CA-2 Mile Marker Ln 50.93 Palmdale, CA 91011
- Specialty properties
- 10,026 SF
- 10.17 lot acres
Current Use by Public Records
- Specialty properties
Property Details for CA-2 Mile Marker Ln 50.93
- Year built
- 1939
- Lot size
- 10.17 lot acres
- Property size
- 10,026 SF
- Property type
- Specialty properties
- Property subtype
- Retail properties
Description
Newcomb's Ranch, a legendary 10.17-acre property in the Angeles National Forest (Los Angeles County, CA), presents a unique investment opportunity. This fee-simple ownership includes two buildings totaling 10,026 square feet on a 5,340-foot elevation site. Built in 1939, the property boasts a rich history as a roadhouse, restaurant, hotel, and more, currently vacant. The permitted A-2-2 zoning allows for potential development into a boutique hotel or glamping destination. Located at CA-2 Mile Marker LA 50.93 (near La Cañada Flintridge, zip code 91011), it's a 45-minute drive from Pasadena. The property's prime location adjacent to exceptional hiking, camping, and mountain biking trails within the Angeles National Forest, coupled with its proximity to Mt. Waterman Ski Lifts (10-minute drive), makes it an attractive destination. Its popularity with motorcyclists and car enthusiasts, drawing thousands of visitors each weekend, is well documented. The $5,985,000 asking price translates to $596.95 per square foot. This is the only privately-owned property along the Angeles Crest Highway (CA-2), offering unparalleled development potential and a truly unique investment opportunity in a stunning mountain setting. The property's APN is 3066-011-033. The two buildings are two stories each.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.002
- Latitude
- 34.3298
