7331 W Avenue O8
Leona Valley, CA, 93551
$950,500
MLS: 26004249
Beds
3
Baths
3
Sq Ft
3,000
Lot
2.49 ac
Year Built
1975
MLS #
26004249
Days on Market
0
Listed
May 29, 2026
Description
Amazing Leona Valley VIEW property situated on approximately 2.5 acres with incredible features rarely found in one property. This unique estate offers breathtaking panoramic views along with two huge storage buildings, one approximately 30x50 with 14-foot doors and a second approximately 30x60 with 12-foot doors, both complete with electricity, water, and drains -- perfect for contractors, car collectors, RV storage, workshop space, or a home-based business. This exceptional property also features two water sources including AVEK water and a private well, plus 36 contracted solar panels for added efficiency and savings. Inside, the home offers a spacious floor plan featuring a large living room with stunning Leona Valley views and a beautiful brick fireplace, a formal dining room, oversized family room, and a huge game room perfect for entertaining. The large kitchen offers abundant cabinetry, generous counter space, and all the standard appliances. The spacious primary suite includes a large soaking tub and plenty of room to relax and unwind. The grounds are truly spectacular with a gated entry, beautiful koi pond with waterfall, approximately 391 sq. ft. palapa patio complete with built-in BBQ, pump house, and an expansive covered rear patio designed to capture the million-dollar views. Additional outdoor features include an in-ground spa and maintenance-free artificial grass in the backyard. This is truly a one-of-a-kind Leona Valley property offering incredible views, massive storage buildings, dual water sources, solar, and endless possibilities.
Location
Leona Valley, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: Joe Mayol · eXp Realty of California, Inc.
Payment estimate
$7,070
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $95,050 · Loan: $855,450
- Principal & Interest
- $5,424
- Property tax (1.25%)
- $990
- Homeowners insurance
- $300
- Mortgage insurance
- $356
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
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 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 $33,268 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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