1129 Greenwood Drive, Bakersfield, CA 93306, Bakersfield, 93306 - 5 bed, 3 bath
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Bakersfield, CA 93306
This Spacious Ranch-Style Residence is listed at $400,000, positioned well below the $402,796 Fair Market Value by 1%. This valuation provides $2,796 in Instant Equity for the buyer. Boasting a Condition Rating of 4, the property features critical functional upgrades including a brand-new roof and an advanced solar system with battery backups for maximum energy efficiency. The 5-bedroom layout with new plank flooring offers rare scale and versatility on a 1/4-acre lot. It is a perfect fit for Owner-Occupants or multi-generational families seeking a high-capacity, move-in-ready home.
Property is moderate renovation needed.
The property has received several significant functional and cosmetic updates, including a brand-new roof, an extensive solar system with battery backups, new plank flooring, and fresh carpet. The kitchen has been refreshed with modern countertops and stainless steel appliances. However, the home, built in 1978, still shows its age in key areas: the bathrooms feature dated vanities, tiling, and fixtures, and the exterior yard and covered patio areas appear unmaintained or unfinished. It fits the 'fair' criteria as an aged home maintained through regular upkeep and partial updates, but requiring further minor renovations to fully modernize.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11408, living area = 2311.
The property features a robust energy setup including an owned solar system, a leased solar system, and four backup batteries, offering significant utility savings and power reliability in the Bakersfield climate.
Significant capital improvements including a brand-new roof, updated kitchen, new plank flooring, and fresh carpeting provide a move-in-ready experience and reduce immediate maintenance costs for the buyer.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =11408, other record lot size in square feet = 11761. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2311, other record living area = 2167.
The combination of owned and leased solar systems requires the buyer to qualify for and assume a lease agreement, which can complicate the financing process and escrow period.
Despite modern cosmetic updates, the 1978 construction suggests that original underlying systems such as plumbing or electrical may not meet the same standards as newer builds.
Welcome to the beautifully upgraded ranch-style home situated on a spacious 1/4-acre lot in highly desirable East Bakersfield. Offering 5 bedrooms and 3 bathrooms, this property provides generous space to fit a variety of living needs. Recent improvements give peace of mind and modern appeal, including brand-new roof, an owned solar system plus an additional leased solar system with over four backup batteries for added energy efficiency and reliability.The updated kitchen features stylish finishes and flows seamlessly into the main living areas. New plank flooring enhances the common spaces, while brand-new carpet adds comfort in all bedrooms.Conveniently located near schools, shopping, dining, and everyday amenities, this property combines comfort, efficiency, and unbeatable location. Don't miss the opportunity to make this exceptional home yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 91% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 2,311 | 1,945.5 | 82% |
| Lot Size | 11,408 | 7,448 | 85% |
| Price | $350.0K | $352.4K | 50% |
| Price per sq ft | $151 | $211 | 9% |
| Built year | 1978 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 48 | 177 | 3% |
Mar 30, 2026
$350,000
$400,000
-12% Price Drop
Initial Listing
Mar 5, 2026
$400,000
Initial Listing