124 Old Drovers Lane, Bakersfield, CA 93307, Bakersfield, 93307 - 3 bed, 2 bath
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Bakersfield, CA 93307
This property presents a Strong Value Opportunity with a List Price of $324,999—positioned well below the $303,219 Fair Market Value by -7%. While the home carries a Fair Condition Rating and requires cosmetic updates, the 6,970 sqft corner lot and mountain views provide significant upside for forced appreciation. The functional floor plan and lack of HOA fees enhance its long-term utility. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project in a convenient location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Old Drovers Lane Subject | $324,999* List Price | 3 | 2 | 1,325 | $229 | - |
A 5513 La Pinta Maria Sold | $340,000 | 4 | 2 | 1,577 | $216 | 0.8 mi |
B 318 Leeta Pending | $349,900 List Price | 4 | 2 | 1,391 | $252 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999 (25 years old), the property is dated and falls into the Fair category. The bathroom features original builder-grade materials, and the listing description mentions 'endless potential' and 'personal touch,' which typically indicates a need for cosmetic updates. The exterior shows a neglected lawn and original roof/systems likely nearing the end of their typical lifespan.
The property is situated on a spacious 6,970 sqft corner lot, providing extra privacy, curb appeal, and a large backyard with significant potential for outdoor entertaining or expansion.
Built in 1999, the home features raised ceilings that create a bright, open, and airy atmosphere, enhancing the overall sense of space within the functional floor plan.
The residence offers beautiful mountain views and carries no monthly association fees, providing both aesthetic value and lower monthly carrying costs for the homeowner.
The marketing's reliance on AI-enhanced and virtually staged imagery suggests the actual interior condition may be dated or require immediate cosmetic investment to modernize.
At 1,325 square feet for a 3-bedroom home, the interior footprint is relatively modest, which may be a limiting factor for families requiring larger bedrooms or expansive common areas.
Welcome to 124 Old Drovers Lane! Situated on a desirable corner lot, this charming 3-bedroom, 2-bathroom home offers approximately 1,325 square feet of comfortable living space and endless potential. Built in 1999, the home features raised ceilings that create a bright, open atmosphere, along with a functional floor plan perfect for everyday living and entertaining. The spacious backyard provides plenty of room for outdoor enjoyment and future possibilities. Conveniently located near schools, parks, shopping, dining, and commuter routes, this property is an excellent opportunity for first-time buyers, investors, or anyone looking to add their personal touch. Don't miss the chance to make this Bakersfield home your own! Some images have been virtually staged and/or enhanced using AI to illustrate the property's potential appearance. Actual conditions may differ.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,325 | - |
| Lot Size | 6,970 | - |
| Price | $325.0K | $399.2K |
| Price per sq ft | $245 | $245 |
| Built year | 1999 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 57 |
Jun 17, 2026
$324,999
Initial Listing
Apr 30, 2024
$322,000
Public Record
Apr 26, 2002
$85,000
Public Record
Oct 15, 1999
$84,000
Public Record