345 Lakeview, Palmdale, California 93551, Palmdale, 93551 - 5 bed, 4 bath
345 Lakeview
Palmdale, California 93551
Property Price
SUMMARY
Analysis of 345 Lakeview, Palmdale, California 93551 reveals a property with a current list price of $975,000, which is 23% above the estimated $790,381 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 345 Lakeview Subject | $975,000* List Price | 5 | 4 | 3,246 | $243 | - |
A 36755 Tierra Subida Avenue Sold | $800,000 | 4 | 4 | 3,262 | $245 | 0.6 mi |
B 36421 Oliver Active | $715,000 List Price | 3 | 3 | 2,563 | $279 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and exceptionally well-maintained. Built in 2001, it features a refreshed open-concept kitchen with stainless steel appliances and granite countertops. While some architectural elements and fixtures reflect the original construction era, the inclusion of high-end amenities like a private elevator, multiple fireplaces, and gated grounds indicates a high level of upkeep with no visible deferred maintenance.
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 = 40170, living area = 3246.
- Exceptional Panoramic Views
Known as the 'Jewel of the Hill,' this property offers stunning, unobstructed views of the mountains, city lights, and the lake, providing a high-end atmosphere and significant curb appeal.
- Rare Accessibility Features
The inclusion of a private elevator is a standout luxury feature that ensures effortless access across the 3,200+ sq. ft. home, making it ideal for multi-generational living or long-term residency.
CONSRISKS & DEFICIENCIES
- Pricing Volatility
The listing history shows multiple price fluctuations within a short period, which may suggest initial overpricing or difficulty in establishing a firm market value for this specific hillside niche.
- High Maintenance Requirements
The combination of specialized features like an elevator, multiple fireplaces, and a large hillside lot typically results in higher-than-average utility costs and ongoing maintenance demands.
About 345 Lakeview
Welcome To The “Jewel Of The Hill.” Discover This Exceptional 5-Bedroom Plus Office (Possible 6th Bedroom), 3.5-Bath Home Spanning Over 3,200 Sq. Ft. Of Refined Living Space With A Spacious 3-Car Garage. Step Inside To Find Multiple Fireplaces Creating A Warm And Inviting Ambiance Throughout, Complemented By An Elevator For Effortless Access. Enjoy An Open-Concept Kitchen With Butler Pantry And Breathtaking Panoramic Views Of The Surrounding Mountains, City Lights, And Lake, Perfectly Situated In One Of Palmdale’s Most Desirable Hillside Communities. Designed For Both Elegance And Comfort, His and Her Large Closets,2 Jacuzzi Tubs, Fully Gated Property Offers Unparalleled Privacy, Abundant Storage, And Stunning Views That Truly Elevate The Living Experience. Don’t Miss The Opportunity To Call This Remarkable Home Your Own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 40,170 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 78% |
| Baths | 4.0 | 3.0 | 87% |
| Square foot | 3,246 | 2,380 | 88% |
| Lot Size | 40,170 | 8,652 | 86% |
| Price | $975.0K | $612.5K | 99% |
| Price per sq ft | $300 | $266 | 73% |
| Built year | 2001 | 1992 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 147 | 199 | 21% |
Pricing History
Listed for Sale
Jan 15, 2026
$975,000
$999,000
-2% Price Drop
Initial Listing
Price Change
Oct 11, 2025
$999,000
$965,000
+4% Price Increase
Initial Listing
Price Change
Oct 10, 2025
$965,000
Initial Listing