258 Deep Creek Drive, Bakersfield, CA 93308, Bakersfield, 93308 - 4 bed, 2 bath
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Bakersfield, CA 93308
This 4-bedroom Single Family Residence is a High-Potential Investment Opportunity, listed at $449,000—positioned well below the $462,241 Fair Market Value by 2%. This valuation gap offers $13,241 in Instant Equity for the buyer. With a Fair Condition Rating, the home features modern cosmetic updates but retains original 2000s-era fixtures, providing a clear path for value-add renovations. Located near major retail and parks, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a spacious, well-located asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 258 Deep Creek Drive Subject | $399,999* List Price | 4 | 2 | 2,142 | $195 | - |
A 409 Borman Avenue Sold | $324,900 List Price | 3 | 2 | 1,507 | 0.5 mi | |
B 2104 Watson Street Sold | $333,000 | 3 | 2 | 1,528 | $218 | 0.8 mi |
C 3523 Floral Meadow Active | $439,950 List Price | 4 | 2 | 2,030 | $217 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 25 years old, placing it in the 'Fair' category. While the home is well-maintained with cosmetic updates like painted cabinets, modern hardware, and laminate flooring, the bathrooms still feature dated white tile countertops and original 2000s-era fixtures that would benefit from modernization.
With 2,142 sq. ft. of living area and an expansive open layout, this 4-bedroom home offers a spacious and light-filled environment ideal for growing families.
The property is ideally situated near major retail hubs like Trader Joe's and Valley Plaza Mall, as well as recreational spots like Deep Creek Park and Bakersfield Sports Village.
Built in 2001, this residence offers modern construction standards and the financial benefit of zero monthly association fees, reducing the total cost of ownership.
The assigned middle and elementary schools have lower performance ratings (2/10 and 3/10 respectively), which may be a drawback for education-focused buyers.
The property is listed at a significant premium compared to its 2023 sale price of $360,000, which may lead to appraisal challenges or buyer concerns regarding market value.
This charming 4-bedroom, 2-bathroom residence, built in 2001, offers a spacious 2,142 sq. ft. layout perfect for family living. Situated on a generous 6,098 sq. ft. lot with an attached 2-car garage, this home combines comfort and convenience. *Key Features: - Bedrooms: 4 spacious bedrooms - Bathrooms: 2 well-appointed bathrooms - Living Space: Expansive open layout with plenty of natural light - Garage: Attached 2-car garage *Location Highlights: - Schools: Close to Giant Reed Elementary, Warren Junior High, and Bakersfield High School, making it ideal for families. - Parks: Just minutes from Deep Creek Park and Bakersfield Sports Village, offering recreational opportunities. - Shopping: Conveniently located near Valley Plaza Mall, Trader Joe's, and Wal-Mart Supercenter for all your shopping needs. - Dining: A variety of restaurants and cafes nearby for dining options. - Healthcare: Kern Medical Center is just a short drive away.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,142 | - |
| Lot Size | 6,098 | - |
| Price | $400.0K | $399.2K |
| Price per sq ft | $187 | $245 |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 50 | 57 |
Jul 9, 2026
$399,999
$449,000
-11% Price Drop
Initial Listing
Jun 2, 2026
$449,000
Initial Listing
Jun 1, 2023
$360,000
Public Record
Mar 10, 2023
$265,000
Public Record
Aug 18, 2009
$147,500
Public Record
Oct 16, 2003
$176,500
Public Record
Jun 12, 2001
$137,500
Public Record