Active

4218 Elizabeth Lake Rd

Leona Valley CA, 93551

$2,499,000


Active

3 Beds

2 Baths

Residential

Welcome to Lazy T Ranch, an exquisite piece of the Wild West nestled in the heart of rugged beauty in Leona Valley. Located a little over an hour outside of LA city, this sprawling western ranch spans over 44.7 acres of pristine land, offering a harmonious blend of rustic charm with unlimited potential. As you enter through the iconic gates, a sense of tranquility washes over you, greeted by rolling hills, vintage and rustic machinery, and majestic trees dotting the landscape. The ranch features a main 3b2b house and 5 additional rental single-family home dwellings for rentals or owner occupancy, a newer built 2,500 sqft storage facility, a wedding chapel, outdoor picnic areas, five trailer pads, a treehouse, and plenty of outdoor space for further dreams and opportunities . For the equestrian enthusiast, there's a state-of-the-art horse stable with a total of 90 spacious stalls, four separate riding arena, and miles of scenic trails to explore on horseback. Entertainment options abound with a stocked amount of possibilities. Current ownership host company retreats, weddings, quinceanera, birthday parties , movie and show filming, and horse lessons/boarding which generated additional revenues for the property. From a development standpoint, the property sits on a combined acreage of just over 44.7 acres. Many of the surrounding plots of land have been purchased by residential home developers as this market is poised for future growth and a perfect place to build entry level homes at an affordable basis with plenty of profit for a developer. At only $1.53 per square foot, this offering packs real value for a new buyer. The property sits only four and a half miles from freeway 14 with its closest neighbor over a mile away. Lazy T Ranch is not just a property; it's a lifestyle a place where the timeless allure of the Old West meets endless possibilities, creating an unparalleled retreat for those seeking the ultimate western experience or business opportunities.

24-394729

MLS ID

May 21, 2024

Listed

September 13, 2024

Updated

Map

4218 Elizabeth Lake Rd
Leona Valley CA, 93551

Interior Features

Total Stories

0


Bedrooms

3


Total Bathrooms

2


Full Bathrooms

2


Appliances

None


Laundry Description

None


Floor Description

Wood


Fireplace

No


Fireplace Description

None


Cooling

No


Cooling Description

None


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

44.71 Acres


Lot Features

Horse Property


Architectual Style

Ranch

Other Property Details

Area Name

Palmdale


Days on Market

120


Garage

No


Parking

Carport


Parking Total

0


View

Yes


View Description

Canyon, Hills, Fields


County

Los Angeles


Pool

No


Pool Features

None


Zoning

PDA1

Listing History

Date

Event

Price

9/10/2024

Price change

$2,499,000

-17%

Listed by Jonathan Weir with Marcus & Millichap
Listing Contact: 707-225-2402 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Christie’s International Real Estate Southern California shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/13/2024

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