Mission Village Development in Valencia, CA
See our map of the neighborhoods and brief descriptions about the subdivisions making up this new Valencia, CA community

Here we provide firsthand local information about the homes and neighborhoods in the MLS Area, FivePoint Valencia, a new housing development west of Magic Mountain in Valencia, CA. Initiated around 2020, this project is planned to span 20 years and is being completed in phases. Most of the homes in this phase are already built, sold, and occupied. The development offers a diverse range of housing types, including condos, townhomes, and single-family homes, some of which have distinctive qualities.
For those interested in other new housing developments in Santa Clarita, there is also the ongoing Tesoro Highlands development in the northern portion of Valencia.
Scroll down to watch the video, see real estate listings and find links to our exclusive neighborhood reports.
Find links to reports we have prepared for most of the neighborhoods or subdivisions in this FivePoint Valencia community west of Magic Mountain.
While looking at the homes and listing prices, interested buyers should know there will also be Mello Roos AND HOA costs. Combined, these amounts could easily exceed $1000 per month.
The project has been in the planning stages for years and overall, it’s a huge development. Construction is expected to take place over many years and eventually there will be 5 communities with approximately 21,000 residential homes. Also, it’s evident the homes are considered to be some of the most environmentally sustainable in the nation. The first homes were condos or townhomes and models opened in late 2021. Some of the builders include Richmond American Homes, Tri Pointe Homes, Lennar, Toll Brothers, KB Home and more.
Our Thoughts So Far
So far, we’re impressed. As the project continues we’re hoping for more single family homes and many locals want to see more affordable housing, especially for the 55 Plus crowd. Others are concerned with impacts to local traffic, especially both directions on I-5. Certainly, these are all legitimate concerns, but for now we’ll have to wait and see what the future holds.
The map displayed below is a continual work in progress, but is a reasonable representation of the subdivisions as they relate to each other. Updated in 2026.

If you’re planning to buy a brand-new home—here or in any new development—make sure to bring us with you on your very first visit or before registering online. Once you sign in at the builder’s sales office without us, we can’t represent you. We know the process inside and out, understand what to look for, and help you ask the right questions. You’ll have someone in your corner from start to finish, giving you valuable insights and an important extra layer of protection.


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The information provided here is based on our own experience representing buyers in this community, as well as our visits and tours of the community. To be clear, the Gregory Real Estate Group is not affiliated with the developer or builders of this project. We are a family of Santa Clarita Valley residents and local, independent REALTORS®/BROKERS. Our goal is to share our unbiased, firsthand local information with our friends, clients and website visitors.


All the homes are environmentally friendly and developed to achieve zero energy standards. This is interesting and one of the first of its kind. Each home includes solar panels and many homes offer an option for a NEV charging station for an electric vehicle. Of course, the electric car doesn’t come with the home, so you’re on your own for that one!

A large resort styled community recreation area with multiple pools, spas and more.

Residents enjoy walking, jogging and riding the many trails throughout the community

There are multiple parks with greenbelts, trees, playgrounds, park benches & more.
Schools
There are multiple nearby schools, but as of 2025, there are no schools directly within the community. The developer has indicated, in the future there will be elementary schools, one junior high school and one high school. That’s good news for future residents, but it looks to be quite a long time into the future.
Shopping & Dining
There is currently no shopping or dining locations within the neighborhoods, but it’s a relatively short drive to nearby locations.
Fire Stations
At some point there will be a fire station, but as of 2025 it’s not yet built.
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Originally the developer indicated the community would be called Mission Village and the new communities would be referred to as villages, however it appears that’s no longer true. See below links to current and future developments,
See our map of the neighborhoods and brief descriptions about the subdivisions making up this new Valencia, CA community
Legacy Village is a future housing development located near Magic Mountain, just above Stevenson Ranch, CA. The plans call for a mix of single family homes, condos, apartments, retail and office space.
Learn more about the future development planned for Landmark Village. This new development is located west of I-5, at the far west end of Magic Mountain Parkway. So far, there are not construction dates set.