511 Sugar Loaf Drive, Palmdale, California 93551, Palmdale, 93551 - 4 bed, 4 bath
ACTIVE$829,777
511 Sugar Loaf Drive, Palmdale, California 93551
4Beds
4Baths
3,102Sqft
40,679Lot
Price Vs. Estimate
The estimated value ($829,777) is $0 (0%) lower than the list price ($829,777). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Panoramic Views: The property offers extensive panoramic views including City Lights, Coastline, Hills, Lake, and Mountains, significantly enhancing its desirability and potential value.
Top Cons:
Geographic Location: Situated in Palmdale, the property's location might be perceived as distant from major employment centers, cultural attractions, or highly-rated school districts in more central or coastal California regions, potentially limiting the buyer pool.
Compared to the nearby listings
Price:$829.8K vs avg $625.0K (+$204,777)91%
Size:3,102 sqft vs avg 2,350 sqft83%
Price/sqft:$267 vs avg $27244%
More Insights
Built in 1990 (35 years old).
Condition: The property, built in 1990, shows signs of being well-maintained but largely retains its original 1990s aesthetic. While the walls appear freshly painted and some flooring (laminate) is in good condition, the kitchen and bathrooms are significantly outdated with original cabinetry, fixtures, and tilework. The pinkish/mauve carpet on the stairs and in some bedrooms is also very dated. Major systems appear functional, but the overall style and features indicate a need for substantial cosmetic updates to meet current market expectations.
Year Built
1990
Close
-
List price
$830K
Original List price
$850K
Price/Sqft
$267
HOA
-
Days on market
-
Sold On
-
MLS number
SR25006033
Home ConditionFair
Features
Good View: City Lights, Coastline, Hills, Lake, Mountain(s), Neighborhood, Panoramic
Patio
ViewCity Lights,Coastline,Hills,Lake,Mountain(s),Neighborhood,Panoramic
About this home
Condition Rating
Fair
The property, built in 1990, shows signs of being well-maintained but largely retains its original 1990s aesthetic. While the walls appear freshly painted and some flooring (laminate) is in good condition, the kitchen and bathrooms are significantly outdated with original cabinetry, fixtures, and tilework. The pinkish/mauve carpet on the stairs and in some bedrooms is also very dated. Major systems appear functional, but the overall style and features indicate a need for substantial cosmetic updates to meet current market expectations.
Pros & Cons
Pros
Exceptional Panoramic Views: The property offers extensive panoramic views including City Lights, Coastline, Hills, Lake, and Mountains, significantly enhancing its desirability and potential value.
Spacious Living Area: With 3102 square feet and 4 bedrooms and 4 bathrooms, the home provides substantial living space, accommodating larger families or those desiring extra room.
Generous Lot Size: A large lot of 40,679 square feet (nearly an acre) provides ample outdoor space for privacy, potential expansion, or recreational activities.
Recent Price Adjustment: A recent price reduction from $849,777 to $829,777 could indicate a motivated seller and potential for a more attractive purchase opportunity.
Functional Layout: The 4 bedrooms and 4 bathrooms offer a highly functional layout, providing ample facilities and convenience for residents and guests.
Cons
Geographic Location: Situated in Palmdale, the property's location might be perceived as distant from major employment centers, cultural attractions, or highly-rated school districts in more central or coastal California regions, potentially limiting the buyer pool.
Property Age & Potential for Updates: Built in 1990, the home is over three decades old, suggesting that some systems or interior finishes may require updating or maintenance to meet contemporary standards and preferences.
Large Lot Maintenance: While the large lot is a strength, it also implies higher ongoing costs and effort for landscaping and general outdoor maintenance, which could be a deterrent for some buyers.