39042 Ocotillo, Palmdale, California 93551, Palmdale, 93551 - 3 bed, 2 bath
Loading property details...
Palmdale, California 93551
This Single Family Residence presents a High-Potential Investment Opportunity, listed at $462,500—positioned above the $435,929 Fair Market Value. While the property requires modernization, its Condition Rating of 4 and massive 10,040-square-foot lot provide significant upside for value-add renovations or an ADU addition. The home features a newer roof and central HVAC, offering a solid foundation for long-term appreciation. Located in the desirable Desert View Highlands, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic cosmetic updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39042 Ocotillo Subject | $462,500* List Price | 3 | 2 | 1,452 | $300 | - |
A 38637 Yucca Tree Sold | $470,000 | 3 | 2 | 1,456 | $323 | 0.5 mi |
B 39133 11th Street W Sold | $445,000 | 3 | 2 | 1,454 | $306 | 0.2 mi |
C 556 Callet Sold | $375,000 | 3 | 2 | 1,432 | $262 | 0.9 mi |
D 1847 1847 Heritage Lane Sold | $485,000 | 3 | 2 | 1,501 | $323 | 0.8 mi |
E 2037 W Avenue P8 Sold | $499,000 | 3 | 2 | 1,666 | $300 | 0.9 mi |
F 38870 Foxholm Drive Sold | $480,000 | 4 | 2 | 1,580 | $304 | 0.5 mi |
G 38990 Juniper Tree Active | $475,000 List Price | 4 | 2 | 1,384 | $343 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this property is well-maintained but significantly dated, with the kitchen and bathrooms appearing to be over 20-30 years old. While the home features a newer roof and functional central HVAC, the interior finishes are aged, the driveway shows significant cracking, and the backyard retaining walls/fencing require repair.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10040, living area = 1452.
The impressive 10,040-square-foot lot offers significant space for outdoor entertaining, gardening, or the addition of an ADU, providing rare versatility in this price point.
Meticulously maintained by only its second owner in over 20 years, the home features high-value updates including a newer roof and a reliable central air and heat system.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 1.5-bathroom configuration for a three-bedroom home may be a drawback for modern families or buyers looking for multiple full-service bathrooms.
While well-cared for, the 1958 original ranch style and 'country kitchen' likely require cosmetic updates and interior renovations to align with contemporary design trends.
First time on the market in over 20 years and lovingly maintained by only its second owner, this charming California ranch home is located on one of the most desirable stretches of Ocotillo Drive in West Palmdale's Desert View Highlands community. Recent neighborhood enhancements, including traffic-calming speed bumps, have contributed to the area's growing appeal and strong sense of community. From the moment you arrive, you'll appreciate the warmth and pride of ownership that fills this home. The inviting floor plan features a spacious country style kitchen with a cozy dining area that opens to a charming breezeway, creating the perfect setting for morning coffee or dining al fresco on warm California evenings. Offering 3 bedrooms and 1.5 bathrooms, this home provides comfortable living with room to make it your own. The main bathroom features both a shower-over-tub and a separate walk-in shower, offering convenience and flexibility for everyday living. The bright and airy living room is highlighted by a wood and gas-burning fireplace and overlooks the expansive backyard. With a little imagination, this outdoor space can be transformed into the private oasis of your dreams. Situated on an impressive 10,040-square-foot lot, the property offers endless possibilities for entertaining, gardening, recreation, or future enhancements. Additional features include central air and heat, a newer roof and a double detached garage. Conveniently located near shopping, dining, schools, and everyday amenities, this home combines suburban convenience with easy access to nature. Just a short 10-minute drive up Elizabeth Lake Road brings you to Lake Elizabeth and the peaceful beauty of country living. Whether you're searching for your forever home or an opportunity to create something truly special, this is a rare chance to own a classic California ranch in West Palmdale.
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 | 29% |
| Square foot | 1,452 | 2,333 | 10% |
| Lot Size | 10,040 | 8,696 | 54% |
| Price | $462.5K | $613.0K | 8% |
| Price per sq ft | $319 | $265 | 78% |
| Built year | 1958 | 1994 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 178 | 0% |
Jun 4, 2026
$462,500
Initial Listing
May 10, 2004
$203,000
Public Record