42135 San Francisquito Canyon Rd
Lake Hughes, CA, 93532
$849,999
MLS: SR26073997
Beds
2
Baths
1
Sq Ft
832
Lot
10.40 ac
Year Built
2004
MLS #
SR26073997
Days on Market
3
Listed
Apr 6, 2026
Description
Exceptional 10+ Acre Equestrian Estate Near Lake Elizabeth. Nestled in the scenic Sierra Pelona Mountains foothills of northern Los Angeles County, this rare 10+ acre equestrian estate perfectly blends comfortable country living, premier horse facilities, and breathtaking natural surroundings. The property includes a main two-story residence with the second story fully finished and ready to move in, while the first floor consists of a spacious garage that is already framed and ready to be easily converted into additional lower-level living space. This conversion would add valuable square footage to the home. Drywall, insulation, fire sprinklers, electrical, windows, and cabinets are already in place throughout the structure--plus a spacious 5,500 sq ft metal barn and a 2,200 sq ft additional metal building with a small guest house (not permitted). Designed for serious equestrians and recreational riders alike, the estate features outstanding horse facilities: • Custom 5,500 sq ft barn with 12 horse stalls featuring automatic waters and washing stations, plus a laundry room, bathroom, tack room, office, sewing room, and attached covered patio. • Multiple riding arenas, corrals, mare motel, and electric hot walker. • Abundant hose bibs throughout the horse areas, two electric gates, a large feeding shed, and various outbuildings. • Excellent pull-through capability for large vehicles and trailers across the entire property. Water security is outstanding with two wells and 23,000 gallons of storage capacity. The property also enjoys panoramic views of the surrounding hills and Lake Elizabeth area, plus direct access to private forestry trails right behind the estate and a short hike to the renowned Pacific Crest Trail. This peaceful, private setting delivers turnkey equestrian capabilities with room to expand, all while remaining conveniently close to the greater Los Angeles area. A truly unique opportunity in the Lake Elizabeth / Lake Hughes region.
Location
Lake Hughes, Los Angeles County, CA 93532
Open on Google Maps ↗Listed by: John Sweet · HomeBased Realty
Payment estimate
$6,204
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $85,000 · Loan: $764,999
- Principal & Interest
- $4,700
- Property tax (1.25%)
- $885
- Homeowners insurance
- $300
- Mortgage insurance
- $319
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 $29,750 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.
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Local Market Stats
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