5701 E Avenue E, Lancaster, California 93535, Lancaster, 93535 - 3 bed, 2 bath
ACTIVE$529,990
5701 E Avenue E, Lancaster, California 93535
3Beds
2Baths
1,628Sqft
1,761,917Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
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 = 1761917, living area = 1628.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1761917, other record lot size in square feet = 1761416.
Compared to the nearby listings
Price:$530.0K vs avg $440.0K (+$89,990)93%
Size:1,628 sqft vs avg 1,580 sqft54%
Price/sqft:$326 vs avg $26984%
More Insights
Built in 1986 (39 years old).
Condition: Despite being built in 1986, the property has undergone a full and extensive renovation, as explicitly stated in the description and clearly visible in the images. The kitchen is completely new with quartz countertops, custom white shaker cabinets, and stainless steel appliances. Bathrooms are described as 'stylishly updated' with new plank flooring, matching the new flooring throughout the living areas and new carpet in bedrooms. The interior and exterior paint are brand new, and all visible components appear virtually new, meeting current quality standards with no deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Year Built
1986
Close
-
List price
$530K
Original List price
$540K
Price/Sqft
$326
HOA
-
Days on market
-
Sold On
-
MLS number
SR25266916
Home ConditionExcellent
Features
Good View: Desert
ViewDesert
About this home
Welcome to your private retreat! This fully renovated home sits on an expansive 40-acre lot, offering unparalleled privacy and space. A standout feature is the massive 2,250 square foot workshop, equipped with multiple roll-up doors, ideal for projects or storage. The property also includes an oversized two-car garage, providing ample space for vehicles and storage. The house welcomes you with brand-new interior and exterior paint, a spacious great room, and new plank flooring in the kitchen, living room, and bathrooms, with cozy new carpet in the bedrooms. The completely new kitchen features quartz countertops, stainless steel appliances, and custom cabinets, perfect for culinary enthusiasts. The stylishly updated bathrooms, along with the serene surroundings, make this home a perfect blend of luxury and tranquility. Surrounded by nature and complete with some fencing, this property offers a rare opportunity for those seeking space to live, work, and play.
Price History
Date
Event
Price
08/09/24
Sold
$225,000
Condition Rating
Excellent
Despite being built in 1986, the property has undergone a full and extensive renovation, as explicitly stated in the description and clearly visible in the images. The kitchen is completely new with quartz countertops, custom white shaker cabinets, and stainless steel appliances. Bathrooms are described as 'stylishly updated' with new plank flooring, matching the new flooring throughout the living areas and new carpet in bedrooms. The interior and exterior paint are brand new, and all visible components appear virtually new, meeting current quality standards with no deferred maintenance. This aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons
Pros
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 = 1761917, living area = 1628.
Expansive 40-Acre Lot & Privacy: The property boasts an unparalleled 40-acre lot, offering exceptional privacy and vast space for various uses, a rare find in today's market.
Massive 2,250 sqft Workshop: A standout feature is the substantial 2,250 square foot workshop with multiple roll-up doors, providing immense utility for projects, storage, or business operations.
Full Recent Renovation: The home has undergone a complete renovation, including brand-new interior and exterior paint, new flooring throughout, and stylishly updated bathrooms, offering a turnkey living experience.
Modern Kitchen with Upgrades: The kitchen is completely new, featuring quartz countertops, stainless steel appliances, and custom cabinets, appealing to culinary enthusiasts and modern living.
Oversized Two-Car Garage: The property includes an oversized two-car garage, providing ample space for vehicles, additional storage, or a dedicated workspace.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1761917, other record lot size in square feet = 1761416.
Geographic Isolation & Desert Climate: While offering privacy, the Lancaster desert location may be perceived as remote by some buyers seeking closer proximity to urban amenities or a different climate.
Significant Price Appreciation: The property's list price of $529,990 represents a substantial increase from its August 2024 sale price of $225,000, which may require thorough justification for potential buyers.
Potential for Unaddressed Original Systems: Despite extensive cosmetic renovations, the 1986 build year means core systems (e.g., plumbing, electrical, HVAC) might not have been fully replaced, potentially leading to future maintenance or efficiency concerns.