
Bakersfield, CA 93312
This Ranch-Style Property represents a High-Potential Investment Opportunity, listed at $629,999—positioned above the $566,541 Fair Market Value. While priced above current estimates, the 30,056 sq ft lot with R-S Zoning provides rare versatility for an ADU or equestrian use. Featuring an updated kitchen and primary bath, the home maintains a Condition Rating of 3. The unfinished guest house offers significant value-add potential for those seeking to expand living space. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to customize a private oasis.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10611 Shellabarger Subject 3 bd · 2 ba · 1,469 sqft · $386 | $629,999* List Price | 3 | 2 | 1,469 | $386 | - |
A 10650 Shellabarger Rd Active 3 bd · 2 ba · 1,518 sqft · $362 · 0.1 mi | $549,000 List Price | 3 | 2 | 1,518 | $362 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1978, the property has undergone significant interior updates including a renovated kitchen with stone countertops and an updated primary bathroom with marble. The home features modern laminate flooring and recessed lighting, appearing well-maintained and move-in ready, though the guest house requires finishing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1469.
The massive 30,056+ sq ft lot with R-S zoning provides rare versatility for horses, ADUs, or large-scale outdoor projects in a desirable Bakersfield location.
A gated pool, covered patio, and mature trees create a private oasis perfect for entertaining and enjoying the warm local climate.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =43560, other record lot size in square feet = 30056.
The bonus guest house requires additional capital investment and construction to complete, which may be a deterrent for buyers seeking a fully move-in-ready property.
At 1,469 sq ft for a $629,999 list price, the interior living space is relatively modest compared to the overall investment, potentially limiting appeal for buyers prioritizing indoor square footage.
Location, location, location! This fantastic R-S Zoning, 30,056 sq ft. lot ranch-style property has just hit the market and offers plenty of space, charm, and potential. Featuring 3 bedrooms, 2 bathrooms, a separate family room, and an open floor plan with a convenient breakfast bar, this home is designed for comfortable everyday living. Large windows provide beautiful views of the backyard and bring in an abundance of natural light.The primary bedroom features an updated bathroom with marble countertops and a walk-in shower. Step outside to enjoy the spacious backyard, complete with a covered patio, mature trees providing plenty of shade, and a beautiful, gated pool perfect for relaxing and enjoying those warm summer days.A separate fenced area offers even more possibilities, with plenty of room for an ADU, horses, or other outdoor needs. The property also includes a bonus guest house that is ready for you to finish and customize to your liking. Schedule your showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,469 | 1,656.81 |
| Lot Size | 43,560 | 8,069.772 |
| Price | $630.0K | $414.9K |
| Price per sq ft | $429 | $246 |
| Built year | 1978 | 1986 |
| HOA | $0 | $180 |
| Days on market | 64 | 65 |
Aug 21, 2026
$629,999
Initial Listing
Jun 22, 2022
$400,000
Public Record
Mar 30, 1995
$127,000
Public Record