42734 56th Street West, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 2 bath
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Lancaster, California 93536
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $499,900—positioned well below the $522,448 Fair Market Value by 4%. This valuation gap provides $22,548 in Instant Equity for incoming buyers. While the home holds a Functional Condition Rating, its original 1989 interior offers significant upside for modernization. Featuring an Expansive 10,261 Sqft Lot, vaulted ceilings, and a covered patio within the Antelope Valley Union district, this property balances lifestyle and investment potential. It is ideal for Owner-Occupants looking to build wealth or first-time buyers seeking a versatile floor plan.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42734 56th Street West Subject | $489,000* List Price | 4 | 2 | 1,958 | $255 | - |
A 5644 W Avenue L14 Sold | $539,000 | 4 | 2 | 1,667 | $323 | 0.8 mi |
B 43232 Sawgrass Lane Sold | $550,000 | 4 | 2 | 1,984 | $277 | 1.0 mi |
C 5811 Corinthian Place Sold | $530,000 | 4 | 2 | 1,711 | $310 | 0.6 mi |
D 5858 Travis Paul Drive Sold | $520,000 | 3 | 2 | 1,797 | $289 | 0.7 mi |
E 43107 57th Street W Sold | $499,000 | 4 | 2 | 2,196 | $227 | 0.5 mi |
F 42427 61st Street W Pending | $549,000 List Price | 4 | 3 | 2,144 | $256 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is well-maintained and functional but remains largely in its original state. The kitchen features dated oak cabinetry, white tile countertops, and older white appliances. While the home is clean and move-in ready, the overall style, including the flooring and bathroom fixtures, reflects its age and lacks the modern renovations required for a higher rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10261, living area = 1958.
The property sits on a generous 10,261 square foot lot, featuring a welcoming front courtyard and a large backyard with a covered patio, offering significant space for outdoor recreation and privacy.
With nearly 2,000 square feet of living space, the home offers a flexible layout including vaulted ceilings, two separate living areas, and a unique two-sided fireplace that creates a spacious yet cozy atmosphere.
Built in 1989, the property may require cosmetic updates or appliance upgrades to align with contemporary design trends and energy efficiency standards preferred by modern buyers.
While the home features four bedrooms, it only provides two bathrooms, which may be a limitation for larger families or those seeking a more modern primary suite-to-guest bath ratio.
Welcome to 42734 56th Street West! This single-story home is situated on an expansive lot of over 10,000 square feet and offers a flexible floor plan designed for comfortable everyday living. Featuring 5 bedrooms and 2 bathrooms, the layout includes two separate living areas and two distinct dining spaces, with the kitchen thoughtfully positioned in between--creating a functional flow for a variety of living and entertaining needs. Vaulted ceilings enhance the main living areas, adding to the open feel, while a two-sided fireplace serves as a central focal point shared between both living rooms. A welcoming courtyard greets you as you approach the front entry, providing additional outdoor space and curb appeal. The home also includes a dedicated laundry area located just off the garage for added convenience. Near the kitchen and dining area, a separate bonus space offers excellent storage potential and works well as a spacious walk-in pantry. The backyard features a covered patio and landscaped areas, offering room to relax or enjoy outdoor activities. With approximately a quarter-acre lot, there is ample space to utilize in a variety of ways. Centrally located near shopping, dining, parks, and other city amenities, this property offers space, functionality, and opportunity. Schedule your private showing to explore all that this home has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,958 | 1,977.5 | 49% |
| Lot Size | 10,261 | 9,422.5 | 64% |
| Price | $489.0K | $537.0K | 27% |
| Price per sq ft | $250 | $274 | 35% |
| Built year | 1989 | 1991 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 183 | 3% |
Apr 15, 2026
$489,000
$499,900
-2% Price Drop
Initial Listing
Feb 26, 2026
$499,900
Initial Listing
Apr 14, 2017
$315,000
Public Record
Apr 22, 2015
$270,000
Public Record