Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Lake Elizabeth Road Leona Valley, CA 93551

    View on Map
    Claim this Listing
    For Sale
    $175,000

    D - Leona Valley, CA

    Lot size:
    79.60 Acres
    Added:
    Mar 10, 2026
    Days on Market:
    32
    Last Refresh:
    Apr 10 at 7:06 am

    Property Features for Lake Elizabeth Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    LCA22
    Standard status
    Active
    APN
    3224-003-010
    Lot size
    79.60 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sussan Sotelo

    Listing agent Sussan Sotelo License #01501633

    Listing office HomeBased Realty 25000 Ave Stanford. Ste 214, Valencia, CA 91355, CA

    Listing date Mar 10, 2026

    MLS# 26002091 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leona Valley Land Near Lake

    This is an exceptional opportunity to own nearly 80 acres overlooking beautiful Lake Elizabeth. The scenic hillside parcel features sweeping views of the lake, valley, and surrounding mountains. Located along Munz Ranch Road, the property offers privacy, natural terrain, and wide-open space ideal for recreation, a private retreat, or long-term investment. The property is zoned LCA22. Enjoy the peaceful rural setting while still being a short drive to the Lake Elizabeth community and surrounding mountain towns.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Leona Valley
    County
    Los Angeles
    State
    California
    Longitude
    -118.393652
    Latitude
    34.671385

    Nearby Similar for Sale

    • $199,000

      Leona Valley Land on Paved Road

      23 acres of land perfect for a dream home.
      38351 Bouquet Canyon Road, Leona Valley, CA 93551
      View Details
    • $50,000

      Leona Valley Land with Panoramic View

      Land with panoramic views, perfect for building a custom home.
      0 97th St W, Leona Valley, CA 93551
      View Details
    • $285,000

      Leona Valley Land Masterpiece

      10.15-acre Leona Valley property with infrastructure and Airstream.
      9301 Lost Valley Road, Leona Valley, CA 93551
      View Details
    • $285,000

      Leona Valley 5-Acre Land Parcel

      5.023-acre land parcel in Leona Valley, approved building plans.
      11039 Elizabeth Lake Road, Leona Valley, CA 93551
      View Details
    • $199,000

      Expansive Land in Leona Valley

      35 acre parcel in Leona Valley offers natural splendor.
      90 W Avenue N-8, Leona Valley, CA 93551
      View Details
    • $280,000

      Leona Valley Land Parcel

      4.94-acre corner lot with water meter in place.
      87th Stw Vic Vientos, Leona Valley, CA 93551
      View Details
    • $130,000

      85+ Acres in Leona Valley

      Two contiguous parcels totaling 85.92 acres in Leona Valley, CA.
      0 North Side Dr Vic Rulen St, Leona Valley, CA 93551
      View Details
    • $24,900

      Leona Valley Land Investment Opportunity

      4.91-acre parcel near Leona Valley, ideal for future development.
      3224-033-012 Munz Rch Rd, Leona Valley, CA 93551
      View Details
    • $24,900

      Leona Valley Land Investment Opportunity

      4.91-acre parcel in Leona Valley with development potential.
      3224-033-011 Munz Rch Rd, Leona Valley, CA 93551
      View Details
    • $25,000

      9.8 Acres in Leona Valley

      9.8 acres of commercial land available in Leona Valley.
      Vic Munz Rch Rd, Leona Valley, CA 93551
      View Details
    • $29,000

      Leona Valley 2.5 Acre Parcel

      2.5 acre parcel in Leona Valley with A1 zoning.
      Elizabeth Lk Rd Road, Leona Valley, CA 93551
      View Details
    • $1,795,000

      Massive Ranch Near Los Angeles

      250-acre ranch suitable for farming, homes, or private compound.
      14780 Lake Elizabeth Rd, Lake Elizabeth, CA 93551
      View Details

    FAQs

    What type of property is this?
    Land - Scenic 80-acre hillside parcel with lake and mountain views.
    Where is this land located?
    The property is located at Lake Elizabeth Road Leona Valley, CA.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: Nearly 80 acres of land.; Sweeping views of Lake Elizabeth, valley, and mountains.; Private and secluded hillside location.
    (661) 236-3905
    We can help!
    Listing Contact
    Sussan Sotelo
    Real Estate License ID: 01501633
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!