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43063 Lemonwood Dr Drive, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 2 bath

43063 Lemonwood Dr Drive, Lancaster, California 93536 home-pic-0
ACTIVE$460,000$1,626/sqft
Est. Value: $495,753
7%
BelowEstimate
43063 Lemonwood Dr Drive, Lancaster, California 93536
3Beds
2Baths
1,626Sqft
7,108Lot

Price Vs. Estimate

The estimated value ($495,752.645) is $35,752.645 (7%) higher than the list price ($460,000). This property may be underpriced.

Key pros and cons

Top Pros:
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 = 7108, living area = 1626.
Top Cons:
Property Age & Potential for Dated Systems: Built in 1976, the home is nearly 50 years old, which may imply older major systems (HVAC, plumbing, electrical) that could require future maintenance or upgrades.

Compared to the nearby listings

Price:$460.0K vs avg $550.0K ($-90,000)16%
Size:1,626 sqft vs avg 2,131 sqft22%
Price/sqft:$283 vs avg $26364%

More Insights

Built in 1976 (50 years old).
Condition: Built in 1976, this property has clearly undergone significant renovations that bring it to a 'good' condition. The kitchen features modern white shaker cabinets, granite countertops, and stainless steel appliances, indicating an update within the last 5-15 years. Both bathrooms have been updated with contemporary vanities, fixtures, and tiling. The consistent LVP flooring throughout the main living areas and bedrooms, along with fresh paint, contributes to a move-in ready feel. While the original structure is older, the visible updates align with the criteria for a property extensively renovated within the last 5 to 15 years, making it well-maintained with minimal wear and tear.
Year Built
1976
Close
-
List price
$460K
Original List price
$460K
Price/Sqft
$283
HOA
-
Days on market
-
Sold On
-
MLS number
P1-24605
Home ConditionGood
Features
View-

About this home

Welcome to this beautifully maintained 3-bedroom, 2-bathroom home offering 1,626 square feet of comfortable living space on a generous 7,000 square foot lot. Nestled in a quiet, family-friendly neighborhood, this property combines modern convenience with a warm, inviting atmosphere.Step inside to discover an open and functional floor plan perfect for both relaxing and entertaining. The spacious master bedroom features its own private bathroom and a walk-in closet. The additional bedrooms are well-sized, ideal for family, guests, or a home office.Enjoy cooking and gathering in the well-appointed kitchen, which opens to a comfortable living and dining area filled with natural light. The backyard offers plenty of space for outdoor fun, gardening, or future customization.Conveniently located near the freeway, this home provides easy access for commuters while remaining close to schools, shopping, and local parks.Don't miss your chance to make this wonderful Lancaster home your owna"schedule a showing today!

V
Victor Caro
Listing Agent
Condition Rating
Good
Built in 1976, this property has clearly undergone significant renovations that bring it to a 'good' condition. The kitchen features modern white shaker cabinets, granite countertops, and stainless steel appliances, indicating an update within the last 5-15 years. Both bathrooms have been updated with contemporary vanities, fixtures, and tiling. The consistent LVP flooring throughout the main living areas and bedrooms, along with fresh paint, contributes to a move-in ready feel. While the original structure is older, the visible updates align with the criteria for a property extensively renovated within the last 5 to 15 years, making it well-maintained with minimal wear and tear.
Pros & Cons

Pros

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 = 7108, living area = 1626.
Strong Value Proposition: The listing price of $460,000 is approximately 11% below the estimated market value of $510,753, suggesting immediate equity potential for a buyer.
Well-Maintained Condition: Explicitly described as 'beautifully maintained,' indicating the property has been cared for and is likely in good move-in ready condition.
Generous Outdoor Space: A 7,000 sq ft lot provides ample room for outdoor activities, gardening, or future expansion and customization.
Convenient Accessibility: Strategically located near the freeway, offering easy commuting, and close proximity to essential amenities like schools, shopping, and local parks.
Functional Layout & Master Suite: Features an open and functional floor plan, complemented by a spacious master bedroom with a private bathroom and walk-in closet, enhancing comfort and privacy.

Cons

Property Age & Potential for Dated Systems: Built in 1976, the home is nearly 50 years old, which may imply older major systems (HVAC, plumbing, electrical) that could require future maintenance or upgrades.
Absence of Specific Modern Renovations: While a 'well-appointed kitchen' is mentioned, the description lacks details on recent significant modern upgrades or high-end finishes, potentially suggesting a need for cosmetic updates to meet contemporary tastes.
Lack of Scenic Views: The property explicitly states 'view: None,' which might be a disadvantage for buyers prioritizing scenic outlooks or unique vistas.
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