40051 W 72nd Street
Leona Valley, CA, 93551
$775,000
MLS: 26007065
Beds
4
Baths
3
Sq Ft
2,646
Lot
2.49 ac
Year Built
1971
MLS #
26007065
Days on Market
52
Listed
Sep 10, 2026
Description
What an incredible opportunity to live on a fabulous 2.5 acre horse property in the hidden gem of Leona Valley. This beautiful mid-century modern custom home is close enough to city living for all the conveniences, but far enough away to unwind in the ultimate peaceful and tranquil location, where you can see open starry skies at night. Privacy and views abound in this recently updated sprawling single story home with 4 large bedrooms, 2 bathrooms and attached ADU with additional bedroom and bathroom complete with Murphy bed and kitchenette. Perfect for guests or in-laws! Walls of windows let you take in breathtaking views from every room. Open floorpan with wood beam ceilings and so much outdoor space for all your family gatherings. So many recent improvements, including updated kitchen with quartz countertops, new appliances and fixtures, updated bathrooms, new light fixtures and wall outlets in entire home, and so much more! Newer HVAC. Full update list will be provided. Outside, there's a fabulous barn for your horses and farm animals, as well as an oversized pasture area with new gates and electric fence. All the critters will be so happy here! So much garden space. Entire property is fenced and gated. New 50 amp RV plug at barn. Oversized 40 x 28 concrete pad may make an amazing shop or additional storage. Whether you are looking for a family farm or escape from city life, or both, you won't want to miss this unique, charming and versatile property! Welcome Home!
Location
Leona Valley, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: Nancy Manning · Keller Williams Realty-Exclusive Properties
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
$6,151
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,500 · Loan: $697,500
Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $4,753
- 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 Oct 29, 2026
- 30-year fixed
- 7.24%
- 15-year fixed
- 6.60%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
Palmdale, CA in context
Palmdale fits buyers who want Plant 42 access, west-side foothill streets in 93551, or east-of-the-14 value. The side of town matters more than the city slogan. Anaverde and Rancho Vista share 93551 and do not share the same HOA or tax bill. Central Palmdale is 93550. East Palmdale includes 93552 and 93591. Mike Watson, Keller Williams in Palmdale, DRE #01712313, licensed since 2005, prices those pockets separately. Open the west or east hub first. If Edwards is also in the household, use the two-gate housing guide next to the Plant 42 page. If you are evaluating homes in Leona Valley, 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 Leona Valley home with as little as 3.5% down using an FHA loan — roughly $27,125 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.
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