360 Morningside Terrace, Palmdale, California 93551, Palmdale, 93551 - 6 bed, 3 bath
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Palmdale, California 93551
This Mediterranean-style Short Sale is a High-Potential Investment Opportunity listed at $450,000. Positioned as a high-density asset, the price aligns with the $409,703 Fair Market Value and its rare Versatile Six-Bedroom Layout. The home maintains a Condition Rating of 4, featuring Granite Countertops, Wood Flooring, and a scenic Desert View. Located on a quiet cul-de-sac near Manzanita Heights Park in the Palmdale School District, it offers exceptional utility for large families. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking maximum space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 Morningside Terrace Subject | $450,000* List Price | 6 | 3 | 2,394 | $171 | - |
A 337 Morningside Terrace Sold | $495,000 | 4 | 3 | 2,604 | $190 | 0.0 mi |
B 38328 Bonino Drive Sold | $550,000 | 4 | 2 | 2,452 | $224 | 0.6 mi |
C 351 Pagosa Court Sold | $585,000 | 4 | 3 | 2,604 | $225 | 0.1 mi |
D 325 Rainbow Active | $579,900 List Price | 5 | 3 | 2,604 | $223 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990, this 34-year-old property falls within the 25-40 year age bracket for the 'fair' category. While it features updates such as granite countertops, wood flooring, and plantation shutters, it lacks evidence of a full, extensive renovation within the last 15 years. The exterior aesthetic, including the teal trim and Mediterranean styling, reflects its original era, suggesting the home is well-maintained but shows signs of being aged.
With four bedrooms upstairs and two downstairs, this floor plan offers exceptional flexibility for large families, multi-generational living, or dedicated home office spaces.
The home features high-quality upgrades including beautiful wood flooring, plantation shutters, and granite countertops, providing a move-in-ready aesthetic in the primary living areas.
Situated on a quiet cul-de-sac near Manzanita Heights Park, the property offers a safe, low-traffic environment while remaining close to schools, shopping, and freeway access.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
As a short sale opportunity, the purchase process may involve extended timelines and is subject to lender approval, which can be a deterrent for buyers with strict moving schedules.
Fitting six bedrooms into 2,394 square feet may result in smaller individual room sizes and potentially cramped living quarters compared to homes with fewer, larger rooms.
Short sale opportunity !!! this property is a Mediterranean style home on quiet cul-de-sac near freeway, schools and a full range of stores and restaurants. Four bedrooms up and two down. Fully landscaped yards with large back patio area, charming front courtyard paved with brick, all made for entertaining or relaxing at leisure. Beautiful wood flooring and Plantation shutters throughout downstairs living areas, Carpet on the upstairs rooms, Granite countertops in kitchen. Breakfast bar, kitchen nook and formal dining for all types of gracious hosting. Large master suite overlooking back yard, with bath featuring separate tub & shower, dual sinks, wardrobe AND walk-in closet. Nice! Near lovely neighborhood Manzanita Heights Park for picnics and playtimes
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 97% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,394 | 2,394 | 50% |
| Lot Size | 7,208 | 8,632 | 29% |
| Price | $450.0K | $622.5K | 9% |
| Price per sq ft | $188 | $263 | 4% |
| Built year | 1990 | 1995 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 136 | 201 | 25% |
Dec 7, 2025
$450,000
Initial Listing
Jan 10, 2024
$570,000
Public Record