An actuator includes a first housing, a second housing fixed to the first housing, and a piston configured to translate relative to each of the first housing and the second housing. The actuator also includes a locking device configured to selectively restrain the piston in a predetermined position relative to each of the first housing and the second housing and release the piston. The actuator additionally includes an actuation mechanism configured to activate the locking device to thereby restrain the piston in the predetermined position. Also disclosed is a suspension system for a vehicle employing such an actuator at a suspension corner, wherein the actuator is used to set a ride height of the vehicle at the suspension corner.