40339 Preston Road
Palmdale, CA, 93551
$699,000
MLS: 26004112
Beds
5
Baths
3
Sq Ft
2,883
Lot
0.17 ac
Year Built
2001
MLS #
26004112
Days on Market
0
Listed
May 23, 2026
Description
Located in Rancho Vista near Rancho Vista Golf Course, highly rated Esperanza Elementary School, and Rancho Vista Park, this spacious two-story home offers a flexible 5-bedroom, 3-bath layout with approximately 2,883 sq. ft. of living space. A dramatic formal living and dining area welcomes you with soaring ceilings, tall stacked windows, and abundant natural light, creating an impressive sense of openness from the moment you enter. The floor plan includes one bedroom and a full bathroom on the ground level, ideal for guests, multigenerational living, or a private office. The kitchen offers excellent storage and everyday functionality, with abundant cabinetry, a large walk-in pantry, center island with sink and dishwasher, countertop range, built-in oven, and easy connection to the casual dining area and rear living space. Upstairs, the home features generously sized bedrooms, including a large primary suite with dual sinks, soaking tub, and separate shower. Outside, block wall fencing and hardscape wrap around the home, creating usable patio areas and low-maintenance outdoor space. A three-car garage adds further convenience in one of West Palmdale's most desirable neighborhood settings.
Location
Palmdale, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: Jared Erfle · Select Service Realty
Payment estimate
$5,271
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $69,900 · Loan: $629,100
- Principal & Interest
- $3,980
- Property tax (1.25%)
- $728
- Homeowners insurance
- $300
- Mortgage insurance
- $262
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 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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. 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 $24,465 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.
Similar Homes Nearby
Active and pending listings in ZIP 93551 (Palmdale)within ±10% of this home's price and size.
$629,900
2134 Shellbark Court
Palmdale, 93551
$634,000
41455 Bristle Cone Dr
Palmdale, 93551
Active67 DOM$635,000
3607 Mountain Shadows Court
Palmdale, 93551
$635,000
3607 Mountain Shadows Court
Palmdale, 93551
Active3 DOM$638,000
37523 Plantain Lane
Palmdale, 93551
$639,000
5101 Meadowsweet
Palmdale, 93551
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
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.