
Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $689,000—positioned well above the $541,864 Fair Market Value by 27%. While the home features a 39,969 sqft lot and a three-car garage, the Condition Rating of 5 indicates a need for significant interior modernization. The expansive lot offers substantial upside for ADU development or equestrian use. This asset is best suited for Value-Add Investors or Contractors capable of executing a comprehensive renovation to align the property with modern market standards.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3735 Paula Subject | $689,000* List Price | 4 | 3 | 2,610 | $208 | - |
A 3807 Paula Lane Sold | $680,000 | 3 | 3 | 2,350 | $289 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1987, the property is 37 years old, placing it in the >30y category. While the exterior shows good curb appeal and recent paint, the lack of mentioned updates to the kitchen, bathrooms, and core systems (HVAC/Electric) suggests the interior is in original, outdated condition requiring significant rehabilitation to meet modern standards.
The property sits on a nearly one-acre flat lot (39,969 sqft), offering rare privacy and significant potential for ADUs, workshops, or equestrian facilities.
This custom ranch features unique architectural details, a classic brick walkway, and mature landscaping that distinguishes it from standard area tract homes.
A spacious three-car garage combined with a wide concrete driveway provides excellent utility for vehicle enthusiasts and substantial storage capacity.
Built in 1987 with no mention of recent interior upgrades, the home may require a significant budget for cosmetic modernizations to the kitchen and bathrooms.
The extensive landscaping and large lot size in the high desert climate of Lancaster may lead to elevated water costs and demanding yard upkeep.
SPACIOUS STUCCO RANCH - THREE-CAR GARAGE - ESTABLISHED LANDSCAPING - BRICK WALKWAY ENTRY This custom ranch home stands out right from the street with its unique layout and great curb appeal. A wide concrete driveway with classic brick pillars welcomes you to the property, leading up to a spacious attached three-car garage with plenty of room for vehicles and storage. The front walkway is lined with beautiful red brick pavers that lead straight to the front porch. Mature trees, tall evergreens, and neatly trimmed hedges frame the house, creating a private and established feel. High arched detail lines above the front windows add clean architectural charm to the soft gray stucco exterior. The yard is vast, offering a flat layout with endless potential for outdoor living, gardening, or weekend entertainment. This is a solid, honest home that is ready for its next owner. Come see it 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 | 64% |
| Square foot | 2,610 | 1,641.5 | 90% |
| Lot Size | 39,969 | 7,071 | 92% |
| Price | $689.0K | $445.0K | 99% |
| Price per sq ft | $264 | $264 | 50% |
| Built year | 1987 | 1987 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 169 | 0% |
Jun 10, 2026
$689,000
Initial Listing
Apr 1, 2021
$610,000
Public Record
Aug 20, 2019
$470,000
Public Record
May 18, 2004
$424,500
Public Record
Nov 14, 2001
$247,000
Public Record