43964 Fallon Drive, Lancaster, California 93535, Lancaster, 93535 - 4 bed, 3 bath
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Lancaster, California 93535
This Spacious Multi-Generational Residence is listed at $448,888, positioned accurately at its $448,888 Fair Market Value following strategic price adjustments. The layout features a Grand Cathedral Entryway, a convenient Main-Floor Bedroom, and a versatile Enclosed Patio for additional living space. With a Condition Rating of 4, the home is well-maintained but offers clear potential for forced appreciation through interior updates. Situated within the Antelope Valley Union High School District, it provides a functional foundation for Owner-Occupants or Value-Add Investors seeking a stable suburban asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43964 Fallon Drive Subject | $399,000* List Price | 4 | 3 | 2,055 | $194 | - |
A 43920 Comstock Sold | $460,000 | 4 | 3 | 2,055 | $224 | 0.1 mi |
B 43903 11th Sold | $433,000 | 4 | 3 | 1,980 | $219 | 0.5 mi |
C 1806 E Mesa Drive Sold | $470,000 | 4 | 3 | 2,244 | $209 | 0.3 mi |
D 43461 Huron Sold | $450,000 | 4 | 2 | 1,935 | $233 | 0.7 mi |
E 43610 16th E Sold | $445,000 | 4 | 2 | 1,774 | $251 | 0.5 mi |
F 43646 Rembrandt Street Sold | $500,000 | 4 | 2 | 2,076 | $241 | 0.5 mi |
G 43619 Emile Zola Street Sold | $465,000 | 4 | 2 | 2,046 | $227 | 0.4 mi |
H 44043 Sunview Court Sold | $475,000 | 5 | 3 | 2,244 | $212 | 0.2 mi |
I 43922 Fallon Drive Active | $455,000 List Price | 4 | 3 | 1,829 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, this property is functional and maintained but remains largely unrenovated with dated finishes. The bathrooms feature original gold-trimmed shower enclosures and older tile work, while the interior paint and light fixtures reflect styles from several decades ago. The presence of window AC units in the enclosed patio suggests the primary HVAC may need assistance in Lancaster's climate, and the overall aesthetic requires modernization to meet current 'Good' or 'Excellent' standards.
The inclusion of a full bedroom and bathroom on the main floor offers excellent flexibility for guests, an office, or multi-generational living arrangements.
A grand cathedral-style entryway creates an immediate sense of volume and luxury, complemented by a seamless flow between the kitchen and family areas.
The large, enclosed patio provides a versatile year-round environment for lounging or entertainment, effectively expanding the usable living space.
Multiple price reductions since the initial listing suggest the property has faced challenges with market absorption or initial overvaluation.
Built in 1989, the home may soon require capital expenditures for aging systems or cosmetic updates to align with modern buyer preferences.
The large square footage and 1980s construction may result in high utility costs during Lancaster's extreme summer heat cycles.
Welcome to this beautiful and spacious 4-bedroom, 3-bathroom home nestled in the heart of Lancaster. Step into the grand cathedral-style entryway that leads you into an inviting formal dining area, seamlessly connected to a generous kitchen and expansive family room — perfect for entertaining friends and family. The home offers a desirable layout with one bedroom and one full bathroom conveniently located on the main floor, ideal for guests or multi-generational living. Upstairs, you'll find three additional bedrooms, including a luxurious grand suite featuring an en-suite bathroom. The remaining two upstairs bedrooms are joined by a thoughtfully designed Jack and Jill bathroom, providing both comfort and privacy. Enjoy year-round relaxation in the large, enclosed patio — perfect for lounging, hosting, or even a game of pool. Step outside to a well-maintained backyard, ideal for weekend BBQs and gatherings around the grill. Located just minutes from Palmdale, shopping, dining, and local amenities, this home offers both comfort and convenience. Don't miss the opportunity to make this exceptional property yours!
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 | 2,055 | 1,880 |
| Lot Size | 7,755 | 7,703 |
| Price | $399.0K | $474.8K |
| Price per sq ft | $194 | $271 |
| Built year | 1989 | 1990 |
| HOA | $0 | $140 |
| Days on market | 346 | 62 |
Mar 17, 2026
$399,000
$448,888
-11% Price Drop
Initial Listing
Feb 10, 2026
$448,888
$465,000
-3% Price Drop
Initial Listing
Oct 1, 2025
$465,000
$488,000
-5% Price Drop
Initial Listing
Aug 10, 2025
$488,000
Initial Listing