40335 Reata Road, Palmdale, California 93550, Palmdale, 93550 - 4 bed, 3 bath
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Palmdale, California 93550
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $485,000—positioned well below the $492,080 Fair Market Value by 1.4%. This valuation gap offers $7,080 in Instant Equity for the buyer. Featuring a Solar Panel System and a Private Backyard with Patio, the home maintains a Fair Condition Rating with potential for cosmetic updates to the kitchen and baths. This property is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers prioritizing energy efficiency and low HOA costs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40335 Reata Road Subject | $485,000* List Price | 4 | 3 | 1,974 | $249 | - |
A 40123 Casillo Rd Pending | $450,000 List Price | 4 | 3 | 1,692 | $266 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is 22 years old, placing it in the 'Fair' category (>20y). While the home is well-maintained and functional with a solar panel upgrade, the kitchen and bathrooms feature dated original finishes like tile countertops and standard cabinetry that require cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 260300, living area = 1974.
The property features a solar panel system and dual-pane windows, providing significant value by reducing monthly utility expenses and improving thermal comfort.
With nearly 2,000 square feet of living space, four bedrooms, and a dedicated upstairs laundry area, the home offers a highly practical floor plan for modern families.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =260300, other record lot size in square feet = 260224.
The kitchen is equipped with tile countertops, which may be considered dated by buyers seeking modern upgrades like quartz or granite surfaces.
The property is noted as having no specific views, which may be a disadvantage compared to other homes in the Palmdale area that offer mountain or desert vistas.
Welcome to 40335 Reata Road, a spacious two-story traditional-style home located in a quiet community in Palmdale. Built in 2002, this well-cared-for home features four bedrooms and two and a half bathrooms across nearly 2,000 square feet of thoughtfully designed living space. The main floor offers a bright and open layout with high ceilings, a formal living and dining area, and a functional kitchen with tile countertops, generous cabinet space. A convenient half bathroom is also located on the first floor. All four bedrooms are upstairs, including a large primary suite with a walk-in closet and a private bathroom. Three additional bedrooms share a full hallway bathroom, and the laundry area is also conveniently located on the second floor. Additional features include an attached two-car garage, a private backyard with a concrete patio, dual-pane windows, and a solar panel system to help offset energy costs. The home is situated within a well-maintained HOA community with low monthly dues and is just minutes from schools, shopping, and major commuter routes. This move-in ready home offers a great combination of space, functionality, and value don't miss the opportunity to make it yours.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 57% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,974 | 1,506 | 83% |
| Lot Size | 260,300 | 7,073 | 97% |
| Price | $485.0K | $455.0K | 62% |
| Price per sq ft | $246 | $310 | 16% |
| Built year | 2002 | 1984 | 90% |
| HOA | $50.0 | $0 | 93% |
| Days on market | 24 | 156 | 1% |
May 13, 2026
$485,000
Initial Listing
Sep 2, 2020
$320,000
Public Record
Aug 10, 2018
$270,000
Public Record
Aug 31, 2009
$140,000
Public Record