40140 Ridgemist Street, Palmdale, California 93591, Palmdale, 93591 - 3 bed, 2 bath

40140 Ridgemist Street, Palmdale, California 93591 home-pic-0

40140 Ridgemist Street

Palmdale, California 93591

ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,800Sq Ft
28,467Lot Size

Property Price

LIST PRICE$410,000
EST. MARKET VALUE
$418,487

SUMMARY

Estimated Market Value

$418,487
Based on Realkey algorithm analyzing recent comparable sales in Palmdale.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1987, this property is well-maintained and move-in ready but shows its age through dated architectural features and styling. While it includes modern functional upgrades like solar panels and recessed lighting, the kitchen and bathrooms reflect older design standards consistent with a home over 30 years old that has not undergone a full contemporary renovation.

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 = 28467, living area = 1800.

  • Expansive Lot & Outdoor Versatility

    Situated on over half an acre, the property offers a massive, fenced backyard divided into two sections, providing exceptional space for ADUs, workshops, or equestrian activities.

  • Energy Efficiency

    The inclusion of solar panels is a significant value-add, offering the homeowner long-term utility savings and enhanced energy independence.

CONSRISKS & DEFICIENCIES

  • Remote Location

    Located in Lake Los Angeles, the property is a significant distance from central Palmdale's primary shopping, dining, and major commuting corridors.

  • Dated Era Construction

    Built in 1987, the home may require cosmetic updates or modernization to compete with the aesthetic standards of newer residential developments in the region.

About 40140 Ridgemist Street

Welcome to this well-maintained single-story home located at 40140 Ridgemist Street, Lake Los Angeles, CA 93591, offering comfort, space, and versatility on over half an acre of land. This 3-bedroom, 2-bathroom home features a functional and spacious layout with generously sized rooms and recessed lighting throughout. As you enter, you're greeted by a studio-sized enclosed bonus room, perfect for a home office, gym, playroom, or creative space. The inviting living room showcases a classic brick fireplace, creating a warm and cozy focal point for gatherings. The attached garage provides convenience, while the solar panels offer energy efficiency and long-term savings. The expansive backyard is thoughtfully divided with a fence, creating two separate areas ideal for entertaining, pets, gardening, or future possibilities. With its well-kept condition, abundant outdoor space, and flexible floor plan, this property offers endless potential in a peaceful setting. A fantastic opportunity to enjoy comfortable living with room to grow.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1987
Lot Size
28,467 Sq. Ft.

Interior

Total Bedrooms
3
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,8001,398
90%
Lot Size28,46728,063
52%
Price$410.0K$405.0K
62%
Price per sq ft$228$300
19%
Built year19871985
71%
HOA$0$0
50%
Days on market9175
5%

Pricing History

Listed for Sale

Feb 25, 2026

$410,000

Initial Listing

Sold

Mar 28, 2013

$105,000

Public Record

Sold

Mar 25, 1994

$80,000

Public Record

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