40054 Ridgemist Street, Palmdale, California 93591, Palmdale, 93591 - 4 bed, 2 bath
40054 Ridgemist Street
Palmdale, California 93591
Property Price
SUMMARY
Analysis of 40054 Ridgemist Street, Palmdale, California 93591 reveals a Fairly Priced Property with a current list price of $424,900 aligned with the estimated $437,184 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Palmdale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40054 Ridgemist Street Subject | $424,900* List Price | 4 | 2 | 1,343 | $326 | - |
A 40131 E 174th Street E Sold | $418,000 | 4 | 2 | 1,302 | $321 | 0.2 mi |
B 40294 Fieldspring Street Sold | $430,000 | 4 | 2 | 1,248 | $345 | 1.0 mi |
C 16509 Mackennas Gold Avenue Sold | $419,990 | 3 | 2 | 1,402 | $300 | 0.9 mi |
D 40022 172nd Street E Sold | $419,900 | 3 | 2 | 1,402 | $300 | 0.3 mi |
E 17855 Lakespring Avenue Sold | $335,000 | 2 | 1 | 850 | $394 | 0.4 mi |
F 17204 Longmeadow Active | $425,000 List Price | 4 | 2 | 1,322 | $321 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1978, this property has undergone an extensive, top-to-bottom renovation, making it virtually new inside. The listing explicitly states 'All NEW Appliances,' 'NEW Kitchen Cabinetry With Crown Molding,' 'New Quartzite Countertops,' 'NEW Wood Laminate Flooring Throughout,' 'New AC And Ducting!!,' 'New Furnace,' 'New Paint Throughout,' 'New Water Heater,' 'New Vanities In Bathrooms,' and 'New Lighting.' The images confirm these updates, showcasing a modern kitchen with white shaker cabinets, black hardware, new appliances, and pristine quartzite countertops. Bathrooms feature new vanities, fixtures, and modern lighting. All flooring is new wood laminate, and the entire interior has fresh paint. Major systems like AC, furnace, and water heater are new, aligning perfectly with the 'extensively renovated within 5 years' and 'all components are new or virtually new' criteria for an 'Excellent' rating.
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 = 22215, living area = 1343.
- Extensive Modern Upgrades
The property boasts comprehensive recent renovations including new appliances, kitchen cabinetry, quartzite countertops, flooring, window coverings, AC/ducting, furnace, paint, water heater, vanities, and lighting, ensuring a move-in ready condition.
- Brand New HVAC System
A newly installed AC, ducting, and furnace provide optimal climate control and energy efficiency, a significant advantage in the local climate.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22215, other record lot size in square feet = 22005. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1343, other record living area = 1143. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Original Construction Age
Despite extensive renovations, the home's original construction year of 1978 means some underlying systems or structural elements may still be older, potentially requiring future attention.
- Compact Interior for Bedroom Count
With 1343 sqft for 4 bedrooms, the interior living space might feel compact, potentially leading to smaller individual rooms or less expansive common areas.
About 40054 Ridgemist Street
***Upgraded Lake LA RV Ranch Home!*** All NEW Appliances - NEW Kitchen Cabinetry With Crown Molding - New Quartzite Countertops - NEW Wood Laminate Flooring Throughout - New Window Coverings - New AC And Ducting!! Or Choose To Use Central Evaporative Cooler - New Furnace - New Paint Throughout -New Water Heater - New Vanities In Bathrooms - New Lighting - Cozy Wood Burning Fireplace In Family Room - All This And More Placed Nicely Between The Buttes!! Stargazers' Delight! Act Quickly While Still Available!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 22,215.6 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,343 | 1,343 | 50% |
| Lot Size | 22,215.6 | 24,704 | 33% |
| Price | $424.9K | $405.0K | 81% |
| Price per sq ft | $316 | $309 | 57% |
| Built year | 1978 | 1984 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 175 | 5% |
Pricing History
Listed for Sale
Jan 7, 2026
$424,900
Initial Listing
Sold
Apr 3, 2009
$37,000
Public Record
Sold
Jun 26, 2006
$259,000
Public Record
Sold
Mar 20, 1998
$28,181
Public Record