40611 178th Street
Lancaster, CA, 93535
$360,000
MLS: 26994453
Beds
2
Baths
1
Sq Ft
851
Lot
0.68 ac
Year Built
1979
MLS #
26994453
Days on Market
0
Listed
Sep 29, 2026
Description
MORE LAND. MORE FREEDOM. MORE VALUE. Welcome to 40611 178th St a move-in-ready ranch-style home offering something increasingly hard to find in Los Angeles County: nearly 0.68 acre of usable land with room to live, grow, store and create. This updated 2-bedroom, 1-bath home features a remodeled kitchen with quartz countertops, grey cabinetry and stainless-steel appliances, newer flooring, central air and heat, soundproof windows, a cozy wood-burning fireplace and seller-owned solar panels. Outside, the approximately 29,475 sq. ft. horse-property lot provides exceptional flexibility for RVs, boats, work vehicles, gardening, animals or future improvements, subject to applicable regulations. A 2-car garage, fencing and all-weather greenhouse add even more functionality. And for qualified buyers, the opportunity may be even more attractive: the property has previously qualified for an exclusive $10,000 homebuyer assistance program that may be applied toward down payment, closing costs and/or an interest-rate buy-down, subject to current program and lender requirements. A great opportunity for buyers who want an affordable home without giving up land, privacy and possibilities.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Nikolai Medvedev · Berkshire Hathaway HomeServices California Properties
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,972
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $36,000 · Loan: $324,000
Average 30-yr fixed rate 7.03% as of Sep 24, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,162
- Property tax (1.25%)
- $375
- Homeowners insurance
- $300
- Mortgage insurance
- $135
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 Sep 24, 2026
- 30-year fixed
- 7.03%
- 15-year fixed
- 6.42%
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. Mike Watson knows the Lake Los Angeles and east-AV acreage market and has guided buyers here since 2005. 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 $12,600 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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