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Sold for $400,000
  • $400,000

    8000 Elizabeth Lake Rd, Palmdale, CA 93551

    --beds
    --baths
    149.99Acres
    Land
    Built in ----
    149.99 Acres Lot
    $-- Zestimate®
    $--/sqft
    $2,207 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,207/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: October 22, 2024 at 08:20pm

    Listed by:

    Mark Mestepey DRE #01991537 818-624-0099,

    Castlestone Properties, Inc.

    Bought with:

    Katherine Owen, DRE #01019354

    Realty Executives Santa Clarita

    Source: GAVAR,MLS#: 24002798MLS Logo

    Facts & features

    Property

    Lot
    • Size: 149.99 Acres
    Details
    • Parcel number: 3205004025
    • Zoning: LCA22*

    Community & neighborhood

    Location
    • Region: Palmdale

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash

    Price history

    DateEventPrice
    5/31/2024Sold$400,000-11.1%
    Source: GAVAR #24002798 Report a problem
    5/10/2024Pending sale$450,000
    Source: GAVAR #24002798 Report a problem
    5/5/2024Listing removed--
    Source: GAVAR #24002798 Report a problem
    5/4/2024Price change$450,000-24.4%
    Source: GAVAR #24002798 Report a problem
    4/18/2024Listed for sale$595,000
    Source: GAVAR #24002798 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Leona Valley

    Nearby schools

    GreatSchools rating