15142 Lanfair, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 1 bath

15142 Lanfair, Lancaster, California 93535 home-pic-0

15142 Lanfair

Lancaster, California 93535

ACTIVE
CONDITION: FAIR
2Beds
1Baths
912Sq Ft
39,461Lot Size

Property Price

LIST PRICE$329,950
EST. MARKET VALUE
$306,829
7% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$306,829
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
15142 Lanfair
Subject
$329,950*
List Price
21912$336-
A
15845 Mossdale
Sold
$380,000321,259$3020.8 mi
B
40964 156th E
Sold
$365,000321,134$3220.8 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is well-maintained and move-in ready with significant updates to major systems, including a roof under 8 years old and HVAC/water heater under 10 years old. However, based on the provided criteria, it falls into the 'fair' category because it was built in 1986 (over 20 years ago) and the interior—specifically the kitchen and bathrooms—retains an outdated style with older cabinetry and fixtures. While functional and clean, the home has not undergone a full recent renovation to meet modern aesthetic standards.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39461, living area = 912.

  • Expansive Lot with Versatility

    The property sits on a nearly one-acre lot (0.91 acres) featuring RV access and a fully fenced yard, providing ample space for future expansion, ADU potential, or extensive outdoor storage.

  • Updated Major Systems

    With a roof less than 8 years old and the A/C and water heater both under 10 years old, the home offers significant value and reduced immediate capital expenditure for the buyer.

CONSRISKS & DEFICIENCIES

  • Limited Interior Square Footage

    At just 912 square feet, the home's compact footprint may be a constraint for growing families or buyers requiring more substantial indoor living space.

  • Rural Commute Distance

    The property's location approximately 25 minutes from Palmdale may be a drawback for those seeking immediate proximity to major urban employment centers and high-density amenities.

About 15142 Lanfair

Welcome to this cute and cozy 2-bedroom, 2-bath home offering 912 sq ft of living space on an impressive 0.91-acre lot, a rare opportunity with room to grow. Perfect as a starter home, downsizer, or for anyone seeking space and privacy without sacrificing accessibility. The property features RV access, a brick retaining wall, and a fully chain-link fenced backyard, along with a gated front yard for added security and peace of mind. The expansive lot offers endless possibilities for outdoor enjoyment, storage, or future expansion. Major systems have already been maintained, including a roof less than 8 years old, and A/C and water heater both under 10 years old, providing added value and confidence for the next owner. Conveniently located approximately 25 minutes from Palmdale and close to family-owned shops and local amenities, this home offers the perfect blend of rural charm and everyday convenience. A unique opportunity with land, upgrades, and versatility.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1986
Lot Size
39,461 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.04.0
3%
Baths1.02.0
5%
Square foot9121,633.5
2%
Lot Size39,4617,081.5
93%
Price$329.9K$440.0K
7%
Price per sq ft$362$266
94%
Built year19861988
44%
HOA$0$0
50%
Days on market11178
1%

Pricing History

Listed for Sale

Feb 23, 2026

$329,950

Initial Listing

Sold

Aug 31, 2021

$252,000

Public Record

Sold

Apr 15, 2009

$40,000

Public Record

Sold

Dec 6, 2004

$160,000

Public Record

Sold

Oct 2, 2002

$77,500

Public Record

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