40522 Milan Drive
Palmdale, CA, 93551
$625,000
MLS: BB26108482
Beds
4
Baths
3
Sq Ft
2,325
Lot
0.16 ac
Year Built
1990
MLS #
BB26108482
Days on Market
28
Listed
Jun 1, 2026
Description
Welcome to this beautifully updated, move-in ready home with great curb appeal and a spacious, functional layout. The bright living room features vaulted ceilings that flow into the formal dining area. The updated modern kitchen opens to the cozy family room with a fireplace perfect for everyday living and entertaining. The home offers 1 bedroom and 1 full bathroom downstairs, providing flexibility for guests or a home office setup. Upstairs, the spacious primary suite features vaulted ceilings, a soaking tub, separate shower, dual-sink vanity, and walk-in closet, along with 2 additional bedrooms with a Jack and Jill bathroom connected. Recent upgrades include HVAC installed in 2022, water heater replaced in 2020, electrical panel updated in 2025, and a 220V outlet in the 3-car garage for EV charging. Enjoy the covered patio and large backyard with lush green grass, ideal for entertaining, family gatherings, kids, or pets to enjoy the peaceful park-like setting. Don’t miss out on this beautiful move-in ready gem located in a perfect location close to schools, parks, and golf course on a quiet cul-de-sac.
Location
Palmdale, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: Mildred Doniz · Redfin Corporation
Payment estimate
$4,759
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $62,500 · Loan: $562,500
Average 30-yr fixed rate 6.55% as of Jul 16, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,574
- Property tax (1.25%)
- $651
- Homeowners insurance
- $300
- Mortgage insurance
- $234
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 Jul 16, 2026
- 30-year fixed
- 6.55%
- 15-year fixed
- 5.93%
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 $21,875 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
Only large teams outsell Mike Watson · Keller Williams Realty
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