38898 Ocotillo, Palmdale, California 93551, Palmdale, 93551 - 3 bed, 2 bath
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Palmdale, California 93551
This Move-In Ready Starter Home is listed at $410,000 with a Condition Rating of 4. While the listing sits above the $375,321 Fair Market Value, the price represents a stable entry point supported by unique assets including Two Detached Garages and a gated workshop area. The interior features a Granite Kitchen and Fresh Interior Paint, ensuring a turnkey transition. Located in the Palmdale School District near Ocotillo Elementary, the private patio and lot offer significant ADU Potential. This property is perfectly suited for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38898 Ocotillo Subject | $410,000* List Price | 3 | 2 | 974 | $385 | - |
A 38953 Foxholm Drive Sold | $440,000 | 4 | 2 | 1,139 | $386 | 0.2 mi |
B 39221 Foxholm Drive Sold | $419,000 | 3 | 2 | 1,141 | $367 | 0.4 mi |
C 39203 Foxholm Sold | $475,000 | 3 | 2 | 1,132 | $420 | 0.4 mi |
D 1641 Windsor Place Sold | $428,000 | 4 | 2 | 1,323 | $324 | 0.9 mi |
E 1543 Elizabeth Lake Active | $450,000 List Price | 3 | 2 | 1,088 | $414 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with fresh paint and granite countertops, but it remains fundamentally dated. Built in 1954, the kitchen features older oak cabinetry and white appliances, while the bathrooms show mid-range finishes from a previous era. While functional and clean, the home lacks a full modern renovation, fitting the criteria for a property over 20 years old with updates that are now 15-20+ years old.
The property features two separate detached garages and a gated area, providing exceptional utility for workshops, secure parking, or extensive storage rarely found in this price point.
The expansive and secluded backyard offers significant potential for an Accessory Dwelling Unit (ADU), creating a valuable opportunity for future rental income or multi-generational living.
The home is move-in ready with modern granite countertops, fresh interior paint, and a combination of durable tile and stylish vinyl flooring, minimizing immediate post-purchase costs.
At just 974 square feet for a three-bedroom, two-bathroom layout, the interior rooms and common areas may feel cramped for larger families or those requiring spacious bedrooms.
With 72 days on the market and four consecutive price reductions, the property has struggled to find its market value, which may lead to buyer concerns regarding its initial overpricing.
Welcome to this charming and well-maintained home featuring 3 bedrooms and 2 bathrooms—perfect for first-time homebuyers or anyone seeking a comfortable, move-in-ready property. Abundant natural light fills the interior, creating a warm and uplifting atmosphere throughout. The kitchen is enhanced with granite countertops, and the entire home has been freshly painted for a clean, modern feel. While the home is move-in ready, it also offers the opportunity for a buyer to add personal touches or updates over time. Both the primary and secondary bedrooms provide comfortable space and versatility, and generous storage throughout the home makes staying organized effortless. The living area features durable tile flooring, while the bedrooms and hallway offer stylish vinyl flooring for added comfort. Outside, the property offers exceptional functionality with two separate detached garages, ideal for parking, storage, or workshop space. The gated garage area adds an extra layer of privacy and security. The expansive, secluded backyard provides excellent potential for an ADU, creating opportunities for additional living space or future rental income. Conveniently located near the Antelope Valley Mall, dining options, everyday amenities, and within close proximity to Ocotillo Elementary School, this home blends comfort, practicality, and future potential—an ideal choice for a first-time buyer looking for value and opportunity.
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 | 974 | 2,394 | 1% |
| Lot Size | 5,795 | 8,645 | 4% |
| Price | $410.0K | $620.0K | 3% |
| Price per sq ft | $421 | $264 | 96% |
| Built year | 1954 | 1994 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 78 | 199 | 9% |
Apr 3, 2026
$410,000
$424,999
-4% Price Drop
Initial Listing
Mar 17, 2026
$424,999
$434,999
-2% Price Drop
Initial Listing
Feb 21, 2026
$434,999
$449,999
-3% Price Drop
Initial Listing
Feb 4, 2026
$449,999
Initial Listing
Jan 12, 2011
$68,000
Public Record
Aug 28, 2006
$310,000
Public Record
Dec 22, 1999
$56,000
Public Record
Mar 6, 1996
$56,000
Public Record