1138 Encantadora Lane, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
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Lancaster, California 93535
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $501,000—positioned well above the $437,244 Fair Market Value by -14%. While the property requires a premium, its Fair Condition Rating and 8,137 sqft lot offer significant value-add potential through cosmetic updates. Featuring a covered patio and modern kitchen upgrades, the home provides a functional layout for long-term utility. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants looking to personalize a well-structured property in Lancaster.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1138 Encantadora Lane Subject | $501,000* List Price | 4 | 3 | 2,010 | $218 | - |
A 43619 Emile Zola Street Sold | $465,000 | 4 | 2 | 2,046 | $227 | 0.3 mi |
B 43646 Rembrandt Street Sold | $500,000 | 4 | 2 | 2,076 | $241 | 0.1 mi |
C 44200 Gillan Avenue Sold | $495,000 | 4 | 3 | 1,780 | $278 | 0.7 mi |
D 1820 E Avenue J 10 Sold | $505,000 | 4 | 3 | 1,841 | $274 | 0.8 mi |
E 43637 Rembrandt Sold | $424,900 | 5 | 3 | 2,393 | $178 | 0.1 mi |
F 1806 E Mesa Drive Sold | $470,000 | 4 | 3 | 2,244 | $209 | 0.9 mi |
G 1518 E Avenue J12 Active | $604,999 List Price | 4 | 3 | 2,005 | $302 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (34 years old), the property falls into the 'Fair' category as it is over 20 years old with only partial updates. While the kitchen features newer stainless steel appliances and updated flooring, the tile countertops and bathroom fixtures are dated and original to the home's construction, suggesting a need for minor cosmetic modernizing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8137, living area = 2010.
The kitchen features contemporary stainless steel appliances and a stylish accent backsplash, providing an updated aesthetic and immediate functionality for the new owner.
With 4 bedrooms, 3 bathrooms, and over 2,000 square feet of living space, the home offers a highly functional and generous floor plan suitable for growing families.
Built in 1990, the home is over 30 years old and may require upcoming capital expenditures for major systems like the roof or HVAC if they have not been recently updated.
The listing indicates no specific scenic views, which may be a disadvantage for buyers prioritizing a picturesque or elevated setting in the Lancaster area.
Experience 1138 Encantadora Ln, a residence designed for everyday practicality and comfort. A comforting fireplace anchors the interior, where the kitchen is equipped with stainless steel appliances and an accent backsplash. The primary bathroom includes double sinks, and exterior living extends to a covered patio and fenced in backyard. This home perfectly blends functional style and comfort.. Included 100-Day Home Warranty with buyer activation
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,010 | 1,625 | 72% |
| Lot Size | 8,137 | 7,075.5 | 73% |
| Price | $501.0K | $440.0K | 81% |
| Price per sq ft | $249 | $264 | 41% |
| Built year | 1990 | 1987 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 3 | 173 | 0% |
Jun 3, 2026
$501,000
Initial Listing
Oct 30, 1998
$95,000
Public Record