Flat and buildable Land with over 36,000 sq ft in one of the best locations of Santa Clarita. Property has its Own permitted easement for traffic and it is surrounded by Million Dollar Properties. Adjacent Property on 16430 Lost Canyon Rd has 2 brand new houses on 1 Acre lot and sells separately or together with this Vacant Lot ready for Development. Property currently has a barn structure for multiple possible uses. It is permitted to Build on it and Buyer encouraged to check with Building and Safety all possibilities. Sewer runs on the Street so no need for Septic Systems. Location is Key with quick access to the Freeway and Close Proximity to San Fernando Valley. Act fast as this property is priced well below its value.