38655 159th Street
Palmdale, CA, 93591
$387,000
MLS: MB26179666
Beds
4
Baths
2
Sq Ft
1,300
Lot
0.93 ac
Year Built
1983
MLS #
MB26179666
Days on Market
0
Listed
Aug 17, 2026
Description
Spacious 4 bedroom home with large lot & ADU potential in Palmdale. Welcome to this spacious family home, situated on an impressive 40,481 lot size, with plenty of parking, a large backyard, RV access, and ample room for gatherings, this property offers a fantastic opportunity for homeowners looking for space and flexibility. The home features 4 bedrooms and 2 bathrooms, including a spacious primary room with his-and-hers closets and a private bathroom. The inviting living room includes a fireplace, perfect for cozy evenings. Recent improvements include new plumbing and a new septic tank. The oversized backyard features a patio and plenty of open space for entertaining, recreation, gardening, or future projects. The property also offers RV access and abundant parking. The garage provides washer & dryer hookups. Don't miss this opportunity to own a spacious property with tremendous potential.
Location
Palmdale, Los Angeles County, CA 93591
Open on Google Maps ↗Listed by: WENDY BENITEZ · Excellence RE Real Estate
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
$3,089
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $38,700 · Loan: $348,300
Average 30-yr fixed rate 6.67% as of Aug 13, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,241
- Property tax (1.25%)
- $403
- Homeowners insurance
- $300
- Mortgage insurance
- $145
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 Aug 13, 2026
- 30-year fixed
- 6.67%
- 15-year fixed
- 5.96%
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 $13,545 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
See Palmdale, CA 93591 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
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