
Bakersfield, CA 93308
This Income-Producing Equestrian Estate is listed at $635,000, offering exceptional stability right at its $635,000 Fair Market Value. The property maintains a Good Condition Rating, anchored by a modern 2022 manufactured home with granite countertops and a second updated residence. With 39 horse stalls, a 100x200 arena, and direct Kern River access, the site offers diverse revenue streams and a unique lifestyle. This versatile asset is perfectly suited for Equestrian Business Owners or Multi-Unit Investors seeking a high-utility, riverfront property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 301 Sycamore Drive Subject | $635,000* List Price | 0 | 0 | 1,469 | $432 | - |
A 118 Roberts Ln A-D Active | $499,900 List Price | 0 | 0 | 1,128 | $443 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features two move-in ready residences: a 2022 manufactured home in excellent condition with modern granite countertops and a soaking tub, and a second 1989 home that has been well-maintained with updated flooring and dual-pane windows. While the newer home meets 'excellent' criteria, the overall property—including the older updated home and the extensive equestrian facilities—fits the 'good' category as a well-maintained, functional investment with minimal deferred maintenance.
The property offers multiple revenue streams through 39 horse stalls and two separate rental homes, making it an ideal investment for equestrian business owners or multi-unit investors.
Equipped with a 100x200 arena, a 60-foot round pen, and direct access to the Kern River and riding trails, the facility is well-suited for professional boarding and training operations.
The inclusion of a 2022 manufactured home with granite countertops and a second updated unit ensures immediate rental appeal and reduced short-term maintenance for the living quarters.
Both residences are manufactured homes, which may present more restrictive financing options and generally experience different appreciation rates compared to traditional stick-built properties.
Managing a 39-stall boarding facility alongside two rental units on three acres requires significant daily labor, maintenance, and management expertise to remain profitable.
North of the River Property with Income Producing Horse Stables & Two Rental Homes!This unique approx. 3 acre property offers direct access to the Kern River and nearby riding trails. Zoned CD1/RF, it provides endless possibilities for residential and income-producing use. Currently operating as rental homes and horse boarding facility, this property offers huge income potential through boarding, training, or expansion.Equestrian amenities include 39 horse stalls, a 100x200 arena with room to expand, a 60' round pen, and numerous outbuildings for tack, feed, and storage.Two separate manufactured homes are rented and each feature 3 bedrooms and 2 bathrooms. The 2022 home offers approx. 1,182 sq ft with granite countertops, a soaking tub, spacious bedrooms, and a wraparound porch overlooking the arena. The second home offers approx.1,469 sq ft, new subflooring, updated flooring, dual-pane windows, and a gated area. Close to downtown yet rich in land, river access, and opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,469 | - |
| Lot Size | 135,907 | - |
| Price | $635.0K | $549.6K |
| Price per sq ft | $432 | $176 |
| Built year | 1989 | 0 |
| HOA | $0 | $0 |
| Days on market | 171 | 79 |
Apr 28, 2026
$635,000
$695,000
-9% Price Drop
Initial Listing
Mar 6, 2026
$695,000
$729,000
-5% Price Drop
Initial Listing
Feb 1, 2026
$729,000
Initial Listing
Feb 29, 2016
$325,000
Public Record
Apr 28, 1998
$179,000
Public Record