24181 Martingale, Tehachapi, CA 93561, Tehachapi, 93561 - 3 bed, 2 bath
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24181 Martingale
Tehachapi, CA 93561
ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,105Sq Ft
53,143Lot Size
Property Price
LIST PRICE$579,900
EST. MARKET VALUE
$562,473
3% AboveMARKET VALUE
SUMMARY
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $579,900—positioned slightly above the $562,474 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating and offers significant upside through its 1.22-acre lot and partially finished basement. The panoramic mountain views and modern 2007 construction provide a solid foundation for long-term appreciation. This property is an ideal acquisition for Owner-Occupants seeking a peaceful mountain lifestyle or Value-Add Investors looking to complete the basement for additional living space.
Estimated Market Value
$562,473
Based on Realkey algorithm analyzing recent comparable sales in Tehachapi.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24181 Martingale Subject | $579,900* List Price | 3 | 2 | 2,105 | $267 | - |
A 27021 Barkes Way Sold | $669,900 | 4 | 3 | 2,325 | $288 | 1.0 mi |
B 27021 Barkes Way Sold | $675,000 | 4 | 3 | 2,325 | $290 | 1.0 mi |
C 28551 Bear Valley Road Sold | $557,500 | 4 | 2 | 2,346 | $238 | 0.7 mi |
D 28551 Bear Valley Road Sold | $557,500 | 4 | 2 | 2,348 | $237 | 0.7 mi |
E 23600 Dart Drive Sold | $600,000 | 4 | 3 | 2,256 | $266 | 0.8 mi |
F 24360 Willow Pass Drive Sold | $464,000 | 3 | 3 | 1,734 | $268 | 0.8 mi |
G 24360 Willow Pass Drive Sold | $464,000 | 3 | 3 | 1,734 | $268 | 0.8 mi |
H 24351 Willow Pass Drive Sold | $470,000 | 3 | 2 | 1,772 | $265 | 0.8 mi |
I 28050 Black Gold Way Active | $579,000 List Price | 3 | 2 | 2,148 | $270 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007, this 17-year-old home falls squarely into the 'Good' category. The interior shows well-maintained hardwood flooring and clean finishes, suggesting it is move-in ready. While the exterior deck shows some minor weathering typical for its age, the overall structure and systems appear functional and consistent with a well-kept home from this era.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 53143, living area = 2105.
- Prime Location & Acreage
Situated on a generous 1.22-acre lot in the highly desirable Bear Valley Springs community, offering exceptional privacy and ample space for outdoor lifestyle needs.
- Modern Single-Story Layout
Built in 2007, this 2,105 sq. ft. home features a desirable single-level floor plan that provides accessibility and a modern flow suited for various buyer demographics.
CONSRISKS & DEFICIENCIES
- Limited Garage Capacity
The attached 2-car garage may be considered undersized for a property of this scale in a rural mountain setting where buyers often seek 3-car bays or RV storage.
- Unfinished Basement Components
The basement is only partially finished, which may require immediate additional investment and construction effort from the buyer to make the space fully functional.
About 24181 Martingale
Beautifully situated on 1.22 acres in desirable Bear Valley Springs, this spacious 3-bedroom, 2-bath single-story home offers approximately 2,105 sq. ft. of comfortable living space, a cozy fireplace, attached 2-car garage, partially finished basement, and peaceful mountain surroundings.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 53,143 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
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 | 2,105 | 1,794 |
| Lot Size | 53,143 | 31,078 |
| Price | $579.9K | $448.0K |
| Price per sq ft | $275 | $263 |
| Built year | 2007 | 1995 |
| HOA | $0 | $1.3K |
| Days on market | 6 | 64 |
Pricing History
Listed for Sale
Sep 3, 2026
$579,900
Initial Listing
Sold
Sep 8, 2004
$100,000
Public Record
Sold
Sep 27, 2002
$51,500
Public Record