40648 Fieldspring, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
40648 Fieldspring
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 40648 Fieldspring, Lancaster, California 93535 reveals a property with a current list price of $379,900, which is 11% above the estimated $336,900 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 |
|---|---|---|---|---|---|---|
★ 40648 Fieldspring Subject | $379,900* List Price | 3 | 2 | 1,025 | $329 | - |
A 40586 166th Street E Sold | $395,000 | 3 | 2 | 1,134 | $348 | 0.2 mi |
B 40586 166th Street E Sold | $395,000 | 3 | 2 | 1,134 | $348 | 0.2 mi |
C 16117 Sweetaire Avenue Sold | $364,000 | 3 | 2 | 1,384 | $263 | 0.5 mi |
D 40661 169th Street E Sold | $415,000 | 3 | 2 | 1,324 | $313 | 0.3 mi |
E 41115 169th Street E Active | $374,999 List Price | 3 | 2 | 1,250 | $300 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1983, this property is over 40 years old. While the description states it is 'beautifully maintained,' the images reveal that the kitchen and bathrooms are significantly outdated. The kitchen features older light wood cabinets, white tile countertops, and dated white appliances (gas range, refrigerator). Bathrooms also show older vanities, white tile, and basic fixtures. The consistent tile flooring throughout is functional but not modern. The property is livable and appears well-kept, but the key areas like the kitchen and bathrooms would require substantial cosmetic updates to align with current styles and buyer expectations, fitting the 'Fair' category.
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 = 29309, living area = 1025.
- Expansive Outdoor Space
The property features a substantial 29,309 sqft lot, providing ample room for outdoor activities, gardening, or potential future expansion.
- Prime Location
Located in a desirable neighborhood offering convenient access to schools, shopping, dining, and major commuter routes.
CONSRISKS & DEFICIENCIES
- Compact Interior Square Footage
At 1,025 sqft, the interior living space is relatively modest for a 3-bedroom, 2-bathroom home, which may feel constrained for some buyers.
- Potential Overpricing
The current list price of $379,900 is approximately 14% higher than the estimated property value of $349,872.6, suggesting it may be overvalued in the current market.
- Age of Property & Systems
Built in 1983, the property is over 40 years old. While maintained, there's no explicit mention of recent updates to major systems (e.g., HVAC, roof, plumbing, electrical), which could imply potential future maintenance or replacement costs.
About 40648 Fieldspring
Welcome to this beautifully maintained 3 bedroom, 2 bathroom home offering a perfect blend of comfort and convenience. Featuring a bright and open floor plan, this home includes a spacious living area ideal for entertaining, a well-appointed kitchen with ample counter space and storage, and a dining area perfect for family gatherings. The primary bedroom provides a peaceful retreat with an en-suite bathroom for added privacy, while the additional bedrooms are generously sized and versatile—ideal for family, guests, or a home office. Outside, enjoy a private backyard with plenty of room for outdoor activities, gardening, or relaxation. A Convenient parking complete this wonderful property. Located in a desirable neighborhood close to schools, shopping, dining, and major commuter routes, this home is a must-see for buyers seeking comfort, value, and convenience.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1983
- Lot Size
- 29,309 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 | 1,025 | 1,633.5 | 3% |
| Lot Size | 29,309 | 7,081.5 | 87% |
| Price | $379.9K | $440.0K | 15% |
| Price per sq ft | $371 | $266 | 95% |
| Built year | 1983 | 1988 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 119 | 178 | 20% |
Pricing History
Listed for Sale
Nov 19, 2025
$379,900
$410,000
-7% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$410,000
Initial Listing
Sold
Aug 1, 2016
$149,000
Public Record
Sold
Jun 26, 2009
$45,000
Public Record
Sold
May 22, 2003
$115,000
Public Record