1218 Water Street, Bakersfield, CA 93305, Bakersfield, 93305 - 2 bed, 1 bath

1218 Water Street, Bakersfield, CA 93305 home-pic-0

1218 Water Street

Bakersfield, CA 93305

ACTIVE
CONDITION: EXCELLENT
2Beds
1Baths
1,042Sq Ft
7,970Lot Size

Property Price

LIST PRICE$305,000
EST. MARKET VALUE
$305,000

SUMMARY

Estimated Market Value

$305,000
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1218 Water Street
Subject
$305,000*
List Price
211,042$293-
A
2512 Lynn Street
Sold
$315,000411,196$2630.5 mi
B
1801 Bernard Street
Sold
$265,000311,108$2390.6 mi
C
2905 Arnold Street
Sold
$351,000321,264$2780.5 mi
D
2616 N King Street
Active
$315,000
List Price
311,100$2860.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

The property has undergone an extensive renovation within the last 2 years, effectively stripping it down and rebuilding it. It features a brand-new kitchen with modern cabinetry and countertops, updated bathroom finishes, new flooring, and recessed lighting throughout. Major high-value systems, including the roof and HVAC, have also been recently replaced, meeting the criteria for a fully renovated home with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7970, living area = 1042.

  • Comprehensive Modern Renovations

    The home has been completely revamped with a brand-new kitchen, updated bathroom, new flooring, and recessed lighting, offering a turnkey, move-in-ready experience for the buyer.

  • High-Value System Upgrades

    Significant investments have been made in major components, including a roof replaced within the last two years and a newer HVAC system, providing long-term peace of mind and reducing immediate maintenance costs.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7970, other record lot size in square feet = 7840. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1042, other record living area = 850.

  • Recently Sold Property

    The property was recently sold within the past year on 2025-08-12. The sold price is $160,000.00.

  • Low School Ratings

    The assigned elementary and middle schools carry low ratings (2/10), which may impact the property's appeal to families prioritizing high-performing educational districts.

About 1218 Water Street

Completely Revamped & Move-In Ready! This 2 bed, 1 bath charmer on Water St has been stripped down and rebuilt with todays buyer in mind. Youll love the brand-new kitchen with sleek cabinetry, modern countertops, and updated fixtures. The bathroom shines with fresh finishes, while new floors, recessed lighting, and stylish fixtures run throughout. Major $$$ improvements already done for you: roof replaced within the last 2 years, newer HVAC/AC system, and fresh interior & exterior paint. That means the big-ticket items are handled just bring your furniture. Detached garage offers storage or potential ADU opportunity. Centrally located near schools, parks, and quick freeway access. This isnt just another flip its a fully reimagined home where all the expensive upgrades are DONE

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1947
Lot Size
7,970 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Bakersfield Unified Schools

Myra A. Noble Elementary School

Grades K-5 • 0.3 mi

2/10

Jefferson Elementary School

Grades K-5 • 0.8 mi

3/10

Longfellow Elementary School

Grades K-6 • 1.3 mi

2/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
35%
Baths1.01.0
50%
Square foot1,0421,162
30%
Lot Size7,9707,273.5
65%
Price$305.0K$277.5K
60%
Price per sq ft$293$228
85%
Built year19471948
50%
HOA$0$0
50%
Days on market75215
5%

Pricing History

Listed for Sale

Dec 22, 2025

$305,000

Initial Listing

Sold

Aug 12, 2025

$160,000

Public Record

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