41331 156th E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
41331 156th E
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 41331 156th E, Lancaster, California 93535 reveals a Fairly Priced Property with a current list price of $415,000 aligned with the estimated $408,830 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 41331 156th E Subject | $415,000* List Price | 3 | 2 | 1,200 | $341 | - |
A 15845 Mossdale Sold | $380,000 | 3 | 2 | 1,259 | $302 | 0.3 mi |
B 15805 Newmont Avenue Sold | $395,000 | 4 | 2 | 1,300 | $304 | 0.8 mi |
C 15854 Mossdale Avenue Sold | $417,000 | 3 | 2 | 1,524 | $274 | 0.4 mi |
D 40964 156th E Sold | $365,000 | 3 | 2 | 1,134 | $322 | 0.4 mi |
E 40942 159th Street E Active | $369,990 List Price | 3 | 2 | 1,134 | $326 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1987, the property has undergone significant updates, particularly in the kitchen and bathrooms, which feature modern white cabinetry, granite-look countertops, and stainless steel appliances. The flooring includes contemporary LVP in the kitchen/dining area and clean carpet in other rooms. A visible rooftop HVAC unit indicates a functional central cooling/heating system. While the property's age is over 20 years, the extensive renovations to key areas make it move-in ready with no immediate major updates required, aligning with the 'Good' condition criteria for properties extensively renovated within the last 5 to 15 years.
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 = 42522, living area = 1200.
- Expansive Lot Size
The property boasts a substantial 42,522 sqft lot (nearly one acre), offering significant outdoor space, privacy, and potential for landscaping, expansion, or recreational use.
- Recent Price Reduction
A recent price adjustment from $430,000 to $415,000 indicates motivated sellers and presents a more attractive entry point for potential buyers.
CONSRISKS & DEFICIENCIES
- Property Age & Potential Updates
Built in 1987, the home is over 35 years old, suggesting that major systems (HVAC, plumbing, electrical) and interior finishes may be original and could require significant updates or maintenance in the near future.
- Lack of Specified Cooling System
Given Lancaster's hot climate, the absence of a specified cooling system (e.g., central AC) in the property details is a notable concern that could impact comfort and utility costs for occupants.
- Modest Home Size on Large Lot
The 1200 sqft living space might be considered modest for a nearly one-acre lot, potentially limiting appeal for buyers seeking a larger home or suggesting that the land value significantly outweighs the structure's size.
About 41331 156th E
Exceptional opportunity in Lancaster. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 42,522 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 | 1,200 | 1,633.5 | 11% |
| Lot Size | 42,522 | 7,081.5 | 95% |
| Price | $415.0K | $440.0K | 34% |
| Price per sq ft | $346 | $266 | 92% |
| Built year | 1987 | 1988 | 48% |
| HOA | $0 | $0 | 50% |
| Days on market | 139 | 178 | 29% |
Pricing History
Listed for Sale
Jan 25, 2026
$415,000
$430,000
-3% Price Drop
Initial Listing
Price Change
Oct 18, 2025
$430,000
Initial Listing