40824 Cobblestone Court, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 3 bath

40824 Cobblestone Court, Palmdale, California 93551 home-pic-0
ACTIVE$635,000
40824 Cobblestone Court, Palmdale, California 93551
4Beds
3Baths
2,050Sqft
12,408Lot

Price Vs. Estimate

The estimated value ($594,961.725) is $40,038.275 (6%) lower than the list price ($635,000). This property may be overpriced.

Key pros and cons

Top Pros:
Panoramic Views & Oversized Lot: The property offers stunning panoramic views from an impressive 12,404 sq ft oversized lot, including a private balcony from the primary suite.
Top Cons:
Multiple Price Reductions: The property has undergone several price reductions from its original list price of $665,000 to the current $635,000, which could signal buyer resistance or an initial overvaluation.

Compared to the nearby listings

Price:$635.0K vs avg $625.0K (+$10,000)54%
Size:2,050 sqft vs avg 2,348 sqft35%
Price/sqft:$310 vs avg $27375%

More Insights

Built in 1996 (29 years old).
Condition: Built in 1996, this property has undergone significant recent renovations that elevate its condition. The description highlights a 'modern kitchen with eye-catching blue cabinetry' and a 'beautifully updated bathroom with modern design elements' in the primary suite. Further upgrades include 'upgraded LVP flooring downstairs and newer plush carpeting upstairs,' along with 'contemporary light fixtures throughout.' The exterior, as seen in the image, appears well-maintained. These extensive updates suggest the property is move-in ready with no immediate renovations required, aligning with the criteria for a 'Good' condition score, despite its original build year.
Year Built
1996
Close
-
List price
$635K
Original List price
$665K
Price/Sqft
$310
HOA
$110
Days on market
-
Sold On
-
MLS number
SR25074820
Home ConditionGood
Features
Good View: Panoramic
Deck
ViewPanoramic

About this home

This beautiful 4-bedroom, 3-bathroom residence offers 2,050 sq ft of stylish living space on an impressive 12,404 sq ft oversized lot with panoramic views. In the highly desirable, gated Stonegate community! Step inside to discover a bright, airy interior filled with natural light, featuring upgraded LVP flooring downstairs and newer plush carpeting upstairs. The home features a spacious living room with high ceilings, a dedicated dining area and at the heart is a cheerful, modern kitchen with eye-catching blue cabinetry, a cozy eating area, and an open flow into the family room, where a fireplace adds warmth and charm. Enjoy the convenience of a downstairs bedroom and bath—perfect for guests or a home office. Upstairs, the spacious primary suite includes a private balcony and a beautifully updated bathroom with modern design elements. Secondary bedrooms are generously sized with large closets. Enjoy stylish upgrades throughout, including contemporary light fixtures that add a touch of design. Outdoors, the expansive backyard is ideal for relaxing or entertaining, with endless potential and sweeping views. A 3-car garage provides plenty of space for vehicles, storage, craft room or even a home gym. The home also features a purchase power agreement for solar, helping to reduce energy costs. The HOA fee includes the Community Park with planned family friendly events and gate maintenance. Don't miss this unique opportunity to live in a secure, sought-after neighborhood with all the space, light, and views you've been looking for!

Nearby schools

5/10
Rancho Vista Elementary School
Public,K-60.4mi
7/10
Hillview Middle School
Public,6-80.4mi
6/10
Quartz Hill High School
Public,9-122.9mi
Condition Rating
Good

Built in 1996, this property has undergone significant recent renovations that elevate its condition. The description highlights a 'modern kitchen with eye-catching blue cabinetry' and a 'beautifully updated bathroom with modern design elements' in the primary suite. Further upgrades include 'upgraded LVP flooring downstairs and newer plush carpeting upstairs,' along with 'contemporary light fixtures throughout.' The exterior, as seen in the image, appears well-maintained. These extensive updates suggest the property is move-in ready with no immediate renovations required, aligning with the criteria for a 'Good' condition score, despite its original build year.
Pros & Cons

Pros

Panoramic Views & Oversized Lot: The property offers stunning panoramic views from an impressive 12,404 sq ft oversized lot, including a private balcony from the primary suite.
Gated Community & Security: Located within the highly desirable, secure, and gated Stonegate community, providing exclusivity and peace of mind.
Extensive Modern Upgrades: Features include upgraded LVP flooring, newer carpeting, a cheerful modern kitchen with eye-catching cabinetry, and a beautifully updated primary bathroom with contemporary design elements.
Energy Efficiency with Solar: Benefits from a purchase power agreement for solar, contributing to reduced energy costs for the homeowner.
Excellent School Proximity & Ratings: The home is conveniently located near highly-rated schools, including Rancho Vista Elementary (5/10, 0.35 miles) and Hillview Middle School (7/10, 0.43 miles), enhancing its appeal to families.

Cons

Multiple Price Reductions: The property has undergone several price reductions from its original list price of $665,000 to the current $635,000, which could signal buyer resistance or an initial overvaluation.
Above Estimated Market Value: The current listing price of $635,000 is approximately 5% higher than the estimated property value of $599,905.76, potentially making it less competitive in the market.
Recurring HOA Fees: The monthly association fee of $110.0, while covering community amenities and gate maintenance, represents an additional recurring cost for the homeowner.

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