31008 Pine Canyon Road
Lake Hughes, CA, 93532
$4,995,000
MLS: 26672209
Beds
12
Baths
10
Sq Ft
11,100
Lot
333.76 ac
Year Built
1922
MLS #
26672209
Days on Market
8
Listed
Apr 1, 2026
Description
Rancho Corona Del Valle rests gently against the Angeles National Forest. Its 333 acres of pastures, aged oaks, storied 17 stall barn, and charming abodes command views across the famed Tejon Ranch. Here, located between 700,000 acres of Angeles National Forest and the 270,000 acre Tejon Ranch, you'll enjoy the expansive and private feeling of a big Texas ranch while only being one hour from Los Angeles. Rancho Corona Del Valle is steeped in history and has hosted several Hollywood legends. The ranch was long ago owned by the same family that held Westwood and the land where UCLA now stands. After its place in the Classic Hollywood film era, Rancho Corona Del Valle was a coveted quarter horse racing farm, known for horses like Top Rocket, and other steeds' illustrious wins at Los Alamitos racetrack. A yearly race in their honor continues. The main four bedroom hacienda of 4200 s.f. dates to 1883, and is jeweled with Batchelder tile, a romantic courtyard, old wooden doors, a peaceful veranda overlooking pastures and valleys, simply too many architectural treasures to name. The four guest homes ranging from 900-1800 s.f., are charming, reflecting a rich vintage ranch esthetic. In addition to the five residences there are five cottage/bungalows dotted throughout the property. On warm days jump in the swimming hole, a large water reservoir seated at the crown of the hill with breathtaking views (appx 80 ft wide x 50 ft long x10 ft deep). This ranch has fantastic natural water/wells, and a 30,000 gallon holding tank. Ride the ranch's dirt roads and trails, gallop the old furlong race track (currently needing new footing and fencing), pick fruit from the orchard (apricot, nectarine, peaches, apple, pomegranate, plum, cherry), practice riflery at the shooting range, or venture into the hills to feel the glory of nature. Ranches like Rancho Corona Del Valle are held for generations and rarely grace the market. The opportunity to buy such a piece of California history is truly rare. Buyer to verify all zoning, permits, square footage, acreage amount and land uses. Square footage is approximate and includes 5 cottages and 5 homes. Sale includes multiple APN's which total 333 acres. The barn area also offers a large chicken aviary, a round pen and a vintage roping arena of appx 250x80 ( both round pen and arena in need of new fencing and footing and have an old squeeze shoot/return alley).
Location
Lake Hughes, Los Angeles County, CA 93532
Open on Google Maps ↗Listed by: Jaisa Bishop · Rodeo Realty- Brentwood
Payment estimate
$34,997
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $499,500 · Loan: $4,495,500
- Principal & Interest
- $27,621
- Property tax (1.25%)
- $5,203
- Homeowners insurance
- $300
- Mortgage insurance
- $1,873
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Lake Hughes home with as little as 3.5% down using an FHA loan — roughly $174,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
USDA Rural Development — 100% Financing+
ZIP code 93532 qualifies for USDA Rural Development financing — 100% financing with no down payment for income-eligible buyers. USDA loans offer below-market interest rates and reduced mortgage insurance premiums, making this one of the most affordable paths to homeownership in Lake Hughes. Check your household income eligibility at eligibility.sc.egov.usda.gov.
Local Market Stats
See Lake Hughes, CA 93532 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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