40327 Preston Road, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath
40327 Preston Road
Palmdale, California 93551
Property Price
SUMMARY
Analysis of 40327 Preston Road, Palmdale, California 93551 reveals a Fairly Priced Property with a current list price of $625,000 aligned with the estimated $611,433 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 40327 Preston Road Subject | $625,000* List Price | 4 | 3 | 2,426 | $252 | - |
A 40062 Chelsea Court Sold | $635,000 | 5 | 3 | 2,564 | $248 | 0.3 mi |
B 40450 Fieldcrest Lane Sold | $550,000 | 5 | 3 | 2,370 | $232 | 0.6 mi |
C 40271 Crestridge Sold | $590,000 | 5 | 3 | 2,883 | $205 | 0.1 mi |
D 39829 Gorham Lane Sold | $560,000 | 4 | 3 | 2,394 | $234 | 0.8 mi |
E 39934 Borica Court Sold | $675,000 | 5 | 3 | 2,746 | $246 | 0.5 mi |
F 4535 Talento Way Active | $634,900 List Price | 4 | 3 | 2,108 | $301 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant modern upgrades. The kitchen has been renovated with contemporary white cabinetry, stone countertops, a modern backsplash, and stainless steel appliances. The interior features updated wood-look flooring and neutral paint throughout. While the home was built in 2001, the recent aesthetic updates and the addition of a solar system elevate it above 'fair' condition, though it does not meet the 'excellent' criteria of a brand-new or fully gutted renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property includes a solar system, providing a significant advantage by reducing monthly utility costs and increasing the home's long-term sustainability.
- Turn-Key Condition
This move-in ready home features an upgraded kitchen with modern finishes and a functional floor plan, allowing for an immediate and seamless transition for new owners.
- Prime West Side Location
Situated in the highly desirable West Side of Palmdale, the home offers excellent proximity to a golf course, shopping, dining, and scenic mountain views.
CONSRISKS & DEFICIENCIES
- High School Rating
The assigned high school has a lower academic rating of 3, which may be a deterrent for families prioritizing top-tier secondary education performance.
- Aggressive Pricing History
The listing price of $625,000 is a significant jump from its $570,000 sale price in late 2022, which may lead to appraisal challenges in the current market.
About 40327 Preston Road
Welcome to this move-in ready West Side gem! This spacious 4-bedroom, 2-bath home is ideally located near the golf course and just minutes from shopping, dining, and everyday conveniences. Enjoy the benefits of having solar system, helping keep energy costs low year-round. Inside, you'll find an upgraded kitchen with modern finishes, ample cabinetry, and plenty of space for cooking and entertaining. The functional floor plan offers comfortable living areas, well-sized bedrooms, and abundant natural light throughout. Whether you're relaxing at home or taking advantage of the nearby amenities, this property offers the perfect blend of comfort, location, and efficiency. Turn-key and ready for its next owner—don't miss this West Side opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 7,151 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Palmdale Unified Schools
Esperanza Elementary School
Grades K-6 • 0.3 mi
Hillview Middle School
Grades 6-8 • 0.9 mi
Highland High School
Grades 9-12 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,426 | 2,380 | 54% |
| Lot Size | 7,151 | 8,647.5 | 25% |
| Price | $625.0K | $612.5K | 52% |
| Price per sq ft | $258 | $265 | 42% |
| Built year | 2001 | 1992 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 199 | 0% |
Pricing History
Listed for Sale
Feb 5, 2026
$625,000
Initial Listing
Sold
Nov 15, 2022
$570,000
Public Record
Sold
Apr 28, 2022
$515,000
Public Record
Sold
Dec 31, 2001
$220,000
Public Record