47347 92nd Street, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 2 bath
47347 92nd Street
Lancaster, California 93536
Property Price
SUMMARY
Analysis of 47347 92nd Street, Lancaster, California 93536 is currently available with a list price of $449,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1992, this property is functional and appears to be maintained, but the interior, particularly the kitchen and bathrooms, is significantly dated. The kitchen features original-style oak cabinets, tile countertops, and older black appliances. Bathrooms have dated vanities, Hollywood lighting, and gold-trimmed shower doors. While the ceramic tile flooring is consistent and appears in good condition, the overall aesthetic, including strong wall colors and light fixtures, reflects its age and would require substantial cosmetic updates to meet current market expectations. Major systems are likely original or older, aligning with a property built over 30 years ago with no major renovations since construction.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 108093, living area = 1924.
- Expansive Lot & Development Potential
The property boasts a significant 2.5-acre, fully fenced lot, offering ample space for expansion, the addition of an ADU, workshop, or other custom projects, providing immense flexibility for future development.
- Privacy & Rural Lifestyle
Located in Antelope Acres, this private and spacious property provides a quiet, rural living environment, ideal for those seeking an escape from city noise and a more serene lifestyle.
CONSRISKS & DEFICIENCIES
- Rural Location & Commute
While offering privacy, the Antelope Acres location may be considered remote by some buyers, potentially leading to longer commutes to urban centers, essential amenities, and schools.
- Potential for Dated Systems/Finishes
Built in 1992, the property description does not specify recent major renovations to key areas like the kitchen or bathrooms, or mention updated HVAC, plumbing, or electrical systems, suggesting potential for future modernization costs.
- Recent Price Reduction
The property experienced a $10,000 price reduction from its original listing, which could indicate a slower market response or that the initial pricing was not aligned with buyer expectations.
About 47347 92nd Street
Endless potential meets wide-open living on this bold 2.5-acre lot in Antelope Acres. This private, fully fenced property delivers serious space and flexibility, ideal for anyone craving room to breathe, build, or bring big ideas to life. Shaded by mature trees and designed for outdoor enjoyment, the lot is primed for expansion with plenty of space to add an ADU, workshop, or anything else you envision. Step inside the nearly 2,000 square foot home featuring three oversized bedrooms plus a separate office that easily doubles as a fourth bedroom. The living room makes a statement with gleaming ceramic tile floors and a dramatic stone fireplace that sets the tone for cozy evenings and casual entertaining. The open kitchen flows into a dedicated dining space, perfect for everyday meals or festive gatherings. Out back, the garage has serious potential as a creative studio, home gym, or guest suite. Whether you are looking to spread out, build up, or escape the noise of city life, this property offers freedom, flexibility, and a fresh start. Make your move. Opportunities like this do not come around often.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 108,093 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lancaster Unified Schools
Del Sur Senior Elementary School
Grades K-8 • 1.7 mi
Quartz Hill High School
Grades 9-12 • 6.5 mi
Lancaster High School
Grades 9-12 • 6.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,924 | 2,069 | 43% |
| Lot Size | 108,093 | 9,560 | 92% |
| Price | $449.0K | $545.0K | 14% |
| Price per sq ft | $233 | $267 | 30% |
| Built year | 1992 | 1990 | 51% |
| HOA | $0 | $0 | 50% |
| Days on market | 276 | 196 | 87% |
Pricing History
Listed for Sale
Sep 18, 2025
$449,000
Initial Listing
Price Change
Jun 3, 2025
$459,000
Initial Listing