$459,000
42873 Montello
Lake Elizabeth, CA
3bed3bath1,746sqft
Lake Elizabeth
Lake Elizabeth Real Estate
Browse homes for sale in Lake Elizabeth • Median $34,000
$34,000Median Price
30Avg Days on Market
18Land1Detached
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Homes for Sale in Lake Elizabeth
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Showing 12 of 19 listings
About Lake Elizabeth Real Estate
Lake Elizabeth, a quaint city nestled in the Antelope Valley region of Southern California, boasts a rich history shaped by its natural beauty and tight-knit community. Originally developed as a recreational area for Los Angeles residents seeking a peaceful retreat, this city has retained its charming character over the decades. With its picturesque lake at the center, Lake Elizabeth is surrounded by rolling hills and scenic landscapes, making it a unique haven for nature lovers and outdoor enthusiasts. The area is known for its tranquil ambiance, which contrasts sharply with the hustle and bustle of nearby metropolitan areas.
The city is primarily residential, with a mix of vacant land and a handful of detached homes, providing plenty of opportunities for buyers looking to build their dream home or invest in property. The local community is characterized by friendly neighbors and a welcoming atmosphere, making it an ideal place for families and retirees alike. The scarcity of active listings—only 16 properties currently available—indicates a competitive market that appeals to those looking for a serene lifestyle away from urban chaos.
What truly makes Lake Elizabeth special is its strong sense of community and commitment to preserving its natural surroundings. Regular community events, such as outdoor movie nights and seasonal celebrations, foster connections among residents and create a vibrant social fabric. The city's unpretentious charm, combined with its unique geography, makes it a desirable location for those seeking a slower-paced life amidst nature's beauty.
16 active listings with a median price of $31,750.
Lifestyle & Community
Living in Lake Elizabeth offers a peaceful and laid-back lifestyle, where residents can enjoy the soothing sounds of nature and a close-knit community spirit. The local culture emphasizes outdoor activities, with plenty of opportunities for hiking, fishing, and enjoying the picturesque lake. Community events throughout the year help bring neighbors together, enhancing the sense of belonging. The vibe here is relaxed, making it an ideal escape for those looking to unwind while still being conveniently located near larger urban centers.
Local Amenities
- Lake Elizabeth Park
- Public boat launch
- Picnic areas
- Walking trails
- Local convenience stores
- Community center
- Nearby schools
- Access to outdoor recreational activities
- Public restrooms
- Peaceful residential neighborhoods
- Minimal traffic congestion
Points of Interest
- Lake Elizabeth
- Elizabeth Lake
- Antelope Valley California Poppy Reserve
- Los Padres National Forest
- Nearby hiking trails
- Local wildlife viewing
- Poppy Festival (in nearby communities)
- Historic Route 138
- Tehachapi Mountains
- Nearby wineries and vineyards
Market Overview
The current real estate market in Lake Elizabeth is characterized by limited active listings, with only 16 properties available. The median listing price of $31,750 indicates a very affordable market, especially for land purchases. However, the average days on market at 213 suggests that buyers should be prepared for a longer buying process. Given the unique appeal of the area, potential buyers may find that patience is rewarded in a market where properties are few and far between.
Investment Outlook
Investment opportunities in Lake Elizabeth are promising, especially for those interested in purchasing land. With a current mix of 14 land listings and 2 detached homes, investors can take advantage of the affordable entry point. The area's ongoing development trends suggest an increasing interest in residential properties, making it an attractive option for long-term investment or rental opportunities. The serene environment also appeals to those seeking vacation homes, adding to its investment allure.
Ideal For
Lake Elizabeth is ideal for first-time buyers looking for affordable land, families wanting a serene environment to raise children, and retirees seeking a peaceful lifestyle. Investors interested in properties with growth potential will also find this area appealing due to its unique market characteristics.
Nearby Cities
Living in Lake Elizabeth
Lifestyle
Living in Lake Elizabeth offers a peaceful and laid-back lifestyle, where residents can enjoy the soothing sounds of nature and a close-knit community spirit. The local culture emphasizes outdoor activities, with plenty of opportunities for hiking, fishing, and enjoying the picturesque lake. Community events throughout the year help bring neighbors together, enhancing the sense of belonging. The vibe here is relaxed, making it an ideal escape for those looking to unwind while still being conveniently located near larger urban centers.
Local Amenities
Lake Elizabeth ParkPublic boat launchPicnic areasWalking trailsLocal convenience storesCommunity centerNearby schoolsAccess to outdoor recreational activitiesPublic restroomsPeaceful residential neighborhoodsMinimal traffic congestion
Market Insights
The current real estate market in Lake Elizabeth is characterized by limited active listings, with only 16 properties available. The median listing price of $31,750 indicates a very affordable market, especially for land purchases. However, the average days on market at 213 suggests that buyers should be prepared for a longer buying process. Given the unique appeal of the area, potential buyers may find that patience is rewarded in a market where properties are few and far between.
Investment Potential
Investment opportunities in Lake Elizabeth are promising, especially for those interested in purchasing land. With a current mix of 14 land listings and 2 detached homes, investors can take advantage of the affordable entry point. The area's ongoing development trends suggest an increasing interest in residential properties, making it an attractive option for long-term investment or rental opportunities. The serene environment also appeals to those seeking vacation homes, adding to its investment allure.
Written with AI assistance using live MLS data, reviewed by our team.
Market Snapshot
Inventory
High Inventory
Days on Market
Selling Slower
Price Distribution
$0 – $200K
16
$400K – $600K
1
$1.5M – $2.0M
1
Explore More in Lake Elizabeth
Lake Elizabeth Market ReportPrices, trends & analysisCost of Living in Lake ElizabethHousing, rent & expensesSold Properties in Lake ElizabethRecent sales & closing pricesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Lake ElizabethSchools & ratings nearbyTransit in Lake ElizabethStops & stations nearbyParks in Lake ElizabethParks & recreation nearby
Frequently Asked Questions About Lake Elizabeth
How many homes are for sale in Lake Elizabeth?
There are currently 19 active residential listings in Lake Elizabeth. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from the MLS.
What is the median home price in Lake Elizabeth?
The median list price for homes in Lake Elizabeth is $34,000. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Lake Elizabeth?
Properties available in Lake Elizabeth include Land (18), Detached (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Lake Elizabeth?
Homes in Lake Elizabeth spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Lake Elizabeth?
Listings on this page are updated multiple times per day directly from the MLS. New listings typically appear within minutes of being added to the MLS.
Are there neighbourhood-level listings for Lake Elizabeth?
Yes. You can browse homes in specific neighbourhoods within Lake Elizabeth using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.