31008 Pine Canyon Road, Lake Hughes, California 93532, Lake Hughes, 93532 - 12 bed, 10 bath

31008 Pine Canyon Road, Lake Hughes, California 93532 home-pic-0
ACTIVE$5,750,000
31008 Pine Canyon Road, Lake Hughes, California 93532
12Beds
10Baths
11,100Sqft
14,538,585Lot
Year Built
1922
Close
-
List price
$5.75M
Original List price
$8.3M
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
24375535
Home ConditionFair
Features
Excellent View: Hills, Mountain(s), Valley, Trees/Woods
Patio
ViewHills, Mountain(s), Valley, Trees/Woods

About this home

We found 3 Cons,5 Pros. Rank: price - $5.75M(95th), sqft - 11100(95th), beds - 12(95th), baths - 10(95th).

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. 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, 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 chicken coop, a round pen and an old 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).

Price History

Date
Event
Price
10/09/25
Price Change
$5,750,000
04/02/24
Listing
$8,300,000
Condition Rating
Fair

This historic property, with a main hacienda dating to 1883 and a listed build year of 1922, presents a 'rich vintage ranch esthetic.' While charming and seemingly well-maintained for its age, the visible interiors (living room, dining room, bedroom) feature dated elements such as terracotta tile, rustic stone fireplaces, traditional light fixtures, and worn carpets. Crucially, there are no images of the kitchen or bathrooms, which are primary indicators of a property's condition. Given the overall age and style, it is highly probable that these key areas are significantly outdated and would require substantial modernization to meet current standards and buyer expectations. The description also notes that some outdoor amenities (race track, round pen, roping arena) are 'currently needing new footing and fencing,' indicating deferred maintenance. The property is functional and livable, but its components are aged and show signs of being outdated, aligning with the 'Fair' condition criteria, suggesting it requires minor updates or repairs, particularly in the kitchen and bathrooms.
Pros & Cons

Pros

Expansive Acreage & Privacy: Spanning 333 acres, the property offers unparalleled privacy and a vast natural environment, bordered by the Angeles National Forest and Tejon Ranch, yet conveniently located an hour from Los Angeles.
Historical Significance & Architectural Charm: Steeped in history, the ranch has hosted Hollywood legends, with the 1883 main hacienda featuring Batchelder tile, a romantic courtyard, and other architectural treasures, reflecting a rich vintage aesthetic.
Extensive Residential Capacity: The property includes a 4200 sq. ft. main hacienda, four guest homes, and five additional cottage/bungalows, offering significant accommodation potential for family, staff, or rental income.
Diverse Recreational Amenities: A wide array of amenities such as a swimming hole, extensive dirt roads and trails, an orchard, a shooting range, and equestrian facilities (17-stall barn, round pen, roping arena) provide abundant recreational opportunities.
Rare Investment Opportunity: Described as a property rarely gracing the market and held for generations, it represents a unique opportunity to acquire a significant piece of California history with substantial land and infrastructure.

Cons

Deferred Maintenance on Equestrian Facilities: Key equestrian amenities, including the furlong race track, round pen, and roping arena, are explicitly noted as needing new footing and fencing, indicating immediate capital expenditure for full functionality.
Extensive Buyer Due Diligence Required: The listing explicitly states that the buyer must verify all zoning, permits, square footage, acreage, and land uses, suggesting potential complexities or uncertainties that could impact future development or use.
High Operational & Maintenance Burden: Given its 333-acre scale, multiple historic residences, and extensive facilities, the property will likely incur substantial ongoing operational costs and require significant maintenance efforts.

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