
Palmdale, California 93551
This Spacious Horse Property represents a Strong Value Opportunity, listed at $699,000—positioned well below the $783,032 Fair Market Value by 10%. This valuation gap provides $84,032 in Instant Equity. With a Condition Rating of 4, the home features significant infrastructure upgrades like newer HVAC and septic systems, though it invites cosmetic personalization. The 2.5-acre lot offers rare utility for animal keepers. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add lifestyle property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3514 W Avenue N N Subject | $699,000* List Price | 3 | 2 | 2,271 | $282 | - |
A 40830 W 43rd Street Sold | $645,000 | 4 | 3 | 2,341 | $276 | 0.9 mi |
B 41037 34th Street W Active | $680,000 List Price | 3 | 2 | 1,724 | $394 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, the home is over 70 years old but remains livable. The kitchen and bathrooms are dated with 20+ year old finishes (tile countertops, older cabinetry). While the description notes newer HVAC and septic systems, the interior aesthetics and cluttered exterior suggest the property needs significant cosmetic updates and minor repairs 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 = 117289, living area = 2271.
The property features over 2.5 acres of flat, usable land with horse-ready zoning, offering rare space and privacy in the desirable West Palmdale area.
Recent updates including a newer central HVAC system, newer septic tank, and updated plumbing mitigate the maintenance risks typically associated with a 1950s home.
Originally built in 1953, the home may require further cosmetic updates and modernization to align with current market trends and buyer preferences.
The solar system is under a lease agreement, which necessitates the buyer assuming a contract and may impact the overall monthly cost of ownership.
Great west Palmdale area. Horse property with over 2-1/2 Acres of flat lot. Circular driveway with 2 gates. Large 3 bedrooms, 2 baths house with over 2200 square foot of living space, formal dining room and a huge family room with fireplace, newer central air and central heat. Part of the house can easily be used as separate guest quarter. Great for two families or families looking for a guest quarter. Newer septic tank and septic tank's plumbing. Detached two car garage. Ample parking. New leased solar system. Great for horse lovers and animal keepers. Close to freeway, restaurants and the Antelope Valley Mall. A must see and a great buy!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades K-6 • 1.6 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,271 | 1,950 |
| Lot Size | 117,289 | 7,525 |
| Price | $699.0K | $526.3K |
| Price per sq ft | $308 | $278 |
| Built year | 1953 | 1989 |
| HOA | $0 | $119 |
| Days on market | 46 | 69 |
Jun 6, 2026
$699,000
Initial Listing
Jul 16, 2024
$615,000
Public Record
Jan 6, 2004
$355,000
Public Record
Aug 22, 2003
$200,000
Public Record