$400,000
$450,000
11.1%For more information regarding the value of a property, please contact us for a free consultation.
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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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with Katherine Owen • Realty Executives Homes
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA