38251 Lisman Avenue, Palmdale, California 93550, Palmdale, 93550 - 3 bed, 2 bath
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Palmdale, California 93550
This Single Family Residence is a Strong Value Opportunity, listed at $440,000—positioned well above the $407,504 Fair Market Value by -7%. While priced at a premium, the property features a Fair Condition Rating and offers significant upside through its 7,411 sqft lot with ADU Potential. The home includes a unique handcrafted wood-fired oven and a private patio, blending character with functional outdoor space. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a customizable home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38251 Lisman Avenue Subject | $440,000* List Price | 3 | 2 | 1,054 | $387 | - |
A 38609 Glenraven Sold | $382,000 | 3 | 2 | 1,022 | $374 | 0.5 mi |
B 38249 Gunton Sold | $400,000 | 3 | 2 | 1,040 | $385 | 0.2 mi |
C 38226 Carolside Sold | $464,900 | 3 | 2 | 1,041 | $447 | 0.0 mi |
D 38714 2nd E Sold | $420,000 | 3 | 2 | 999 | $420 | 0.6 mi |
E 38502 Sumac Avenue Sold | $420,000 | 3 | 2 | 1,125 | $373 | 0.4 mi |
F 3243 E Avenue R4 Active | $399,000 List Price | 3 | 2 | 1,136 | $351 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this property is well-maintained but significantly dated. While it features recent interior paint and newer stainless steel appliances, the kitchen retains painted original cabinetry and older tile countertops. The presence of popcorn ceilings and older window styles indicates the home has not had a comprehensive renovation in over 20 years, placing it in the fair category as it is move-in ready but needs modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7411, living area = 1054.
The generous 7,411 sqft lot provides significant opportunity for an Accessory Dwelling Unit (ADU), offering a valuable path for future property appreciation or rental income.
A handcrafted artisanal wood-fired oven serves as a standout feature, providing a unique character and a high-end focal point for outdoor entertaining.
At 1,054 square feet, the interior footprint is relatively compact, which may be a constraint for growing families or those requiring a home office.
Built in 1957, the property may require ongoing maintenance or updates to older mechanical and structural systems typical of homes from this era.
Price Reduced!! Welcome to this charming 3-bedroom, 2-bathroom home located in a quiet and established neighborhood of Palmdale CA. Filled with abundant natural light, the home offers a warm and cozy atmosphere throughout. Recently painted, the interior feels fresh and inviting, while tile flooring throughout the home provides a cool, low-maintenance living environment year-round.The spacious backyard offers endless possibilities, with potential for an ADU (buyer to verify with city) or the opportunity to design outdoor spaces tailored to your needs. A standout feature of the property is the handcrafted artisanal wood-fired oven, perfect for baking bread, pizzas, and entertaining family and friends.This property combines comfort, character, and versatility, making it a wonderful place to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,054 | 1,950 |
| Lot Size | 7,411 | 7,525 |
| Price | $440.0K | $526.3K |
| Price per sq ft | $417 | $278 |
| Built year | 1957 | 1989 |
| HOA | $0 | $119 |
| Days on market | 20 | 69 |
Jul 2, 2026
$440,000
Initial Listing
Oct 14, 2016
$170,000
Public Record
Apr 5, 2013
$110,000
Public Record
Jul 15, 2009
$45,000
Public Record
Dec 13, 2006
$280,000
Public Record