15235 Newmont, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 2 bath
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Lancaster, California 93535
This Spacious Ranch-Style Residence is a Prime Investment Opportunity, listed at $409,000—positioned well below the $429,441 Fair Market Value by 4%. This valuation gap provides $20,441 in Instant Equity. The home maintains a Condition Rating of 3, featuring an updated kitchen with stone countertops and a versatile enclosed patio. Its standout feature is the massive 39,662 sqft lot, offering rare utility for horse owners within the Lancaster School District. This property is an ideal acquisition for Owner-Occupants seeking space or Buy-and-Hold Investors targeting long-term land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15235 Newmont Subject | $409,000* List Price | 4 | 2 | 1,490 | $288 | - |
A 16173 Newmont Sold | $399,900 | 3 | 2 | 1,402 | $285 | 0.9 mi |
B 15805 Newmont Avenue Sold | $395,000 | 4 | 2 | 1,300 | $304 | 0.5 mi |
C 15854 Mossdale Avenue Sold | $417,000 | 3 | 2 | 1,524 | $274 | 0.7 mi |
D 15845 Mossdale Sold | $380,000 | 3 | 2 | 1,259 | $302 | 0.7 mi |
E 40635 159th E Active | $399,000 List Price | 4 | 2 | 1,400 | $285 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with several modern updates. While built in 1986, the kitchen has been updated with stone countertops and stainless steel appliances, and the bathrooms feature newer tile work and a jetted tub. The home includes functional systems like central A/C and solar panels, though some dated elements like popcorn ceilings and fluorescent light fixtures remain.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39662, living area = 1490.
The property features a massive 39,662 sqft lot, offering nearly an acre of land that is ideal for horse owners or those seeking significant outdoor privacy and utility.
The inclusion of a large enclosed patio provides valuable flexible space that can serve as a game room, home office, or an additional bedroom to suit various lifestyle needs.
Constructed in 1986, the interior may require cosmetic upgrades and modern finishes to compete with newer residential developments in the area.
Situated in the 93535 zip code of Lancaster, the location may be considered remote for buyers who need frequent access to the Greater Los Angeles employment centers.
Welcome to your new home, located in a quiet and peaceful neighborhood. If you’re looking for a spacious property, this home offers 4 bedrooms and 2 bathrooms, along with central A/C and heating. Tile flooring runs throughout the main areas of the house, while the bedrooms feature comfortable carpeting. The kitchen is generously sized, and the living room provides plenty of space for family gatherings. An enclosed patio offers versatility and can be used as a game room or even an additional bedroom. The large backyard sits on an expansive lot, perfect for those with horses or anyone who enjoys extra outdoor space. Come see this wonderful place to call home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,490 | 1,605 | 38% |
| Lot Size | 39,662 | 7,088 | 92% |
| Price | $409.0K | $440.0K | 32% |
| Price per sq ft | $274 | $266 | 57% |
| Built year | 1986 | 1988 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 182 | 0% |
Apr 10, 2026
$409,000
Initial Listing
Apr 2, 2003
$118,000
Public Record
Aug 24, 1999
$46,500
Public Record