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42701 40th Street West, Lancaster, CA 93536

$500K4bd · 2ba · 1,672 sqft
Lot 10,015 sqft•Single Family Residence•
Active
•89d on market•MLS# SR-26155515

Property Description

Extensively updated and move-in ready, this beautifully refreshed 4-bedroom, 2-bathroom home offers the perfect blend of modern style and everyday comfort. Numerous improvements throughout provide peace of mind and make this home truly stand out. Fresh interior and exterior paint, new roof, new luxury vinyl plank flooring, updated light fixtures throughout, and central air conditioning create a bright, inviting atmosphere from the moment you step inside. The welcoming formal living room features a charming used brick fireplace, offering a warm focal point for relaxing or entertaining. The stunning, fully remodeled kitchen is sure to impress with elegant quartz countertops, soft-close cabinetry and drawers, brand-new stainless steel appliances, abundant workspace, and a convenient breakfast bar. Ideally positioned to overlook the spacious family room, the open layout is perfect for everyday living and gathering with family and friends. Both bathrooms have been tastefully refreshed with updated finishes, enhancing the home's clean, modern appeal. The finished garage adds exceptional versatility with drywall, freshly painted walls, epoxy flooring, and additional electrical outlets, making it ideal for a workshop, home gym, or extra storage. Step outside to enjoy the covered patio, an inviting space for outdoor dining or relaxing year-round. RV access provides added convenience for your recreational vehicles, trailers, or toys. Ideally situated near schools, parks, shopping, dining, and commuter routes, this thoughtfully updated home offers the perfect combination of style, functionality, and an excellent location.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central
Cooling
Central Air
View
Desert, See Remarks
Flooring
Vinyl
City
Lancaster
Zip Code
93536
County
Los Angeles
Listed byBerkshire Hathaway HomeServices Troth, Realtors, Daniel Levine

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,527.77
Principal & Interest
Loan Amount
$399,920
Total Interest
$510,076
Total Payment Over 30 Years
$909,996
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

42701 40th Street West, Lancaster, CA 93536

Lancaster · Single Family Residence

$500K
Affordable Tier
Beds
4
Baths
2
Sqft
1,672
Lot
10,015 sqft
Year
1975
$/Sqft
$299
Pool: No✓
Spa: No✓
View: desert✓

Listed 9.9% above the median closed sale of $455,000. Price per sqft ($299) is a 12% premium to closed comps ($268). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $500K· $299/sqft
Total list price
Closed comps
vs closed median $455K
+$45K (+9.9%)
Active comps
vs active median $450K
+$50K (+11.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $319
−$20 (−6.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1101 ChagalLancaster1987421,4225,770$299$424,9002082
44721 Benald StreetLancaster1970321,4267,152$315$449,900882
44050 27thLancaster1973321,4068,234$320$449,90011082
3716 Avenue K10Lancaster1970431,3736,623$364$499,990981
45503 11th Street WestLancaster1955421,4207,202$296$419,9902481
Total: 5 · Average3.62.21,409.46,996.2$318.8$448,93634.2
Median1,420$449,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
45312 EssexLancaster198509/21/2026421,6467,250$395,900$400,000$2431.015188
2611 Avenue K6Lancaster197310/01/2026421,4697,169$498,900$494,600$3370.997788
1144 Avenue J11Lancaster196509/25/2026421,8988,796$449,900$455,000$2401.017986
527 Curve CircleLancaster197609/30/2026321,5326,194$399,000$399,000$2601.004785
2827 PerfectLancaster197609/18/2026321,8817,900$490,000$490,000$2601.002784
Total: 5 · Average3.62.01,685.27,461.8$447,720$447,720$268—56.2
Median1,646$455,000$455,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.