2503 Mulberry Lane, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath
2503 Mulberry Lane
Palmdale, California 93551
Property Price
SUMMARY
Analysis of 2503 Mulberry Lane, Palmdale, California 93551 reveals a Prime Investment Opportunity with a current list price of $599,900—significantly undercutting the $632,600 Fair Market Value by 5%. This valuation gap indicates a +$32,700 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2503 Mulberry Lane Subject | $599,900* List Price | 4 | 3 | 2,370 | $267 | - |
A 2727 Goldenrain Street Sold | $655,000 | 4 | 3 | 2,370 | $276 | 0.3 mi |
B 2753 Hornbeam Road Sold | $520,000 | 4 | 3 | 2,172 | $239 | 0.5 mi |
C 37601 Ficus Court Sold | $575,000 | 3 | 3 | 2,333 | $246 | 0.2 mi |
D 2455 Delicious Lane Sold | $599,000 | 4 | 3 | 2,544 | $235 | 0.3 mi |
E 37849 Satinwood Lane Sold | $540,000 | 4 | 3 | 1,912 | $282 | 0.5 mi |
F 2641 Senna Lane Sold | $555,000 | 4 | 3 | 2,117 | $262 | 0.3 mi |
G 37534 Ebony Drive Pending | $613,000 List Price | 4 | 3 | 2,202 | $278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and meets the criteria for excellent condition. The home features a modern open-concept kitchen with a large island, stainless steel appliances, and a walk-in pantry. The interior showcases contemporary flooring, recessed lighting, and a primary suite with a modern en suite bathroom. The property appears well-maintained with no deferred maintenance and includes high-quality exterior features like a covered concrete patio and firepit.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Versatile Layout
Built in 2017, this home features a highly desirable open floor plan with a downstairs bedroom and bathroom, plus a massive upstairs loft, providing excellent flexibility for multi-generational living or remote work.
- Prime Community Location
Situated in the high-demand AnaVerde neighborhood, the property offers a family-friendly atmosphere with immediate access to trails, parks, and a scenic mountain view backdrop.
- Entertainer's Backyard
The private, low-maintenance backyard is fully optimized for year-round enjoyment with a covered concrete patio, firepit, and outdoor lighting, all overlooking tranquil hills.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 5,286 square feet, the lot is relatively small for a home of this square footage, which may limit buyers looking for extensive garden space or large play areas.
- Mixed School Ratings
While the local K-8 school is conveniently close, several assigned schools in the district carry lower performance ratings, which could be a concern for education-focused families.
About 2503 Mulberry Lane
Home with a View in this high demand, low inventory AnaVerde neighborhood! You don't want to miss out on this highly desirable open layout with 4 bedrooms and 3 bathrooms, this home gives your family room to grow. Downstairs has a nice size bedroom and bathroom for ease of access. Upstairs has a second living area with a huge loft and laundry room that is spacious enough to work remotely in! The primary suite is a true retreat with a large en suite featuring a separate soaking tub and shower. The walk-in closet is large enough to keep the bedroom serene and uncluttered. Heading back Downstairs, the kitchen is an entertainer's delight! There is space for a full size dining room table and it's open to the family room with an oversize island, storage galore, a homework nook and a walk-in pantry. The family room opens to the private, low maintenance backyard featuring a covered concrete patio for outdoor activities any time of year. The tranquil view of the hills is the perfect backdrop for an evening bar-b-queing and relaxing by the firepit under the ambiance of the outdoor lighting. Ana Verde is one of Palmdale's most loved communities, with trails, parks, and a neighborly family friendly feel.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2017
- Lot Size
- 5,286 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $73.0 / Month
Neighborhood Insights
Palmdale Unified Schools
Ocotillo Elementary School
Grades K-5 • 1.8 mi
Anaverde Hills School
Grades K-8 • 0.4 mi
David G. Millen Intermediate
Grades 6-8 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,370 | 2,370 | 50% |
| Lot Size | 5,286 | 8,645 | 3% |
| Price | $599.9K | $610.0K | 48% |
| Price per sq ft | $253 | $264 | 39% |
| Built year | 2017 | 1992 | 87% |
| HOA | $73.0 | $0 | 86% |
| Days on market | 51 | 199 | 1% |
Pricing History
Listed for Sale
Jan 15, 2026
$599,900
Initial Listing
Sold
Jul 19, 2017
$409,000
Public Record
Sold
Mar 31, 2016
$4,055,000
Public Record