42530 Ranch Club
Lake Elizabeth, CA, 93532
$99,990
MLS: RS25252060
Beds
1
Baths
1
Sq Ft
540
Lot
0.17 ac
Year Built
2022
MLS #
RS25252060
Days on Market
79
Listed
Nov 9, 2025
Description
Charming Studio Retreat with Mountain Views Near Lake Elizabeth – A Diamond in the Rough! Discover the potential in this peaceful Lake Elizabeth getaway! This cozy studio property offers stunning mountain views and a tranquil setting surrounded by open landscapes, ranches, and wide California skies. Just minutes from beautiful Lake Elizabeth, this home is perfect for those seeking serenity, outdoor recreation, or a rustic escape from the city. While the property needs some finishing touches, it’s a true diamond in the rough ready for a visionary buyer to make it shine. Imagine crafting your ideal retreat, artist’s studio, or weekend hideaway in this picturesque high desert community. Enjoy fresh air, starry nights, and room to roam, all while being conveniently close to Palmdale, Santa Clarita, and major commuter routes. Whether you’re looking for a starter home, investment project, or peaceful country escape, this Lake Elizabeth gem is brimming with opportunity and charm. Available for interior inspection after 11-21-25. The MLS numbers for the associated properties are RS25251076 and RS25254860
Location
Lake Elizabeth, Los Angeles County, CA 93532
Open on Google Maps ↗Listed by: Mark Henry · First Team Real Estate - Cerritos
Payment estimate
$995
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $9,999 · Loan: $89,991
- Principal & Interest
- $553
- Property tax (1.25%)
- $104
- Homeowners insurance
- $300
- Mortgage insurance
- $37
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 Elizabeth home with as little as 3.5% down using an FHA loan — roughly $3,500 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 Elizabeth. 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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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