48240 90th Street W, Lancaster, California 93536, Lancaster, 93536 - 2 bed, 2 bath
ACTIVE$429,000$1,650/sqft
Est. Value: $429,000
%
FairlyEstimate
48240 90th Street W, Lancaster, California 93536
2Beds
2Baths
1,650Sqft
205,191Lot
Price Vs. Estimate
The estimated value ($429,000) is $0 (0%) lower than the list price ($429,000). This property may be overpriced.
Key pros and cons
Top Pros:
Dual Residences & Income Potential: The property features two fully renovated homes on one lot, including a stick-built home and a detached 3-bedroom, 2-bath mobile home, offering excellent potential for rental income or multi-generational living.
Top Cons:
Multiple Price Reductions: The property has undergone two price reductions from its original list price of $459,000 to the current $429,000, which may indicate initial overpricing or challenges in attracting buyers.
Compared to the nearby listings
Price:$429.0K vs avg $550.0K ($-121,000)10%
Size:1,650 sqft vs avg 2,131 sqft23%
Price/sqft:$260 vs avg $26347%
More Insights
Built in 1952 (74 years old).
Condition: Despite being built in 1952, the listing explicitly states both the main stick-built home and the detached mobile home have been 'fully renovated.' The images confirm this, showcasing modern updates throughout. The kitchen features new white shaker cabinets, stainless steel appliances, contemporary countertops, and a subway tile backsplash. Bathrooms in both units are updated with modern vanities, fixtures, and tiled shower surrounds. Flooring is consistent new wood-look laminate/tile, walls are freshly painted, and lighting includes recessed fixtures and modern ceiling fans. These extensive and recent renovations bring the property to current quality standards, making it move-in ready with virtually new components.
Year Built
1952
Close
-
List price
$429K
Original List price
$459K
Price/Sqft
$260
HOA
-
Days on market
-
Sold On
-
MLS number
SR25224044
Home ConditionExcellent
Features
Good View: Mountain(s), Valley, Trees/Woods
ViewMountain(s), Valley, Trees/Woods
About this home
TWO HOMES ON ONE LOT! Nearly 5 acres of ranch living featuring a fully renovated and freshly painted stick built home plus a detached 3 bedroom 2 bath mobile home in the back that has also been fully renovated. Perfect as an in law suite or for rental income. Located off a paved road and close to a local market and gas station for an easy commute. This property was previously used for horse boarding breeding and even operated as a certified poultry hatchery. Equestrian features include around 8 horse stalls a grooming facility 2 turnouts an arena wash rack 2 tack rooms 2 storage sheds and a 16x28 metal barn. A true ranch life dream come true so do not miss this amazing opportunity!
D
David Petikyan
Listing Agent
Nearby schools
4/10
Del Sur Senior Elementary School
Public,•K-8•2.8mi
4/10
Lancaster High School
Public,•9-12•7.2mi
6/10
Quartz Hill High School
Public,•9-12•7.4mi
Condition Rating
Excellent
Despite being built in 1952, the listing explicitly states both the main stick-built home and the detached mobile home have been 'fully renovated.' The images confirm this, showcasing modern updates throughout. The kitchen features new white shaker cabinets, stainless steel appliances, contemporary countertops, and a subway tile backsplash. Bathrooms in both units are updated with modern vanities, fixtures, and tiled shower surrounds. Flooring is consistent new wood-look laminate/tile, walls are freshly painted, and lighting includes recessed fixtures and modern ceiling fans. These extensive and recent renovations bring the property to current quality standards, making it move-in ready with virtually new components.
Pros & Cons
Pros
Dual Residences & Income Potential: The property features two fully renovated homes on one lot, including a stick-built home and a detached 3-bedroom, 2-bath mobile home, offering excellent potential for rental income or multi-generational living.
Extensive Equestrian Facilities: Equipped for ranch life, the property boasts around 8 horse stalls, a grooming facility, 2 turnouts, an arena, wash rack, 2 tack rooms, 2 storage sheds, and a 16x28 metal barn, catering to serious equestrian enthusiasts.
Large Acreage & Versatile Land Use: Spanning nearly 5 acres (205,191 sqft), the land provides ample space for various agricultural pursuits, having previously operated as a horse boarding, breeding, and certified poultry hatchery.
Recent Renovations: Both the main stick-built home and the mobile home have been fully renovated and freshly painted, reducing immediate maintenance and upgrade costs for a new owner.
Scenic Views & Rural Charm: The property offers picturesque views of mountains, valleys, and trees/woods, providing a serene and desirable rural living environment.
Cons
Multiple Price Reductions: The property has undergone two price reductions from its original list price of $459,000 to the current $429,000, which may indicate initial overpricing or challenges in attracting buyers.
Age of Main Structure: Built in 1952, the main stick-built home is over 70 years old. While renovated, older underlying systems (plumbing, electrical, foundation) may require future attention or higher maintenance.
Rural Location & Commute: While offering ranch living, the property's location on 90th Street W in Lancaster suggests a more rural setting, with high schools located over 7 miles away, which might be a drawback for buyers seeking closer proximity to urban amenities or shorter school commutes.