2304 Otto Lane, Bakersfield, CA 93308, Bakersfield, 93308 - 3 bed, 2 bath
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2304 Otto Lane
Bakersfield, CA 93308
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,267Sq Ft
6,689Lot Size
Property Price
LIST PRICE$279,900
EST. MARKET VALUE
$289,007
3% BelowMARKET VALUE
SUMMARY
This Charming Single Family Residence is a Strong Value Opportunity, listed at $300,000—positioned well below the $298,438 Fair Market Value by -0.5%. While the price is at market, the home offers a Condition Rating of 4, featuring a well-maintained interior with new flooring and a relaxing pergola patio. Located in the Highland Park neighborhood, it provides a quiet residential lifestyle. This property is an ideal fit for first-time buyers or Owner-Occupants seeking a move-in ready home with immediate access to local amenities.
Estimated Market Value
$289,007+$9,107 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2304 Otto Lane Subject 3 bd · 2 ba · 1,267 sqft · $228 | $279,900* List Price | 3 | 2 | 1,267 | $228 | - |
A 3307 Pacer Sold 3 bd · 2 ba · 1,385 sqft · $224 · 0.9 mi | $310,000 | 3 | 2 | 1,385 | $224 | 0.9 mi |
B 242 Tanner Michael Dr Sold 3 bd · 2 ba · 1,368 sqft · $249 · 0.9 mi | $340,000 | 3 | 2 | 1,368 | $249 | 0.9 mi |
C 409 Borman Avenue Sold 3 bd · 2 ba · 1,507 sqft · $220 · 0.9 mi | $332,000 | 3 | 2 | 1,507 | $220 | 0.9 mi |
D 321 Circle Drive Active 3 bd · 1 ba · 1,147 sqft · $270 · 0.3 mi | $309,999 List Price | 3 | 1 | 1,147 | $270 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1959, the home is well-maintained with recent surface updates like new carpet and flooring. However, it remains dated with popcorn ceilings, original brick fireplace, and older fixtures, suggesting the kitchen and baths have not had a full modern renovation in over 20 years.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Interior
The home features new carpeting, newer flooring, and a well-maintained interior, offering a move-in-ready experience for buyers.
- Outdoor Living Space
The backyard is equipped with a pergola patio and lush greenery, providing an ideal setting for relaxation and outdoor entertaining.
- Prime Location
Situated in the desirable Highland Park neighborhood north of the river, the property offers a quiet residential feel with convenient access to local amenities.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6689, other record lot size in square feet = 6534.
- Low School Ratings
The local middle school has a low rating of 2/10, which may be a significant concern for families prioritizing high-performing educational districts.
- Older Construction
Built in 1959, the property may require more frequent maintenance or updates to aging infrastructure compared to newer residential builds.
About 2304 Otto Lane
Welcome to this charming home in the desirable Highland Park neighborhood, conveniently located just north of the River. This well-maintained 3-bedroom, 1.75-bath home offers with a 2-car garage. The spacious formal living room features a cozy fireplace, while the inviting kitchen offers a breakfast nook, and abundant cabinet storage. Generously sized bedrooms, new carpet, newer flooring, and a clean, well-cared-for interior. The backyard offers a pergola patio and lush greenery perfect for relaxing, entertaining, and enjoying all your gatherings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1959
- Lot Size
- 6,689 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Highland Elementary School
Grades K-5 • 0.5 mi
4/10
Standard Middle School
Grades 6-8 • 1.0 mi
2/10
North High School
Grades 9-12 • 0.9 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,267 | 1,656.81 |
| Lot Size | 6,689 | 8,069.772 |
| Price | $279.9K | $414.9K |
| Price per sq ft | $221 | $246 |
| Built year | 1959 | 1986 |
| HOA | $0 | $180 |
| Days on market | 11 | 65 |
Pricing History
Listed for Sale
Oct 16, 2026
$279,900
$300,000
-7% Price Drop
Initial Listing
Price Change
Oct 13, 2026
$300,000
Initial Listing