
Lancaster, California 93536
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $524,999—positioned slightly above the $512,845 Fair Market Value. While the property requires modernization, its Condition Rating of 4 reflects a solid 1991 build with a versatile floor plan, including a convenient downstairs bedroom and bath. The inclusion of a Solar System provides immediate energy efficiency, offsetting long-term utility costs. This property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to personalize a spacious home with significant equity-building potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42438 56th Street Subject 4 bd · 3 ba · 2,389 sqft · $213 | $524,999* List Price | 4 | 3 | 2,389 | $213 | - |
A 5545 W Avenue L6 Sold 4 bd · 3 ba · 2,389 sqft · $220 · 0.1 mi | $525,000 | 4 | 3 | 2,389 | $220 | 0.1 mi |
B 42429 Lane Ranch Sold 4 bd · 3 ba · 2,021 sqft · $233 · 0.0 mi | $469,950 | 4 | 3 | 2,021 | $233 | 0.0 mi |
C 5101 Ruby Court Sold 3 bd · 3 ba · 2,081 sqft · $228 · 0.5 mi | $475,000 | 3 | 3 | 2,081 | $228 | 0.5 mi |
D 42520 52nd W Sold 5 bd · 3 ba · 2,235 sqft · $246 · 0.4 mi | $550,000 | 5 | 3 | 2,235 | $246 | 0.4 mi |
E 43106 Sondi Drive Sold 4 bd · 3 ba · 1,913 sqft · $285 · 0.8 mi | $545,000 | 4 | 3 | 1,913 | $285 | 0.8 mi |
F 5539 W Avenue L6 Pending 4 bd · 3 ba · 2,021 sqft · $247 · 0.1 mi | $499,000 List Price | 4 | 3 | 2,021 | $247 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991 (33 years old), the property is dated and maintains most of its original finishes. The kitchen and bathrooms feature 1990s-era oak cabinetry and tile countertops that require modernization. While the home includes updated stainless steel appliances and a solar system, the core aesthetics and systems are over 30 years old. Additionally, the use of digitally rendered photos suggests the actual condition of surfaces and flooring may require more attention than shown.
The 2,389 sqft layout features a highly desirable downstairs bedroom and full bathroom, providing excellent flexibility for guests, multi-generational living, or a private home office.
Dramatic soaring ceilings in the entry and vaulted ceilings in the primary suite create an expansive, airy atmosphere that enhances the home's sense of scale and luxury.
The property includes a solar system, offering a modern sustainable feature that can significantly offset utility costs in the high-desert climate of Lancaster.
With a lot size of approximately 6,021 square feet, the outdoor space is relatively modest compared to the large interior footprint, potentially limiting extensive backyard development or privacy.
The solar system terms are subject to verification, which often implies a lease or power purchase agreement that a buyer must assume, potentially impacting financing or monthly debt-to-income ratios.
Welcome to this spacious two-story home offering approximately 2,389 square feet of living space with 4 bedrooms and 3 bathrooms. A dramatic entry with soaring ceilings and a beautiful staircase welcomes you into a well-designed floor plan featuring formal living and dining areas, a generous family room with fireplace, and a bright kitchen with a center island, ample cabinetry and garden window. The first floor includes a bedroom and full bathroom, offering flexibility for guests, a home office or additional living space, along with a separate laundry room and side-by-side two-car attached garage. Upstairs, the expansive primary suite is a true retreat, featuring soaring vaulted ceilings, a spacious open-concept bathroom and a large walk-in closet. Two additional bedrooms are thoughtfully situated across the hall, with one offering access to a private outdoor balcony and sharing a convenient Jack-and-Jill bathroom with the adjoining bedroom. Outside, the approximately 6,021-square-foot lot offers plenty of room to enjoy the outdoors, with space to create a comfortable setting for relaxing, entertaining or enjoying time with family and friends. The property also features a solar system; terms are subject to verification. Centrally located near shopping, dining, parks and other city amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,389 | 1,778.498 |
| Lot Size | 6,021 | 7,636.35 |
| Price | $525.0K | $473.8K |
| Price per sq ft | $220 | $271 |
| Built year | 1991 | 1989 |
| HOA | $0 | $203 |
| Days on market | 43 | 64 |
Sep 11, 2026
$524,999
Initial Listing
Jan 19, 2022
$505,000
Public Record
Jun 5, 2003
$242,000
Public Record
Jun 3, 2003
$242,000
Public Record