7229 Columbia Way
Lancaster, CA, 93536
$400,000
MLS: 26001661
Beds
3
Baths
3
Sq Ft
1,775
Lot
0.36 ac
Year Built
1959
MLS #
26001661
Days on Market
37
Listed
Apr 17, 2026
Description
Currently in escrow. Repositioned as a property with awesome potential, ideal for buyers interested in making improvements and customizing the home to suit their needs. Charming, mid-century home in desirable West Lancaster, offering 1,775 SF of living space on an expansive 15,000+ SF, corner lot. Surrounded by mature, forest-like landscaping, the home offers PRIVACY, space, and versatility. Featuring 3-BEDS, 3-BATHS, 2-fireplaces, UPGRADED LAMINATE WOOD FLOORING, SUNKEN LIVING ROOM, private office (original use was a formal dining room) PLUS a 500 SF BONUS ROOM - perfect for a yoga studio/ gym, creative work space, in-home care suite, or potential rental use. This space adapts to your lifestyle. Additional features include updated VINYL DUAL-PANE WINDOWS, exterior vinyl siding, and a 200-AMP Electric Panel. Enjoy SPACIOUS YARDS on all sides of the property, RV ACCESS parking, a 2-car garage, a COVERED PATIO, recent trimmed trees and mulch. Retaining its mid-century charm and CLASSIC RANCH-STYLE COMFORTS, this home offers nastalgia, tranquility and PLENTY OF SPACE for personal upgrades - a RARE opportunity you won't want to miss!
Location
Lancaster, Los Angeles County, CA 93536
Open on Google Maps ↗Listed by: Ciji Ripoll · RE/MAX All-Pro
Payment estimate
$3,079
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $360,000
- Principal & Interest
- $2,212
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 $14,000 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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