47721 222nd W, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 2 bath
Loading property details...
Lancaster, California 93536
This Renovated Ranch Estate represents a Prime Investment Opportunity, listed at $499,900—positioned well below the $519,849 Fair Market Value by 3%. This valuation gap provides $19,949 in Instant Equity. The property maintains a Like-New Condition Rating after a comprehensive $500,000 renovation, featuring a quartzite farmhouse kitchen, high-end SMEG appliances, and panoramic mountain views. With nearly 20 acres across five parcels and versatile LCA25 zoning, the site offers immense potential for agricultural or equestrian use within the Westside Union district. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors.
Property is new construction or fully renovated.
Although originally built in 1947, this property has undergone an extensive $500,000 renovation within the last five years, effectively making it a like-new structure. The renovation covered all major systems including a newer roof, electrical, plumbing, and a modern Mitsubishi mini-split HVAC system. The interior features high-quality finishes such as quartzite countertops, a modern farmhouse kitchen with premium stainless steel appliances (including a SMEG retro fridge), waterproof wood-look plank flooring, and fully updated bathrooms with vintage-inspired reclaimed fixtures. The property shows no signs of deferred maintenance and meets current modern quality standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 842886, living area = 1360.
With nearly $500,000 invested in the last five years, the property features comprehensive upgrades to major systems including a newer roof, electrical, plumbing, and energy-efficient Mitsubishi mini-splits, ensuring a turnkey experience.
Comprised of five adjoining parcels totaling nearly 20 acres and zoned LCA25, the land offers immense potential for diverse uses such as equestrian facilities, agriculture, a winery, or a private shooting range.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =842886, other record lot size in square feet = 178824.
The property's rural setting, while private and scenic, results in a significant commute to major urban centers and may limit immediate access to standard suburban amenities and services.
At 1,360 square feet, the home's interior footprint is relatively modest compared to the expansive 20-acre lot, which may be a drawback for buyers seeking a larger primary residence.
Incredible unique single level RENOVATED ranch style VIEW home with an eclectic vibe on just under twenty acres comprised of five adjoining parcels zoned LCA25! Close to one half million dollars (500K! with property costs and improvement receipts to prove it!) has been spent on this property over the past five years, completely renovating just about every aspect of the structure including a newer roof, energy efficient insulation & Mitsibushi mini-split heatpump system, framing, drywall, asbestos removal, plumbing, electrical, fixtures, windows, reclaimed solid wood interior doors, updated entry and side doors, waterproof simulated wood look plank floors, exterior infrastructure; well pump system, water pipes, and septic waste system. The interior has an open Floor plan with exposed beams ceiling, newly installed drywall and custom overhead lamp lighting. Stay toasty warm with the Lopi wood pellet stove and enjoy the most scenic view of the valley and mountains. The modern farmhouse kitchen features an extra large center island with a solid quartzite counter, stainless dishwasher, slide in electric range, drop down stainless steel venthood, and a newer adorable SMEG retro fridge. Updated baths and more! Primary bath has separate shower and reclaimed vintage soaking tub and vintage reclaimed sinks in both baths, and kitchen. Newer hot water heater, water softening system, and washer/dryer hookups in the mud room. There are numerous outbuildings, and structures! Two RV hook- ups!! Plenty of acres that could be used for farming, agricultural, equestrian activities, kennels, winery, animal care, nursery, shooting range, motocross track, buyer to verify all, land use, zoning, etc. formerly known as Prancing Pony Ranch, which still shows up on Google. Nearby Portal Ridge Wildlife Preserve, Arthur B. Ripley State Park, 7,000 acres for hiking and horseback riding trails one mile away. California Poppy Reserve about five miles away and excellent fishing nearby. Tejon Ranch Hard Rock Casino, commercial corridor, and aerospace companies are all nearby! You do not want to miss out on this slice of heaven!! Approximately one hour and fifteen minutes to L.A.! One of a kind property located in Los Angeles county. *Tax records indicate 1 bath, however, there are two baths.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,360 | 1,974 | 10% |
| Lot Size | 842,886 | 9,355 | 99% |
| Price | $499.9K | $535.0K | 34% |
| Price per sq ft | $368 | $274 | 93% |
| Built year | 1947 | 1991 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 184 | 2% |
Mar 7, 2026
$499,900
Initial Listing
May 29, 2020
$98,000
Public Record
Apr 14, 1999
$127,500
Public Record