
Palmdale, California 93551
This Custom Hillside Estate is a Prime Investment Opportunity, listed at $949,900—positioned well below the $979,320 Fair Market Value by 3%. This valuation gap provides $29,420 in Instant Equity for buyers. While maintaining a Condition Rating of 4, the 1981 interior offers significant upside through cosmetic modernization. The property features unobstructed panoramic views of Palmdale Lake and a massive 58,943 sqft lot within the Antelope Valley Union High School District. This is an ideal acquisition for Owner-Occupants seeking a value-add sanctuary or Value-Add Investors looking to capitalize on a premium location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 Lakeview Drive Subject | $879,900* List Price | 4 | 3 | 3,260 | $241 | - |
A 36421 Oliver Sold | $715,000 | 3 | 3 | 2,563 | $279 | 0.8 mi |
B 345 Lakeview Active | $949,900 List Price | 6 | 4 | 3,246 | $293 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is well-maintained but significantly dated. The kitchen features original oak cabinetry, tile countertops, and a fluorescent light box typical of the era. While the primary bathroom has received a modern renovation, the presence of popcorn ceilings, older carpeting, and wood paneling throughout indicates the home is over 40 years old and requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 58943, living area = 3260.
The property offers unobstructed, breathtaking views of Palmdale Lake and the Antelope Valley, visible from the elevated deck and primary living areas.
Situated on a massive 58,943 square foot lot in the Ana Verde Hills, this estate provides rare privacy and significant space for outdoor expansion or recreation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1981, the home may feature original finishes or older mechanical systems that require modernization to compete with newer luxury builds.
Listed at nearly $950,000, the property is priced at the upper echelon for the Palmdale area, which may narrow the pool of qualified buyers.
A custom home nestled in the foothills of Ana Verde Hills, offering unobstructed views of the Antelope Valley and Palmdale Lake. This thoughtfully designed residence features 3 bedrooms plus a loft (optional 4th) and 3 bathrooms, along with multiple living and entertaining spaces. Enjoy the scenery from the covered patio or elevated deck with spiral staircase access, perfect for taking in city lights and star-filled nights. Inside includes formal living and dining areas, a bonus room with a fireplace and wet bar, and a well-appointed kitchen with an island cooktop and breakfast nook. The oversized primary suite offers a private retreat with a walk-in closet and spa-style bath. Experience elevated comfort and lifestyle in one of Palmdale's most desirable settings.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,260 | 2,370 | 87% |
| Lot Size | 58,943 | 8,963 | 90% |
| Price | $879.9K | $618.0K | 95% |
| Price per sq ft | $270 | $265 | 53% |
| Built year | 1981 | 1995 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 47 | 174 | 2% |
May 27, 2026
$879,900
$949,900
-7% Price Drop
Initial Listing
Apr 29, 2026
$949,900
Initial Listing
Jul 7, 2016
$510,000
Public Record