38510 E 159th Street
Palmdale, CA, 93591
$349,900
MLS: 26007144
Beds
2
Baths
1
Sq Ft
828
Lot
1.02 ac
Year Built
1986
MLS #
26007144
Days on Market
3
Listed
Sep 14, 2026
Description
MOUNTAIN VIEWS • 1.02 ACRES • DUAL ACCESS • SINGLE-STORY HOME Great opportunity to own a cozy single-story home on an expansive 1.02-acre lot in the Lake Los Angeles area of Palmdale! Surrounded by beautiful desert landscape and stunning mountain backdrop views, this property offers the space, privacy. The home features approximately 828 square feet of living space, including 2 bedrooms and 1 bathroom, making it an excellent starter home, weekend retreat, or opportunity for a buyer looking to add their own personal touches. The inviting living room opens to a cozy U-shaped kitchen, creating a comfortable and functional layout. Additional features include dual-pane windows, exterior stucco, and a good-size 2-car garage. Step into the spacious backyard, where a mature trees provides refreshing summer shade and creates an ideal setting for barbecues, family gatherings, and outdoor entertainment. The 1.02-acre lot provides plenty of room to enjoy the desert lifestyle and explore future possibilities, while convenient access from both 159th Street East and 160th Street East adds versatility to the property. With some tender loving care and a little imagination, this home has the potential to become a wonderful place to call home. Don't miss the opportunity to own a home with acreage, mountain views, privacy, and tremendous potential! Call today for more details and to schedule your private showing. ¡También podemos ayudarle en español!
Location
Palmdale, Los Angeles County, CA 93591
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26199987
Listed by: Miguel Castellanos · RE/MAX All-Pro
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$2,840
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $34,990 · Loan: $314,910
Average 30-yr fixed rate 6.76% as of Sep 10, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,045
- Property tax (1.25%)
- $364
- Homeowners insurance
- $300
- Mortgage insurance
- $131
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 Sep 10, 2026
- 30-year fixed
- 6.76%
- 15-year fixed
- 6.09%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Lake Los Angeles, CA in context
Lake Los Angeles is an unincorporated east-AV community in ZIP 93535, about 20 minutes east of Palmdale. Buyers come here for the most house-per-dollar in the AV — half-acre to multi-acre lots, fewer HOAs, and a quiet semi-rural pace. Many listings include desert acreage suitable for horses, RVs, or future expansion. Mike Watson knows the Lake Los Angeles and east-AV acreage market and has guided buyers here since 2005. If you are evaluating homes in Palmdale, Mike Watson lives and works the Lake Los Angeles 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 $12,247 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.
USDA Rural Development — 100% Financing＋
ZIP code 93591 qualifies for USDA Rural Development financing — 100% financing with no down payment for income-eligible buyers. USDA loans offer below-market interest rates and reduced mortgage insurance premiums, making this one of the most affordable paths to homeownership in Palmdale. Check your household income eligibility at eligibility.sc.egov.usda.gov.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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