40734 163rd E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath

40734 163rd E, Lancaster, California 93535 home-pic-0

40734 163rd E

Lancaster, California 93535

ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,402Sq Ft
45,905Lot Size

Property Price

LIST PRICE$389,000
EST. MARKET VALUE
$248,003
56% AboveMARKET VALUE

SUMMARY

Analysis of 40734 163rd E, Lancaster, California 93535 reveals a property with a current list price of $389,000, which is 56% above the estimated $248,003 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

$248,003
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
40734 163rd E
Subject
$389,000*
List Price
321,402$177-
A
15845 Mossdale
Sold
$380,000321,259$3020.8 mi
B
15854 Mossdale Avenue
Sold
$417,000321,524$2740.7 mi
C
15805 Newmont Avenue
Sold
$395,000421,300$3040.7 mi
D
40557 168th Street E
Sold
$430,000321,357$3170.5 mi
E
40964 156th E
Sold
$365,000321,134$3220.9 mi
F
40912 168th E
Sold
$287,000421,300$2210.4 mi
G
40942 159th Street E
Active
$369,990
List Price
321,134$3260.6 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1992, this 34-year-old home fits the 'fair' criteria as it is aged but well-maintained through regular upkeep. While the listing highlights 'freshly painted kitchen cabinets' and a modern mini-split system in the flex room, the property lacks a comprehensive recent renovation. The kitchen and bathrooms likely retain original layouts and older fixtures, and the overall style is consistent with a home built over 25 years ago that has received only selective cosmetic updates rather than a full modern overhaul.

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 = 45905, living area = 1402.

CONSRISKS & DEFICIENCIES

About 40734 163rd E

Charming single-family home set on a 1.05-acre lot in Lancaster, offering the space and freedom of true country living! This 3-bedroom, 2-bath home features 1,402 sq ft plus a versatile flex room with a closet and mini split perfect for a home office, playroom, guest space, or hobby room. Inside, enjoy an interior laundry room, freshly painted kitchen cabinets, and a cozy, welcoming layout filled with natural light. Outside is where this property shines, with a fenced yard, dedicated play area, and additional rear access—ideal for horse property, farm living, or creating your own private outdoor oasis! With ample room for animals, gardens, or recreational use, the possibilities are endless. ADU potential with architect-drawn plans adds incredible flexibility for future expansion, rental income, or multi-generational living!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1992
Lot Size
45,905 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
41%
Baths2.02.0
50%
Square foot1,4021,633.5
30%
Lot Size45,9057,081.5
95%
Price$389.0K$440.0K
19%
Price per sq ft$277$266
59%
Built year19921988
68%
HOA$0$0
50%
Days on market22178
1%

Pricing History

Listed for Sale

Feb 12, 2026

$389,000

Initial Listing

Sold

Jul 30, 1999

$77,500

Public Record

Sold

May 5, 1999

$50,000

Public Record

Sold

Oct 17, 1997

$500

Public Record

Sold

Aug 23, 1995

$66,000

Public Record

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