5115 Claro Way, Palmdale, California 93551, Palmdale, 93551 - 5 bed, 3 bath
ACTIVE$595,000
5115 Claro Way, Palmdale, California 93551
5Beds
3Baths
2,603Sqft
10,606Lot
Price Vs. Estimate
The estimated value ($588,482.92) is $6,517.08 (1%) lower than the list price ($595,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10606, living area = 2603.
Top Cons:
Multiple Price Reductions: The property has undergone two price reductions from its original list price of $650,000 to $595,000, which may indicate initial overpricing or challenges in attracting buyer interest.
Compared to the nearby listings
Price:$595.0K vs avg $625.0K ($-30,000)44%
Size:2,603 sqft vs avg 2,350 sqft62%
Price/sqft:$229 vs avg $27218%
More Insights
Built in 1989 (36 years old).
Condition: Built in 1989, this property is functional and appears maintained, but the kitchen and bathrooms are significantly outdated in style and materials. The kitchen features bright green cabinets, yellow walls, tile countertops, and an older fluorescent light fixture. Bathrooms have dated wood cabinets, tile countertops, and vanity lighting. While hardwood floors are a positive, these key areas require substantial cosmetic updates to meet current buyer expectations. Major systems may also be nearing the end of their lifespan, and central AC is not explicitly mentioned.
Year Built
1989
Close
-
List price
$595K
Original List price
$650K
Price/Sqft
$229
HOA
-
Days on market
-
Sold On
-
MLS number
PW25167991
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills
About this home
Located in the highly sought-after community of The Summit, this beautiful home offers comfort, character, and charm in a neighborhood known for its wide streets, sidewalks, streetlights, and a vibrant community of walkers and joggers. Amazing views to the city and mountains. Inside, you'll find elegant Australian Cypress hardwood floors on the main level, a commercial stove in the kitchen for the best cooks, and a spacious enclosed patio—perfect for a game room, yoga studio, or additional entertaining space. The inviting front courtyard is ideal for relaxing evenings by the fire pit or a cozy bench swing, with a calming ambiance. RV access and parking. Gas hookups for barbecue outside. Near great schools. Come experience life on the hill!
Nearby schools
5/10
Rancho Vista Elementary School
Public,•K-6•0.7mi
7/10
Hillview Middle School
Public,•6-8•0.6mi
6/10
Leona Valley Elementary School
Public,•K-8•3.9mi
6/10
Quartz Hill High School
Public,•9-12•3.1mi
Condition Rating
Fair
Built in 1989, this property is functional and appears maintained, but the kitchen and bathrooms are significantly outdated in style and materials. The kitchen features bright green cabinets, yellow walls, tile countertops, and an older fluorescent light fixture. Bathrooms have dated wood cabinets, tile countertops, and vanity lighting. While hardwood floors are a positive, these key areas require substantial cosmetic updates to meet current buyer expectations. Major systems may also be nearing the end of their lifespan, and central AC is not explicitly mentioned.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10606, living area = 2603.
Prime Community Location: Located in 'The Summit,' a highly sought-after community known for its wide streets, sidewalks, streetlights, and a vibrant community of walkers and joggers, offering an attractive lifestyle.
Exceptional Views: The property boasts amazing city and mountain views, enhancing its aesthetic appeal and providing a desirable backdrop for daily living.
Upgraded Interior Features: Features elegant Australian Cypress hardwood floors on the main level and a commercial stove in the kitchen, appealing to buyers seeking quality finishes and a chef's kitchen.
Versatile Additional Living Space: Includes a spacious enclosed patio, offering flexible options for a game room, yoga studio, or additional entertaining space, adding significant functional value.
Outdoor & Practical Amenities: Provides convenient RV access and parking, gas hookups for outdoor barbecues, and an inviting front courtyard with a fire pit, catering to various outdoor and practical needs.
Cons
Multiple Price Reductions: The property has undergone two price reductions from its original list price of $650,000 to $595,000, which may indicate initial overpricing or challenges in attracting buyer interest.
Potential for System Updates: Built in 1989, while some cosmetic upgrades are noted, key systems such as HVAC, plumbing, or electrical may be original or nearing the end of their lifespan, potentially requiring future capital expenditure.
Absence of Mentioned Central AC: The property description does not explicitly mention a central air conditioning system, which is a significant comfort feature in Palmdale's climate and could be a drawback for some prospective buyers.