2540 Lynwood, Bakersfield, CA 93306, Bakersfield, 93306 - 3 bed, 1 bath
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Bakersfield, CA 93306
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $289,900—positioned slightly above the $287,790 Fair Market Value. While priced at market, the property features a Good Condition Rating with a refreshed kitchen and indoor laundry, ensuring a move-in ready experience. The expansive 7,183 sqft lot offers significant development potential for an ADU or pool, providing long-term upside. This property balances immediate functionality with future growth, making it an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a stable, low-maintenance asset in Bakersfield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2540 Lynwood Subject | $289,900* List Price | 3 | 1 | 1,014 | $284 | - |
A 918 Blossom Sold | $339,000 | 4 | 2 | 1,375 | $247 | 0.7 mi |
B 715 Crane Street Sold | $250,000 | 2 | 1 | 858 | $291 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite being built in 1959, the home is well-maintained and move-in ready. It features a refreshed kitchen with updated appliances, new carpet, fresh paint, and modern ceiling fans. The property appears functional and clean, fitting the 5-15 year renovation window for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7183, living area = 1014.
Priced competitively under $300,000, this move-in ready home offers an affordable entry point for first-time buyers or investors in the Bakersfield market.
The generous 7,183 square foot lot provides significant outdoor space, offering the rare flexibility to add a swimming pool or an Accessory Dwelling Unit (ADU).
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7183, other record lot size in square feet = 6969.
With only one bathroom serving three bedrooms, the home may present functional challenges for larger families or households with multiple occupants.
At 1,014 square feet, the living space is relatively small for a three-bedroom layout, which may result in tighter bedroom dimensions and limited storage.
Welcome to this move in ready home offered at an unbeatable price. This super clean home features 3 spacious bedrooms, 1 large bath, extra large living area and much more. Nicely updated kitchen with eat in area has plenty of room for the family to enjoy their daily meals. Indoor laundry is a big bonus. The large backyard is private and spacious enough for a pool or ADU. Large drive way and spacious 2 car garage round out the home and is conveniently located next to freeways, shopping and schools. This move in ready home is welcoming to any family and at this offering, it will not last.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,014 | 1,962 | 8% |
| Lot Size | 7,183 | 7,840 | 32% |
| Price | $289.9K | $360.0K | 20% |
| Price per sq ft | $286 | $217 | 92% |
| Built year | 1959 | 1980 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 205 | 4% |
May 7, 2026
$289,900
Initial Listing