3206 Candlewood Drive, Bakersfield, CA 93306, Bakersfield, 93306 - 4 bed, 3 bath

3206 Candlewood Drive, Bakersfield, CA 93306 home-pic-0

3206 Candlewood Drive

Bakersfield, CA 93306

ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,517Sq Ft
6,823Lot Size

Property Price

LIST PRICE$424,900
EST. MARKET VALUE
$381,836
11% AboveMARKET VALUE

SUMMARY

Analysis of 3206 Candlewood Drive, Bakersfield, CA 93306 reveals a property with a current list price of $424,900, which is 11% above the estimated $381,836 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$381,836
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3206 Candlewood Drive
Subject
$424,900*
List Price
431,517$252-
A
3012 Maywood Drive
Sold
$359,999321,514$2380.7 mi
B
3718 Harvard Drive
Sold
$335,000321,583$2120.5 mi
C
2914 Roanoke Court
Sold
$395,000421,946$2030.6 mi
D
3701 Wenatchee Avenue
Pending
$354,900
List Price
321,415$2510.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready, turnkey condition with significant recent updates throughout its three living suites. While originally built in 1961, the interior features modern vinyl plank flooring, updated bathrooms with contemporary vanities and backlit mirrors, recessed lighting, and stainless steel appliances. The home also benefits from energy-efficient owned solar and a newly renovated studio apartment, though some elements like the tile countertops in the main kitchen reflect an older style that has been well-maintained.

PROSSTRENGTHS & OPPORTUNITIES

  • Multi-Unit Income Potential

    The property features three distinct living spaces including a 2B/1B suite, a 1B/1B suite, and a studio, making it an ideal turnkey opportunity for Airbnb or multi-family rental income.

  • Energy Efficiency

    The inclusion of an owned solar system provides significant long-term value by reducing utility costs for the owner or tenants.

  • Turnkey Condition

    With a newly renovated studio and well-maintained living areas, the property is move-in ready, minimizing the need for immediate post-purchase renovations.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6823, other record lot size in square feet = 6969.

  • Vintage Infrastructure

    Built in 1961, the property may have aging underlying systems such as plumbing or electrical that could require more frequent maintenance compared to modern builds.

  • Compact Living Quarters

    The individual suites are relatively small in square footage, which may limit the appeal for long-term tenants or families seeking more spacious interior living areas.

About 3206 Candlewood Drive

Whether youre searching for a turnkey Airbnb, a multi-family income property, or a flexible home with rental potential, this versatile NE gem is ready to impress. Featuring three separate living spaces, each with its own distinct appeal: The Avocado Suite: A spacious 2B/1B space offering approximately 700 sqft of comfortable living. Complete with a full kitchen and inviting living areaperfect for extended stays. The Orange Suite: This cozy 1B/1Bspace features approximately 450 sqft, a convenient kitchenette, and a warm living area with a charming fireplace. The Grapefruit Suite: A newly renovated studio apartment with its own private entrance, offering 1B/1Bideal for guests seeking privacy or an in-law quarters. Enjoy energy efficiency with owned solar. Sip your favorite beverage under the covered patio while the nearby citrus trees add a touch of nature and freshness! Convenient alley access makes coming and going a breeze! Come tour this versatile home today!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1961
Lot Size
6,823 Sq. Ft.

Interior

Total Bedrooms
4
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.03.0
60%
Baths3.02.0
72%
Square foot1,5171,684
44%
Lot Size6,8237,448
28%
Price$424.9K$380.0K
67%
Price per sq ft$280$217
86%
Built year19611980
35%
HOA$0$0
50%
Days on market96189
16%

Pricing History

Listed for Sale

Dec 1, 2025

$424,900

Initial Listing

Sold

Dec 23, 2022

$170,500

Public Record

Sold

Jun 7, 2013

$140,000

Public Record

Sold

Aug 17, 1994

$96,000

Public Record

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