43922 Fallon Drive, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
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Lancaster, California 93535
This property presents a High-Potential Investment Opportunity with a List Price of $455,000—positioned well below the $436,197 Fair Market Value by -4%. While the property is currently listed above the estimated market value, its 4-bedroom, 1,829 sqft layout and covered patio provide a solid foundation for value-add renovations. Given the Fair Condition Rating and the need for maintenance, this asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a strategic renovation plan to maximize long-term rental demand in the Antelope Valley Union district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43922 Fallon Drive Subject | $455,000* List Price | 4 | 3 | 1,829 | $238 | - |
A 43920 Comstock Sold | $460,000 | 4 | 3 | 2,055 | $224 | 0.1 mi |
B 1605 Bluebell Sold | $435,000 | 4 | 3 | 1,637 | $266 | 0.1 mi |
C 44200 Gillan Avenue Sold | $495,000 | 4 | 3 | 1,780 | $278 | 0.7 mi |
D 43610 16th E Sold | $445,000 | 4 | 2 | 1,774 | $251 | 0.4 mi |
E 44043 Sunview Court Sold | $475,000 | 5 | 3 | 2,244 | $212 | 0.3 mi |
F 44633 Calston Sold | $449,000 | 4 | 2 | 1,813 | $248 | 0.9 mi |
G 1806 E Mesa Drive Sold | $470,000 | 4 | 3 | 2,244 | $209 | 0.3 mi |
H 44606 Foxboro Court Sold | $450,000 | 4 | 3 | 1,899 | $237 | 0.9 mi |
I 43964 Fallon Drive Active Under Contract | $399,000 List Price | 4 | 3 | 2,055 | $194 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989 (37 years old), the property exceeds the 20-year threshold for Fair condition. While the interior shows some cosmetic updates like newer flooring and painted kitchen cabinets, the listing explicitly states a need for 'maintenance and TLC,' and the exterior landscaping is currently neglected.
Featuring 4 bedrooms and over 1,800 square feet of living space, this home provides a generous and functional floor plan ideal for growing families.
Located in a well-established and desirable area of Lancaster, the property offers a stable residential setting within the Antelope Valley Union school district.
The inclusion of a covered patio and a 6,227 square foot lot offers significant potential for outdoor entertaining and personalized landscaping.
The property is explicitly listed as needing 'TLC' and maintenance, indicating that a buyer will need to budget for immediate repairs and cosmetic renovations.
With 111 days on the market and a price increase from the original listing, the property may face challenges regarding buyer perception of value versus its current condition.
Great opportunity to own this beautiful & spacious home in a desirable neighborhood. This property features 4 bedrooms, 2½ bathrooms; 2 car garage, covered patio. This home is located in a well establish neighborhood. Property is in need of maintenance and TLC.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,829 | 1,880 |
| Lot Size | 6,227 | 7,703 |
| Price | $455.0K | $474.8K |
| Price per sq ft | $249 | $271 |
| Built year | 1989 | 1990 |
| HOA | $0 | $140 |
| Days on market | 120 | 62 |
Jun 25, 2026
$455,000
$390,000
+17% Price Increase
Initial Listing
Mar 25, 2026
$390,000
Initial Listing
Apr 13, 2023
$460,000
Public Record
May 24, 2019
$288,000
Public Record