17244 Newmont Ave, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
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Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well above the $373,695 Fair Market Value by -12%. Featuring a Fair Condition Rating, the home offers a 600 sq. ft. family room addition and expansive lot size, though it requires cosmetic modernization. The property’s 31,797 sq. ft. lot and Desert Views provide significant upside for value-add renovations. This asset is best suited for Buy-and-Hold Investors or Contractors capable of navigating permit verification for the addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17244 Newmont Ave Subject | $420,000* List Price | 3 | 2 | 1,176 | $311 | - |
A 40976 177th E Sold | $349,880 | 3 | 2 | 1,139 | $307 | 0.5 mi |
B 40648 Fieldspring Sold | $360,026 | 3 | 2 | 1,025 | $351 | 0.7 mi |
C 40985 174th E Sold | $385,000 | 2 | 2 | 1,200 | $321 | 0.4 mi |
D 40596 Fieldspring Sold | $390,000 | 3 | 2 | 1,240 | $315 | 0.7 mi |
E 17360 Valeport Sold | $405,000 | 4 | 2 | 1,350 | $300 | 0.2 mi |
F 41038 171st E Pending | $395,000 List Price | 3 | 2 | 1,320 | $299 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the property is over 40 years old and retains many dated features including popcorn ceilings, older tile flooring, and a kitchen with basic white cabinetry and laminate countertops. While the home appears functional and move-in ready, it requires significant cosmetic updates and modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 31797, living area = 1176.
The property sits on an expansive 31,797 sq. ft. lot with RV access, offering exceptional outdoor space and versatility for storage, animals, or future improvements.
A large 600 sq. ft. family room addition significantly expands the functional footprint beyond the original square footage, providing ample room for entertaining.
The 600 sq. ft. addition requires buyer verification of permits; unpermitted square footage can complicate financing and impact future resale value.
Built in 1979, the home may require updates to major systems or cosmetic renovations to meet modern standards and energy efficiency.
Spacious 3-bedroom, 2-bath home featuring an open floor plan, RV access, and a large approximately 600 sq. ft. family room addition — perfect for entertaining or extra living space. Buyer’s agent and buyer to verify all permits and square footage with the city.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,176 | 1,634.5 | 10% |
| Lot Size | 31,797 | 7,071 | 91% |
| Price | $420.0K | $443.8K | 40% |
| Price per sq ft | $357 | $264 | 95% |
| Built year | 1979 | 1987 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 169 | 1% |
Jun 9, 2026
$420,000
$399,000
+5% Price Increase
Initial Listing
Jun 7, 2026
$399,000
$420,000
-5% Price Drop
Initial Listing
May 13, 2026
$420,000
Initial Listing
Apr 24, 2017
$163,000
Public Record
Oct 11, 2002
$121,000
Public Record
Oct 11, 2002
$121,000
Public Record