40508 E 154th Street
Lancaster, CA, 93535
$549,900
MLS: 26003417
Beds
5
Baths
3
Sq Ft
2,820
Lot
1.31 ac
Year Built
1988
MLS #
26003417
Days on Market
75
Listed
Apr 29, 2026
Description
** GORGEOUS Single Story CUSTOM Home with FULLY PAID SOLAR on 1.5 acre LOT** This Charming Estate home boasts 5 bedrooms + 3 bathrooms & TWO fireplaces all configured in an extremely functional floor plan boasting 2,820 square feet of living space! Seller quotes $55K in recent upgrades! Tile Roof: Spacious 3 car garage PLUS paved RV access! Huge circular driveway in the front offers a very impressive entrance to this property: Front of this home has impressive perimeter fencing that adds to the wonderful privacy factor here: New floorings throughout include custom tile and wood plank looking tile - all in neutral, earth-tone color scheme: Among the list of energy efficiency features this home offers central AC as well as fully ducted evaporative cooling: Tankless water heater services all water sources inside: Huge Formal Living Room has French Doors leading to private office/4th bedroom & offers built in floor to ceiling bookcases: Spacious kitchen w/new or newer appliances complete w/sprawling breakfast bar perfect for Sunday brunches and coffee bar opportunity! Cozy Breakfast Room right off kitchen PLUS semi formal Dining Room: Primary Suite is extremely spacious and comes complete w/romantic fireplace, walk in closets, oversized garden soaking tub plus separate stand alone fully tiled shower with glass enclosure: Primary Suite also offers private access to massive rear patio w/brick ribbon: accents: Huge garage has been cross sectioned making the 1 car parking space a potential ADU/man cave/mother-in-law quarters and offers direct access to the main house & private door for outside access: 4 EXTRA TALL storage sheds measuring approx 10'x12' each: Chicken coup for the family who loves fresh eggs! Property has 2nd private gated access to rear yard off 155th St offers great potential for hobbyist, recreational vehicle parking or the family who works from home: Ceiling fans w/light kits in almost every room! Washer/Dryer negotiable: Must See!
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26095717
Listed by: Lynda Patterson · RE/MAX All-Pro
Payment estimate
$4,214
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $54,990 · Loan: $494,910
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,135
- Property tax (1.25%)
- $573
- Homeowners insurance
- $300
- Mortgage insurance
- $206
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Lake Los Angeles, CA in context
Lake Los Angeles is an unincorporated east-AV community in ZIP 93535, about 20 minutes east of Palmdale. Buyers come here for the most house-per-dollar in the AV — half-acre to multi-acre lots, fewer HOAs, and a quiet semi-rural pace. Many listings include desert acreage suitable for horses, RVs, or future expansion. If you are evaluating homes in Lancaster, Mike Watson lives and works the Lake Los Angeles market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Lancaster home with as little as 3.5% down using an FHA loan — roughly $19,247 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Lancaster, CA 93535 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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