40531 176th E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
40531 176th E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 40531 176th E, Lancaster, California 93535 reveals a property with a current list price of $540,000, which is 26% above the estimated $396,403 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40531 176th E Subject | $540,000* List Price | 3 | 2 | 1,346 | $295 | - |
A 40661 169th Street E Sold | $415,000 | 3 | 2 | 1,324 | $313 | 0.7 mi |
B 41125 179th Street E Sold | $420,000 | 4 | 2 | 1,384 | $303 | 0.9 mi |
C 17360 Valeport Active | $409,900 List Price | 4 | 2 | 1,350 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1985, this home is nearly 40 years old. While described as 'well-maintained,' the images reveal a kitchen with dated wood cabinets, laminate countertops, white appliances (including a coil-top electric range), and an old fluorescent light fixture. The bathroom also features an older vanity, light fixture, and overall style. The tile flooring is functional but the overall aesthetic in key areas is outdated, requiring cosmetic renovations to meet contemporary standards. Major systems may also need updating due to age, as noted in the property analysis. This aligns with the 'Fair' criteria of being aged but maintained, with functional components showing signs of being outdated and requiring minor updates.
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 = 29450, living area = 1346.
- Expansive Lot Size
The property boasts a spacious 29,450 sq ft lot, offering significant outdoor space and ample room for horses, vehicles, or additional structures, catering to diverse lifestyle needs.
- Well-Maintained Condition
Explicitly described as 'well-maintained,' indicating the property is in good condition, potentially reducing immediate repair or renovation costs for a new owner.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2025-04-24. The sold price is $370,000.00.
- Property Age & Potential for Updates
Built in 1985, the home is nearly 40 years old. While well-maintained, it may require updates to major systems (e.g., HVAC, plumbing, electrical) or cosmetic renovations to meet contemporary standards.
- Rural Location Appeal
The rural setting, while a strength for some, may not appeal to all buyers who prefer closer proximity to major urban centers, a wider array of amenities, or shorter commute times.
About 40531 176th E
Well-maintained 3BR/2BA single-story home on a spacious 29,000+ sq ft lot in Lake Los Angeles. This 1985 ranch offers a functional floor plan with a spacious kitchen, tile flooring, and ample natural light throughout. Features include an attached 2-car garage, large front and backyard areas, and plenty of room for horses, vehicles, or additional structures. Located near local amenities including the market, library, and elementary school. Ideal for buyers seeking rural living with convenient access to community services.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 29,450 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 | 1,346 | 1,633.5 | 24% |
| Lot Size | 29,450 | 7,081.5 | 88% |
| Price | $540.0K | $441.8K | 91% |
| Price per sq ft | $401 | $266 | 99% |
| Built year | 1985 | 1988 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 178 | 7% |
Pricing History
Listed for Sale
Dec 20, 2025
$540,000
Initial Listing
Sold
Apr 24, 2025
$370,000
Public Record
Sold
Aug 6, 2018
$240,000
Public Record
Sold
Apr 4, 2016
$113,000
Public Record