44053 Canyon Way, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 2 bath
44053 Canyon Way
Lancaster, California 93535
Property Price
SUMMARY
Analysis of 44053 Canyon Way, Lancaster, California 93535 reveals a Prime Investment Opportunity with a current list price of $349,000—significantly undercutting the $381,324 Fair Market Value by 8%. This valuation gap indicates a +$32,324 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lancaster Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44053 Canyon Way Subject | $349,000* List Price | 2 | 2 | 1,208 | $316 | - |
A 1024 Herzel Avenue Sold | $453,000 | 3 | 2 | 1,422 | $319 | 0.9 mi |
B 44117 Parkview Lane Active | $380,000 List Price | 3 | 2 | 1,208 | $315 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1984, the property has undergone an extensive recent renovation, making it move-in ready with no deferred maintenance. Key updates include new vinyl wood flooring throughout, a modernized kitchen with stainless steel appliances, and fully updated bathrooms, meeting the standards for a recently renovated high-quality home.
PROSSTRENGTHS & OPPORTUNITIES
- Move-In Ready Condition
The home features extensive modern updates, including vinyl wood flooring, a remodeled kitchen with stainless steel appliances, and updated bathrooms, allowing for immediate occupancy without the need for renovations.
- Open Concept & Natural Light
The seamless flow between the living, dining, and kitchen areas, combined with abundant windows and a cozy fireplace, creates a bright and inviting atmosphere for residents.
- Private Outdoor Space
The property includes a well-maintained backyard with a patio and grassy area, providing a functional and private outdoor space for entertaining and relaxation.
CONSRISKS & DEFICIENCIES
- Limited Bedroom Count
With only two bedrooms, the property may have limited appeal for larger families or buyers requiring a dedicated home office space.
- Compact Lot Size
The 4,279-square-foot lot is relatively small for the Lancaster area, which may restrict future expansions or large-scale outdoor landscaping projects.
About 44053 Canyon Way
Welcome to this beautifully updated, move-in-ready home. The property features updated vinyl wood flooring throughout and a spacious living room with a fireplace, complemented by abundant windows that fill the space with natural light. The living and dining areas flow seamlessly into the updated kitchen, which showcases stainless steel appliances. The primary bedroom offers a large closet and an updated bathroom with a tub and stand-up shower combination. The second bedroom also features a generously sized closet. Step outside to enjoy the backyard with a patio and grassy area, perfect for entertaining family and friends.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1984
- Lot Size
- 4,279 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,208 | 1,633.5 | 12% |
| Lot Size | 4,279 | 7,060.5 | 2% |
| Price | $349.0K | $440.0K | 8% |
| Price per sq ft | $289 | $266 | 63% |
| Built year | 1984 | 1988 | 35% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 178 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$349,000
Initial Listing
Sold
May 10, 2024
$400,000
Public Record
Sold
Mar 12, 2024
$185,000
Public Record
Sold
Sep 7, 2001
$84,500
Public Record