
Bakersfield, CA 93312
This Value-Add Residential Asset presents a High-Potential Investment Opportunity, listed at $450,000—positioned well above the $433,564 Fair Market Value by 3%. While the property requires cosmetic updates to address its Fair Condition Rating, the inclusion of Solar Panels and a Swimming Pool provides immediate utility savings and lifestyle appeal. The versatile floor plan, featuring a dedicated office, offers significant rental or resale upside. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3005 Green Mountain Subject | $450,000* List Price | 3 | 3 | 1,962 | $221 | - |
A 10005 Mark Twain Sold | $399,900 | 3 | 2 | 1,515 | $264 | 0.4 mi |
B 9800 Yarnell Avenue Sold | $400,000 | 3 | 2 | 2,001 | $200 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (29 years old), the property falls into the 'Fair' category. While the kitchen has been updated with granite countertops and newer cabinetry (likely 5-15 years ago), the bathrooms remain dated with original tile counters and show visible wear/damage to the vanity. The listing's note that it is 'full of potential' and 'ready for its next owner to make it their own' typically indicates a need for cosmetic updates and minor repairs.
The inclusion of solar panels and a private swimming pool provides significant value and utility, offering both long-term utility savings and a premium backyard experience for the Bakersfield climate.
With nearly 2,000 sqft of living space, the dedicated office provides excellent flexibility to serve as a fourth bedroom, guest suite, or professional workspace to suit various buyer needs.
Located in the desirable Calloway Country neighborhood with no monthly association fees, this property offers a lower monthly carry cost compared to similar homes in HOA-governed communities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6751, other record lot size in square feet = 6969.
Built in 1995 and described as being 'full of potential,' the interior likely requires modernization or cosmetic refreshing to meet contemporary aesthetic standards.
With 37 days on the market and a recorded price change, the property may be experiencing buyer resistance related to its condition or initial pricing strategy.
Welcome to this beautiful home located in Calloway Country neighborhood! This property features solar panels, 3 bedrooms, 2.5 bathrooms, a dedicated office, and a spacious living room, making it an excellent opportunity for first-time homebuyers or investors alike. The versatile office can easily serve as a fourth bedroom, home workspace, or comfortable guest room for visiting family and friends. The home also offers a spacious backyard, perfect for entertaining, relaxing, or enjoying outdoor activities. Additional features include convenient washer and dryer hookups and a refreshing SWIMMING POOL to help you stay cool during those hot summer days. Ideally located near shopping, dining, and everyday amenities, this home combines comfort, convenience, and value. This property is full of potential and ready for its next owner to make it their own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,962 | 1,971 | 48% |
| Lot Size | 6,751 | 9,148 | 12% |
| Price | $450.0K | $450.0K | 50% |
| Price per sq ft | $229 | $234 | 44% |
| Built year | 1995 | 2001 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 203 | 4% |
May 7, 2026
$450,000
Initial Listing
Mar 24, 2023
$400,000
Public Record
Sep 25, 2020
$325,000
Public Record
Jul 3, 2014
$270,000
Public Record
Jan 31, 2012
$165,000
Public Record
Jun 14, 2004
$250,000
Public Record
Oct 5, 1995
$137,000
Public Record
Feb 14, 1995
$23,000
Public Record