8000 Elizabeth Lake Road, Leona Valley, CA 93551
Property
Sold May 2024
Listing Agent: Mark Mestepey (DRE #01991537) · Listing Office: Castlestone Properties, Inc. · Contact: 818-993-0099 · Bought with: Katherine Owen · Realty Executives Homes · MLS #SR24077110 · Source: CRMLS
About this property
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.
Listing description from the May 2024 sale, as reported to CRMLS.
Sale history