
Palmdale, California 93551
This Spacious Palmdale Residence is a Prime Investment Opportunity, listed at $695,000—positioned well below the $723,744 Fair Market Value by 3%. This valuation gap provides $28,744 in Instant Equity for the buyer. Boasting a Condition Score of 3, the home features a professional-grade kitchen, a versatile first-floor bonus room, and over 3,700 square feet of living space. With no HOA or Mello-Roos fees, this property offers significant long-term savings. It is an ideal acquisition for Owner-Occupants seeking a functional sanctuary or Buy-and-Hold Investors looking for a high-capacity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6838 Miramar Lane Subject | $695,000* List Price | 4 | 3 | 3,708 | $195 | - |
A 41926 Bonita Sold | $695,000 | 5 | 3 | 3,427 | $203 | 0.0 mi |
B 41432 Terrazzo Drive Sold | $800,000 | 4 | 3 | 3,597 | $222 | 0.6 mi |
C 6615 Breton Place Sold | $850,000 | 5 | 6 | 3,909 | $217 | 0.5 mi |
D 7323 Ojai Drive Sold | $705,000 | 5 | 4 | 4,088 | $172 | 0.5 mi |
E 7273 Ojai Drive Sold | $679,000 | 4 | 3 | 3,037 | $224 | 0.4 mi |
F 6736 Miramar Lane Active | $699,990 List Price | 4 | 3 | 3,427 | $204 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, this property is move-in ready and shows pride of ownership with minimal wear. The kitchen is well-equipped with high-end stainless steel appliances, including a professional-grade range and built-in refrigerator, paired with granite countertops. While the cabinetry and tile flooring reflect the home's original era, the addition of modern laminate flooring in living areas and the overall cleanliness suggest well-maintained systems and no immediate need for renovation.
The absence of both HOA fees and Mello-Roos assessments provides significant monthly savings and enhances the long-term investment value compared to similar modern developments.
Spanning over 3,700 square feet, the layout features a flexible first-floor bonus room and expansive walk-in closets, offering the adaptability required for multi-generational living or a professional home office.
The property sits on a substantial 11,129 square foot lot and includes a newly installed barbecue grill, making it a premier space for hosting large gatherings and outdoor dining.
The property is noted as having no significant views, which may be a disadvantage for buyers prioritizing the aesthetic vistas often associated with premium Palmdale residential areas.
Built in 2005, the home is entering a period where original major systems and surfaces may require updates or capital improvements to maintain modern standards and efficiency.
Step into refined living with this beautifully designed two-story home that perfectly balances elegance, functionality, and everyday comfort. From the moment you enter, you’re welcomed by an airy, light-filled interior with impressive ceilings and a striking staircase that sets the tone for the rest of the home. The main level offers a seamless flow between formal and informal spaces, including a sophisticated living area, a dedicated dining space ideal for gatherings, and a cozy family room anchored by a charming fireplace. The layout is thoughtfully designed to accommodate both entertaining and relaxed day-to-day living. At the center of it all is a well-appointed kitchen featuring sleek countertops, quality stainless steel appliances, ample cabinetry, and a spacious pantry for added storage and convenience. Designed with both style and practicality in mind, it opens naturally to the surrounding living spaces—perfect for hosting or staying connected with family. A flexible bonus room on the first floor offers endless possibilities, whether you envision a home office, fitness room, or media space. A full bathroom and a convenient laundry area enhance the home’s functionality. Upstairs, the primary suite serves as a peaceful retreat, offering generous space, large closets, and a private bathroom designed for comfort and relaxation. Additional bedrooms are well-sized and thoughtfully laid out with walk-in closets, providing plenty of room for family or guests. Step outside into your private backyard, where a newly built barbecue grill creates the perfect setting for entertaining, weekend gatherings, or simply enjoying outdoor dining in comfort. With its thoughtful layout, inviting atmosphere, and versatile living spaces, this home offers the perfect setting for both everyday living and special moments. No HOA and no Mello-Roos, offering added value and long-term savings.
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 | 3,708 | 2,394 | 92% |
| Lot Size | 11,129 | 8,650 | 57% |
| Price | $695.0K | $625.0K | 70% |
| Price per sq ft | $187 | $264 | 4% |
| Built year | 2005 | 1995 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 198 | 0% |
Mar 19, 2026
$695,000
Initial Listing
Jul 26, 2021
$630,000
Public Record
Oct 8, 2014
$369,000
Public Record
May 9, 2014
$270,000
Public Record
Apr 22, 2008
$361,000
Public Record
Sep 21, 2006
$800,000
Public Record