40247 Preston Road, Palmdale, California 93551, Palmdale, 93551 - 5 bed, 3 bath

40247 Preston Road, Palmdale, California 93551 home-pic-0
ACTIVE$709,000
40247 Preston Road, Palmdale, California 93551
5Beds
3Baths
2,883Sqft
10,647Lot

Price Vs. Estimate

The estimated value ($709,000) is $0 (0%) lower than the list price ($709,000). This property may be overpriced.

Key pros and cons

Top Pros:
Private Pool & Spa Oasis: Features an inground pool and spa, creating a private 'staycation' environment, highly desirable for leisure and entertainment.
Top Cons:
Seller Motivation & Potential for Updates: The description 'very motivated sellers' and 'Put in some love' suggests the property may require immediate updates or renovations, implying additional buyer investment.

Compared to the nearby listings

Price:$709.0K vs avg $625.0K (+$84,000)78%
Size:2,883 sqft vs avg 2,350 sqft76%
Price/sqft:$246 vs avg $27229%

More Insights

Built in 2001 (24 years old).
Condition: The property was built in 2001, making it 23 years old. The listing description explicitly states 'Put in some love,' indicating that updates or repairs are needed. While the downstairs living area features decent dark laminate flooring, the upstairs hallway has a lighter, potentially older laminate, and bedrooms have dark brown carpet which may be dated. The kitchen features white shaker-style cabinets and granite countertops, which are functional but not cutting-edge, and no appliances are visible in the provided images. Crucially, there are no images of any bathrooms, which is a significant omission and often suggests these areas are not recently updated or require attention. The overall condition suggests the home is aged but maintained, requiring minor cosmetic updates to meet current standards, aligning with a 'Fair' rating.
Year Built
2001
Close
-
List price
$709K
Original List price
$735K
Price/Sqft
$246
HOA
-
Days on market
-
Sold On
-
MLS number
25563955
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

The best offer you can get from very motivated sellers. Put in some love and enjoy the home that everyone desires for. Schedule your tours today before it is taken! Are you looking for your dream staycation home in the heart of West Palmdale? Come check out this stunning 2 story pool home Nestled in a great community . It has everything you need and more! Step outside to your private oasis, featuring an inground pool and spa. Inside, you'll find all the spaces to satisfy your desires be it a gym room, a kid play room, formal dining room, living room, a full-room sized laundry or a kitchen. Imagine waking up to stunning views from your private balcony, a perfect retreat to start and end your day. This is more than a house, it's your ultimate staycation home.

Nearby schools

5/10
Esperanza Elementary School
Public,K-60.4mi
7/10
Hillview Middle School
Public,6-80.8mi
3/10
Highland High School
Public,9-122.4mi
Condition Rating
Fair

The property was built in 2001, making it 23 years old. The listing description explicitly states 'Put in some love,' indicating that updates or repairs are needed. While the downstairs living area features decent dark laminate flooring, the upstairs hallway has a lighter, potentially older laminate, and bedrooms have dark brown carpet which may be dated. The kitchen features white shaker-style cabinets and granite countertops, which are functional but not cutting-edge, and no appliances are visible in the provided images. Crucially, there are no images of any bathrooms, which is a significant omission and often suggests these areas are not recently updated or require attention. The overall condition suggests the home is aged but maintained, requiring minor cosmetic updates to meet current standards, aligning with a 'Fair' rating.
Pros & Cons

Pros

Private Pool & Spa Oasis: Features an inground pool and spa, creating a private 'staycation' environment, highly desirable for leisure and entertainment.
Versatile & Ample Living Spaces: Offers a generous 2883 sqft with dedicated areas such as a gym room, playroom, formal dining, and a full-room sized laundry, catering to diverse family needs.
High Bedroom & Bathroom Count: With 5 bedrooms and 3 bathrooms, the property accommodates larger families or provides flexibility for guest rooms and home offices.
Desirable Community & Scenic Views: Located in a 'great community' and boasts 'stunning views' from a private balcony, including mountain vistas, enhancing lifestyle appeal.
Strong Elementary & Middle School Ratings: Benefits from highly-rated local schools (Esperanza Elementary 5/10, Hillview Middle 7/10), a significant draw for families.

Cons

Seller Motivation & Potential for Updates: The description 'very motivated sellers' and 'Put in some love' suggests the property may require immediate updates or renovations, implying additional buyer investment.
History of Price Reductions: Multiple price adjustments from the original $735,000 to the current $709,000 indicate market resistance or initial overpricing, potentially signaling a challenging sale history.
Lower-Rated High School: The assigned high school, Highland High School, has a rating of 3/10, which could be a deterrent for families prioritizing top-tier secondary education.

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