38553 Lion Way
Palmdale, CA, 93551
$774,900
MLS: 26003668
Beds
6
Baths
3
Sq Ft
3,573
Lot
0.50 ac
Year Built
2006
MLS #
26003668
Days on Market
6
Listed
May 7, 2026
Description
Welcome to the prestigious Hillsides of Calico Terrace--where elevated living meets everyday comfort on a quiet, exclusive cul-de-sac street Lion Way in West Palmdale. Framed by breathtaking mountain backdrop views, this exceptional 3,569 sq ft residence delivers a rare blend of space, elegance, and resort-style living beautifully situated on a peaceful Cul-De-Sac with breathtaking city views enjoyed right from your front porch. This exceptional property offers the perfect blend of luxury, comfort, and outdoor living designed for both relaxation and entertaining. Step into your own private backyard oasis featuring a sparkling pool and spa, custom barbecue area for summertime gatherings, and a large custom patio cover complete with an outdoor fireplace, creating the ultimate outdoor entertainment experience year-round.Inside, this stunning home has been fully upgraded with modern elegance throughout. The spacious open-concept design showcases upgraded kitchen appliances, a large quartz countertop island, custom wood flooring, and beautifully remodeled modern bathrooms with stylish walk-in showers. Offering 6 spacious bedrooms and 3 fully upgraded bathrooms, this home provides plenty of room for family living, guests, and entertaining in style
Location
Palmdale, Los Angeles County, CA 93551
Open on Google Maps ↗Also listed on CRMLS · MLS# SR26097080
Listed by: Miguel Castellanos · RE/MAX All-Pro
Payment estimate
$5,792
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,490 · Loan: $697,410
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,394
- Property tax (1.25%)
- $807
- Homeowners insurance
- $300
- Mortgage insurance
- $291
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 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
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. As a local Palmdale Realtor since 2005, Mike Watson knows how Rancho Vista, Anaverde, and the east-side tracts price out and which ZIP fits your budget. 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 $27,122 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 93551 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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