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PendingSingleFamilyResidence

7959 Cherrystone

Panorama City, CA, 91402

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$700,000

MLS: SR26229026

Beds

4

Baths

2

Sq Ft

1,340

Lot

0.13 ac

Year Built

1950

MLS #

SR26229026

Days on Market

11

Listed

Oct 22, 2026

Description

--Offer deadline is Monday, 11.02.2026, at 9:00am.--Welcome to this move-in ready, light-filled single-story charmer, located on a quiet street in the heart of Panorama City! This lovely home features 4 bedrooms and 1.5 bathrooms with over 1,340 sq.ft of living space, nestled on a 5,600+ square-foot lot. The drought-tolerant front garden with olive trees and vibrant bougainvillea, a paver walkway, and a classic covered front porch. Step inside, and you'll be captivated by natural light pouring in through the windows and the easy flow between the living room, dining area, and kitchen. The spacious primary bedroom boasts a stunning vaulted, wood-beamed ceiling and French doors that open directly to the backyard. A secondary bedroom with a custom wood-paneled built-in wall and bookshelves makes the perfect home office. The big-ticket items have been done for you: OWNED SOLAR with a new electrical panel (2021), WHOLE-HOUSE REPIPE with copper supply and ABS drain lines (2013), NEW ROOF stripped down to the studs (2013), central HVAC (2013, new motor 2021), water heater (2019), and laminate flooring throughout with premium padding. Step outside to your own private retreat: a large covered patio for al fresco dining, mature trees, a hammock nook, and a cozy fire pit lounge made for unforgettable evenings. The automatic gated driveway offers RV PARKING and leads to a detached 2-car garage, providing future upside potential and a potential ADU-conversion. Centrally located just minutes from Kaiser Permanente Panorama City Medical Center, the Van Nuys Metrolink/Amtrak station, a major shopping center with a movie theater, and a wide variety of restaurants and markets, many within walking distance, with easy access to the 405, 5, and 170 freeways. This property is not just a home, it's an investment in the future!

Location

Panorama City, Los Angeles County, CA 91402

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Listed by: Evelyn Georgieva · Beverly and Company, Inc.

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

$5,585

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $70,000 · Loan: $630,000

%

Average 30-yr fixed rate 7.24% as of Oct 29, 2026 (Freddie Mac PMMS). Adjust to your quote.

Principal & Interest
$4,293
Property tax (1.25%)
$729
Homeowners insurance
$300
Mortgage insurance
$263
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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

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

Financing Options

FHA Financing — 3.5% Down+

First-time and repeat buyers can purchase this Panorama City home with as little as 3.5% down using an FHA loan — roughly $24,500 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

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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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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.