159 Palermo Drive, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 3 bath
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Palmdale, California 93550
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $504,990—positioned well below the $573,741 Fair Market Value by 11%. This valuation gap offers $68,751 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the home boasts high-end waterproof vinyl flooring, remodeled bathrooms, and a private, hardscaped entertainer's yard. Its prime location backing to open space ensures privacy. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 159 Palermo Drive Subject | $504,990* List Price | 4 | 3 | 1,974 | $291 | - |
A 40150 Cantara Sold | $425,000 | 3 | 2 | 1,404 | $303 | 0.4 mi |
B 40432 Vereda Drive Pending | $449,900 List Price | 3 | 3 | 1,687 | $267 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2001, the property has undergone a comprehensive recent remodel (likely <5 years) including a fully updated kitchen with stainless steel appliances, remodeled bathrooms with marble vanities and new fixtures, and new high-end waterproof vinyl flooring throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 225275, living area = 1974.
The home features extensive modern renovations, including high-end waterproof vinyl flooring, fresh interior/exterior paint, and remodeled bathrooms with marble vanities, offering a move-in-ready experience for buyers.
Situated at the end of a street with only one adjacent neighbor and backing to open space, this property provides exceptional privacy and additional parking options that are rare in suburban tracts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =225275, other record lot size in square feet = 225172.
The kitchen utilizes tile countertops, which may be perceived as less desirable or more difficult to clean than contemporary solid-surface options like quartz or granite.
Despite the privacy of backing to open space, the property is officially listed as having no specific scenic views, which could be a drawback for buyers seeking the elevated vistas common in parts of Palmdale.
STUNNING AND IMMACULATE 4 BEDROOM HOME! This beautifully remodeled home offers 1974 square feet of thoughtfully designed living space. Attention to detail everywhere you look! Freshly painted inside and out with light, bright, neutral colors. Inside, you're welcomed by high-end, waterproof vinyl flooring, newer carpet, updated kitchen with stainless steel appliances, walk-in pantry, tile countertops & backsplash. Upstairs you'll find the spacious primary suite with a generous walk-in closet and remodeled bathroom featuring a marble vanity with two sinks, new mirror, walk-in shower with new door, and separate soaking tub. Three additional bedrooms are are filled with natural light and offer comfort and flexibility. An additional bathroom upstairs has been recently updated with a new marble vanity, two sinks, new shower door, mirror, and fixtures. Both showers have an added shower temperature cartridge. There's a laundry room on the upper level which includes a washer & dryer, cabinets & drying rack. There's plenty of storage shelves in the two car garage. A true highlight of this home is the entertainer's yard! Fully hardscaped with custom cement work, seating wall, and steps added in the front. The landscaping has drought tolerant plants with drip irrigation, landscape rocks, dry creek, Meyer lemon tree, and exterior solar landscape lighting. This home is in an excellent location at the end of the street offering extra parking. It backs to open space with only one side neighbor! Great for commuters, close to Sierra Highway and the 14 freeway.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,974 | 1,950 |
| Lot Size | 225,275 | 7,525 |
| Price | $505.0K | $526.3K |
| Price per sq ft | $256 | $278 |
| Built year | 2001 | 1989 |
| HOA | $50.0 | $119 |
| Days on market | 42 | 69 |
Jun 10, 2026
$504,990
Initial Listing
Aug 1, 2019
$300,000
Public Record
Dec 16, 2011
$150,000
Public Record