4218 Elizabeth Lake Road, Leona Valley, CA 93551

$2,995,000 Asking Price

3 beds
2 baths

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.


Features & Amenities

Interior

Laundry:
None
Flooring:
Wood
A/C:
false, None
Heating:
false, None
Fireplace:
None

Exterior

General:
Barn(s)
Style:
Ranch
Other Structures:
Barn(s)
Pool:
None
Parking:
Carport, Parking spaces: 0

Construction

General:
1

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
PDA1, 3206018031
View:
Canyon,Hills, View

Financial

Source:
CRMLS

This listing courtesy of:
Marcus & Millichap, Jonathan Weir

About Palmdale, CA

Housing

Number of Units
53,583
Median Home Value
$304,941
Median Rent
$1,201

35.83% of housing units are renter occupied.

3.15% are vacant.

Commute

Car
71.34%
Public Transportation
1.17%
Walk to Work
0.37%
Work from Home
25.28%
Other
1.67%

The median travel time to work is 32 minutes.

People

Population
183,871
Median Age
33.50
Median Household Size
3.53

Education

High School
28.86%
Associate’s Degree
7.51%
Bachelor’s Degree
11.17%
Graduate Degree
4.77%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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