15842 Greenrock Avenue, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 2 bath
15842 Greenrock Avenue
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 15842 Greenrock Avenue, Lancaster, California 93535 reveals a property with a current list price of $370,000, which is 3% above the estimated $358,727 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15842 Greenrock Avenue Subject | $370,000* List Price | 4 | 2 | 1,300 | $276 | - |
A 15845 Mossdale Sold | $380,000 | 3 | 2 | 1,259 | $302 | 0.2 mi |
B 41043 Fieldspring Street Sold | $409,900 | 4 | 2 | 1,300 | $315 | 0.8 mi |
C 40964 156th E Sold | $365,000 | 3 | 2 | 1,134 | $322 | 0.4 mi |
D 15805 Newmont Avenue Sold | $395,000 | 4 | 2 | 1,300 | $304 | 0.7 mi |
E 16173 Newmont Pending | $399,900 List Price | 3 | 2 | 1,402 | $285 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this property is in fair condition, showing signs of its age with original-style oak cabinetry, laminate countertops, and dated white appliances in the kitchen. While the listing notes a newer roof and functioning HVAC, the interior requires cosmetic 'TLC' and modernization. The flooring has been partially updated, but the bathrooms and overall fixtures remain dated, fitting the criteria for a home over 20 years old that has been maintained but not extensively renovated.
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 = 40691, living area = 1300.
- Expansive Lot Size
The nearly one-acre lot (.93 acres) provides exceptional privacy and versatility, offering ample space for outdoor entertaining, gardening, animals, or potential future structures.
- Key Infrastructure Upgrades
The property includes a newer roof and a functioning HVAC system, addressing two of the most significant capital expenditures for a home of this age.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The property is noted to require 'TLC,' which may deter buyers seeking a move-in-ready experience and will require immediate additional investment for repairs.
- Compact Interior Layout
At 1,300 square feet for a four-bedroom residence, the individual room sizes or common living areas may feel somewhat constrained for larger families.
About 15842 Greenrock Avenue
Quiet ranch style living on nearly an acre in East Lancaster. Situated on an expansive .93-acre lot, this property offers a rare opportunity to enjoy space, privacy, and a peaceful residential setting. The home features a functional, light filled floor plan with comfortable living areas and well sized bedrooms. The property does require some TLC, presenting an excellent opportunity for customization and value add, while important improvements are already in place, including a newer roof and a functioning HVAC system. The oversized backyard is a standout feature, offering ample space for outdoor entertaining, gardening, animals, or future improvements, subject to buyer verification. Conveniently located near schools, shopping, and commuter routes, this home combines a quiet, ranch style lifestyle with everyday accessibility. Ideal for owner occupants or investors seeking space and potential in East Lancaster.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 40,691 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,633.5 | 22% |
| Lot Size | 40,691 | 7,081.5 | 95% |
| Price | $370.0K | $440.0K | 13% |
| Price per sq ft | $285 | $266 | 62% |
| Built year | 1985 | 1988 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 178 | 1% |
Pricing History
Listed for Sale
Jan 28, 2026
$370,000
Initial Listing
Sold
Apr 7, 2017
$168,000
Public Record
Sold
Sep 3, 2008
$58,000
Public Record
Sold
Jun 1, 2006
$275,000
Public Record
Sold
Dec 2, 1999
$69,500
Public Record
Sold
Nov 3, 1999
$40,500
Public Record
Sold
May 14, 1999
$70,937
Public Record
Sold
May 9, 1997
$66,500
Public Record