28220 Black Gold Way, Tehachapi, CA 93561, Tehachapi, 93561 - 3 bed, 2 bath
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Tehachapi, CA 93561
This Versatile Equestrian Estate is listed at $480,000, representing a specialized lifestyle asset relative to its $420,588 Fair Market Value. The residence maintains a Fair Condition Rating, allowing buyers to build equity through cosmetic modernization. The property’s utility is exceptional, featuring a 2,000+ sqft Shop and a tenant-occupied guest studio that provides immediate rental income. Situated on a level one-acre lot with mountain views and comprehensive horse facilities, it offers rare functional diversity. This is an ideal opportunity for Owner-Occupants or Multi-generational Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28220 Black Gold Way Subject | $480,000* List Price | 3 | 2 | 2,160 | $195 | - |
A 23061 Lakeview Drive Sold | $470,000 | 4 | 3 | 2,167 | $217 | 0.9 mi |
B 23220 Lakeview Drive Sold | $364,500 | 4 | 2 | 2,238 | $163 | 0.7 mi |
C 24550 Willow Pass Drive Sold | $450,000 | 3 | 2 | 1,872 | $240 | 1.0 mi |
D 28050 Black Gold Way Active | $561,000 List Price | 3 | 2 | 2,148 | $261 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1991, the property is functional and maintained but remains largely in its original condition. The kitchen features dated oak cabinetry, tile countertops, and older white appliances, while the interior throughout shows 1990s-era finishes such as popcorn ceilings, wallpaper borders, and worn carpeting. The listing's 'as-is' status and description as a property for a new owner to 'make their own' further support a fair condition rating, indicating a need for cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43996, living area = 2160.
The property is perfectly suited for horse owners, featuring a 2,000+ sqft shop, tack and hay rooms, fenced and cross-fenced pastures, and built-in water troughs.
Located on the valley floor, the completely level one-acre lot provides maximum utility for livestock, RV parking, and outdoor activities with easy access to nearby trails.
The property is being sold in its current condition, which likely implies the need for cosmetic updates or repairs to modernize the 1991-built interior.
The presence of a tenant in the guest quarters may complicate immediate full possession of the premises and requires additional coordination for inspections and showings.
Welcome to 28220 Black Gold -- ideally located on the valley floor, minutes to the hiking/horse trails with views of the sunset and adjacent ranch land. Completely level property, this 3 bedroom, 2 bath ranch style home is ready for its' new owner to make it their own! Property is being sold in current condition -- Country kitchen, with adjacent breakfast area, large corner fireplace in family room, as well as a second fireplace in the primary suite - hardwood, tile and carpet floors throughout. Large shop, approximately 2000+ square feet, (buyer to verify) includes a small workroom, studio guest quarters currently tenant occupied, with full bath as well as a large tack/hay room. Fenced and cross-fenced, with large 3 sided concrete run-ins, water troughs built-in and plenty of room to park large horse trailer and RV complete the property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,160 | 1,872 | 75% |
| Lot Size | 43,996 | 23,101 | 65% |
| Price | $480.0K | $450.0K | 62% |
| Price per sq ft | $222 | $253 | 26% |
| Built year | 1991 | 1992 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 194 | 1% |
Apr 12, 2026
$480,000
Initial Listing
Aug 10, 2001
$239,000
Public Record