38342 5th W, Palmdale, California 93551, Palmdale, 93551 - 3 bed, 2 bath
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Palmdale, California 93551
This Spacious Single-Family Home is a Strong Value Opportunity, listed at $499,000—positioned well below the $515,901 Fair Market Value by 3%. This valuation gap offers $16,901 in Instant Equity for incoming buyers. Maintaining a Good Condition Rating, the property features significant modern upgrades including a solar system, tankless water heater, and epoxy garage flooring. The versatile interior boasts vaulted ceilings and a unique second-level loft with a fireplace. Situated on a quiet cul-de-sac in the Antelope Valley Union district, this move-in-ready residence is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38342 5th W Subject | $499,000* List Price | 3 | 2 | 1,772 | $292 | - |
A 38225 6th Street W Sold | $510,000 | 3 | 2 | 1,772 | $288 | 0.2 mi |
B 529 W Avenue Q12 Sold | $515,000 | 3 | 2 | 1,772 | $291 | 0.2 mi |
C 38522 Desert Flower Drive Sold | $500,000 | 3 | 2 | 1,545 | $324 | 0.6 mi |
D 38339 38339 San Mateo Avenue Sold | $500,000 | 3 | 3 | 1,901 | $263 | 0.2 mi |
E 38238 La Loma Avenue Sold | $535,000 | 4 | 3 | 2,020 | $265 | 0.2 mi |
F 38224 San Mateo Avenue Active | $565,000 List Price | 4 | 3 | 1,901 | $297 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern system upgrades including a solar system, tankless water heater, water softener, and epoxy garage flooring. While the structure dates to 1980, the inclusion of these high-value components and the well-maintained interior with vaulted ceilings and a functional loft area justify a 'good' rating, as it exceeds the standard maintenance expected for its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7141, living area = 1772.
The property is equipped with a solar system, tankless water heater, and water softener, providing significant long-term utility savings and modern convenience.
With vaulted ceilings and a unique second-level loft featuring a fireplace, the home offers flexible living space ideal for a home office, media room, or secondary lounge.
Built in 1980, the home may require more frequent maintenance or updates to its core infrastructure compared to newer residential options in the Palmdale area.
The property does not offer any significant views, which may be a disadvantage for buyers seeking the mountain or desert vistas often found in Palmdale West.
Experience the best of Palmdale West in this exceptional single-family home. This beautiful home is situated in a cul-de-sac with 3 bedrooms, 2 baths, and a loft. Bedrooms are all on one level. Please note that the loft is on the second level. This property combines functionality with luxury. Highlights include numerous fruit trees, air conditioning, a solar system, a water softener, vaulted ceilings, and a spacious yard perfect for entertaining. Additional amenities such as a 2-car garage with epoxy garage flooring, a fireplace in the loft area, or a game room, a kitchen overlooks side yard with a breakfast area, tankless water heater make this home both desirable and move-in ready for its next family. Call the listing agent to set up a showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 27% |
| Baths | 2.0 | 3.0 | 28% |
| Square foot | 1,772 | 2,394 | 21% |
| Lot Size | 7,141 | 8,645 | 26% |
| Price | $499.0K | $620.0K | 12% |
| Price per sq ft | $282 | $264 | 62% |
| Built year | 1980 | 1994 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 198 | 12% |
Jan 26, 2026
$499,000
Initial Listing
Mar 13, 2018
$325,000
Public Record
Nov 6, 2014
$252,500
Public Record
Mar 6, 2014
$5,000
Public Record
Mar 25, 2013
$5,000
Public Record