6221 Elizabeth Lake Road, Palmdale, California 93551, Palmdale, 93551 - 5 bed, 3 bath
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Palmdale, California 93551
Analysis of 6221 Elizabeth Lake Road, Palmdale, California 93551 is currently available with a list price of $699,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1990, this 34-year-old property falls within the 25-40 year age range for the 'fair' category. The listing description explicitly mentions an 'opportunity to make it your own,' a common indicator that the kitchen, bathrooms, and interior finishes are likely original or dated. While the exterior includes value-added features like solar panels and a pool, the property appears to require cosmetic updates and minor repairs to meet current modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 434745, living area = 2655.
Situated on approximately 10 acres, this property offers exceptional space and privacy, making it ideal for equestrian use, gardening, or potential future improvements.
The home comes equipped with solar panels, a pool, and a spa, providing immediate energy efficiency and outdoor entertainment options that are costly to install.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =434745, other record lot size in square feet = 434610.
The description suggests an 'opportunity to make it your own,' which often indicates that the interior may require cosmetic modernizing or repairs to reach its full market potential.
Managing a 10-acre lot alongside a pool and spa system requires significant ongoing labor and financial commitment compared to a standard residential property.
Welcome to this opportunity in beautiful Leona Valley. Situated on approximately 10 acres with expansive mountain views, this 2,655 sq ft home provides space, flexibility, and the chance to make it your own. The home features 5 bedrooms and 3 bathrooms, creating a versatile layout suitable for a variety of living arrangements. The kitchen is open to the eat-in dining area, forming a central gathering space, while the spacious living room and separate formal dining area give you multiple options for everyday living and entertaining. The acreage creates many possibilities, especially for those interested in animals, outdoor activities, gardening, or possibly creating additional improvements. With wide-open land and scenic surroundings, there is room to expand, reimagine, or simply enjoy the natural setting. Additional features include solar panels, along with a pool and spa already in place. Located in a rural setting just minutes from town, this property blends open-space living with convenient access to nearby amenities. Bring your ideas and explore all that this Leona Valley property can become.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 74% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,655 | 2,395 | 64% |
| Lot Size | 434,745 | 8,647.5 | 99% |
| Price | $699.9K | $625.0K | 71% |
| Price per sq ft | $264 | $264 | 50% |
| Built year | 1990 | 1995 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 201 | 2% |
Apr 15, 2026
$699,900
$709,900
-1% Price Drop
Initial Listing
Feb 24, 2026
$709,900
Initial Listing
May 8, 2018
$610,000
Public Record
Dec 22, 2008
$300,000
Public Record
Nov 22, 2004
$575,000
Public Record