
Bakersfield, CA 93308
This Residential Income Property represents a High-Potential Investment Opportunity, listed at a List Price of $635,000, which aligns with its $635,000 Fair Market Value. Featuring a Condition Rating of 2, the site includes a modern 2022 manufactured home with granite countertops and a second updated residence. With 39 horse stalls, an arena, and CD1/RF zoning, this asset provides immediate revenue streams. It is an ideal acquisition for Buy-and-Hold Investors or Equestrian Enthusiasts seeking a versatile, income-producing property with direct Kern River access.
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 301 Sycamore Drive Active | $635,000 List Price | 0 | 0 | 1,469 | $432 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a brand-new 2022 manufactured home with modern amenities including granite countertops and a soaking tub. The second residence has been recently updated with new subflooring, flooring, and dual-pane windows, meeting the criteria for mint condition and recent renovations.
The property features 39 horse stalls and two separate rental homes, offering multiple revenue streams through boarding, training, and residential leasing.
Situated on approximately 3 acres with direct access to the Kern River and riding trails, this site combines rural utility with proximity to downtown Bakersfield.
Includes a modern 2022 manufactured home with premium finishes like granite countertops and a second updated unit, ensuring immediate habitability and rental appeal.
With 125 days on the market, the property may face challenges regarding its current pricing strategy or the niche nature of its specialized equestrian use.
The combination of manufactured housing and CD1/RF zoning may restrict traditional financing options and appeal to a more limited pool of specialized investors.
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 |
Feb 1, 2026
$635,000
Initial Listing
Feb 29, 2016
$325,000
Public Record
Apr 28, 1998
$179,000
Public Record