and top-rated schools, this residence provides a rare chance to build equity in a sought-after neighborhood. Bring your imagination and your contractor—this is a true diamond in the rough with outstanding upside for the right buyer.

Nearby schools

7/10
Mountainview Elementary School
Public,•K-6•0.5mi
6/10
North Park Elementary School
Public,•K-6•2.3mi
9/10
Rio Norte Junior High School
Public,•7-8•2.5mi
8/10
Arroyo Seco Junior High School
Public,•7-8•2.8mi
10/10
Saugus High School
Public,•9-12•2.5mi
9/10
Valencia High School
Public,•9-12•3.5mi

Price History

Date
Event
Price
12/11/25
Listing
$699,000
04/08/24
Sold
$1,160,000
03/14/14
Sold
$620,000
02/12/09
Sold
$530,000
02/17/05
Sold
$601,000
Condition Rating
Poor
The property, built in 2004, is explicitly described as a 'short-sale fixer' with 'significant water damage' requiring 'major renovation.' The images confirm this, showing stripped-down kitchens and bathrooms with exposed plumbing, unfinished walls, and a neglected backyard with an empty/dirty pool. This indicates substantial repairs and rehabilitation are needed, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Great Schools: Middle School: Rio Norte Junior High School (9/10). High School: Saugus High School (10/10).
Significant Equity Building Potential: Listed as a short-sale fixer, the property offers substantial potential for equity growth given its current price of $699,000 compared to its last sale price of $1.16 million in April 2024.
Desirable Neighborhood: Located in the 'Discovery Ridge' community, known for its well-maintained homes and status as a sought-after neighborhood in Saugus.
Top-Rated School Access: The home benefits from its proximity to several highly-rated public schools, including Mountainview Elementary (7), Valencia High (9), and Saugus High (10).
Convenient Amenities: Situated close to essential amenities such as shopping centers, dining options, and local parks, enhancing the convenience and lifestyle for residents.
Customization Opportunity: The property's 'fixer' status presents a unique opportunity for buyers to fully customize and renovate the home to their specific vision and preferences.

Cons

Extensive Water Damage: The property has sustained significant water damage, which will require extensive and costly repairs to restore its condition and habitability.
Major Renovation Required: Classified as a 'fixer,' this home necessitates a substantial renovation project, demanding considerable investment in both time and financial resources.
Short Sale Process Complexity: As a short sale, the transaction process may be more complex, lengthy, and uncertain than a traditional sale, potentially posing challenges for buyers.

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