43310 Fairglen Road, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 1 bath
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Lancaster, California 93535
This Value-Add Residential Asset is listed at $260,000, offering an accessible entry point into the Lancaster market. While currently valued at a $189,466 Fair Market Value, the property’s Condition Rating of 5 signals a clear opportunity for forced appreciation through renovation. The expansive 8,588 square foot lot offers exceptional High Available Lot Utilization, providing ample space for future expansion or an ADU within the Lancaster high school district. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to build equity through a comprehensive overhaul.
Property is extensive renovation needed.
Built in 1957, this property shows significant signs of neglect and unfinished renovations. The kitchen is in disrepair with exposed drywall and missing backsplashes, while the interior features unfinished trim, exposed wiring, and dated wall-heating units. The exterior siding and entry points show rot and lack of maintenance, necessitating a full rehabilitation to meet modern safety and habitability standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8588, living area = 708.
Priced at $260,000, this property represents a highly accessible entry point into the California real estate market, making it an ideal option for first-time homebuyers or budget-conscious investors.
The expansive 8,588 square foot lot provides significant outdoor space and offers excellent potential for future expansions, landscaping, or the addition of an Accessory Dwelling Unit (ADU).
At just 708 square feet, the living space is quite compact for a two-bedroom home, which may restrict its appeal to larger families or those requiring more functional living area.
Built in 1957, the home may require significant updates to its core systems and cosmetic finishes to meet modern standards and improve overall energy efficiency.
Charming gated property situated on a spacious lot in a desirable Lancaster location. This property offers a wide frontage with secure entry gate, ample parking, and plenty of room for additional vehicles, RVs, or work equipment. The home is set back from the street, providing privacy and functionality. The lot features mature trees offering shade and a usable yard with multiple potential uses, ideal for those seeking space for outdoor living, storage, or future improvements. Property presents a great opportunity for buyers looking for a value-add home with room to expand or customize.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 4% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 708 | 1,634.5 | 0% |
| Lot Size | 8,588 | 7,071 | 78% |
| Price | $230.0K | $443.8K | 1% |
| Price per sq ft | $325 | $264 | 86% |
| Built year | 1957 | 1987 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 166 | 1% |
May 27, 2026
$230,000
$260,000
-12% Price Drop
Initial Listing
Apr 23, 2026
$260,000
Initial Listing
Dec 6, 2004
$80,000
Public Record
Jan 30, 2003
$100,000
Public Record