7229 Columbia, Lancaster, California 93536, Lancaster, 93536 - 3 bed, 3 bath

7229 Columbia, Lancaster, California 93536 home-pic-0

7229 Columbia

Lancaster, California 93536

ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,775Sq Ft
15,660Lot Size

Property Price

LIST PRICE$499,000
EST. MARKET VALUE
$516,145
3% BelowMARKET VALUE

SUMMARY

Analysis of 7229 Columbia, Lancaster, California 93536 reveals a Prime Investment Opportunity with a current list price of $499,000—significantly undercutting the $516,145 Fair Market Value by 3%. This valuation gap indicates a +$17,145 Instant Equity potential for buyers. 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.

Estimated Market Value

$516,145 +$17,145 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lancaster.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
7229 Columbia
Subject
$499,000*
List Price
331,775$291-
A
42067 Jenny Lane
Sold
$610,000322,276$2680.3 mi
B
42060 Jenny Lane
Active
$600,000
List Price
331,891$3170.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1959, this property is well-maintained but largely reflects its original mid-century era with older updates. While the home features upgraded laminate flooring and a clean interior, the kitchen and bathrooms appear dated with older cabinetry, tile countertops, and aged appliances. It fits the 'fair' criteria as a functional, lived-in home that has been maintained through regular upkeep but lacks recent comprehensive renovations to its major systems and aesthetic features.

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 = 15660, living area = 1775.

  • Expansive Corner Lot

    The property sits on a massive 15,000+ sq ft lot featuring mature, forest-like landscaping and convenient RV access, providing rare privacy and outdoor versatility.

  • Versatile Floor Plan

    With a dedicated private office and an extra-large bonus room, the layout is highly adaptable for modern needs such as a home gym, daycare, or professional workspace.

CONSRISKS & DEFICIENCIES

  • Aging Infrastructure

    Built in 1959, the home may require significant capital improvements to major systems like plumbing, electrical, or HVAC to meet modern efficiency standards.

  • High Landscape Maintenance

    The extensive mature greenery and large lot size demand substantial ongoing maintenance and water costs, which can be a burden in the high desert climate.

About 7229 Columbia

Welcome to this charming mid-century home in desirable West Lancaster, offering 1,775 SF of living space on an expansive 15,000+ SF, corner lot. Surrounded by mature, forest-like landscaping, this well-maintained property provides PRIVACY, space, and versatility. Featuring 3-BEDS, 3-BATHS, 2-FIREPLACES, SUNKEN LIVING ROOM, private office (original use was a formal dining room) PLUS a 500 SF BONUS ROOM - perfect for a yoga studio or gym, creative work space, in-home care suite, or potential rental use. This space adapts to your lifestyle. UPGRADED LAMINATE WOOD FLOORING flows throughout most of the home. Enjoy SPACIOUS YARDS on all sides of the property, RV ACCESS parking, a 2-car garage, a COVERED PATIO, recent trimmed trees and fresh mulch. Retaining its mid-century charm and CLASSIC RANCH-STYLE COMFORTS, this home offers nastalgia, tranquility and PLENTY OF SPACE for personal upgrades - a RARE opportunity you won't want to miss!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1959
Lot Size
15,660 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 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 • 5.3 mi

4/10

Quartz Hill High School

Grades 9-12 • 1.5 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
40%
Baths3.02.0
50%
Square foot1,7752,069
32%
Lot Size15,6609,560
79%
Price$499.0K$545.0K
29%
Price per sq ft$281$268
60%
Built year19591990
10%
HOA$0$0
50%
Days on market6196
0%

Pricing History

Listed for Sale

Feb 28, 2026

$499,000

Initial Listing

Sold

Jul 7, 2004

$270,000

Public Record

Sold

May 4, 1998

$109,000

Public Record

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