1105 Elizabeth Lake Road, Palmdale, California 93551, Palmdale, 93551 - 2 bed, 1 bath
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1105 Elizabeth Lake Road
Palmdale, California 93551
ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
744Sq Ft
10,422Lot Size
Property Price
LIST PRICE$409,000
EST. MARKET VALUE
$398,734
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $409,000—positioned slightly above the $398,734 Fair Market Value. Despite the minor premium, the property features a Condition Rating of 2, reflecting comprehensive recent renovations including a new roof, electrical panel, and mini-split HVAC. The Rare R3 Zoning on a 10,422 sq ft lot provides significant development potential for an ADU or expansion. This turnkey asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with long-term growth upside.
Estimated Market Value
$398,734
Based on Realkey algorithm analyzing recent comparable sales in Palmdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1105 Elizabeth Lake Road Subject | $409,000* List Price | 2 | 1 | 744 | $536 | - |
A 38905 Juniper Tree Road Sold | $445,000 | 3 | 2 | 1,005 | $443 | 0.3 mi |
B 1132 W Avenue P14 Pending | $399,000 List Price | 2 | 1 | 816 | $489 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1951, the property has undergone a comprehensive recent renovation (under 5 years) including a new roof, upgraded electrical panel, new mini-split HVAC system, and all-new interior finishes and appliances, making it move-in ready with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10422, living area = 744.
- Development Potential
The rare R3 zoning on a substantial 10,422 square foot lot offers significant future possibilities for expansion, multi-unit development, or the addition of an ADU.
- Extensive Recent Renovations
The property is move-in ready with comprehensive upgrades including a newer roof, electrical panel, mini-split HVAC system, and fresh interior and exterior finishes.
CONSRISKS & DEFICIENCIES
- Limited Living Space
At only 744 square feet, the home's small footprint may be restrictive for growing families or buyers requiring more interior room and storage.
- Vintage Infrastructure
Originally built in 1951, the property's age may present long-term maintenance challenges inherent to older structures despite the recent cosmetic and system updates.
About 1105 Elizabeth Lake Road
Welcome to 1105 Elizabeth Lake Rd in Palmdale. This freshly renovated 2 bedroom, 1 bathroom home offers approximately 744 square feet of comfortable living space with a clean, updated feel. Rare R3 zoning offering many future possibilities on this 10,000 plus sq ft lot. Recent improvements such as all new interior, appliances , paint, mini split, fencing , roll up garage door, newer electrical panel upgrade, Rv plug in, newer roof, newer exterior paint and so much more, make the home move-in ready while maintaining a simple, practical layout. The property also features an attached 1 car garage and convenient rear alley access to the backyard, Fenced front and rear yards, providing added functionality for parking, storage, or outdoor use. A solid opportunity for a first time buyer, downsizer, or investor looking for a nicely updated home in Palmdale. Conveniently located near local shopping, dining, schools, and everyday amenities, this home is ready for its next owner. Welcome Home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 10,422 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 744 | 1,908.528 |
| Lot Size | 10,422 | 7,579.892 |
| Price | $409.0K | $528.1K |
| Price per sq ft | $550 | $281 |
| Built year | 1951 | 1990 |
| HOA | $0 | $99 |
| Days on market | 30 | 70 |
Pricing History
Listed for Sale
Sep 1, 2026
$409,000
$419,000
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$419,000
Initial Listing