40954 168th E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
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Lancaster, California 93535
This Single Family Residence represents a Strong Value Opportunity, listed at $365,900—positioned well below the $366,901 Fair Market Value by 0.27%. This property offers $1,001 in Instant Equity. Featuring a Fair Condition Rating, the home provides a functional layout on a expansive 0.67-acre lot with Mountain Views and a covered patio. While the interior requires cosmetic updates, the generous land size offers significant potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a manageable entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40954 168th E Subject | $365,900* List Price | 3 | 2 | 1,296 | $288 | - |
A 40912 168th E Sold | $287,000 | 4 | 2 | 1,300 | $221 | 0.1 mi |
B 40648 Fieldspring Sold | $360,026 | 3 | 2 | 1,025 | $351 | 0.4 mi |
C 40976 177th E Sold | $349,880 | 3 | 2 | 1,139 | $307 | 0.9 mi |
D 40985 174th E Sold | $385,000 | 2 | 2 | 1,200 | $321 | 0.6 mi |
E 16173 Newmont Sold | $399,900 | 3 | 2 | 1,402 | $285 | 0.7 mi |
F 41052 177th E Sold | $280,000 | 3 | 2 | 1,176 | $238 | 0.9 mi |
G 41038 171st E Pending | $395,000 List Price | 3 | 2 | 1,320 | $299 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, this 38-year-old property is dated and retains many original features, including popcorn ceilings and 1980s-style bathroom vanities. While the listing describes it as move-in ready, the presence of a window AC unit suggests the central HVAC system may be aged or insufficient. It meets the 'Fair' criteria as a functional but dated home requiring cosmetic updates and minor system oversight.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 29375, living area = 1296.
Sitting on a generous 0.67-acre lot, this property offers significant outdoor space for recreation, gardening, or potential future expansions such as an ADU or workshop.
The home is well-maintained and ready for immediate occupancy, featuring a functional single-story layout and a cozy brick fireplace that appeals to buyers seeking a turnkey residence.
Situated far east in Lancaster, the property may involve longer commute times and limited immediate access to major shopping centers, dining, and urban amenities.
With 1,296 square feet of living space, the interior may feel relatively small for a three-bedroom home, potentially limiting its appeal for larger families or those needing extra storage.
Welcome to this lovely single story ranch style home! Sitting on .67 acres this 1296 sq ft home features 3 bedrooms 2 baths and a cozy brick style fireplace for those cool antelope valley winters. Agent Remarks: Welcome to this lovely single story ranch style home! Sitting on .67 acres this 1296 sq ft home features 3 bedrooms 2 baths and a cozy brick style fireplace for those cool antelope valley winters. Agents this home is ready to move in, your buyers will enjoy the back yard with a covered patio and many trees and colorful plants.
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 | 1,296 | 1,634.5 | 20% |
| Lot Size | 29,375 | 7,071 | 86% |
| Price | $365.9K | $443.8K | 13% |
| Price per sq ft | $282 | $264 | 60% |
| Built year | 1986 | 1987 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 168 | 1% |
May 11, 2026
$365,900
Initial Listing
May 21, 1998
$4,000
Public Record