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Palmdale, CA, 93551
$399,999
MLS: IV26139638
Beds
3
Baths
2
Sq Ft
1,449
Lot
5.13 ac
Year Built
1964
MLS #
IV26139638
Days on Market
2
Listed
Jun 26, 2026
Description
INVESTOR ALERT!!! Horse Property on 5+ Acres in Leona Valley. Calling all cash investors! This is the rehab opportunity you've been waiting for. Tucked into one of Leona Valley's most desirable areas just minutes from Palmdale and the 14 Freeway, this 3-bedroom, 2-bathroom home sits on over 5 usable acres and includes a huge bonus room perfect as a 4th bedroom or ADU conversion. True horse property with ranch-style stalls, multiple outbuildings and sheds, a double car garage, RV hookups, plus the property is fully fenced. The home runs on its own private well with a large water storage tank and backup generator for total self-sufficiency, and the septic tank has been recently repaired. Sold strictly AS-IS, this property is priced to reflect its condition and is built for investors ready to bring their vision. Cash only, bring your toughest crew and your boldest ideas, because a property with this much land, this much infrastructure, and this much upside doesn't come around often.
Location
Palmdale, Los Angeles County, CA 93551
Open on Google Maps ↗Listed by: BLANCA ASH · Real Brokerage Technologies
Payment estimate
$3,140
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $40,000 · Loan: $359,999
Average 30-yr fixed rate 6.49% as of Jun 25, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $2,273
- Property tax (1.25%)
- $417
- Homeowners insurance
- $300
- Mortgage insurance
- $150
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 Jun 25, 2026
- 30-year fixed
- 6.49%
- 15-year fixed
- 5.84%
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 $14,000 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
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