ActiveSingle Family Residence

1850 Katee Lane

Palmdale, CA, 93550

1 / 20View all 20 photos

$590,000

MLS: 25000474

Beds

2

Baths

1

Sq Ft

384

Lot

13.06 ac

Year Built

1939

MLS #

25000474

Days on Market

462

Listed

Jan 21, 2025

Description

**Unbeatable Location with Endless Potential!** Seize the chance to own 13 acres of mostly undeveloped land, offering spectacular views of the Antelope Valley! The property includes a cozy 384 sq. ft. home on a raised foundation that feels larger than its size suggests. Inside, you'll find 2 bedrooms, 1 bath, a functional kitchen, laundry area, and a versatile room currently used as an office. With its own well and septic system, this property is a rare find. Perfect for commuters, it's just minutes from the 14 Freeway and Highway 138, with shopping, schools, and hospitals conveniently nearby. Explore the possibilities and make this unique property your own!

Location

Palmdale, Los Angeles County, CA 93550

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Listed by: Michelle Pendergast · Keller Williams Realty A.V.

Payment estimate

$4,398

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $59,000 · Loan: $531,000

%
Principal & Interest
$3,263
Property tax (1.25%)
$615
Homeowners insurance
$300
Mortgage insurance
$221
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $20,650 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.

Local Market Stats

See Palmdale, CA 93550 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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