Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCabin

42530 Ranch Club

Lake Elizabeth, CA, 93532

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$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

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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
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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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