40942 159th Street E
Lancaster, CA, 93535
$335,000
MLS: SR26025765
Beds
3
Baths
2
Sq Ft
1,134
Lot
0.97 ac
Year Built
1985
MLS #
SR26025765
Days on Market
51
Listed
Feb 4, 2026
Description
Welcome to this 3-bedroom, 2-bath Lancaster home situated on an expansive 42,466 sq ft lot offering space, privacy, and endless possibilities. The functional floor plan features comfortable living areas filled with natural light, making it ideal for everyday living and entertaining. The bedrooms are well-sized, with a practical layout that suits a variety of lifestyles. The oversized lot provides exceptional outdoor potential—perfect for RV access, storage, future expansion, or creating your own private outdoor retreat. Whether you’re looking for room to grow, space for toys and equipment, or a property with land and flexibility, this home delivers. Conveniently located near schools, shopping, dining, and major commuter routes, this property offers a rare combination of lot size, usability, and value in the Antelope Valley.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Nathan Butcher · eXp Realty of California Inc.
Payment estimate
$2,627
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $33,500 · Loan: $301,500
- Principal & Interest
- $1,852
- Property tax (1.25%)
- $349
- Homeowners insurance
- $300
- Mortgage insurance
- $126
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 Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
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 $11,725 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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