45320 Kingtree, Lancaster, California 93534, Lancaster, 93534 - 5 bed, 3 bath
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Lancaster, California 93534
This Turnkey Multi-Generational Residence is a Strong Value Opportunity, listed at $520,000—positioned above the $499,366 Fair Market Value. While priced slightly above market, the property features a newly constructed attached ADU, providing significant income potential or flexible living arrangements. With a Condition Rating of 2, the home offers a modern granite kitchen, designer bathrooms, and new engineered flooring. Despite lower-rated local schools, the turnkey nature and dual-living utility make this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45320 Kingtree Subject | $520,000* List Price | 5 | 3 | 1,606 | $311 | - |
A 45517 Kingtree Avenue Sold | $476,999 | 5 | 3 | 1,787 | $267 | 0.3 mi |
B 45318 Gadsden Avenue Sold | $575,000 | 4 | 2 | 1,489 | $386 | 0.2 mi |
C 45638 Fig Sold | $424,000 | 4 | 2 | 1,662 | $255 | 0.5 mi |
D 1149 W Avenue H11 Sold | $510,000 | 4 | 3 | 1,489 | $343 | 0.8 mi |
E 1203 W Avenue H8 Sold | $415,000 | 4 | 2 | 1,323 | $314 | 0.3 mi |
F 1209 W Avenue H8 Sold | $405,000 | 4 | 2 | 1,287 | $315 | 0.4 mi |
G 1380 Indian Sage Pending | $399,000 List Price | 3 | 2 | 1,541 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent remodel and includes a newly constructed ADU. Key updates include a modern kitchen with granite countertops, bathrooms with designer tile and frameless glass enclosures, new engineered wood flooring, and updated HVAC systems. The interior is in mint, turnkey condition, meeting the criteria for a renovation completed within the last 5 years.
The property features a newly constructed, modern attached ADU with its own A/C and appliances, providing an excellent opportunity for rental income or multi-generational living.
Both the main residence and ADU boast high-end finishes, including engineered wood flooring, granite countertops, and designer bathrooms with matte black hardware, offering a completely move-in-ready experience.
Equipped with central A/C in the main house and a dedicated cooling system in the ADU, the property ensures modern comfort and efficiency, which is a significant asset in the Lancaster climate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6202, other record lot size in square feet = 6139. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1606, other record living area = 1486.
The assigned public schools for this location have low performance ratings (ranging from 2 to 3 out of 10), which may limit appeal for families prioritizing education quality.
Despite the extensive cosmetic and interior upgrades, the original 1955 construction may still feature aging underlying structural or utility components that could require future maintenance.
Welcome to this beautifully remodeled 4-bedroom, 2-bathroom home in the heart of Lancaster, featuring a newly built modern attached ADU — perfect for extended family, guests, or additional rental income. The main residence seamlessly blends contemporary upgrades with warm, inviting charm, offering a bright and comfortable living space complete with central A/C. Step inside to an open-concept floor plan filled with abundant natural light. The spacious living and dining areas showcase stylish engineered wood flooring, while the updated kitchen features granite countertops, wood cabinetry, a gas stove with custom wood hood range, dishwasher, and a cozy breakfast nook. All four bedrooms continue the elegant engineered flooring, and both full bathrooms have been tastefully remodeled with designer tile showers, frameless glass enclosures, and sleek matte black hardware and finishes. The expansive backyard offers endless possibilities for entertaining, relaxing, or creating your own private outdoor retreat. Adding tremendous value is the newly constructed attached ADU, complete with engineered flooring, new appliances, A/C, and a beautifully designed modern bathroom featuring a walk-in tiled shower with matte black fixtures and hardware. Conveniently located near the 14 Freeway, shopping, dining, and public transportation, this turnkey property offers modern living with excellent income potential.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 1,606 | 1,389 | 69% |
| Lot Size | 6,202 | 7,000 | 19% |
| Price | $520.0K | $412.0K | 87% |
| Price per sq ft | $324 | $294 | 72% |
| Built year | 1955 | 1956 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 151 | 1% |
May 19, 2026
$520,000
Initial Listing
Aug 19, 2024
$580,000
Public Record
May 8, 2024
$340,000
Public Record
Oct 20, 2006
$295,000
Public Record
Jan 24, 2005
$204,000
Public Record
May 31, 2002
$70,000
Public Record