Wichita Deal of the Day
Midtown Derby Ranch With $29,600 Price Drop — Corner Lot, RV Parking, Huge Living Space
1156 N Lakeview Dr, Derby, KS 67037 • PLEASANTVIEW
Published August 30, 2026
Listed by Gary Benjamin | Berkshire Hathaway PenFed Realty | MLS# SCK675827 | Active
2
Bedrooms
1
Bathroom
1,216
Sq Ft
$132
Per Sq Ft
Property Details
Days on Market
50 days
Est. Annual Property Tax
$2,081/yr ($173/mo)
Year Built
1953
County
Sedgwick County
School District
Derby School District (USD 260)
Garage
2-car
Lot Size
0.19 acres
Price Reduced
$29,600 off original price
MLS Status
Active
Why It's a Deal
At $131.50 per square foot — nearly $19 below the area median of $150.30 — this property delivers immediate equity potential. The recent $29,600 price reduction signals motivated sellers, and our algorithm's Price Gap score of 100 and Reduction score of 78 confirm exceptional value. With 50 days on market in Derby's competitive midtown area, this represents a buying opportunity before spring inventory tightens.
About This Property
- 💰$131/sqft — 13% below area median
- 📉Price reduced $29,600 — seller is motivated
- 📅50 days on market — strong negotiating leverage
From the Listing
This estate sale property has been cherished by the same family for decades and now awaits a new owner ready to add their own vision. All appliances remain, including washer and dryer. With Derby schools, midtown location, and room to grow, this home offers a rare combination of affordability and potential in a well-established neighborhood.
Property Details
Area median: $150/sqft vs. this property: $132/sqft
Interested in this deal?
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MLS# SCK675827
Listed by Gary Benjamin | Berkshire Hathaway PenFed Realty | MLS# SCK675827
Listings courtesy of South Central Kansas MLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of Aug 30, 2026, 11:31 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Comparable Properties — ZIP 67037
How this deal stacks up against similar properties in the same area
This deal
$131/sqft
Avg Comp Price
$168,500
This Deal
$159,900
Price Difference
$8,600 below
$/sqft vs Comps
$37 cheaper/sqft
3bd · 1ba · 952 sqft · 1954
$180,000
$189/sqft
$58 more/sqft
25d on market
3bd · 1ba · 910 sqft · 1955
$170,000
$187/sqft
$56 more/sqft
4d on market
2bd · 1ba · 984 sqft · 1954
$165,000
$168/sqft
$37 more/sqft
1d on market
3bd · 1ba · 1,250 sqft · 1954
$159,000
$127/sqft
Our deal $4 cheaper
8d on market
Property Location
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1156 N Lakeview Dr, Derby, KS 67037
4 comparable properties shown · click any pin for details