40054 Ridgemist Street, Palmdale, California 93591, Palmdale, 93591 - 4 bed, 2 bath
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40054 Ridgemist Street
Palmdale, California 93591
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,343Sq Ft
22,215.6Lot Size
Property Price
LIST PRICE$399,999
EST. MARKET VALUE
$426,025
6% BelowMARKET VALUE
SUMMARY
This Move-In Ready Ranch Style Home is a Strong Value Opportunity, listed at $399,999—positioned well below the $426,025 Fair Market Value by 6%. This valuation gap offers $26,026 in Instant Equity for the buyer. Featuring a Mint Condition Rating with new HVAC, kitchen cabinetry, and quartzite countertops, the property sits on a massive 22,215 sqft lot with RV Access and Desert Views. This is an ideal acquisition for first-time buyers or owner-occupants seeking a turnkey residence with significant land utility.
Estimated Market Value
$426,025+$26,026 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 40054 Ridgemist Street Subject | $399,999* List Price | 4 | 2 | 1,343 | $317 | - |
A 17244 Schollview Sold | $425,000 | 4 | 2 | 1,571 | $271 | 0.3 mi |
B 40315 177th E Sold | $369,900 | 3 | 2 | 1,143 | $324 | 0.4 mi |
C 40226 177th E Sold | $409,990 | 3 | 2 | 1,134 | $362 | 0.4 mi |
D 40333 E 168th Street Sold | $430,000 | 3 | 2 | 1,305 | $330 | 0.8 mi |
E 17394 Laredo Vista Sold | $400,000 | 3 | 2 | 1,402 | $285 | 0.7 mi |
F 17152 Schollview Avenue Active Under Contract | $365,000 List Price | 4 | 2 | 1,248 | $292 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1978, the property has undergone a comprehensive recent renovation (under 5 years) including a brand new kitchen with quartzite countertops and cabinetry, new appliances, new HVAC and ducting, new water heater, new bathroom vanities, and new flooring throughout, placing it in mint, move-in ready condition.
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.
- Comprehensive Modern Renovations
The property is truly move-in ready, featuring extensive recent upgrades including a new HVAC system, quartzite countertops, new cabinetry, laminate flooring, and new appliances, minimizing immediate capital expenditure for the buyer.
- Expansive Lot with RV Access
Situated on a generous 22,215 sqft lot, the property offers significant space for recreational vehicle storage and outdoor activities, a high-value feature for the Palmdale market.
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.
- High Density Floor Plan
With four bedrooms configured within 1,343 square feet, the individual room sizes and common areas may feel compact or constrained compared to more modern, spacious layouts.
- Vintage Structural Core
Despite the extensive cosmetic and mechanical updates, the 1978 construction year may still present limitations regarding original plumbing, insulation, or architectural style typical of that era.
About 40054 Ridgemist Street
***PRICED TO SELL*** Don't Miss This Move-In Ready Ranch Style Home Featuring Convenient RV Access With All NEW Appliances - NEW Kitchen Cabinetry With Crown Molding - New Quartzite Countertops - NEW Wood Laminate Flooring Throughout - New Window Coverings - New HVAC 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! Plenty of Space for RV Access, Recreational Toys AND Close To Schools! Schedule Your Showing Today!
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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,343 | 1,908.528 |
| Lot Size | 22,215.6 | 7,579.892 |
| Price | $400.0K | $528.1K |
| Price per sq ft | $298 | $281 |
| Built year | 1978 | 1990 |
| HOA | $0 | $99 |
| Days on market | 24 | 70 |
Pricing History
Listed for Sale
Aug 16, 2026
$399,999
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