38224 San Mateo, Palmdale, California 93551, Palmdale, 93551 - 5 bed, 3 bath
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38224 San Mateo
Palmdale, California 93551
ACTIVE
CONDITION: FAIR
5Beds
3Baths
1,901Sq Ft
8,399Lot Size
Property Price
LIST PRICE$560,000
EST. MARKET VALUE
$517,051
8% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $560,000—positioned well above the $517,052 Fair Market Value by 8%. While priced above the current estimation, the property offers a Fair Condition Rating with significant utility, featuring 5 bedrooms, a massive covered patio, and a large 8,399 sqft lot. Its turn-key interior, highlighted by wood-look flooring and stainless steel appliances, provides immediate livability. This home is an ideal acquisition for large families or multi-generational households seeking a functional, move-in ready space in the Antelope Valley Union district.
Estimated Market Value
$517,051
Based on Realkey algorithm analyzing recent comparable sales in Palmdale.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38224 San Mateo Subject | $560,000* List Price | 5 | 3 | 1,901 | $272 | - |
A 38339 38339 San Mateo Avenue Sold | $500,000 | 3 | 3 | 1,901 | $263 | 0.1 mi |
B 38342 5th W Sold | $480,000 | 3 | 2 | 1,772 | $271 | 0.3 mi |
C 38242 7th W Sold | $475,000 | 3 | 2 | 1,772 | $268 | 0.5 mi |
D 325 Rainbow Sold | $569,000 | 5 | 3 | 2,604 | $219 | 0.2 mi |
E 38264 Hillcrest Drive Sold | $535,000 | 3 | 3 | 2,582 | $207 | 0.6 mi |
F 38257 San Mateo Active | $575,000 List Price | 3 | 3 | 1,901 | $302 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986 (38 years old), the property falls into the >20-year category. While it features recent cosmetic updates like wood-look laminate flooring and stainless steel appliances, the home remains dated with popcorn ceilings and original 1980s-style bathroom vanities and fixtures. It is well-maintained and functional, but requires further modernization to move beyond a fair rating.
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 = 8399, living area = 1901.
- High Bedroom Count
Featuring 5 bedrooms and 3 bathrooms, this property offers exceptional utility for large families or multi-generational living, providing significant value for its 1,901 square foot layout.
- Extensive Outdoor Living
The massive covered concrete patio and private backyard with solid block wall fencing create a low-maintenance, secure environment perfect for outdoor entertaining and large gatherings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Compact Room Dimensions
Distributing five bedrooms across 1,901 square feet suggests that individual bedroom sizes may be relatively small, potentially limiting furniture layout options.
- Lack of Natural Landscaping
The backyard is predominantly concrete; while functional for projects and dining, the lack of green space or a traditional lawn may deter buyers looking for soft landscaping or garden areas.
About 38224 San Mateo
HIGH CEILINGS - WOOD - LOOK FLOORING - MASSIVE COVERED PATIO - TILE ROOF - TURN KEY READY - PRIME LOCATION - WELL KEPT FAMILY HOME This two-story home is clean, bright, and ready for you to move in. The exterior features great curb appeal with a classic tile roof, an attached two-car garage, and a front yard tree. Inside, the kitchen offers crisp white cabinetry, durable countertops, and a modern stainless steel gas range with a matching refrigerator. The primary bedroom suite stands out with vaulted ceilings, wood-look flooring, large windows, and a dedicated vanity sink area. Step outside through the kitchen sliding glass door to a massive concrete backyard with an expansive covered patio, a tall palm tree, and solid block wall fencing that gives you plenty of private space for outdoor dining and projects. Come see the potential of this home today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 8,399 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,901 | 1,908.528 |
| Lot Size | 8,399 | 7,579.892 |
| Price | $560.0K | $528.1K |
| Price per sq ft | $295 | $281 |
| Built year | 1986 | 1990 |
| HOA | $0 | $99 |
| Days on market | 13 | 70 |
Pricing History
Listed for Sale
Aug 27, 2026
$560,000
Initial Listing
Sold
May 24, 2017
$285,000
Public Record
Sold
Mar 31, 2014
$235,000
Public Record
Sold
Aug 29, 2013
$155,500
Public Record
Sold
Aug 26, 2002
$178,000
Public Record