39132 161st Street E, Palmdale, California 93591, Palmdale, 93591 - 3 bed, 2 bath
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Palmdale, California 93591
This Dual-Lot Ranch Asset is listed at $460,000, offering a unique land-acquisition opportunity in Palmdale. While the $361,855 Fair Market Value accounts for the primary residence, the sale includes an additional 29,403 Square Foot Lot, increasing the total development potential. The home maintains a Condition Rating of 4, suggesting a value-add opportunity through modernization. Featuring Scenic Valley Views, a covered patio, and Equestrian Potential on over an acre, the property serves the Keppel Union Elementary district. This is a strategic purchase for Land-Bank Investors or Equestrian Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 39132 161st Street E Subject | $460,000* List Price | 3 | 2 | 1,402 | $258 | - |
A 38721 156th E Sold | $390,000 | 3 | 2 | 1,402 | $278 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property falls within the 25-40 year age bracket with no mention of recent major renovations. While the home appears well-maintained and functional, the infrastructure and interior finishes are likely dated and require cosmetic updates to meet current modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56628, living area = 1402.
The sale includes an additional 29,403 square foot lot alongside the primary acre-plus parcel, offering exceptional value and significant potential for expansion, investment, or additional structures.
Situated on a desirable corner lot with over an acre of land, the property provides ample space for a custom horse setup, large-scale gardening, or a private ranch lifestyle.
Located on 161st Street East, the property is in a more secluded area of Palmdale, which may result in longer commute times to major employment hubs, shopping, and services.
Built in 1985, the home may require modern cosmetic updates or system improvements to compete with newer residential developments in the region.
Welcome to this charming 3 bedroom, 2 bath home featuring 1,402 sqft of comfortable living space on over an acre of land. Perfectly situated on a desirable corner lot, the outdoor possibilities are endless, create your dream horse setup, start a garden, or expand with additional structures. With an additional 29,403 square foot lot included, this is a unique chance to own two lots at an incredible price. Contact me for more details.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,402 | 1,311 | 64% |
| Lot Size | 56,628 | 28,265 | 82% |
| Price | $460.0K | $396.0K | 91% |
| Price per sq ft | $328 | $302 | 68% |
| Built year | 1985 | 1985 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 243 | 180 | 82% |
Dec 4, 2025
$460,000
$470,000
-2% Price Drop
Initial Listing
Sep 21, 2025
$470,000
Initial Listing
Aug 22, 2025
$485,000
Initial Listing