42911 Lemonwood, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 3 bath
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42911 Lemonwood
Lancaster, California 93536
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,939Sq Ft
7,075Lot Size
Property Price
LIST PRICE$485,000
EST. MARKET VALUE
$507,788
4% BelowMARKET VALUE
SUMMARY
This 4-bedroom residence represents a Strong Value Opportunity, listed at $485,000—positioned well below the $507,789 Fair Market Value by 4%. This valuation gap offers $22,789 in Instant Equity. Featuring an inground pool, covered patio, and RV parking, the home maintains a Condition Rating of 4. While the interior offers potential for modernization, the functional layout and outdoor amenities provide immediate utility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset in the Antelope Valley.
Estimated Market Value
$507,788+$22,788 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42911 Lemonwood Subject 4 bd · 3 ba · 1,939 sqft · $262 | $485,000* List Price | 4 | 3 | 1,939 | $262 | - |
A 42966 Pearlwood Drive Sold 3 bd · 2 ba · 1,735 sqft · $277 · 0.1 mi | $480,000 | 3 | 2 | 1,735 | $277 | 0.1 mi |
B 42918 Pearlwood Drive Sold 3 bd · 3 ba · 1,913 sqft · $264 · 0.0 mi | $505,000 | 3 | 3 | 1,913 | $264 | 0.0 mi |
C 3137 Peachwood Sold 4 bd · 2 ba · 1,808 sqft · $296 · 0.1 mi | $535,400 | 4 | 2 | 1,808 | $296 | 0.1 mi |
D 42950 Burlwood Drive Sold 4 bd · 3 ba · 2,130 sqft · $230 · 0.1 mi | $490,000 | 4 | 3 | 2,130 | $230 | 0.1 mi |
E 43155 22nd W Sold 4 bd · 3 ba · 1,949 sqft · $231 · 0.9 mi | $450,000 | 4 | 3 | 1,949 | $231 | 0.9 mi |
F 42937 Beau Ville Court Sold 4 bd · 2 ba · 1,891 sqft · $204 · 0.3 mi | $385,000 | 4 | 2 | 1,891 | $204 | 0.3 mi |
G 42911 Sachs Sold 3 bd · 2 ba · 1,815 sqft · $292 · 0.3 mi | $530,000 | 3 | 2 | 1,815 | $292 | 0.3 mi |
H 43141 Sunny Sold 3 bd · 2 ba · 1,549 sqft · $303 · 0.9 mi | $470,000 | 3 | 2 | 1,549 | $303 | 0.9 mi |
I 43333 Cottage Lane Active 4 bd · 3 ba · 1,809 sqft · $271 · 0.6 mi | $489,999 List Price | 4 | 3 | 1,809 | $271 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986, the property is over 20 years old and shows a mix of minor cosmetic updates, such as newer laminate flooring, alongside dated elements like popcorn ceilings and older oak cabinetry. The home appears functional and liveable but would benefit from further modernization and minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Living Amenities
The property features a private inground pool and a covered patio, offering a premium space for entertainment and relaxation in the high desert climate.
- RV and Utility Parking
A paved side yard provides dedicated space for RV or additional vehicle parking, a highly sought-after feature that adds significant functional value to the lot.
- Competitive Market Pricing
Listed at $485,000, the home is priced below its 2023 sale price of $505,000, offering an attractive value proposition for a four-bedroom residence in Lancaster.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1986 with no documented recent interior upgrades, the home may require additional investment to update finishes and fixtures to contemporary standards.
- Limited Green Space
The extensive hardscaping for the pool and RV parking occupies most of the 7,075 sqft lot, leaving very little traditional lawn area for pets or children.
About 42911 Lemonwood
Welcome to 42911 Lemonwood Drive! Built in 1986, this home offers approximately 1,939 square feet of living space with 4 bedrooms and 2.5 bathrooms. The primary bedroom features a walk-in closet and en-suite bathroom. The spacious living room includes a fireplace, while the kitchen provides direct access to the rear yard. Outside, you'll find an inground pool, covered patio, and a paved side yard offering potential for RV or additional vehicle parking. Additional features include a 2-car attached garage. Centrally located near shopping, dining, and other city amenities. Don't miss the opportunity to see all this home has to offer. Call today for a private tour!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 7,075 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,939 | 1,778.498 |
| Lot Size | 7,075 | 7,636.35 |
| Price | $485.0K | $473.8K |
| Price per sq ft | $250 | $271 |
| Built year | 1986 | 1989 |
| HOA | $0 | $203 |
| Days on market | 26 | 64 |
Pricing History
Listed for Sale
Sep 28, 2026
$485,000
Initial Listing
Sold
Jun 6, 2023
$505,000
Public Record
Sold
Feb 24, 2015
$232,000
Public Record