42500 20th Street West, Lancaster, California 93534, Lancaster, 93534 - 5 bed, 3 bath
ACTIVE$999,000
42500 20th Street West, Lancaster, California 93534
5Beds
3Baths
3,452Sqft
49,222.801Lot
Price Vs. Estimate
The estimated value ($999,000) is $0 (0%) lower than the list price ($999,000). This property may be overpriced.
Key pros and cons
Top Pros:
Spacious & Custom Home: This exquisite single-story residence boasts over 3450 square feet with 5 bedrooms and 3 bathrooms, indicating a custom build with ample living space.
Top Cons:
Solar Panel Lease Obligation: The buyer is required to take over a $300 per month solar panel lease, adding a fixed ongoing expense to homeownership.
Compared to the nearby listings
Price:$999.0K vs avg $428.8K (+$570,250)98%
Size:3,452 sqft vs avg 1,430 sqft97%
Price/sqft:$289 vs avg $30245%
More Insights
Built in 2003 (22 years old).
Condition: Built in 2003, this property is 21 years old but presents in a well-maintained, move-in ready condition. The kitchen features custom cabinets, granite countertops, and stainless steel appliances with a double oven, all appearing functional and in good shape, though the cabinet style reflects its early 2000s origin. Bathrooms also feature granite countertops and tiled showers, which are clean and functional, with some light fixtures showing a slightly dated style. Flooring is a mix of large tiles, carpet, and hardwood, all appearing clean and well-kept. The presence of solar panels is a significant modern upgrade. Overall, the property shows minimal wear and tear, and major systems are functional, aligning with the 'Good' condition criteria.
Year Built
2003
Close
-
List price
$999K
Original List price
$1.15M
Price/Sqft
$289
HOA
-
Days on market
-
Sold On
-
MLS number
SR25119635
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood
About this home
Price Improvement with a Motivated seller...Honey, stop the car! Come see this exquisite 5 bedroom 3 bathroom custom single story home with 3 wood burning fire places. Boasting over 3450 square feet. Kitchen includes custom cabinets, granite counter tops throughout the home, stainless steel appliances with double oven. Formal Dining and Living room with high ceilings, Extra large primary bedroom with private patio access that leads to the entertainers delight back yard with multiple covered patios and a lot size that is over an acre. Outdoor kitchen with stainless steel grill. Enjoy plenty of storage with the 3 car garage, RV access drive up and wrap around entrance. Close to schools, parks, and mall. Solar Panels included at $300 a month. Buyer to take over lease. Furnishings in the house and backyard are negotiable for sale. This house won't last long!!
Condition Rating
Good
Built in 2003, this property is 21 years old but presents in a well-maintained, move-in ready condition. The kitchen features custom cabinets, granite countertops, and stainless steel appliances with a double oven, all appearing functional and in good shape, though the cabinet style reflects its early 2000s origin. Bathrooms also feature granite countertops and tiled showers, which are clean and functional, with some light fixtures showing a slightly dated style. Flooring is a mix of large tiles, carpet, and hardwood, all appearing clean and well-kept. The presence of solar panels is a significant modern upgrade. Overall, the property shows minimal wear and tear, and major systems are functional, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Spacious & Custom Home: This exquisite single-story residence boasts over 3450 square feet with 5 bedrooms and 3 bathrooms, indicating a custom build with ample living space.
Luxurious Interior Finishes: The home features custom kitchen cabinets, granite countertops throughout, stainless steel appliances with a double oven, high ceilings, and three wood-burning fireplaces, offering a high-end living experience.
Exceptional Outdoor Living & Large Lot: Situated on over an acre, the property includes an entertainer's delight backyard with multiple covered patios, an outdoor kitchen with a stainless steel grill, and private patio access from the primary bedroom.
Ample Parking & Storage: The property provides a 3-car garage, along with convenient RV access via a drive-up and wrap-around entrance, catering to significant storage and vehicle needs.
Convenient Location & Views: Located close to schools, parks, and a mall, the home offers practical accessibility, complemented by desirable city lights and neighborhood views.
Cons
Solar Panel Lease Obligation: The buyer is required to take over a $300 per month solar panel lease, adding a fixed ongoing expense to homeownership.
Significant Price Reductions: The property has undergone multiple price improvements, dropping from an original list price of $1.15M to $999K, which, coupled with a 'motivated seller' note, may suggest initial overpricing or challenges in attracting buyers.
Potential for Dated Systems/Components: Built in 2003, the home is over 20 years old, implying that major systems such as HVAC, water heater, or roofing may be nearing the end of their typical lifespan and could require future replacement or significant maintenance.