1617 Elizabeth Lake, Palmdale, California 93551, Palmdale, 93551 - 3 bed, 2 bath
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Palmdale, California 93551
This West Palmdale Value-Add Residence is listed at $479,900, positioned in a highly desirable neighborhood known for market resilience. While the $429,534 Fair Market Value reflects a conservative baseline, the property’s value is anchored by an expansive 10,462 sqft Lot and gated RV Access, providing significant ADU potential. Maintaining a Condition Rating of 4, the interior boasts custom Spanish floor tiles and stainless steel appliances, though the master suite requires Master Bathroom TLC. Located within the Antelope Valley Union district, this home is ideal for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1617 Elizabeth Lake Subject | $479,900* List Price | 3 | 2 | 1,088 | $395 | - |
A 38953 Foxholm Drive Sold | $440,000 | 4 | 2 | 1,139 | $386 | 0.2 mi |
B 39026 11th Street W Sold | $380,000 | 3 | 1 | 1,026 | $370 | 0.6 mi |
C 38910 Sage Tree Sold | $435,000 | 3 | 1 | 1,026 | $424 | 0.5 mi |
D 39203 Foxholm Sold | $475,000 | 3 | 2 | 1,132 | $420 | 0.6 mi |
E 2047 Sundance Court Sold | $515,000 | 3 | 2 | 1,455 | $354 | 1.0 mi |
F 1641 Windsor Place Sold | $428,000 | 4 | 2 | 1,323 | $324 | 1.0 mi |
G 1543 Elizabeth Lake Active | $450,000 List Price | 3 | 2 | 1,088 | $414 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this home is well-maintained but shows clear signs of age and dated finishes. While the kitchen features updated stainless steel appliances and custom Spanish tile flooring, the countertops are older tile and the cabinetry is dated. The listing explicitly mentions the master bathroom needs 'TLC,' and the overall interior, including the guest bathroom and ceiling treatments, reflects a property that has undergone occasional updates rather than a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10462, living area = 1088.
The property sits on a generous 10,462 sqft lot featuring an oversized backyard, covered patio, and gated RV access, providing ample space for outdoor living and secure vehicle storage.
Situated in a highly sought-after neighborhood in West Palmdale, this home offers strong long-term value and appeal within a well-established and popular community.
The master bathroom is explicitly noted as needing TLC, indicating that the buyer will need to budget for immediate repairs or a full renovation.
With only 1,088 square feet of living space for a three-bedroom configuration, the individual rooms and common areas may feel small by modern standards.
Charming Home Located in a Desirable Neighborhood in West Palmdale Situated on a Large Lot. This Home Features Three Bedrooms & Two Bathrooms, Built in 1955 & an Open Floor Plan. Kitchen Features Stainless Steel Appliances, Tile Countertops, Beautiful Custom Brick Arch Over the Breakfast Bar & Custom Spanish Floor Tiles. Family Room, & Dining Area Open to the Kitchen. Three Spacious Bedrooms with Mirror Closet Doors & a Guest Bathroom. The Master Bathroom needs TLC Features a Shower & Washing Machine Area in the Bathroom. Oversized Backyard Offers a Covered Patio, Detached 2 Car Garage, & Gated RV Access,
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 27% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,088 | 2,333 | 2% |
| Lot Size | 10,462 | 8,696 | 56% |
| Price | $479.9K | $613.0K | 10% |
| Price per sq ft | $441 | $265 | 97% |
| Built year | 1955 | 1994 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 178 | 3% |
Apr 12, 2026
$479,900
Initial Listing