40912 169th E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
Loading property details...
40912 169th E
Lancaster, California 93535
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,526Sq Ft
29,398Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$413,655
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $416,613 Fair Market Value by -8%. While the home maintains a Fair Condition Rating with original 1988 features, its 0.67-acre lot provides significant utility for RV parking or workshops. This asset offers a functional 3-bedroom layout for those seeking rural privacy. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage land size for long-term value appreciation.
Estimated Market Value
$413,655
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40912 169th E Subject | $425,000* List Price | 3 | 2 | 1,526 | $271 | - |
A 41038 171st E Sold | $400,000 | 3 | 2 | 1,320 | $303 | 0.3 mi |
B 40985 174th E Sold | $385,000 | 3 | 2 | 1,320 | $292 | 0.5 mi |
C 40648 Fieldspring Sold | $360,026 | 3 | 2 | 1,025 | $351 | 0.5 mi |
D 40976 177th E Sold | $349,880 | 3 | 2 | 1,139 | $307 | 0.7 mi |
E 16245 Mossdale Avenue E Sold | $350,000 | 3 | 2 | 1,372 | $255 | 0.7 mi |
F 16173 Newmont Sold | $399,900 | 3 | 2 | 1,402 | $285 | 0.8 mi |
G 40596 Fieldspring Sold | $390,000 | 3 | 2 | 1,240 | $315 | 0.5 mi |
H 40954 168th E Pending | $365,900 List Price | 3 | 2 | 1,296 | $282 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1988, the property is over 35 years old, placing it in the >20y 'Fair' category. While the interior shows recent cosmetic updates such as new laminate flooring and fresh paint, the presence of popcorn ceilings and the age of the structure suggest dated systems and a need for kitchen/bath modernization. It is well-maintained and move-in ready, but does not meet the 'Good' criteria due to its age and original architectural features.
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 = 29398, living area = 1526.
- Expansive Lot Size
The property features a generous 0.67-acre lot, offering significant space for RV parking, workshops, animals, and future outdoor expansions.
- Functional Single-Story Layout
The 1,526 square foot home offers a practical 3-bedroom, 2-bathroom floor plan with central heating and air conditioning, ensuring comfort and accessibility.
CONSRISKS & DEFICIENCIES
- Remote Location
Situated on 169th Street East, the property is located in a far-eastern rural pocket of Lancaster, which may result in longer commute times to major shopping centers and urban amenities.
- Potential for Cosmetic Updates
Built in 1988, the home may require modern interior updates or renovations to compete with newer residential standards in the area.
About 40912 169th E
Welcome to 40912 169th Street in Lancaster, where comfort, space, and country living come together. Situated on an expansive approximately 0.67-acre lot, this well-maintained single-story home offers 3 bedrooms, 2 bathrooms, and approximately 1,526 square feet of living space, providing plenty of room to relax and entertain. Step inside to a functional floor plan featuring spacious living areas, central heating and air conditioning, and abundant natural light throughout. Outside, the oversized lot offers endless possibilities with room for RV parking, recreational vehicles, animals, workshops, additional storage, or future improvements. Whether you're looking for extra space to spread out or simply want to enjoy the peace and privacy of the High Desert, this property delivers. Conveniently located with easy access to shopping, schools, and commuter routes while still offering a quiet rural atmosphere, this is a wonderful opportunity to enjoy the best of Lancaster living. Don't miss your chance to make this versatile property your next home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 29,398 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 |
|---|---|---|
| Beds | 3.0 | 3.9 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,526 | 1,831.274 |
| Lot Size | 29,398 | 7,654.687 |
| Price | $425.0K | $478.1K |
| Price per sq ft | $279 | $269 |
| Built year | 1988 | 1989 |
| HOA | $0 | $203 |
| Days on market | 41 | 62 |
Pricing History
Listed for Sale
Aug 22, 2026
$425,000
$450,000
-6% Price Drop
Initial Listing
Price Change
Jul 30, 2026
$450,000
Initial Listing
Sold
May 5, 2010
$74,000
Public Record
Sold
May 21, 2002
$105,000
Public Record
Sold
Oct 20, 1995
$86,000
Public Record