4776 W Avenue J5, Lancaster, California 93536, Lancaster, 93536 - 5 bed, 3 bath

4776 W Avenue J5, Lancaster, California 93536 home-pic-0
ACTIVE$650,000$3,391/sqft
Est. Value: $650,000
%
FairlyEstimate
4776 W Avenue J5, Lancaster, California 93536
5Beds
3Baths
3,391Sqft
6,822Lot

Price Vs. Estimate

The estimated value ($650,000) is $0 (0%) lower than the list price ($650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Spacious & Family-Oriented Design: A large 3391 sqft Cape Cod home with 5 bedrooms and 3 baths, ideal for family living or as an investment property.
Top Cons:
Overpriced Relative to Market Estimation: The current listing price of $650,000 exceeds the estimated property value of $621,837.78, suggesting it may be priced above current market expectations.

Compared to the nearby listings

Price:$650.0K vs avg $550.2K (+$99,750)85%
Size:3,391 sqft vs avg 2,135.5 sqft94%
Price/sqft:$192 vs avg $2638%

More Insights

Built in 2005 (21 years old).
Condition: The property was built in 2005, making it 19 years old, which falls within the 'Good' condition criteria for age (10-20 years). The description highlights an 'amazing kitchen with stainless steel appliances,' indicating modern and functional kitchen features. Additionally, the presence of paid-off solar panels, an EV charge point, and HD security cameras suggests recent upgrades and good overall maintenance. The exterior images show a well-kept home with no visible signs of disrepair. While not extensively renovated within the last 5 years to qualify as 'Excellent,' it is clearly move-in ready with well-maintained systems and updated components.
Year Built
2005
Close
-
List price
$650K
Original List price
$675K
Price/Sqft
$192
HOA
-
Days on market
-
Sold On
-
MLS number
OC25221522
Home ConditionGood
Features
ViewNeighborhood

About this home

Beautiful and large Cape Cod home perfect for family use or investment property. The property is located in a desirable neighborhood in Lancaster, and has paid off solar panels with EV Charge point and 4-Car garage. It also has 5 bedrooms, 3 baths and amazing kitchen with stainless steel appliances. There is a gated RV entrance and RV concrete pad, HD security cameras, ring door bell camera, and beautiful landscaped back yard. The house is close to lovely parks, shopping district, and nice restaurants.

B
Benjamin Iserhien
Listing Agent
Condition Rating
Good

The property was built in 2005, making it 19 years old, which falls within the 'Good' condition criteria for age (10-20 years). The description highlights an 'amazing kitchen with stainless steel appliances,' indicating modern and functional kitchen features. Additionally, the presence of paid-off solar panels, an EV charge point, and HD security cameras suggests recent upgrades and good overall maintenance. The exterior images show a well-kept home with no visible signs of disrepair. While not extensively renovated within the last 5 years to qualify as 'Excellent,' it is clearly move-in ready with well-maintained systems and updated components.
Pros & Cons

Pros

Spacious & Family-Oriented Design: A large 3391 sqft Cape Cod home with 5 bedrooms and 3 baths, ideal for family living or as an investment property.
Advanced Energy & EV Infrastructure: Equipped with paid-off solar panels for reduced utility costs and an EV Charge point, appealing to environmentally conscious buyers.
Exceptional Parking & RV Accommodation: Features a 4-car garage and a gated RV entrance with a concrete pad, offering significant utility for multiple vehicles and recreational equipment.
Enhanced Security System: Includes HD security cameras and a Ring doorbell camera, providing modern security and peace of mind.
Desirable Neighborhood & Local Amenities: Located in a desirable Lancaster neighborhood with convenient access to parks, shopping districts, and restaurants.

Cons

Overpriced Relative to Market Estimation: The current listing price of $650,000 exceeds the estimated property value of $621,837.78, suggesting it may be priced above current market expectations.
Recent Price Reduction: The property has already undergone a price reduction from $675,000 to $650,000, which could indicate initial overpricing or a struggle to attract offers at a higher price point.
Limited Outdoor Space Relative to Home Size: With a 3391 sqft home on a 6822 sqft lot, the backyard space might be perceived as limited for a property of this scale, potentially impacting buyers seeking extensive outdoor amenities.
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