29960 Greenwater Drive, Tehachapi, CA 93561, Tehachapi, 93561 - 3 bed, 3 bath
29960 Greenwater Drive
Tehachapi, CA 93561
Property Price
SUMMARY
Analysis of 29960 Greenwater Drive, Tehachapi, CA 93561 reveals a property with a current list price of $330,000, which is 70% above the estimated $193,512 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Tehachapi Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29960 Greenwater Drive Subject | $330,000* List Price | 3 | 3 | 2,171 | $89 | - |
A 30301 Knight Court Sold | $405,000 | 3 | 2 | 2,319 | $175 | 0.6 mi |
B 30301 Knight Court Pending | $415,000 List Price | 3 | 3 | 2,319 | $179 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property was built in 1978, making it 46 years old. The listing explicitly identifies 'Dated Construction (1978)' as a weakness, and no significant renovations are mentioned. The single exterior image confirms an older architectural style. Without interior photos, it's highly probable that the kitchen, bathrooms, and major systems are original or very outdated, requiring substantial rehabilitation and updates to meet modern standards and functionality. The mention of a 'converted living area that may be finished' also suggests additional work is needed.
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 = 85377, living area = 2171.
- Equestrian-Ready & Expansive Lot
The property is designated as a horse property on a private 1.96-acre lot, catering to equestrian lifestyles and offering ample space.
- Exclusive Community Amenities
Residents benefit from access to a wide array of Bear Valley Springs community amenities, including a golf course, pool, and equestrian center.
CONSRISKS & DEFICIENCIES
- Probate Sale Complications
The sale is subject to court approval, which can introduce delays, complexities, and uncertainty into the transaction process.
- Dated Construction (1978)
Built in 1978, the property may require updates to systems, finishes, or overall aesthetics to meet modern buyer expectations, potentially incurring additional costs.
- Limited Visual Marketing
The current listing notes 'Professional photos coming soon!', indicating a lack of high-quality visual representation, which can impact initial buyer engagement and online appeal.
About 29960 Greenwater Drive
***PRICE IMPROVEMENT*** Horse Property in the Bear Valley Springs Community! Breathtaking views on this private 1.96 acre lot awaits you and your horses. This spacious 3 bedroom, 2.5 bath home, is measured by the assessor at 2,171 square feet. The main floor provides fantastic views from most of the windows, with a fireplace that makes the space warm and inviting. The downstairs features a converted living area that may be finished into a guest suite. Take advantage of the amenities in the Bear Valley community; Golf course, pro shop, pool, community center, restaurants, club house, and equestrian center. *Probate sale is subject to court approval. **Professional photos coming soon!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 85,377.602 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,171 | 1,840 | 79% |
| Lot Size | 85,377.602 | 23,522.2 | 74% |
| Price | $330.0K | $443.0K | 13% |
| Price per sq ft | $152 | $254 | 8% |
| Built year | 1978 | 1993 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 89 | 199 | 7% |
Pricing History
Listed for Sale
Jan 25, 2026
$330,000
$390,000
-15% Price Drop
Initial Listing
Price Change
Dec 8, 2025
$390,000
Initial Listing
Sold
Aug 22, 2017
$250,000
Public Record
Sold
Mar 14, 2002
$150,000
Public Record