Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveSingleFamilyResidence

42500 20th Street West

Lancaster, CA, 93534

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$965,000

MLS: SR25119635

Beds

5

Baths

3

Sq Ft

3,452

Lot

1.13 ac

Year Built

2003

MLS #

SR25119635

Days on Market

272

Listed

May 29, 2025

Description

Price Improvement with a Motivated seller...Honey, stop the car! Come see this exquisite 5 bedroom 3 bathroom custom single story home with 3 wood burning fire places. Boasting over 3450 square feet. Kitchen includes custom cabinets, granite counter tops throughout the home, stainless steel appliances with double oven. Formal Dining and Living room with high ceilings, Extra large primary bedroom with private patio access that leads to the entertainers delight back yard with multiple covered patios and a lot size that is over an acre. Outdoor kitchen with stainless steel grill. Enjoy plenty of storage with the 3 car garage, RV access drive up and wrap around entrance. Close to schools, parks, and mall. Solar Panels included at $300 a month. Buyer to take over lease. Furnishings in the house and backyard are negotiable for sale. This house won't last long!!

Location

Lancaster, Los Angeles County, CA 93534

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Listed by: John Haynes · Dominion Properties

Payment estimate

$7,003

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $96,500 · Loan: $868,500

%
Principal & Interest
$5,336
Property tax (1.25%)
$1,005
Homeowners insurance
$300
Mortgage insurance
$362
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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 $33,775 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

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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