1850 Katee Lane
Palmdale, CA, 93550
$590,000
MLS: 25000474
Beds
2
Baths
1
Sq Ft
384
Lot
13.06 ac
Year Built
1939
MLS #
25000474
Days on Market
537
Listed
Jan 21, 2025
Description
**Unbeatable Location with Endless Potential!** Seize the chance to own 13 acres of mostly undeveloped land, offering spectacular views of the Antelope Valley! The property includes a cozy 384 sq. ft. home on a raised foundation that feels larger than its size suggests. Inside, you'll find 2 bedrooms, 1 bath, a functional kitchen, laundry area, and a versatile room currently used as an office. With its own well and septic system, this property is a rare find. Perfect for commuters, it's just minutes from the 14 Freeway and Highway 138, with shopping, schools, and hospitals conveniently nearby. Explore the possibilities and make this unique property your own!
Location
Palmdale, Los Angeles County, CA 93550
Open on Google Maps ↗Also listed on CRMLS · MLS# SR25015166
Listed by: Michelle Pendergast · Keller Williams Realty A.V.
Payment estimate
$4,499
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $59,000 · Loan: $531,000
Average 30-yr fixed rate 6.52% as of Jun 11, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,363
- Property tax (1.25%)
- $615
- Homeowners insurance
- $300
- Mortgage insurance
- $221
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 11, 2026
- 30-year fixed
- 6.52%
- 15-year fixed
- 5.84%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale runs the gamut from the foothill estates of West Palmdale (93551) — Rancho Vista, Anaverde, and the desirable hill-side communities — to the value-priced newer construction of East Palmdale (93552). Central Palmdale (93550) covers the original part of the city and the Civic Center, and 93591 picks up the Llano border. Active listings across all four ZIPs are below. If you are evaluating homes in Palmdale, Mike Watson lives and works the Palmdale market every day. He pairs this listing with a free market analysis for your specific street, an honest read on the financing options that fit (FHA, VA, USDA, CalHFA, conventional, and assumable when the loan supports it), and a side-by-side compare against the rest of the active inventory in the area.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Palmdale home with as little as 3.5% down using an FHA loan — roughly $20,650 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Palmdale, CA 93550 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
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