40525 166th E, Lancaster, CA 93535 | MLS #SR26010910 | Willis Allen Real Estate
 
  • 165 days on site
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Fantastic opportunity for investors, first-time buyers, or anyone looking for space and future potential! This charming, recently remodeled 3-bedroom, 2-bath home with a bonus room sits on over half an acre in the heart of Lake Los Angeles—offering endless possibilities for expansion, additional units, or creating your own private retreat. The property features a massive backyard with room for: A second unit or ADU A garden or orchard Horses, animals, or recreational toys Custom outdoor living spaces Inside, the home opens to a spacious living room that flows into a large kitchen with white cabinetry, granite countertops, stainless steel double sink. The dining area offers a comfortable, bright and inviting area. A bonus room and the converted garage offer excellent potential for an ADU, guest suite, home office, or rental income. (Garage entrance is currently walled off.) Additional upgrades include: Updated electrical panel Swamp cooler Newer 3.5-ton A/C unit (currently connected to the living room only) A separate 5-ton A/C unit is on the property and may be negotiated if the buyer wishes to keep it With such a large lot and flexible layout, this home is perfect for buyers who want space, privacy, and room to grow. Stop by today and make this home yours. Opportunities like this don’t last. Property to be sold in its current “AS IS, WHERE IS” condition.

Source: CRMLS, MLS#: SR26010910

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  • Property Type
    Residential
  • Lot
    0.67 acres

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  • Median Age
    31
  • Population Density
    290
  • College Educated
    23%
  • Estimated Median Income
    $49,304
  • Estimated Total Home Owners
    12,404
  • Estimated Total Renters
    8,725
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    4
  • Total Population
    74,944
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 40525 166th E


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/2/2026Source: CRMLS Price Reduction
$385,000 -2.5%
1/15/2026Source: CRMLS Added to Database
January 15, 2026
Listing provided courtesy of Pinnacle Estate Properties, Inc.Mohammad Mirmehdi- MLS# SR26010910MLS ProviderContact Information: [email protected] - 818-933-3100