
Lancaster, California 93535
This Spacious Modern Residence is a Strong Value Opportunity, listed at $399,999—positioned well below the $427,502 Fair Market Value by 6%. This valuation gap offers $27,503 in Instant Equity for savvy buyers. The home maintains a Condition Rating of 3, featuring a Granite Kitchen, Master Spa Tub, and an open floor plan. While the Large Backyard and interior flooring offer room for value-add improvements, the 2006 construction ensures structural reliability. This is an ideal entry-level asset for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 45502 Standridge Subject | $399,999* List Price | 3 | 2 | 1,443 | $296 | - |
A 3339 James Sold | $435,000 | 3 | 2 | 1,386 | $314 | - |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property falls within the 10-20 year age range for a 'good' rating. The home features desirable granite countertops and updated wood-look tile flooring in the bathroom. While the carpets show visible wear and the exterior landscaping is currently neglected with significant weed growth, the structure and major systems appear functional and the home remains move-in ready for a first-time buyer or investor.
Built in 2006, the home features an open floor plan with desirable upgrades including granite countertops in the kitchen and a master suite equipped with a spa tub.
The property sits on a generous nearly 7,000-square-foot lot, offering a large backyard with sufficient space to install a pool or create an expansive outdoor entertainment area.
Following several strategic price reductions from the original list price, the property is now positioned as an attractive entry-level option for first-time buyers or investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 6764.
The assigned public schools for this location carry low performance ratings (ranging from 2 to 3 out of 10), which may be a concern for families prioritizing education.
The history of multiple price drops within a short period suggests the property has struggled to gain traction at its initial valuation, potentially indicating a cooling local demand.
Opportunity meets value at this beautiful home 3-bedroom, 2-bath home offering a renovated kitchen. Designed for both comfort and practicality, the home features a spacious 2-car garage. The property also features a professionally maintained Sunrun Solar System. Enjoy the renewable energy. Solar panels to be paid by seller at close of escrow. This house is conveniently located near the 14 Freeway for easy commuting, shopping, and everyday essentials. A strong choice for first-time buyers or anyone looking for space, functionality, and location at an exceptional value. Property needs some TLC, but the seller is working on it to have it ready for the new owner!!!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.1 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,443 | 1,605 | 36% |
| Lot Size | 6,969.6 | 7,084 | 45% |
| Price | $400.0K | $440.0K | 27% |
| Price per sq ft | $277 | $266 | 58% |
| Built year | 2006 | 1988 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 181 | 6% |
Mar 24, 2026
$399,999
$424,900
-6% Price Drop
Initial Listing
Mar 17, 2026
$424,900
$435,000
-2% Price Drop
Initial Listing
Mar 15, 2026
$435,000
$445,975
-2% Price Drop
Initial Listing
Feb 18, 2026
$445,975
Initial Listing
Aug 25, 2017
$225,000
Public Record
Oct 16, 2014
$165,000
Public Record
Aug 18, 2010
$115,000
Public Record
Dec 15, 2006
$293,500
Public Record
Oct 6, 2006
$253,000
Public Record