38202 Mendocino Way, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 3 bath
Loading property details...
Palmdale, California 93550
This Spacious Modern Townhome is a Strong Value Opportunity, listed at $429,950—positioned well below the $445,938 Fair Market Value by 3%. This valuation gap provides $15,988 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the 1,854-square-foot interior features a versatile loft, a drywalled 2-car garage, and a private patio. Residents enjoy resort-style amenities within the gated Vineyards community, including sports courts and playgrounds. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready lifestyle with built-in equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38202 Mendocino Way Subject | $429,950* List Price | 3 | 3 | 1,854 | $232 | - |
A 2614 Bellevue Sold | $425,000 | 3 | 3 | 1,854 | $229 | 0.0 mi |
B 38133 Mendocino Way Sold | $415,000 | 3 | 3 | 1,519 | $273 | - |
C 38239 Lone Tree Court Active | $424,999 List Price | 3 | 3 | 1,854 | $229 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property is move-in ready and fits the criteria for a 'good' rating as it is within the 10-20 year age range. The kitchen and bathrooms feature original builder-grade finishes, including tile countertops and white appliances, which are functional and well-maintained but slightly dated. The flooring consists of a mix of tile and carpet, with the carpet showing some expected wear. Overall, the home is well-kept with no immediate renovations required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1135827, living area = 1854.
Located in the gated Vineyards community, residents have access to premium amenities including a volleyball court, basketball court, playgrounds, and professionally maintained BBQ areas.
The 1,854 square foot floor plan is well-designed, featuring a versatile upstairs loft perfect for a home office and a kitchen with a functional center island.
The local schools assigned to this address, including Palmdale High and Cactus Middle School, currently hold low performance ratings of 2 out of 10.
The $235 monthly association fee represents a recurring carrying cost that buyers must factor into their monthly debt-to-income ratio.
As a townhome within a large complex, the property involves shared walls and higher neighbor density compared to a detached single-family residence.
Back on the market! Welcome to this newer-built, two-story townhome located in the desirable gated community of The Vineyards. Offering 3 bedrooms, 3 bathrooms, and 1,854 square feet of well-designed living space, this home combines comfort, functionality, and convenience. The kitchen features a center island, pantry, and included appliances stove, microwave, and dishwasher perfect for everyday living and entertaining. The dining area opens to a private patio through sliding glass doors, creating an easy indoor-outdoor flow. A full laundry room is conveniently located downstairs, while upstairs you'll find all bedrooms along with a versatile loft area ideal for a home office, study, or additional lounge space. The home also includes a 2-car attached garage that has been drywalled for a clean, finished feel. Residents of The Vineyards enjoy resort-style community amenities including a gated entrance, volleyball court, half basketball court, two playgrounds, BBQ areas, gazebo with grassy gathering space, guest parking, and professionally maintained landscaping throughout. Ideally located near downtown Palmdale with easy access to shopping, dining, schools, and everyday conveniences.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades K-8 • 0.9 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,854 | 1,506 | 77% |
| Lot Size | 1,135,827 | 7,073 | 97% |
| Price | $429.9K | $452.0K | 36% |
| Price per sq ft | $232 | $310 | 11% |
| Built year | 2007 | 1984 | 95% |
| HOA | $235.0 | $0 | 97% |
| Days on market | 120 | 156 | 32% |
Feb 6, 2026
$429,950
Initial Listing
Aug 30, 2019
$264,500
Public Record
Nov 21, 2007
$217,000
Public Record