42803 Alexo Drive, Lancaster, California 93536, Lancaster, 93536 - 5 bed, 3 bath
ACTIVE$599,000
42803 Alexo Drive, Lancaster, California 93536
5Beds
3Baths
1,700Sqft
7,323Lot
Price Vs. Estimate
The estimated value ($586,833.435) is $12,166.565 (2%) lower than the list price ($599,000). This property may be overpriced.
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 = 7323, living area = 1700.
Top Cons:
Age of Core Structure: Built in 1971, the property's underlying systems (e.g., plumbing, electrical, roof) are over 50 years old and are not explicitly mentioned as having been updated, which could lead to future maintenance concerns.
Compared to the nearby listings
Price:$599.0K vs avg $555.0K (+$44,000)70%
Size:1,700 sqft vs avg 2,131 sqft27%
Price/sqft:$352 vs avg $26792%
More Insights
Built in 1971 (54 years old).
Condition: This property, though built in 1971, has undergone a recent and extensive renovation, bringing its condition to an excellent standard. The description explicitly states 'beautifully renovated,' 'fresh interior paint and new vinyl flooring throughout,' 'upgraded kitchen features brand new cabinets, sleek counters,' and 'bathrooms have been refreshed with modern vanities and updated showers.' The images confirm these updates, showcasing a modern kitchen with new white shaker cabinets, black countertops, and a new sink, as well as fully updated bathrooms with new vanities, toilets, and contemporary tile work in the showers. Recessed lighting and new flooring are consistent throughout the living areas and bedrooms. The presence of solar panels also suggests recent upgrades. While the core structure's age is noted, the visible components and key areas (kitchen, bathrooms) are virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1971
Close
-
List price
$599K
Original List price
$625K
Price/Sqft
$352
HOA
-
Days on market
-
Sold On
-
MLS number
PW25209111
Home ConditionExcellent
Features
Patio
View-
About this home
Welcome to 42803 Alexo Drive, Lancaster, CA 93536! This beautifully renovated 5 bedroom, 3 bathroom home offers approximately 1,700 sq. ft. of living space on a spacious 7,361 sq. ft. lot. Inside, you’ll find fresh interior paint and new vinyl flooring throughout. The upgraded kitchen features brand new cabinets, sleek counters, and plenty of storage, while the bathrooms have been refreshed with modern vanities and updated showers. This home also includes a large bonus room, perfect for a second living area, game room, or home office. In addition, the garage has been converted into a private bedroom with its own bathroom, providing an ideal setup for guests, extended family, or rental potential. The generous backyard offers endless possibilities for outdoor living, entertaining, or customization. Move-in ready and situated in a desirable Lancaster neighborhood, this home blends modern upgrades with flexible living spaces for today’s lifestyle.
Nearby schools
4/10
Nancy Cory Elementary School
Public,•K-6•0.7mi
4/10
Endeavour Middle School
Public,•6-8•1.4mi
4/10
Lancaster High School
Public,•9-12•2.4mi
Condition Rating
Excellent
This property, though built in 1971, has undergone a recent and extensive renovation, bringing its condition to an excellent standard. The description explicitly states 'beautifully renovated,' 'fresh interior paint and new vinyl flooring throughout,' 'upgraded kitchen features brand new cabinets, sleek counters,' and 'bathrooms have been refreshed with modern vanities and updated showers.' The images confirm these updates, showcasing a modern kitchen with new white shaker cabinets, black countertops, and a new sink, as well as fully updated bathrooms with new vanities, toilets, and contemporary tile work in the showers. Recessed lighting and new flooring are consistent throughout the living areas and bedrooms. The presence of solar panels also suggests recent upgrades. While the core structure's age is noted, the visible components and key areas (kitchen, bathrooms) are virtually new, meeting current quality standards with no deferred maintenance.
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 = 7323, living area = 1700.
Extensive Modern Renovations: The property boasts fresh interior paint, new vinyl flooring, an upgraded kitchen with new cabinets and sleek counters, and refreshed bathrooms with modern vanities and updated showers, making it move-in ready.
Versatile Living Spaces: Includes a large bonus room perfect for a second living area, game room, or home office, offering significant flexibility for various lifestyle needs.
Income/Multi-Generational Potential: The garage has been thoughtfully converted into a private bedroom with its own bathroom, providing an ideal setup for guests, extended family, or potential rental income.
High Bedroom/Bathroom Count: With 5 bedrooms and 3 bathrooms, the home offers ample accommodation, catering well to larger families or those needing extra space.
Generous Outdoor Space: A spacious 7,361 sq. ft. lot features a generous backyard, providing endless possibilities for outdoor living, entertaining, and customization.
Cons
Age of Core Structure: Built in 1971, the property's underlying systems (e.g., plumbing, electrical, roof) are over 50 years old and are not explicitly mentioned as having been updated, which could lead to future maintenance concerns.
Recent Price Reduction: The property's list price was recently reduced from $625,000 to $599,000, which might suggest initial overpricing or difficulty in attracting buyers at the higher price point.
No Mention of Cooling System: Given Lancaster's hot climate, the absence of any mention of a cooling system (like central air conditioning) in the renovation details is a significant oversight and potential drawback for comfort.