42918 Pearlwood Drive, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 3 bath
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Lancaster, California 93536
This Spacious Two-Story Pool Home represents a Strong Value Opportunity, listed at $515,000—positioned well above the $485,332 Fair Market Value by 6%. While priced slightly above market, the property features Paid-Off Solar and a private backyard oasis with an In-Ground Pool and Spa. With a Condition Rating of 4, the home offers a solid foundation for cosmetic modernization. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a well-maintained residence in an established Lancaster neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 42918 Pearlwood Drive Subject | $515,000* List Price | 3 | 3 | 1,913 | $254 | - |
A 3137 Peachwood Sold | $535,400 | 4 | 2 | 1,808 | $296 | 0.1 mi |
B 42935 Lemonwood Sold | $457,000 | 3 | 3 | 1,748 | $261 | 0.0 mi |
C 3832 W Avenue K13 Sold | $465,000 | 3 | 3 | 1,656 | $281 | 0.9 mi |
D 42934 Fenner Avenue Sold | $445,000 | 3 | 3 | 1,615 | $276 | 0.6 mi |
E 43112 28th W Sold | $540,000 | 3 | 2 | 1,824 | $296 | 0.4 mi |
F 43100 Cherbourg Sold | $520,000 | 3 | 2 | 1,936 | $269 | 0.4 mi |
G 42950 Burlwood Drive Pending | $509,000 List Price | 4 | 3 | 2,130 | $239 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is over 30 years old. While the listing mentions it is well-maintained and includes modern additions like paid-off solar and some updated laminate flooring, the interior remains largely dated with original 1980s features such as the brick fireplace, older carpeting, and original fixtures. The exterior wood trim shows signs of wear, and the home requires cosmetic updates to the kitchen and bathrooms to meet modern standards.
The property includes fully paid-off solar panels, offering significant long-term utility savings and immediate value to the homeowner.
The backyard serves as a private oasis with a sparkling in-ground pool, spa, and expansive covered patio areas, ideal for year-round entertaining.
Featuring vaulted ceilings and an oversized primary suite, the interior offers a bright, airy atmosphere that enhances the sense of space and luxury.
Built in 1989, the home may require cosmetic updates or contemporary upgrades to fixtures and finishes to meet modern aesthetic preferences.
With only three bedrooms for over 1,900 square feet, the layout may be less competitive for larger families seeking a fourth bedroom or dedicated office space.
Welcome to 42918 Pearl Wood Lane in Lancaster, a spacious two story pool home with beautiful curb appeal, PAID OFF SOLAR, and a location in a well established neighborhood. This well maintained home offers bright open living spaces with vaulted ceilings, generous room sizes, and an abundance of natural light throughout. The oversized primary suite features soaring ceilings, a large ensuite bath with dual vanities, and plenty of space to create your own private retreat. A spacious extended driveway provides ample parking and adds to the home's impressive curb appeal and functionality. The backyard is the true highlight of the property, featuring a sparkling in ground pool and spa, expansive patio areas, covered outdoor seating spaces, and a large grass area perfect for entertaining, pets, or play. Mature landscaping and privacy walls create a relaxing outdoor atmosphere ideal for enjoying evenings year round. Call today and make this dream home your reality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 41% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,913 | 2,025.5 | 43% |
| Lot Size | 7,032 | 9,532.5 | 23% |
| Price | $515.0K | $540.0K | 41% |
| Price per sq ft | $269 | $268 | 50% |
| Built year | 1989 | 1991 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 150 | 1% |
May 29, 2026
$515,000
Initial Listing
Apr 2, 1998
$115,000
Public Record