40562 172nd St E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
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Lancaster, California 93535
This Renovated Single-Family Residence is listed at $374,900, representing a stable entry point for a property with an Excellent Condition Rating. Positioned near its $352,215 Fair Market Value, the home justifies its pricing with high-value improvements, including a 3-year-old roof, dual-pane windows, and a tankless water heater. The interior boasts a modernized kitchen, while the massive 29,343 sq ft lot and private patio offer rare lifestyle utility. It is a perfect fit for first-time buyers or Owner-Occupants seeking a move-in-ready sanctuary in the Lancaster School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40562 172nd St E Subject | $369,900* List Price | 3 | 2 | 1,100 | $331 | - |
A 41048 178th E Sold | $400,000 | 3 | 2 | 1,176 | $340 | 0.9 mi |
B 40523 172nd E Sold | $415,000 | 3 | 2 | 1,322 | $314 | 0.1 mi |
C 17365 Newmont Sold | $410,000 | 4 | 2 | 1,384 | $296 | 0.4 mi |
D 40985 174th E Sold | $385,000 | 2 | 2 | 1,200 | $321 | 0.6 mi |
E 41043 Fieldspring Street Sold | $409,900 | 4 | 2 | 1,300 | $315 | 0.9 mi |
F 41136 174th E Sold | $355,000 | 4 | 2 | 1,384 | $257 | 0.8 mi |
G 41052 177th E Active | $419,900 List Price | 3 | 2 | 1,176 | $357 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1983, the property qualifies as Excellent due to comprehensive renovations within the last 5 years. Key updates include a 3-year-old roof, 2-year-old dual-pane windows, a tankless water heater, and a fully updated kitchen with newer cabinetry and appliances. The interior is in mint, move-in ready condition with modern laminate flooring and a remodeled primary bathroom.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29343, living area = 1100.
The home features significant high-value upgrades including a newer roof, dual-pane windows, and a tankless water heater, offering long-term energy efficiency and reduced maintenance costs for the new owner.
Situated on nearly 30,000 sq ft, the oversized lot provides exceptional space for future expansion, ADU construction, or extensive outdoor storage, which is a rare find at this price point.
With only 1,100 sq ft of living space for a three-bedroom configuration, the interior layout may feel restrictive for larger families or those requiring spacious common areas.
Located on 172nd St E, the property is situated in a more remote part of Lancaster, which may result in longer commute times to central amenities, schools, and major shopping centers.
Back on the market! Opportunity awaits with this well-maintained property featuring a recently completed septic certification. Opportunity meets value in this updated Lancaster property offering modern improvements, energy-efficient features, and extensive outdoor space—all at an attractive new price point. Situated on an expansive lot just under 30,000 sq ft, this property offers plenty of room for outdoor enjoyment, storage, recreational vehicles, gardening, and more. Whether you’re a first-time buyer, downsizing, or simply looking for more land and flexibility, this home offers a great combination of comfort and functionality. Inside, you’ll find a bright and inviting interior featuring newer laminate flooring, updated interior doors, dual-pane windows, and a functional layout designed for everyday living. The updated kitchen includes newer cabinetry and appliances, creating a clean and modern feel throughout the home. Additional improvements include: • Newer roof (approx. 3 years old) • Tankless water heater • Remodeled primary bathroom • Recently replaced dual-pane windows for improved efficiency and comfort Outside, enjoy the charm of a mature peach tree along with the privacy and versatility that come with a large lot in a desert setting.
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 | 1,100 | 1,634.5 | 6% |
| Lot Size | 29,343 | 7,071 | 86% |
| Price | $369.9K | $443.8K | 13% |
| Price per sq ft | $336 | $264 | 92% |
| Built year | 1983 | 1987 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 90 | 169 | 13% |
May 7, 2026
$369,900
$374,900
-1% Price Drop
Initial Listing
Apr 24, 2026
$374,900
$379,900
-1% Price Drop
Initial Listing
Mar 18, 2026
$379,900
Initial Listing
Jun 29, 2023
$335,000
Public Record
Jul 14, 2010
$55,000
Public Record