5015 Observation Way, Palmdale, CA 93552
Property image
Property image
OFF MARKET

$529,900

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,250 sqft

5015 Observation Way, Palmdale, CA 93552

Est. Refi. Payment $3,320/mo*
Refinance Your Home
Currently Off Market - Sold Jul 30, 2021 for $472,500

Home Value

Trulia Estimate
$530K
Since last month
Decreased$7K (-1.4%)
Since last year
Decreased$12K (-2.3%)
Since last sale
Increased$58K (+12.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +88% in the last 10 years
MonthEstimated value
2026
August 2026$530K
August 2026$530K
July 2026$538K
June 2026$541K
May 2026$542K
April 2026$539K
March 2026$545K
February 2026$546K
January 2026$538K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5105 Spyglass Dr, Palmdale, CA
0.13
Single-Family Home
$600,000
03/20/26
4
3
2,435
4832 Summerbreeze Ct, Palmdale, CA
0.12
Single-Family Home
$585,000
03/31/26
5
3
3,272
36517 Dewdrop Ct, Palmdale, CA
0.25
Single-Family Home
$385,000
04/30/26
4
3
2,997
36641 Sulphur Springs Rd, Palmdale, CA
0.40
Single-Family Home
$450,000
01/21/26
4
2
1,878
5231 Cisero Dr, Palmdale, CA
0.53
Single-Family Home
$480,000
09/30/25
4
3
1,959
36664 45th St E, Palmdale, CA
0.54
Single-Family Home
$500,000
05/01/26
4
2.5
1,670
36624 Oak Hill St, Palmdale, CA
0.46
Single-Family Home
$300,000
05/08/26
4
3
1,948
36634 Sulphur Springs Rd, Palmdale, CA
0.37
Single-Family Home
$520,000
03/18/26
5
2
1,878
36726 Sulphur Springs Rd, Palmdale, CA
0.41
Single-Family Home
$525,000
10/08/25
5
2
1,878
36403 Chalone Dr, Palmdale, CA
0.30
Single-Family Home
$500,000
04/06/26
3
2
1,851

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
36532 Eveningside Dr, Palmdale, CA 93552
0.04
$515,000
3
2
1,851
For Sale
36470 50th St E, Palmdale, CA 93552
0.07
$588,500
5
4
2,995
Off Market
5105 Spyglass Dr, Palmdale, CA 93552
0.13
$600,000
4
3
2,435
Recently Sold
36455 Fieldglass Ct, Palmdale, CA 93552
0.14
$560,000
4
3
2,358
Off Market
Pearblossom Hwy, Palmdale, CA 93550
0.12
-
-
-
-
Off Market
36425 Eveningside Dr, Palmdale, CA 93552
0.13
$617,500
5
4
2,628
Off Market
4832 Summerbreeze Ct, Palmdale, CA 93552
0.12
$585,000
5
3
3,272
Recently Sold
36426 50th St E, Palmdale, CA 93552
0.13
$574,999
4
3
2,112
For Sale
36415 Reflection Way, Palmdale, CA 93552
0.16
$548,800
4
2.5
2,112
Off Market
E Vic Fort Tejon Rd, Littlerock, CA 93543
0.24
$74,900
-
-
-
For Sale
4824 Stargazer Pl, Palmdale, CA 93552
0.16
$596,300
5
3
2,997
Off Market
36524 Springsong Way, Palmdale, CA 93552
0.17
$578,900
4
2.5
2,746
Off Market

Local Information

  • Map ViewExplore the area around 5015 Observation Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2006
Living Area
2,250 sqft
Price/Sqft
$236

About this House

Must See A Beautiful 2 story home,On the first floor there is a large kitchen, granite counter top,opens to a large living room with a cozy fireplace.A separate formal dining room with a guest 1/2 bath.Up stairs you will find Large master bedroom with a beautiful master bath. follow by 3 other bedrooms 1 bathroom and a laundry room.The home has a nice front yard and large back yard.
5015 Observation Way, Palmdale, CA 93552 is a 4 bedroom, 3 bathroom, 2,250 sqft single-family home built in 2006. It last sold for $472,500 on Jul 30, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $529,900, with a rent estimate of $3,411/month.

Home Details for 5015 Observation Way

Interior Features

Levels, Entrance, & Accessibility
Stories: 2
Heating & Cooling
Air ConditioningCooling System: Central

Property Information

Year Built
Year Built: 2006Year Updated: 2006
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6969 sqft

Price and Tax history

DateEventPrice
Jul 30, 2021
Source: GAVAR #21004674
Sold
$472,500
Jun 6, 2021
Source: GAVAR #21004674
Pending
$450,000
May 27, 2021
Source: GAVAR #21004674
Listed For Sale
$450,000
Jun 15, 2018
Source: GAVAR #18001651
Sold
$357,000
May 8, 2018
Source: Agent Provided
Pending
$355,000

Market trends in Palmdale

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$497K
Sale-to-List Price
100.0%
Price per sq ft
$275
$2MoM
Available listings
605
15MoM

Around this home

What Locals Say about Palmdale

At least 1246 Trulia users voted on each feature.

  • 83 % Say car is needed

  • 83 % Say parking is easy

  • 82 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 78 % Say yards are well-kept

  • 74 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 67 % Say streets are well-lit

  • 59 % Say kids play outside

  • 56 % Say it's walkable to grocery stores

  • 55 % Say people would walk alone at night

  • 54 % Say they plan to stay for at least 5 years

  • 47 % Say neighbors are friendly

  • 46 % Say it's walkable to restaurants

  • 32 % Say there's wildlife

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Johnaonrosie08
    "They would like dog kind to everyone doesn’t like a vicious dog"
    0
    Flag
  • Alexander Batchelor
    "Great walkways and green space. Trash cans spaced appropriately with complimentary poop bag dispensers"
    0
    Flag
  • Dennis Lopez
    "Personal vehicles is necessary for this neighborhood as businesses and comercial centers are spaced farther then a mile "
    0
    Flag
  • Casey Lillestol
    "There are tons of families around this area. The parks are great fun with lots of different sports. Soccer, baseball, and basketball being most popular. But a skatepark and tennis courts are definitely close. It’s a safe neighborhood that feels like home. "
    1
    Flag
  • Loridee And Juan Cantillo
    "It’s a gated community on the east side of Palmdale. It’s relatively safe and near some schools. We have an HOA that actually does their job and even hosts events! "
    1
    Flag
  • Romerocv2003
    "Respect and get along with earth other. It’s well taken care of is clean people here everyone gets along"
    1
    Flag
  • Jose Campos
    "Yes but is very delates I see how waiting to long and sometimes raining and getting too wet or in summer people wait in temperatures above of hundred degrees very hot."
    0
    Flag
  • Carlos Garcia
    "He have a very good neighbors in all the area, is very quiet and safe everyone take the others, I am blessed and happy for this place in Palmdale City thanks "
    10
    Flag
  • Sallara88
    "I lived here for 14 years. It’s a peaceful neighborhood. Neighbors actively walk around the this neighborhood. I’m close to the freeway and the inner city."
    3
    Flag
  • Trulia User
    "Gated community. Friendly neighbors. HHS down the hill. Super quiet area. The community has a lot of trails for walking and hiking."
    0
    Flag
  • Hkfrederickson
    "Nothing. They need to bring back activities for children and adolescents. The mall is a joke. Need a indoor pool on the Westside of Palmdale- like off of Ave N between 50th -55th. "
    2
    Flag
  • Lea Mendez
    "I take a single bus too get too my location and if I’m feeling lazy the train too get to the valley."
    0
    Flag
  • Alicewollman
    "Some people take their aggressive dog off leash, making it unsafe for other dogs and the general public. "
    3
    Flag
  • Angel S.
    "East Palmdale is an amazing place to live. Especially the area around Ave S and 40th street. Amazing schools and all amenities close by. "
    2
    Flag
  • Jmaldonado9966
    "Palmdale/Lancaster is no longer a safe place to live. Couldn’t imagine paying that much on rent for this area "
    9
    Flag
  • Clarkpatriceg
    "Too many people not enough shopping. A little country and run down. Designed a little like Vegas in the lay-out "
    0
    Flag
  • Willie B.
    "I been here only a month and I love it it’s quiet and peaceful extra hot but everyone love the sunshine also most properties have swimming pools and lots of friendly people "
    0
    Flag
  • Mrmrsjsutherland
    "There are always neighbors walking by and they wave and speak. There are fruit trees in our front yard and people passing by occasionally ask if they can have apricots. "
    1
    Flag
  • Lisa P.
    "Elementary school around corner shopping a mile walking distance Quit for most part have sometimes noisy"
    15
    Flag
  • Jim.courtney
    "I have lived here for 12 years and it is very quiet. I came from Simi Valley which rolled up around 8:00 pm. It’s the same here."
    0
    Flag
  • Bengel.courtney
    "There are other families that live in this neighborhood. Kids play on sidewalks and street. there are friendly neighbors in this neighborhood."
    7
    Flag
  • Jay R.
    "No other place like Montera Estates in Palmdale California. Great place to live. Great neighbors would highly recommend. "
    0
    Flag
  • Amilcar S.
    "safe neighborhood friendly People Hardly Any wild party pass 10 lots of green feels 10 degrees cooler because of all the trees. Awesome place to live"
    0
    Flag
  • Paulamarie M.
    "My neighborhood is very quiet. People are respectful of their neighbors. Also, there will not be as many noise complaints due to the amount of space you have "
    0
    Flag
  • Jtruitt20
    "Great place to buy your first home! Has some crime, a lot of fireworks at night, but good place to start."
    11
    Flag
  • Latrease C.
    "I live in AnaVerde Palmdale. Very safe. People walk their dogs morning, noon and night. Very family oriented, remote, and calm community. West Palmdale. "
    0
    Flag
  • Jasmin J.
    "The city lights are nice we ha e a few food trucks out here the difference parks that we also have are nice and remodeled "
    0
    Flag
  • Cosiotammy
    "Dog park events at my neighborhood park. Also holiday community events like the Christmas parade and "
    7
    Flag
  • Steve.hofbauer
    "Lots of dogs in town, everyone has one, we have a couple of great dog parks, there’s one near the west side and one at a new park out on the East side "
    0
    Flag
  • Mrmitchellmls
    "it's a wonderful place you don have to worry about loose dogs everyone animals are well controled and everyone cleans up after there walks . I have been here for 37 years"
    0
    Flag
  • Steve.hofbauer
    "Summer concerts in the park, fall Kaleidoscope Festival, Dry Town Water Park, Playhouse performances, the finest Air Park in the Southwest "
    0
    Flag
  • Banuelosgustavo68
    "yes alway people walking there dogs there alway really frendly in this neighborhood so i dont see any problems "
    0
    Flag
  • Jordinmae1999
    "There are many dog owners that walk their dogs on a regular basis. I often see them walking their dog in the mornings."
    0
    Flag
  • Cindy G.
    "There are lots of families with kids. Lots of schools. Lots of shopping. Lots of people and traffic. "
    4
    Flag
  • Phyllisszierraevittatoe
    "Neighborhood needs more lights, street cleaned of debris and potholes fixed on Q-13. Fields kept clean also"
    0
    Flag
  • Bruce S.
    "Palmdale is dangerous. Living in Palmdale means being armed and trained. The worlds most dangerous street gang (LASD) is present and ridiculously threatening. Observe any traffic stop. In Palmdale the weapon always comes out first. "
    0
    Flag
  • Teno37teen
    "Always keep your children safe bc the people who drive in the neighborhoods don’t look out and have hit dogs and cats Lots of times"
    0
    Flag
  • Mg93551
    "Great but there are plans to add a lot of low income housing on one of the busiest intersections which is sure to cause major congestion soon."
    0
    Flag
  • Bobbi P.
    "My neighborhood is quiet and clean .All my neighbors are friendly. The grocery store is only 5 minutes away from my house."
    0
    Flag
  • Saulchavez323
    "honestly it just depends because on Weekends it’s a good commute but on weekdays it is just awful. There are so many commuters coming from Los Angeles to Palmdale it is really ridiculous!"
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 5015 Observation Way

  • What is 5015 Observation Way estimated to be worth?
    Trulia's estimated value for 5015 Observation Way in Palmdale, CA is $529,900.
  • What is the price history for 5015 Observation Way?
    5015 Observation Way in Palmdale, CA last sold for $472,500 in July 2021.
  • Is Palmdale a buyer's or seller's market?
    Palmdale is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Palmdale?
    The median sale price in Palmdale is $497K. That is roughly unchanged from the prior month.
  • Does 5015 Observation Way have air conditioning?
    Yes, 5015 Observation Way in Palmdale, CA has air conditioning.
  • How big is the lot at 5015 Observation Way?
    The lot at 5015 Observation Way in Palmdale, CA is about 0.16 acres (6,970 sq ft).

Explore by feature - Pet Friendly

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Off Market Homes Near 5015 Observation Way

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