38438 Cougar Pass, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath
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38438 Cougar Pass
Palmdale, California 93551
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,871Sq Ft
9,223Lot Size
Property Price
LIST PRICE$548,800
EST. MARKET VALUE
$528,211
3% AboveMARKET VALUE
SUMMARY
This Multi-Generational Residential Asset is a Strong Value Opportunity, listed at $548,800—positioned well above the $528,211 Fair Market Value by 3%. While priced slightly above market, the property offers significant utility through its Split-Level Floor Plan and Large 9,223 Sqft Lot. With a Fair Condition Rating, the home provides a solid foundation for cosmetic updates to drive future appreciation. Featuring a 3-Car Garage and City Lights View, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living space.
Estimated Market Value
$528,211
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 |
|---|---|---|---|---|---|---|
★ 38438 Cougar Pass Subject | $548,800* List Price | 4 | 3 | 1,871 | $282 | - |
A 1163 Cheetah Way Sold | $588,500 | 4 | 3 | 1,871 | $315 | 0.1 mi |
B 1524 Bengal Court Sold | $520,000 | 4 | 3 | 1,924 | $270 | 0.5 mi |
C 38637 Yucca Tree Sold | $470,000 | 3 | 2 | 1,456 | $323 | 0.3 mi |
D 38242 7th W Sold | $475,000 | 3 | 2 | 1,772 | $268 | 0.6 mi |
E 38339 38339 San Mateo Avenue Sold | $500,000 | 3 | 3 | 1,901 | $263 | 1.0 mi |
F 38264 Hillcrest Drive Sold | $535,000 | 3 | 3 | 2,582 | $207 | 0.5 mi |
G 38342 5th W Sold | $480,000 | 3 | 2 | 1,772 | $271 | 0.7 mi |
H 1006 Cactus Drive Active | $620,000 List Price | 4 | 3 | 2,512 | $247 | 0.2 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 1995 (31 years old), the property is well-maintained but remains largely in original condition. The kitchen features dated oak cabinetry, tile countertops, and older white appliances, placing it in the 'Fair' category as it exceeds the 20-year age threshold without a significant modern renovation.
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 = 9223, living area = 1871.
- Multi-Generational Potential
The split-level floor plan features a primary suite on the main level and separate living quarters with a game room below, making it ideal for multi-generational families or guest privacy.
- No HOA & Large Lot
Situated on a generous 9,223 sqft lot with no HOA fees, this property offers significant freedom for outdoor customization and lower monthly carrying costs.
CONSRISKS & DEFICIENCIES
- Split-Level Accessibility
The requirement to navigate stairs to reach the main living area and the multi-level design may be a drawback for buyers seeking single-story accessibility or aging-in-place options.
- Potential for Modernization
Built in 1995, the property may require cosmetic updates or system refreshments to align with modern design trends and buyer expectations in the current market.
About 38438 Cougar Pass
Split-level floor plan in a great neighborhood! * Multi gen opportunity! *Steps up to main living *Primary Bedroom/Bath on Main floor with living room, kitchen, dining room and powder room *3 Bedrooms, bath and large game room/family room on lower level separate from Primary. *Dining room with LOTS of built in storage *Spacious 3 car garage *Separate laundry room on lower level *Large deck off dining room with steps down to the backyard *large private backyard, *Relaxing and inviting front porch *No HOA!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 9,223 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,871 | 1,908.528 |
| Lot Size | 9,223 | 7,579.892 |
| Price | $548.8K | $528.1K |
| Price per sq ft | $293 | $281 |
| Built year | 1995 | 1990 |
| HOA | $0 | $99 |
| Days on market | 27 | 70 |
Pricing History
Listed for Sale
Aug 13, 2026
$548,800
Initial Listing
Sold
Dec 14, 2018
$325,000
Public Record
Sold
May 18, 2018
$315,000
Public Record
Sold
May 18, 2018
$48,000
Public Record
Sold
Oct 5, 2015
$280,000
Public Record
Sold
Sep 27, 2013
$221,000
Public Record
Sold
Dec 26, 2006
$380,000
Public Record