16 days on rocket

4218 Elizabeth Lake Rd, Leona Valley, CA, 93551

$2,995,000

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingCarport
HeatingNone
CoolingNone
FireplaceNone
ViewCanyon, Hills
MLS #24394729
Lot Size44.71 Acres
StatusActive

About 4218 Elizabeth Lake Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Stories: 0

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

Interior Features

Interior Information:

  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Canyon, Hills

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 44.71 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Highland High School, Public Magnet Grades 9-12
  • Hillview Middle School, Public District Grades 6-8
  • Gregg Anderson Academy, Public District Grades KG-8
  • Anaverde Hills, Public District Grades KG-7

Other

Directions Information:

  • Directions: Elizabeth Lake Rd & Ranch Center Dr

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,995,000
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Housing Market Comparison

See how this home compares to others in Palmdale, CA.

Med. Sold Price

$500K

Med. Price/SqFt

$271

Avg. Days On Market

42

# of Sold Homes

79

4218 Elizabeth Lake Rd vs Palmdale

16 DAYS ON ROCKET

-26 Days

$2,995,000

+$2.4M More

KEY TAKEAWAY

This property is $2.4M more than the Median Sold Price in Palmdale, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24394729

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (424) 405-3900
  • Listing Agent: Jonathan Weir

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 23, 2017Home Sold
$16,000
Oct 23, 2017Home Sold
$16,000
Aug 30, 1993Home Sold
$124,000

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,046

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-6073074
5
/10
  • Hillview Middle School

  • 40525 Peonza Ln

  • 2.02 miles

  • Public District Grades 6-8

school-card-donut-6073075
8
/10
  • Gregg Anderson Academy

  • 5151 West Ave N8

  • 2.49 miles

  • Public District Grades KG-8

school-card-donut-6073076
5
/10
  • Anaverde Hills

  • 2902 Greenbriar St

  • 2.51 miles

  • Public District Grades KG-7

High School

school-card-donut-6073077
4
/10
  • Highland High School

  • 39055 25th St W

  • 1.68 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,536. Residents of Palmdale, CA typically earn between $35k-100k each year. Residents typically live in married, with kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4218 Elizabeth Lake Rd

What is the listing price of this property?

The listing price of 4218 Elizabeth Lake Rd property is $2,995,000.

What type of property is this?

The property 4218 Elizabeth Lake Rd is a house located in Leona Valley, California, 93551.

Is this property for sale now?

Active Listing: 4218 Elizabeth Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4218 Elizabeth Lake Rd are:
Hillview Middle School: GreatSchools Rating 5/10
Gregg Anderson Academy: GreatSchools Rating 8/10
Anaverde Hills: GreatSchools Rating 5/10
Highland High School: GreatSchools Rating 4/10

When was this property sold last time and for how much?

The last sale was on October 23, 2017 for $16,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4218 Elizabeth Lake Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The sq. ft. of 4218 Elizabeth Lake Rd is not available (source: MLS/tax record).
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Rocket HomesCaliforniaLos Angeles CountyPalmdale935514218 Elizabeth Lake Rd

This home is located at 4218 Elizabeth Lake Rd in Leona Valley, CA and zip code 93551. This home sits on a 44.71 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $2,995,000.

Over 35 listings were sold over their listed price in April 2024 in Palmdale, CA. In the same period over 25 listings were sold below the listed price and 19 listings were sold for the listed price. In April 2024 in Palmdale, CA there were 6.2% more homes for sale than in March 2024. Listings spent 42 days on the market in April 2024, and had a median list price of $500,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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