16622 Mossdale, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
16622 Mossdale
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 16622 Mossdale, Lancaster, California 93535 reveals a Prime Investment Opportunity with a current list price of $395,000—significantly undercutting the $469,236 Fair Market Value by 18%. This valuation gap indicates a +$74,236 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1985, this home has undergone significant updates to its key areas. The kitchen features custom cabinets, granite countertops, and stainless-steel appliances, making it modern and move-in ready. Both bathrooms have updated vanities, sinks, and LVP flooring. The main living areas also benefit from modern LVP flooring. The property includes central heat and AC, and a solar panel system, enhancing its appeal and efficiency. While some elements like the kitchen's fluorescent light fixture and basic bathroom lighting are not top-tier, the overall condition of the updated spaces is very good, requiring no immediate renovations. The age of the property (39 years) suggests that while major systems like the roof or plumbing might be older, the visible and functional updates align well with the 'Good' condition criteria.
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 = 31867, living area = 1884.
- Expansive Lot Size
The property boasts a very large 31,851 sqft (0.73 acre) lot, offering significant outdoor space, privacy, and potential for various uses or future expansion.
- Solar Panel System
Equipped with a solar panel system, the home provides energy efficiency, reduces utility costs, and appeals to environmentally conscious buyers.
CONSRISKS & DEFICIENCIES
- Recent Significant Price Drop
The property was sold for $450,000 in March 2024 and is now listed at $395,000, a substantial price reduction that may raise buyer questions about its true market value or condition.
- Age of Property
Built in 1985, the home is nearly 40 years old. While the kitchen is updated, other major systems (e.g., roof, plumbing, electrical) may be original or nearing the end of their useful life, potentially incurring future maintenance costs.
- Limited Information on Other Updates
While the kitchen is highlighted, the description lacks details on updates to bathrooms, flooring, or other key areas, suggesting that parts of the home may still reflect its original 1985 build and could require further modernization.
About 16622 Mossdale
Welcome to this spacious 31,851 sqft lot home! This home offers 3 bedrooms, 2 bathrooms with 2 additional rooms. The interior includes custom kitchen cabinets, granite countertops, & stainless-steel appliances. The property has central heat & ac, with RV parking. Enjoy the benefits of a solar panel system. BIG LOT!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 31,867 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 4.0 | 41% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,884 | 1,639.5 | 68% |
| Lot Size | 31,867 | 7,081.5 | 90% |
| Price | $395.0K | $440.0K | 23% |
| Price per sq ft | $210 | $265 | 17% |
| Built year | 1985 | 1988 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 104 | 178 | 16% |
Pricing History
Listed for Sale
Nov 22, 2025
$395,000
Initial Listing
Sold
Mar 18, 2024
$450,000
Public Record
Sold
Aug 25, 2023
$300,000
Public Record
Sold
May 1, 2013
$95,000
Public Record
Sold
Jun 19, 2012
$60,000
Public Record
Sold
Nov 21, 2003
$165,000
Public Record