34860 Lancaster, Lancaster, California 93536, Lancaster, 93536 - 5 bed, 6 bath

34860 Lancaster
Lancaster, California 93536
Property Price
SUMMARY
Analysis of 34860 Lancaster, Lancaster, California 93536 is currently available with a list price of $3,250,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1918, the property's age and the explicit mention of 'outdated infrastructure' and the need for 'substantial renovations to modernize systems and aesthetics' indicate a condition requiring significant rehabilitation. The lower level is also described as an 'opportunity for customization and completion,' suggesting a major unfinished area. While the exterior appears maintained and the roof is new/upcoming, the overall condition, especially for key areas like kitchens and bathrooms, likely requires extensive updates and repairs to meet modern standards, aligning with a 'Poor' rating.
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 = 3136320, living area = 5673.
- Expansive Land & Privacy
Over 72 acres across three parcels, offering unparalleled privacy, scale, and a rare opportunity for a secluded estate with significant development potential.
- Panoramic Lake & Mountain Views
Directly situated across from the mile-long Quail Lake, providing breathtaking, expansive lake and mountain views from nearly every vantage point.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3136320, other record lot size in square feet = 479076.
- Incomplete Lower Level
The lower level of the main residence is described as an 'opportunity for customization and completion,' indicating it requires significant investment and work to be fully functional or finished to a desired standard.
- Historic Property Maintenance
Built in 1918, the property's age suggests potential for ongoing maintenance challenges, outdated infrastructure, or the need for substantial renovations to modernize systems and aesthetics.
About 34860 Lancaster
Located directly across from the mile-long Quail Lake, this remarkable 72+ acre property (three parcels) offers expansive lake and mountain views from nearly every vantage point. The setting provides privacy, scale, and a rare opportunity in a highly desirable location. The main residence spans approximately 5,673 sq. ft. and includes 3 bedrooms and 5 bathrooms. The upper level features a galley kitchen, breakfast room, formal dining room, laundry room, and a generous living room with fireplace. The lower level offers a large family room, kitchen, breakfast room, bunkroom, and dual bathrooms, presenting an excellent opportunity for customization and completion. A separate pilot’s quarters with its own bathroom is also located on the lower level and is fully independent from the main living space. Additional features include an antique safe, guest house, garage, plenty of out door parking and a Carriage House that can hold up to 10 cars. Roof was replaced October 2025. With its acreage, views, and private setting, the property lends itself well to a variety of uses such as a private retreat, high-end wellness or rehabilitation facility, event venue, or bed and breakfast (buyer to verify zoning and permitted uses). A rare offering with exceptional land, views, and tremendous opportunity to add value
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1918
- Lot Size
- 3,136,320 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 6 (6 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 | 5.0 | 4.0 | 82% |
| Baths | 6.0 | 2.0 | 100% |
| Square foot | 5,673 | 2,074.5 | 100% |
| Lot Size | 3,136,320 | 9,560 | 99% |
| Price | $3.25M | $546.0K | 100% |
| Price per sq ft | $573 | $268 | 100% |
| Built year | 1918 | 1990 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 196 | 1% |
Pricing History
Listed for Sale
Jan 30, 2026
$3,250,000
Initial Listing
