
Lake Hughes, California 93532
Analysis of 31008 Pine Canyon Road, Lake Hughes, California 93532 is currently available with a list price of $4,995,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lake Hughes Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
This historic ranch, with a main hacienda dating back to 1883, is well-maintained but reflects a 'vintage ranch' aesthetic that is significantly aged. While it features unique architectural treasures like Batchelder tile and heavy wood doors, the overall condition is categorized as fair because the systems and finishes—including flooring, windows, and carpets—are outdated and show signs of wear consistent with their age. Additionally, the listing explicitly mentions that several major exterior components, such as the furlong race track and roping arena, require substantial repairs like new footing and fencing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14538585, living area = 11100.
Known as Rancho Corona Del Valle, this 1883 estate boasts a rich Hollywood history and unique architectural treasures like Batchelder tile and vintage ranch aesthetics.
Spanning 333 acres and bordering the Angeles National Forest, the property features 10 residential structures, offering unparalleled privacy and multi-generational living potential.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14538585, other record lot size in square feet = 6356557. Living area discrepancy between mls listing and other public or private record. mls listing living area = 11100, other record living area = 7114. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 12, other record bedroom count = 7.
Several key equestrian features, including the furlong race track and roping arena, currently require new fencing and footing to be fully functional.
Managing a century-old estate with 10 separate dwellings and private utility systems like wells and holding tanks presents high ongoing maintenance demands and costs.
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).
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 12.0 | 3.0 | 94% |
| Baths | 10.0 | 2.0 | 94% |
| Square foot | 11,100 | 1,292.5 | 94% |
| Lot Size | 14,538,585 | 7,675.5 | 94% |
| Price | $5.00M | $429.5K | 94% |
| Price per sq ft | $450 | $319 | 89% |
| Built year | 1922 | 1983 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 168 | 6% |
Apr 1, 2026
$4,995,000
Initial Listing