
Palmdale, California 93591
This 2022-built single-family residence represents a High-Potential Investment Opportunity, listed at a List Price of $333,900—positioned well below the $385,167 Fair Market Value by 13%. This valuation gap provides $51,267 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and a massive 21,257 sqft lot, the property offers significant potential for ADU development or outdoor expansion. Given the cash-only requirement and recent construction, this is a strategic acquisition for Buy-and-Hold Investors or Cash-Ready Buyers seeking a modern, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40322 167th E Subject | $333,900* List Price | 3 | 2 | 1,506 | $256 | - |
A 17244 Schollview Sold | $425,000 | 4 | 2 | 1,571 | $271 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and meets the criteria for excellent condition. The exterior shows modern construction, solar panels, and recent systems, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 21257, living area = 1506.
Built in 2022, this home offers modern building standards, contemporary finishes, and energy efficiency, minimizing the need for immediate maintenance or upgrades.
The property sits on a generous 21,257 square foot lot, providing significant space for outdoor activities, potential ADU development, or additional storage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =21257, other record lot size in square feet = 20018. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1506, other record living area = 1644. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The property was recently sold within the past year on 2026-01-20. The sold price is $385,000.00.
The requirement for a cash-only transaction significantly limits the buyer pool by excluding those who rely on traditional mortgage financing.
Great Opportunity to own this single-family home built in 2022 featuring 3 bedrooms and 2 bathrooms. ***SPECIAL NOTES: (1) This is a CASH ONLY transaction. (2) Seller to pay Property Taxes, HOA, and Municipal/Utility Liens. All closing costs including transfer taxes are to be paid by the buyer at closing. (3) Please read the Auction disclaimers carefully before placing a bid or submitting an offer. *** Please note address by APN shows as 40322 167th St however address used by Seller is 40324 167th St Palmdale, CA 93591
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,506 | 1,908.528 |
| Lot Size | 21,257 | 7,579.892 |
| Price | $333.9K | $528.1K |
| Price per sq ft | $222 | $281 |
| Built year | 2022 | 1990 |
| HOA | $0 | $99 |
| Days on market | 21 | 70 |
Aug 19, 2026
$333,900
Initial Listing
Jan 20, 2026
$385,000
Public Record
Jun 9, 2009
$39,000
Public Record
Jan 7, 2000
$83,000
Public Record