8805 Elizabeth Lake Road
Leona Valley, CA, 93551
$650,000
MLS: 26006059
Beds
3
Baths
1
Sq Ft
1,430
Lot
0.81 ac
Year Built
1947
MLS #
26006059
Days on Market
8
Listed
Aug 4, 2026
Description
Rare opportunities like this don't come along often in downtown Leona Valley. Nestled on approximately 0.80 acres, this charming horse property offers the peaceful country lifestyle you've been looking for while enjoying the convenience of being just a short stroll from local restaurants, the market, post office, and other beloved downtown destinations. It's the perfect blend of small-town charm and everyday convenience. The true showpiece of this property is its extraordinary park-like backyard. Set beneath towering mature shade trees, the property unfolds across five distinct terraced levels, creating a landscape that is both beautiful and full of opportunity. Whether you envision horses, gardens, orchards, outdoor entertaining, recreational space, or simply a private retreat to enjoy nature, this unique layout offers endless possibilities. An existing outbuilding provides additional versatility and could serve as a workshop, storage building, or barn, with room for future expansion (buyer to verify). Inside, you'll find 3 spacious bedrooms and 1 bathroom, Pergo wood flooring throughout, a generous living room with a cozy pellet stove, a separate dining area, and an upgraded kitchen featuring modern countertops and abundant cabinet space. The oversized primary bedroom offers double closets and direct access to the bathroom, complete with a relaxing soaking tub. Additional improvements include a newer roof, newer copper plumbing and newer septic system, providing added peace of mind for years to come. A welcoming front porch, expansive front yard, and long gravel driveway create a warm first impression, while picturesque mountain views and mature landscaping complete the setting. With its prime downtown location, usable acreage, mature shade trees, and unique terraced landscape, this property offers exceptional flexibility for today's buyer. Whether you're dreaming of your first horse property, a private country retreat, space for an ADU, expanding the existing home, or even building a larger residence in the future (buyer to verify), this unique property offers endless possibilities to create the lifestyle you've been envisioning--a lifestyle that's becoming increasingly hard to find.
Location
Leona Valley, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: Ryan McCarty · LPT Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,992
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $65,000 · Loan: $585,000
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,771
- Property tax (1.25%)
- $677
- Homeowners insurance
- $300
- Mortgage insurance
- $244
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 Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale runs the gamut from the foothill estates of West Palmdale (93551) — Rancho Vista, Anaverde, and the desirable hill-side communities — to the value-priced newer construction of East Palmdale (93552). Central Palmdale (93550) covers the original part of the city and the Civic Center, and 93591 picks up the Llano border. Active listings across all four ZIPs are below. As a local Palmdale Realtor since 2005, Mike Watson knows how Rancho Vista, Anaverde, and the east-side tracts price out and which ZIP fits your budget. If you are evaluating homes in Leona Valley, Mike Watson lives and works the Palmdale market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Leona Valley home with as little as 3.5% down using an FHA loan — roughly $22,750 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.
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Local Market Stats
See Palmdale, CA 93551 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
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