
Lancaster, California 93535
This Spacious Two-Story Residence is a Prime Investment Opportunity, listed at $478,800—positioned well below the $497,089 Fair Market Value by 3%. This valuation gap provides $18,289 in Instant Equity for the incoming buyer. Maintaining a Good Condition Rating, the home features a versatile layout with a downstairs bedroom and full bath, an expansive loft, and mountain views. With infrastructure upgrades like a water softener and reverse osmosis system, it balances immediate comfort with long-term value. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, high-square-footage asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2822 Emerald Subject | $478,800* List Price | 4 | 3 | 2,548 | $195 | - |
A 2158 Cypress Sold | $470,000 | 4 | 3 | 2,310 | $203 | 0.7 mi |
B 2745 Garnet Sold | $460,000 | 4 | 3 | 2,843 | $162 | 0.2 mi |
C 2252 Cypress Sold | $540,000 | 4 | 3 | 2,937 | $184 | 0.6 mi |
D 44267 Stadium Court Sold | $545,000 | 5 | 3 | 2,556 | $213 | 0.6 mi |
E 2756 Garnet Lane Sold | $500,000 | 3 | 3 | 2,548 | $196 | 0.2 mi |
F 3116 Peaceful Way Pending | $485,000 List Price | 4 | 3 | 2,441 | $199 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property is move-in ready and falls within the 10-20 year age bracket for a 'good' rating. The kitchen and bathrooms feature original builder-grade finishes, including oak cabinetry and white tile countertops, which are well-maintained despite being stylistically dated. The home shows pride of ownership with clean interiors, functional appliances, and proactive maintenance of systems like the water heater and filtration units.
Priced significantly below market value at approximately $188 per square foot, this property offers a rare investment opportunity or affordable entry for buyers seeking maximum square footage for their budget.
The layout features a highly desirable downstairs bedroom and full bathroom, complemented by a spacious upstairs loft, making it ideal for multi-generational living or flexible home office needs.
Built in 2006, the home includes valuable mechanical upgrades such as a water softener, reverse osmosis system, and a newer water heater, providing added efficiency and peace of mind for the next owner.
Located in the 93535 zip code of Lancaster, the property may involve a significant commute for professionals working in major Los Angeles employment hubs, potentially limiting its appeal to local buyers.
The aggressive pricing strategy intended for a 'quick sale' is likely to trigger intense competition and multiple-offer scenarios, which may drive the final closing price closer to market value.
Welcome to 2822 Emerald Ln, Lancaster, CA 93535 Discover this spacious and well-maintained home built in 2006, offering exceptional value for its size—making it the perfect opportunity for a first-time homebuyer or savvy investor looking for one of the best-priced homes per square foot in the area. As you arrive, you’re welcomed by a beautifully landscaped front yard with lush vegetation, creating strong curb appeal and a warm, inviting first impression. Inside, the thoughtfully designed floor plan features a highly desirable downstairs bedroom and full bathroom, ideal for guests, extended family, or multi-generational living. Upstairs, enjoy a versatile loft space—perfect for a game room, home theater, office, or additional living area tailored to your lifestyle. This home also includes valuable upgrades such as a water softener system, reverse osmosis system, and a newer water heater, providing added comfort, efficiency, and peace of mind for the next owner. Priced well below market for a quick sale, this is a rare opportunity to secure a large home with strong value and upside potential. Don’t miss your chance to own one of the best-value homes in the area—schedule your showing today.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,548 | 1,622 | 88% |
| Lot Size | 7,193 | 7,088 | 54% |
| Price | $478.8K | $440.0K | 71% |
| Price per sq ft | $188 | $265 | 11% |
| Built year | 2006 | 1988 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 181 | 0% |
Apr 7, 2026
$478,800
Initial Listing