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240 S Real, Bakersfield, CA 93309, Bakersfield, 93309 - 3 bed, 2 bath

240 S Real, Bakersfield, CA 93309 home-pic-0
ACTIVE$390,000$1,703/sqft
Est. Value: $223,035
-42%
AboveEstimate
240 S Real, Bakersfield, CA 93309
3Beds
2Baths
1,703Sqft
8,727Lot

Price Vs. Estimate

The estimated value ($223,035.29) is $166,964.71 (42%) lower than the list price ($390,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 8727, living area = 1703.
Top Cons:
Age of Property: Built in 1943, the property's age may suggest potential for older infrastructure and systems that could require future maintenance or updates not explicitly mentioned.

Compared to the nearby listings

Price:$390.0K vs avg $350.0K (+$40,000)73%
Size:1,703 sqft vs avg 1,577 sqft54%
Price/sqft:$229 vs avg $21654%

More Insights

Built in 1943 (83 years old).
Condition: Built in 1943, the property's kitchen and main bathroom are severely outdated, featuring vintage appliances, laminate countertops, and dated tiling and cabinetry, suggesting a renovation 30-50 years ago. While the living areas are clean and the ADU appears more functional, the core wet areas require substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Year Built
1943
Close
-
List price
$390K
Original List price
-
Price/Sqft
$229
HOA
$0
Days on market
-
Sold On
-
MLS number
SR25271366
Home ConditionPoor
Features
Patio
View-

About this home

A unique opportunity awaits with this one-of-a-kind corner-lot property showcasing a huge workshop, a thoughtfully designed ADU, and built-in greenhouse that brings indooroutdoor living to life. The greenhouse is conveniently located just off the entry, offering easy year-round access for gardening, complete with drip system, lighting & drainage for effortless plant care. Inside, a show-stopping floor-to-ceiling wrap-around marble fireplace creates a luxurious statement the moment you walk in. Two bedrooms feature built-in cabinetry for sleek organization, while the indoor laundry area also provides abundant storage space. The detached ADU with its own restroom and tiled shower is ideal for guests, rental income, a private office, or multigenerational living. For hobbyists or those needing substantial workspace, the property has a large workshop attached to the garage, complete with shelving. Outdoors is a very large covered patio and a lush, fully landscaped yard.

L
Laurie McCarty
Listing Agent
Condition Rating
Poor
Built in 1943, the property's kitchen and main bathroom are severely outdated, featuring vintage appliances, laminate countertops, and dated tiling and cabinetry, suggesting a renovation 30-50 years ago. While the living areas are clean and the ADU appears more functional, the core wet areas require substantial rehabilitation to meet modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

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 = 8727, living area = 1703.
Versatile ADU: The detached ADU with its own restroom and tiled shower offers significant flexibility for rental income, guest accommodation, a private office, or multi-generational living.
Extensive Workshop Space: A large workshop attached to the garage, complete with shelving, provides substantial space for hobbies, projects, or professional use.
Unique Built-in Greenhouse: The built-in greenhouse, conveniently located off the entry and equipped with a drip system, lighting, and drainage, offers year-round gardening potential and enhances indoor-outdoor living.
Luxurious Interior Feature: A show-stopping floor-to-ceiling wrap-around marble fireplace creates a luxurious and distinctive focal point upon entry.
Ample Storage & Landscaped Yard: Built-in cabinetry in bedrooms and abundant storage in the indoor laundry area, complemented by a very large covered patio and a lush, fully landscaped yard, enhance practicality and outdoor enjoyment.

Cons

Age of Property: Built in 1943, the property's age may suggest potential for older infrastructure and systems that could require future maintenance or updates not explicitly mentioned.
Unspecified Cooling System: Given Bakersfield's hot climate, the description does not mention the presence or type of a cooling system (e.g., central AC), which could be a significant concern for buyers.
Niche Market Appeal: While unique, features like the large workshop and greenhouse may appeal to a specific buyer demographic, potentially limiting broader market interest compared to more conventional properties.
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