
Bakersfield, CA 93304
This property presents a High-Potential Investment Opportunity with a List Price of $240,000—positioned well below the $242,861 Fair Market Value by 1%. This valuation gap offers $2,861 in Instant Equity. Featuring Solar Panels and Updated HVAC, the home provides essential energy efficiency despite its Condition Rating of 5. While the interior requires a full kitchen remodel, the 3-bedroom layout and Patio offer significant value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 Saxon Way Subject 3 bd · 1 ba · 1,080 sqft · $211 | $210,000* List Price | 3 | 1 | 1,080 | $211 | - |
A 508 El Prado Sold 2 bd · 1 ba · 992 sqft · $247 · 0.6 mi | $245,000 | 2 | 1 | 992 | $247 | 0.6 mi |
B 1108 S Chester Sold 3 bd · 1 ba · 1,167 sqft · $206 · 0.3 mi | $240,000 | 3 | 1 | 1,167 | $206 | 0.3 mi |
C 2709 Laurel Drive Pending 3 bd · 1 ba · 1,055 sqft · $142 · 0.9 mi | $150,000 List Price | 3 | 1 | 1,055 | $142 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957, this property is nearly 70 years old and features a highly outdated, 'old school' kitchen that requires a complete rehab. While the inclusion of updated HVAC and solar panels keeps it livable and prevents a tear-down classification, the overall interior is significantly dated and best suited for an investor looking to do a major renovation.
The property includes a solar power system, offering significant long-term savings on utility costs and increasing the home's overall value.
Equipped with a full HVAC system for both heating and cooling, the home ensures year-round comfort, which is a vital feature for the Bakersfield climate.
Priced competitively at $240,000 with no HOA fees, this 3-bedroom home represents an excellent entry-level opportunity for first-time buyers or a high-yield rental for investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6242, other record lot size in square feet = 6098.
With only one bathroom serving three bedrooms, the layout may present logistical challenges for families and could limit market appeal compared to 3/2 configurations.
The 'old school' kitchen and 1950s vintage suggest that the property likely requires cosmetic updates or a full remodel to meet modern aesthetic standards.
1412 Saxon Way has 3 bedrooms and 1 bathroom with a detached garage. Old school kitchen with tiled flooring and wood plank flooring throughout the rest of the home with heating and cooling HVAC AND SOLAR. Great opportunity an investor or first time home buyers starting off on the right foot with a home of possibilities.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,080 | 1,656.81 |
| Lot Size | 6,242 | 8,069.772 |
| Price | $210.0K | $414.9K |
| Price per sq ft | $194 | $246 |
| Built year | 1957 | 1986 |
| HOA | $0 | $180 |
| Days on market | 35 | 65 |
Sep 26, 2026
$210,000
$225,000
-7% Price Drop
Initial Listing
Sep 22, 2026
$225,000
$240,000
-6% Price Drop
Initial Listing
Sep 19, 2026
$240,000
Initial Listing