38565 Lion Way, Palmdale, California 93551, Palmdale, 93551 - 3 bed, 3 bath
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38565 Lion Way
Palmdale, California 93551
ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,864Sq Ft
10,434Lot Size
Property Price
LIST PRICE$675,000
EST. MARKET VALUE
$656,078
SUMMARY
This Spacious Two-Story Pool Home is a Strong Value Opportunity, listed at $675,000—positioned slightly above the $667,709 Fair Market Value. Despite the premium, the property offers significant long-term utility savings through Paid-Off Solar Panels and a Condition Rating of 3, ensuring a move-in ready experience. Featuring a Granite Kitchen, a private Pool & Spa, and a versatile bonus room, this home provides a high-quality lifestyle. It is an ideal acquisition for Owner-Occupants seeking a turnkey residence or first-time buyers prioritizing energy efficiency and outdoor amenities.
Estimated Market Value
$656,078
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 |
|---|---|---|---|---|---|---|
★ 38565 Lion Way Subject | $675,000* List Price | 3 | 3 | 2,864 | $229 | - |
A 1212 Date Palm Sold | $655,000 | 5 | 3 | 2,926 | $224 | 0.3 mi |
B 38457 Anset Sold | $620,000 | 5 | 3 | 3,062 | $202 | 0.6 mi |
C 1823 Andrea Sold | $560,000 | 4 | 3 | 2,956 | $189 | 0.9 mi |
D 38646 Annette Avenue Sold | $520,000 | 4 | 3 | 3,099 | $168 | 0.5 mi |
E 1429 Wellington Drive Sold | $615,000 | 4 | 3 | 2,728 | $225 | 1.0 mi |
F 38645 Laurie Sold | $600,000 | 4 | 3 | 2,765 | $217 | 0.6 mi |
G 38264 Hillcrest Drive Sold | $535,000 | 3 | 3 | 2,582 | $207 | 0.8 mi |
H 38636 Lynx Way Pending | $539,990 List Price | 3 | 3 | 2,328 | $232 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 (18 years old), this property is well-maintained and move-in ready. The kitchen features functional granite countertops and wood cabinetry consistent with the era, and the home includes significant system value with paid-off solar panels and a well-kept pool and spa.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency & Savings
The property includes fully paid-off solar panels, providing significant long-term utility savings and immediate financial value to the homeowner.
- Premium Outdoor Amenities
The backyard is a private oasis featuring a pool, spa, and covered barbecue patio, perfect for entertaining and situated on a quiet cul-de-sac.
- Versatile Living Space
With nearly 2,900 sqft and a large second-floor bonus room, the floor plan offers the flexibility to easily add a fourth bedroom or a dedicated home office.
CONSRISKS & DEFICIENCIES
- Extended Market Stagnation
The property has been on the market for over 100 days, which may lead to buyer concerns regarding its initial pricing strategy or underlying demand.
- Mediocre School Ratings
While the elementary school is well-rated, the assigned middle and high schools have lower ratings (3/10), which could be a drawback for education-focused families.
About 38565 Lion Way
Welcome to West Palmdale Two Story Pool Home in Nice Community, This Spacious 3 Bedroom, 3 Bathroom, Huge Master Bedroom with Walk in Closet, Wood Flooring throughout the Living Room, Family Room, Dining Room and Second Floor, Nice Kitchen with Granite Counter Tops and Center Island. Excellent size for a family. On the Second Floor, there is a Third Family room; you can Convert it into a Fourth Bedroom, a Study, or an Office if Needed. Beautiful Backyard with Pool & Spa, Barbecue Cover patio, 2 Cars Garage. Property Sits in Culdesac. "SOLAR PANELS INCLUDED THE SALE AND HAVE BEEN PAID OFF"
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 10,434 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $142.0 / Month
Neighborhood Insights
Palmdale Unified Schools
Ocotillo Elementary School
Grades K-5 • 0.3 mi
5/10
David G. Millen Intermediate
Grades 6-8 • 1.1 mi
3/10
Innovations Academy Of Palmdale
Grades K-8 • 5.1 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,864 | 1,908.528 |
| Lot Size | 10,434 | 7,579.892 |
| Price | $675.0K | $528.1K |
| Price per sq ft | $236 | $281 |
| Built year | 2006 | 1990 |
| HOA | $142.0 | $99 |
| Days on market | 156 | 70 |
Pricing History
Listed for Sale
May 22, 2026
$675,000
$685,000
-1% Price Drop
Initial Listing
Price Change
Apr 6, 2026
$685,000
Initial Listing
Sold
Jun 10, 2021
$620,000
Public Record
Sold
May 4, 2011
$235,000
Public Record