For SaleSingle Family Home

$575,000

Renovated 3BR Ranch on 10.06 Acres with 1,300 sf Barn

41016 150th Street East, Lancaster, California 93535, United States

Spacious single-level living with ADU potential in Lake Los Angeles

3

Beds

2

Baths

1,573

Sq Ft

1916

Built

10.06 acres

Lot

none

Garage

Move-in ready renovated ranch10.06-acre level lot1,300 sq. ft. barn with ADU potentialNew kitchen and modern bathroomsWell water and septic (rural utilities)Central air and heatingNo garage — abundant outdoor parking

About This Home

The first thing that registers here is scale: 10.06 acres of level, usable land framed by a fully renovated ranch house and a substantial 1,300-square-foot barn that opens countless possibilities. Located on 150th Street East in Lake Los Angeles, this single-story stucco home has been refreshed throughout — a new kitchen, modernized bathrooms, and updated flooring give the 1,573-square-foot floorplan a crisp, contemporary feel while preserving the property’s rural character.

Step inside and the renovation details are immediately evident. The home offers three bedrooms and two bathrooms arranged for practical, everyday living on one level. New finishes and updated systems (central heat and air) create a comfortable environment ready for move-in. Utilities reflect rural independence: water from a well, septic service, propane for gas, and electricity via Southern California Edison. There’s no attached garage, but the grounds provide generous parking — the assessor notes ample room for vehicles, trailers, or recreational toys.

Outside, the property reads like a small acreage estate. The barn is a standout asset: at roughly 1,300 square feet it’s structurally significant and a prime candidate for conversion to an accessory dwelling unit (subject to permits and zoning review). With light agricultural zoning (LCA11*) and a flexible land-use profile, buyers who want horses, hobbies, storage, or an on-site rental opportunity will find the parcel compelling.

The Lake Los Angeles setting offers rural quiet with community amenities within a short drive — Lake Los Angeles Park, Stephen Sorensen Park, and the local community center are all nearby. While local school ratings are below county averages, this property’s combination of renovated living space, expansive acreage, and ADU opportunity creates an attractive ownership or investment proposition. Sellers have positioned the listing at $575,000 to reflect the improvements, large lot, and income potential that smaller nearby comparables do not provide.

Property Features

Interior Features

  • 3 bedrooms, 2 bathrooms
  • 1,573 sq. ft. single-story layout
  • Fully renovated: new kitchen and modern bathrooms
  • Updated flooring throughout
  • Central heating and central air
  • Stucco construction, shingle roof
  • No basement

Exterior & Lot

  • 10.06-acre level parcel
  • 1,300 sq. ft. barn with ADU conversion potential
  • Frontage on 150th Street East
  • Well water and septic system
  • Propane gas service
  • Ample on-site parking (estimated 55 spaces)
  • Light Agricultural zoning (LCA11*)

Location & Neighborhood

  • Lake Los Angeles neighborhood of Lancaster (Los Angeles County)
  • Nearby parks: Lake Los Angeles Park, Stephen Sorensen Park
  • Lake Los Angeles Community Center within 3 miles
  • Rural residential and agricultural surroundings
  • Part of the Los Angeles-Long Beach-Anaheim MSA

Walkability & Recreation

  • Walkability Rating: 25/100 — Car-Dependent
  • Lake Los Angeles Park (approx. 2.5 miles)
  • Stephen Sorensen Park (approx. 3.0 miles)
  • Lake Los Angeles Community Center (approx. 2.7 miles)
  • Large private acreage suitable for equestrian or hobby farming
  • Nearby open space and rural trails for walking and ATVs
  • Community recreation facilities within short drive

Neighborhood

Lake Los Angeles is a rural residential enclave within the Antelope Valley that attracts buyers seeking space, privacy, and recreational opportunity. The community balances quiet country living with community amenities—local parks, a community center, and open desert landscapes are all within a short drive. Properties here often include larger lots, equestrian uses, and hobby farms. While school ratings are below county averages, the area appeals to buyers prioritizing acreage, outdoor lifestyle, and distance from dense urban cores.

Market Insights

The Lake Los Angeles segment of the Antelope Valley is currently a balanced market that slightly favors sellers for unique, well-located acreage. Inventory sits at about 3.5 months with average days on market near 60 — a cadence that points to measured buyer activity rather than a rush. Median sale prices in the immediate area are roughly $420,000; single-family homes with standard lots trade near that median, while substantially larger parcels and properties with usable agricultural buildings command premiums. Recent comps show a range of outcomes: nearby sales in 2025 varied from the low $200Ks (smaller, dated homes) to the mid-$400Ks; this renovated ranch is listed at $575,000, reflecting upgrades, the 10-acre footprint, and the 1,300 sf barn.

For buyers focused on income or long-term value, now is an opportune time to consider a property like this. Mortgage rates and buyer demand have moderated, giving purchasers the leverage to evaluate renovation-to-income strategies (such as barn-to-ADU conversion). For investors, local rental comparables imply monthly rents in the $2,400–$2,700 range for similarly sized dwellings; converting the barn could augment cash flow and cap-rate potential. Verify permitting pathways with Los Angeles County and factor in inspection items for a 1916-built residence, but the data suggests steady appreciation — about 5% year-over-year and roughly 15% over five years — supporting both owner-occupier and investor theses.

Nearby Schools

Vista San Gabriel Elementary School

Elementary

3/10

Challenger Middle School

Middle

2/10

Littlerock High School

High

3/10

Walkability & Recreation

25
Walkability
70
Recreation

Very good access to outdoor recreation with Lake Los Angeles Park and Stephen Sorensen Park within three miles, ample private acreage for equestrian or recreational uses, and community recreational facilities nearby.

Property Overview

41016 150th Street East is a 3-bedroom, 2-bathroom ranch-style home built in 1916, offering 1,573 square feet of living space on a 10.06-acre lot in the Lake Los Angeles area of Lancaster, California. The property has been fully renovated, featuring a new kitchen, modern bathrooms, and updated flooring throughout. A notable feature is the 1,300 sq. ft. barn, presenting potential for conversion into an additional dwelling unit (ADU), enhancing the property's versatility and value.

From a valuation perspective, the property is currently listed at $575,000, equating to approximately $366 per square foot. This pricing aligns with recent comparable sales in the area, adjusted for the extensive renovations and substantial lot size. The assessed value for 2025 stands at $194,837, with annual property taxes of $2,609. The significant difference between the assessed value and the listing price reflects the recent improvements and market appreciation.

Lake Los Angeles is a rural community offering a tranquil lifestyle with access to local amenities such as Lake Los Angeles Park and Stephen Sorensen Park, both within a 3-mile radius. The area provides opportunities for outdoor activities and community engagement, appealing to those seeking a peaceful environment away from urban centers.

The local real estate market has demonstrated steady appreciation, with a 5% increase over the past year and a 15% increase over the past five years. The average days on market is approximately 60 days, indicating a balanced market. The median sale price in the area is around $420,000, suggesting that this property is competitively priced given its size, condition, and potential for additional income through ADU conversion.

Overall, 41016 150th Street East presents a compelling opportunity for buyers seeking a renovated home on a substantial lot with potential for expansion. The property's features, combined with the steady market trends and rural charm of Lake Los Angeles, make it an attractive option for those looking to invest in a versatile and spacious property.

Investment Highlights

  • Fully renovated 3-bedroom, 2-bathroom home with modern amenities
  • 10.06-acre lot offering ample space for various uses
  • 1,300 sq. ft. barn with potential for ADU conversion
  • Steady market appreciation with 5% increase over the past year
  • Proximity to local parks and community centers

Key Findings

  • Property listed at $575,000 ($366 per sq. ft.)
  • Assessed value for 2025 is $194,837 with annual taxes of $2,609
  • Recent comparable sales support current valuation
  • Potential for additional income through ADU conversion of barn
  • Located in a rural community with access to local amenities

Things to Consider

  • Schools in the area have below-average ratings
  • Rural location may not appeal to all buyers
  • Age of the property (built in 1916) may require ongoing maintenance

Opportunity Analysis

Renovated ranch-style home on a substantial lot with potential for additional income through ADU conversion, situated in a steadily appreciating market.

Potential Use Scenarios

  • Utilize the barn for ADU conversion to generate rental income
  • Leverage the large lot for agricultural or equestrian purposes
  • Monitor local market trends for optimal timing of resale

Risk Factors

  • Potential maintenance issues due to the property's age
  • Limited appeal of rural location to certain buyer demographics
  • School ratings may impact desirability for families

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$550K

Midpoint

$575K

High

$600K

$366/SF estimated price per square foot

85% confidence

Sales comparison approach using recent comparable sales within the area, adjusted for lot size, condition, and amenities. Income approach considered potential rental income from main house and possible ADU conversion of barn.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$420,000
Avg Days on Market60 days
Inventory3.5 months
1-Year Appreciation+5.0%

Demographics

Population (1 mi)5,000
Median Income (1 mi)$45,000

The area has experienced modest population growth with a stable median income over the past five years.

Nearby Points of Interest

  • Lake Los Angeles Park (2.5 mi)
  • Stephen Sorensen Park (3.0 mi)
  • Lake Los Angeles Community Center (2.7 mi)

The property is situated in a rural residential area with nearby parks and community centers offering recreational opportunities.

School District

DistrictWilsona Elementary School District
ElementaryVista San Gabriel Elementary School (3/10)
MiddleChallenger Middle School (2/10)
HighLittlerock High School (3/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1916
Constructionstucco
Stories1
Roofshingle
Heatingcentral
Coolingcentral air
Basementnone
FireplaceNo
Conditionrenovated

Lot & Site

Lot Size10.06 acres (438,230 SF)
Topographylevel
Parkingdriveway
Parking Spaces55
FrontageFrontage on 150th Street East

Utilities

Waterwell
Sewerseptic tank
ElectricSouthern California Edison
Gaspropane

Zoning & Land Use

Zoning CodeLCA11*
DescriptionLight Agricultural
JurisdictionLos Angeles County

Allowed Uses

single family residentialagriculturalaccessory dwelling unit
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$194,837
Land$48,709
Improvements$146,128
Annual Tax (2025)$2,609

Sale History

2025-07-02$200,000

$127/SF

Public record sale

2021-01-16$160,000

$102/SF

Public record sale

2016-02-22$175,500

$112/SF

Public record sale

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