15318 Albert Way, Bakersfield, CA 93314, Bakersfield, 93314 - 4 bed, 2 bath
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Bakersfield, CA 93314
This Spacious Single-Family Residence represents a Prime Investment Opportunity, listed at $650,000—positioned well below the $666,036 Fair Market Value by 2%. This valuation gap provides $16,036 in Instant Equity. Featuring a Fair Condition Rating, the home offers a Split-Wing Floor Plan, Solar Panels, and a Private Pool. Located near Centennial Elementary and Rosedale Middle, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15318 Albert Way Subject | $650,000* List Price | 4 | 2 | 2,738 | $220 | - |
A 15503 Marty Sold | $525,000 | 4 | 2 | 2,312 | $227 | 0.1 mi |
B 1933 Kellie Marie Sold | $540,000 | 5 | 3 | 2,601 | $208 | 0.2 mi |
C 15413 Carparzo Drive Sold | $465,000 | 3 | 2 | 1,722 | $270 | 0.9 mi |
D 16016 Clarisse Street Active | $375,000 | 4 | 3 | 2,633 | $224 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the property is well-maintained but significantly dated. The kitchen and bathrooms feature original tile countertops, older cabinetry, and white appliances that reflect the home's age. While functional and move-in ready, it requires cosmetic updates to meet modern standards, fitting the >20y 'Fair' criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2738.
The property features a large 11,761 sqft lot with a sparkling pool, security fencing, and a covered patio, perfectly suited for Bakersfield's climate and outdoor gatherings.
The 2,738 sqft floor plan offers a highly desirable split-wing design for maximum privacy, including four spacious bedrooms plus a dedicated office with built-in cabinetry.
For a home of over 2,700 sqft with four bedrooms and an office, having only two bathrooms may be a logistical challenge for larger families or guests.
Built in 1998, the interior may require modern aesthetic upgrades to the kitchen and bathrooms to compete with newer luxury builds in the area.
What a Beauty! You'll love this spacious 4-bedroom plus office, 2-bath home with a 3-car garage! Featuring a desirable split-wing floor plan, this home offers a massive great room with a stunning stone fireplace, a formal dining room currently used as a music room, and a private office with built-in cabinetry. Solar. The beautifully designed kitchen boasts abundant cabinet space, and a breakfast nook overlooking the sparkling pool. Additional features include an indoor laundry room with extra storage and generously sized bedrooms. The primary suite is a true retreat with a double-sided fireplace, backyard access, a spacious en-suite bath with a double sink, a separate jetted tub and shower, and a walk-in closet. Step outside to enjoy the covered patio, mature landscaping, and a refreshing pool with a security fence perfect for entertaining and family gatherings.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,738 | - |
| Lot Size | 11,761 | - |
| Price | $650.0K | $399.2K |
| Price per sq ft | $237 | $245 |
| Built year | 1998 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 57 |
Jun 5, 2026
$650,000
Initial Listing
May 7, 1999
$225,000
Public Record
Oct 24, 1997
$26,000
Public Record