40287 Fieldspring
Palmdale, CA, 93591
$419,900
MLS: SR26119878
Beds
4
Baths
2
Sq Ft
1,248
Lot
0.56 ac
Year Built
1978
MLS #
SR26119878
Days on Market
1
Listed
Jun 2, 2026
Description
Beautifully Updated Home on a Spacious Half-Acre Lot in Lake Los Angeles! Welcome to this exceptional 4-bedroom, 2-bath home nestled in the Lake Los Angeles community of Palmdale. Sitting on nearly half an acre, this property offers both modern comfort and room to grow -- a rare find at this price point. Step inside to a bright, inviting interior featuring contemporary waterproof vinyl plank flooring and an abundance of natural light streaming through large dual-pane windows. The remodeled kitchen is a showstopper, complete with custom pullout drawers, upgraded cabinetry, and modern finishes. Both bathrooms have been beautifully renovated, blending style and functionality. Major updates were completed in recent years, including a newer roof, HVAC system, and electrical panel, as well as New Water Heater just installed last month -- providing peace of mind and energy efficiency. Outside, the expansive lot offers endless possibilities -- whether you dream of creating a garden, adding an ADU, or simply enjoying the open space. The backyard features a custom-built play structure, above ground pool new in 2024 sure to delight, and the two-car garage plus a large driveway provide ample parking for vehicles, toys, and guests. Perfect for outdoor enthusiasts, this location offers easy access to scenic trails, horseback riding, and ATV adventures -- all while being just 20 minutes from the heart of Palmdale and within walking distance to local stores and conveniences.
Location
Palmdale, Los Angeles County, CA 93591
Open on Google Maps ↗Listed by: Cherrie Brown · NextHome Real Estate Rockstars
Payment estimate
$3,291
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $41,990 · Loan: $377,910
- Principal & Interest
- $2,396
- Property tax (1.25%)
- $437
- Homeowners insurance
- $300
- Mortgage insurance
- $157
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 May 28, 2026
- 30-year fixed
- 6.53%
- 15-year fixed
- 5.87%
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. 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 $14,697 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.
Similar Homes Nearby
Active and pending listings in ZIP 93591 (Palmdale)within ±10% of this home's price and size.
$380,000
39132 161st Street E
Palmdale, 93591
Active94 DOM$380,000
39132 E 161st Street
Palmdale, 93591
Pending12 DOM$380,000
40141 E 174th Street
Palmdale, 93591
$389,900
39044 162nd E
Palmdale, 93591
$389,999
40030 176th E
Palmdale, 93591
Pending35 DOM$389,999
40030 E 176th Street
Palmdale, 93591
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.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.