Leona Valley, CA 93551,8000 Elizabeth Lake RD
Leona Valley, CA 93551,8000 Elizabeth Lake RD
Leona Valley, CA 93551,8000 Elizabeth Lake RD
Leona Valley, CA 93551,8000 Elizabeth Lake RD
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$400,000

$450,000

11.1%
Est.Price: ?

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Est. payment /mo

149.99 Acres Lot


SOLD DATE : 05/31/2024

Key Details

Sold Price $400,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24077110

Sold Date 05/31/24

HOA Y/N No

Lot Size 149.985 Acres

Property Description

150 acres of land in prime Leona Valley. Only $3,000 per acre! Rare opportunity! This notable property consists of 7 contiguous parcels. The property has an expansive frontage area on Elizabeth Lake Rd, the main thoroughfare in the area, as well as frontage on Bouquet Canyon Rd, which continues to Santa Clarita. The property has a varied mix of terrains, including flatland closer to Elizabeth Lake Rd, and gently rolling hills to the south. There are old horse facilities present off the Bouquet Canyon side of the property, and it's believed that a water pump was once present on the property. To the west of the property is an established subdivision of equestrian homes, and to the east is the location of the planned ''Ritter Ranch'' community. This property has a wealth of potential uses for a variety of end users. Such users include the developer that could subdivide the property and sell off the lots or build estate homes, the equestrian homeowner who could build their dream estate home and raise a herd of horses or other animals on the land, the agriculturalist who could create a wonderful wine vineyard or produce farm, the entrepreneur who could create a equestrian facility, and many more. Leona Valley is the hidden gem of northern LA County and all of California, an area of safety and security away from the hustle and bustle of the city. There are million dollar homes and ranches in Leona Valley, and the average home sale price in 2023 was $635,000. This is a wonderful property and a wonderful opportunity for a wide variety of people. Rarely do properties this large come available, with an ''in-fill'' location nestled within a high-end equestrian area.

Location

State CA

County Los Angeles

Area Lel - Lake Elizabeth

Zoning LCA22*

Interior

Fireplace No

Exterior

Community Features Mountainous, Rural, Suburban

View Y/N Yes

View Hills, Mountain(s)

Building

Lot Description Horse Property, Rolling Slope

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 3205004025

Acceptable Financing Cash

Horse Property Yes

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Mark Mestepey • Castlestone Properties, Inc.
Bought with Katherine Owen • Realty Executives Homes
agent-avatar

michelle@michellehomesellingteam.com

515 S Myrtle Ave, Monrovia, CA, 91016, USA

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