8718 W Avenue D12, Lancaster, California 93536, Lancaster, 93536 - 4 bed, 2 bath
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Lancaster, California 93536
This property presents a High-Potential Investment Opportunity with a List Price of $409,000—positioned well below the $317,198 Fair Market Value by -28%. Featuring a Condition Rating of 5, this unfinished renovation project requires significant capital to complete. However, the 2.5-acre lot and mountain views provide a rare foundation for custom development. Given the extensive interior work needed, this asset is best suited for Fix-and-Flip Investors or Contractors capable of managing a full-scale structural rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8718 W Avenue D12 Subject | $409,000* List Price | 4 | 2 | 2,240 | $142 | - |
A 8541 W Avenue D Sold | $525,000 | 3 | 2 | 2,239 | $234 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990 (36 years old), the property is an unfinished renovation project. Interior images show missing drywall, exposed studs, and no flooring, indicating it is currently unlivable and requires a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 109299, living area = 2240.
Situated on over 2.5 acres in the desirable Antelope Acres, the property offers exceptional privacy, usable land, and ample space for equestrian uses or custom outdoor development.
With 2,240 square feet of living space and a functional four-bedroom layout, the home provides a scale and structural foundation that would be significantly more expensive to build at today's construction costs.
The home is currently in a state of unfinished renovation, requiring a buyer with the capital and expertise to complete major construction work rather than simple cosmetic updates.
The current list price of $409,000 is nearly 31% lower than its 2023 sale price of $595,000, suggesting substantial condition issues or a distressed situation that may impact traditional financing options.
Set in Antelope Acres, one of West Lancaster’s established acreage communities known for custom homes, open space, and wide desert views, this property offers a compelling opportunity for a buyer ready to restore and complete a quality-built home. The setting feels open and private, with mature trees, usable land, mountain views, fenced areas, a covered patio, and room to imagine a wide range of outdoor uses. Inside, the home offers the kind of layout and construction that are difficult to recreate at today’s costs, including spacious living areas, a secondary living space with a stone fireplace, generous bedroom sizes, indoor laundry, and an attached garage. Renovation work has been started but not completed, creating an opportunity for the next owner to finish the home to their own style and needs. This is not a cosmetic refresh; it is a true renovation project — but one with acreage, scale, setting, and custom-home potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 49% |
| Square foot | 2,240 | 2,027 | 61% |
| Lot Size | 109,299 | 9,534 | 96% |
| Price | $409.0K | $540.0K | 8% |
| Price per sq ft | $183 | $268 | 5% |
| Built year | 1990 | 1991 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 150 | 1% |
May 11, 2026
$409,000
Initial Listing
Aug 29, 2023
$595,000
Public Record
Mar 31, 2021
$565,000
Public Record