7847 E Avenue I
Lancaster, CA, 93535
$499,000
MLS: 26007113
Beds
3
Baths
3
Sq Ft
2,192
Lot
1.73 ac
Year Built
1932
MLS #
26007113
Days on Market
0
Listed
Sep 11, 2026
Description
Discover the charm and possibilities of country living on approximately 2 acres, featuring a 4 bedroom 2 bath home with guest quarters & agricultural potential surrounded by mature trees and established landscaping. This 4-bedroom, 2-bath property along with a 3-car detached garage offers the space, flexibility, and amenities needed to enjoy a true country lifestyle while providing plenty of room to make the property your own. The property includes a 540 s.f. detached mother-in-law/guest quarters, offering versatile space or a home office. The home has a covered patio to relax and bbq. Also, there is a 30ft x 40ft metal shop building with 2 - 16 foot roll up doors. It has 220 electricity along with a 40ft x 25ft concrete apron. There is ample space for RV parking, farm equipment, trailers, and recreational vehicles. The property is chain link fenced. Whether you're looking to create a small farm, grow your own produce, keep animals, accommodate extended family, pursue hobbies and projects, or simply enjoy the freedom that comes with owning acreage, this property offers an uncommon combination of historic character, usable land, outbuildings, and flexibility. The approximately 2-acre parcel offers excellent potential for gardening, farming, agricultural use, horses, and other animals, with well water and plenty of usable land. A unique opportunity to own a piece of country living with room to grow--and the space to bring your vision to life.
Location
Lancaster, Los Angeles County, CA 93535
Open on Google Maps ↗Listed by: Dennis Greer · Coldwell Banker-A Hartwig Co.
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
$3,923
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $49,900 · Loan: $449,100
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,916
- Property tax (1.25%)
- $520
- Homeowners insurance
- $300
- Mortgage insurance
- $187
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 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
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 $17,465 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.
Similar Homes Nearby
Active and pending listings in ZIP 93535 (Lancaster)within ±10% of this home's price and size.
$449,900
45230 Calico Street
Lancaster, 93535
Active67 DOM$460,000
43841 Santa Rosa Circle
Lancaster, 93535
Active135 DOM$460,000
42955 Carpenter Drive
Lancaster, 93535
$465,000
43145 Carpenter
Lancaster, 93535
Also on GAVAR
Active37 DOM$468,000
43626 Easy Street
Lancaster, 93535
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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.