40522 Milan Drive, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath
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Palmdale, California 93551
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $627,985 Fair Market Value by 0.48%. This valuation gap offers $2,985 in Instant Equity. With an Excellent Condition Rating, the home features a 2025 electrical panel, 2022 HVAC, and a 3-car garage with EV charging. Located on a quiet cul-de-sac in the Antelope Valley Union district, this property is an ideal sanctuary for growing families or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40522 Milan Drive Subject | $625,000* List Price | 4 | 3 | 2,325 | $270 | - |
A 40062 Chelsea Court Sold | $635,000 | 5 | 3 | 2,564 | $248 | 0.8 mi |
B 40327 Preston Road Active | $620,000 List Price | 4 | 3 | 2,426 | $256 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1990, the property qualifies as Excellent due to extensive recent renovations and system upgrades within the last 5 years. Key updates include a new electrical panel (2025), HVAC (2022), and water heater (2020). The interior features modern LVP flooring, vaulted ceilings, and an updated kitchen, making it a turn-key, mint-condition home.
The home features major recent capital improvements, including a new HVAC system (2022), water heater (2020), and a 2025 electrical panel update with a 220V EV charging outlet, significantly reducing immediate maintenance costs for the buyer.
The layout is highly desirable, offering a rare downstairs bedroom and full bathroom for guests or multi-generational living, complemented by vaulted ceilings and a Jack and Jill bathroom for the secondary upstairs bedrooms.
Situated on a quiet cul-de-sac near schools, parks, and a golf course, the property offers a safe and peaceful environment with a large, park-like backyard perfect for outdoor entertaining.
The property listing specifies no views, which may be a drawback for buyers in the Palmdale area who prioritize mountain or desert vistas.
While the interior and mechanical systems have been updated, the 1990 construction year suggests that original elements such as windows or the roof may be approaching the end of their typical lifespan.
Welcome to this beautifully updated, move-in ready home with great curb appeal and a spacious, functional layout. The bright living room features vaulted ceilings that flow into the formal dining area. The updated modern kitchen opens to the cozy family room with a fireplace perfect for everyday living and entertaining. The home offers 1 bedroom and 1 full bathroom downstairs, providing flexibility for guests or a home office setup. Upstairs, the spacious primary suite features vaulted ceilings, a soaking tub, separate shower, dual-sink vanity, and walk-in closet, along with 2 additional bedrooms with a Jack and Jill bathroom connected. Recent upgrades include HVAC installed in 2022, water heater replaced in 2020, electrical panel updated in 2025, and a 220V outlet in the 3-car garage for EV charging. Enjoy the covered patio and large backyard with lush green grass, ideal for entertaining, family gatherings, kids, or pets to enjoy the peaceful park-like setting. Don’t miss out on this beautiful move-in ready gem located in a perfect location close to schools, parks, and golf course on a quiet cul-de-sac.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,325 | 2,333 | 49% |
| Lot Size | 7,015 | 8,650 | 17% |
| Price | $625.0K | $615.0K | 54% |
| Price per sq ft | $269 | $265 | 52% |
| Built year | 1990 | 1994 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 178 | 1% |
Jun 1, 2026
$625,000
Initial Listing
Mar 24, 2000
$160,500
Public Record
Aug 15, 1994
$143,000
Public Record