40985 174th E, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 2 bath
40985 174th E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 40985 174th E, Lancaster, California 93535 reveals a property with a current list price of $389,000, which is 7% above the estimated $361,147 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 40985 174th E Subject | $389,000* List Price | 2 | 2 | 1,200 | $301 | - |
A 17360 Valeport Sold | $405,000 | 4 | 2 | 1,350 | $300 | 0.2 mi |
B 41043 Fieldspring Street Sold | $409,900 | 4 | 2 | 1,300 | $315 | 0.9 mi |
C 40968 174th Street East Sold | $435,000 | 3 | 2 | 1,346 | $323 | 0.0 mi |
D 17818 Sweetaire Avenue Sold | $420,000 | 3 | 2 | 1,294 | $325 | 0.8 mi |
E 40954 E 178th St Sold | $370,000 | 2 | 1 | 1,451 | $255 | 0.4 mi |
F 40557 168th Street E Sold | $430,000 | 3 | 2 | 1,357 | $317 | 0.8 mi |
G 41048 173rd E Active | $399,000 List Price | 3 | 2 | 1,296 | $308 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features several recent updates that elevate its condition. Key improvements include brand new carpet throughout the living areas, new flooring in the bathrooms, and fresh paint in the bedrooms and baths. The kitchen has been upgraded with granite countertops, a new sink, and custom cabinetry. While the home was built in 1987, the combination of these recent cosmetic refreshes and well-maintained original features like the vaulted ceilings and rock fireplace make it a high-quality, functional residence requiring no immediate renovation.
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 = 29620, living area = 1200.
- Recent Interior Updates
The home features brand new carpet, fresh paint in bedrooms and bathrooms, and new flooring in the baths, offering a move-in-ready experience for the next owner.
- Large Utility Lot
Situated on a 0.68-acre lot, the property provides extensive RV storage and a specialized outbuilding equipped with a lift crane, perfect for workshops or heavy equipment.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =29620, other record lot size in square feet = 29439. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
- Remote Desert Location
Located in the outlying Lake LA area, the property is a considerable distance from major shopping, dining, and employment hubs, which may result in longer commutes.
- Limited Interior Space
With 1,200 square feet of living area, the three-bedroom layout may feel somewhat constrained for buyers requiring larger communal spaces or oversized bedrooms.
About 40985 174th E
Another Lake LA hidden gem! Amazing three bedrooms, two bathrooms home with one of the most popular floorplans out there. This house is located in a very desirable part of town & waiting to showcase its true potential. The entrance leads into an open & spacious living room with a cozy wood-burning rock fireplace. Take notice of the vaulted ceiling with ceiling fans throughout. The upgraded kitchen features lots of storage space within several handcrafted custom cabinets. New modern sink & faucet with dazzling granite counters highlight the cozy breakfast bar in front. This home features 3 spacious bedrooms and 2 full bathrooms - all with custom cabinet craftsmanship. Brand new carpet just installed throughout the house & new flooring in both bathrooms. Brand new paint in all bedrooms & bathrooms. Settled on low maintenance .68 acre lot with plenty of storage space for your RV and any other toys you may have. Great out building with even more storage space and an attached lift crane. Don't let this incredible opportunity pass you by, get your offers in today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 29,620.801 Sq. Ft.
Interior
- Total Bedrooms
- 2
- 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 | 2.0 | 4.0 | 3% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,633.5 | 11% |
| Lot Size | 29,620.801 | 7,081.5 | 89% |
| Price | $389.0K | $440.0K | 19% |
| Price per sq ft | $324 | $266 | 84% |
| Built year | 1987 | 1988 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 178 | 1% |
Pricing History
Listed for Sale
Feb 11, 2026
$389,000
Initial Listing