43341 Elizabeth, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
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Lancaster, California 93535
This Spacious Move-In Ready REO is listed at $544,777, offering exceptional value right at its $538,511 Fair Market Value. Built in 2005, this residence boasts a Good Condition Rating and a generous 2,927 square foot interior featuring a 4-bedroom layout, a rare 3-car garage, and a pleasant Neighborhood View. With comparable sales supporting this price point, the home provides a modern lifestyle sanctuary within the Palmdale school district. This well-maintained property is a premier choice for Owner-Occupants or multi-generational families seeking a polished, stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43341 Elizabeth Subject | $519,777* List Price | 4 | 3 | 2,927 | $180 | - |
A 43238 Elizabeth Sold | $539,900 | 4 | 3 | 2,530 | $213 | 0.1 mi |
B 1563 Marion Avenue Sold | $530,000 | 5 | 3 | 2,890 | $183 | 0.4 mi |
C 1616 Thomas Drive Sold | $525,000 | 4 | 3 | 2,662 | $197 | 0.4 mi |
D 43637 Rembrandt Sold | $424,900 | 5 | 3 | 2,393 | $178 | 0.4 mi |
E 1124 E Avenue K14 Sold | $440,000 | 4 | 3 | 2,262 | $195 | 0.6 mi |
F 1311 Camran Avenue Active | $489,900 List Price | 4 | 3 | 2,637 | $186 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property falls within the 10-20 year age bracket for a 'good' rating. The home is described as move-in ready and well-maintained, which is rare for an REO (bank-owned) property. It features a modern 2,927 sq ft layout, a 3-car garage, and functional systems. While the kitchen and bathrooms likely feature original 2005 finishes, the overall condition is solid with no immediate major renovations required.
Unlike typical foreclosure properties, this bank-owned home is in good condition, allowing buyers to occupy the property immediately without the burden of heavy renovation costs.
Offering nearly 3,000 sq ft of interior space, the home provides a generous layout that easily accommodates multi-generational living or flexible work-from-home needs.
The rare 3-car garage provides significant added value for vehicle storage, a home workshop, or additional utility space that is highly sought after by buyers.
The property is sold strictly in its current state, meaning the seller will not provide credits or perform repairs for any defects discovered during inspections.
As an REO sale, the transaction is subject to specific lender terms and internal approvals, which can sometimes result in a more rigid or prolonged closing timeline.
Located in Lancaster, the property is subject to extreme seasonal temperature fluctuations, which may necessitate higher ongoing utility costs for climate control.
BACK ON MARKET — MAJOR PRICE REDUCTION! Fell out of escrow and now priced to MOVE at $519,777 — this is your second chance to secure a bank-owned opportunity that already had multiple offers! This is NOT your typical foreclosure. Built in 2005 and offering approximately 2,927 sq ft of living space on an 8,251 sq ft lot, this REO property is in good, move-in condition — a rare find at this price point. Featuring 4 bedrooms, 3 full bathrooms, and a 3-car garage, this home delivers the space, layout, and value today’s buyers are searching for. Situated on a short, low-traffic street, it offers both privacy and functionality. The large backyard provides endless potential for entertaining, expansion, or adding your personal touch. Whether you’re an owner-occupant or investor, this property checks the boxes for size, condition, and upside. ?? Previously in escrow with multiple offers ?? Now aggressively priced for immediate action ?? Incredible value for nearly 3,000 sq ft This WILL move quickly again — don’t miss your opportunity. Sold As-Is. Bank-owned property. Submit your highest and best 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 | 3.0 | 2.0 | 65% |
| Square foot | 2,927 | 1,622 | 97% |
| Lot Size | 8,251 | 7,091 | 72% |
| Price | $519.8K | $440.0K | 86% |
| Price per sq ft | $178 | $265 | 7% |
| Built year | 2005 | 1988 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 84 | 181 | 12% |
Mar 18, 2026
$519,777
$544,777
-5% Price Drop
Initial Listing
Jan 28, 2026
$544,777
Initial Listing
May 19, 2021
$500,000
Public Record
Feb 23, 2006
$428,000
Public Record