For Sale
$5,985,000

CA-2 Mile Marker Ln 50.93 Palmdale, CA 91011

10-Acre Mountain Property, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
Newcomb's Ranch, a legendary 10.17-acre property in the Angeles National Forest (Los Angeles County, CA), presents a unique investment opportunity. This fee-simple ownership includes two buildings totaling 10,026 square feet on a 5,340-foot elevation site. Built in 1939, the property boasts a rich history as a roadhouse, restaurant, hotel, and more, currently vacant. The permitted A-2-2 zoning allows for potential development into a boutique hotel or glamping destination. Located at CA-2 Mile Marker LA 50.93 (near La Cañada Flintridge, zip code 91011), it's a 45-minute drive from Pasadena. The property's prime location adjacent to exceptional hiking, camping, and mountain biking trails within the Angeles National Forest, coupled with its proximity to Mt. Waterman Ski Lifts (10-minute drive), makes it an attractive destination. Its popularity with motorcyclists and car enthusiasts, drawing thousands of visitors each weekend, is well documented. The $5,985,000 asking price translates to $596.95 per square foot. This is the only privately-owned property along the Angeles Crest Highway (CA-2), offering unparalleled development potential and a truly unique investment opportunity in a stunning mountain setting. The property's APN is 3066-011-033. The two buildings are two stories each.

Highlights

  • Historic 1939 roadhouse on ±10.17 acres, the only private property along Angeles Crest Highway (CA-2).
  • Popular destination for motorcyclists and car enthusiasts, hosting numerous automotive events.
  • ±10.17-acre parcel with development potential for boutique hotel or glamping.
  • Mountain setting 45 minutes from Pasadena, near Mt. Waterman Ski Lifts, offering scenic views and recreational opportunities.

Property Details for CA-2 Mile Marker Ln 50.93

Property type
Specialty properties, Retail properties
Square Feet
10,026 SF
Year Built
1939
Buildings
2
Stories
2
Lot Size (sq. ft)
443,005 SF

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.329823
Longitude
-118.002

FAQs

What type of property is this?
Specialty property - 10-Acre Mountain Property, Huge Potential
Where is the specialty property located?
The property is located at CA-2 Mile Marker Ln 50.93 Palmdale, CA.
What is the asking price?
The asking price for this property is $5,985,000.
What are key features of this property?
This property features: Historic 1939 roadhouse on ±10.17 acres, the only private property along Angeles Crest Highway (CA-2).; Popular destination for motorcyclists and car enthusiasts, hosting numerous automotive events.; ±10.17-acre parcel with development potential for boutique hotel or glamping.
How can I contact the broker?
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CA-2 Mile Marker Ln 50.93
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