3216 Laurel, Bakersfield, CA 93304, Bakersfield, 93304 - 4 bed, 2 bath
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3216 Laurel
Bakersfield, CA 93304
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,679Sq Ft
8,644Lot Size
Property Price
LIST PRICE$299,000
EST. MARKET VALUE
$299,000
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $299,000, which aligns with the current $299,000 Fair Market Value. While the home maintains a Fair Condition Rating due to aging infrastructure and necessary cosmetic updates, the 8,644 sq ft oversized lot provides significant expansion potential, including the possibility of an ADU. This asset is well-suited for Buy-and-Hold Investors or first-time buyers capable of executing value-add renovations to modernize the 1951 floor plan and maximize long-term appreciation.
Estimated Market Value
$299,000
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3216 Laurel Subject | $299,000* List Price | 4 | 2 | 1,679 | $178 | - |
A 2900 Dore Sold | $285,000 | 3 | 2 | 1,381 | $206 | 0.6 mi |
B 2004 Julian Active | $329,000 List Price | 3 | 2 | 1,686 | $195 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1951, the home is dated and shows significant wear, particularly on the hardwood floors which require refinishing. While the layout is functional and the home appears livable, the kitchen, bathrooms, and systems like the roof-mounted cooler appear aged, and the exterior requires landscaping and maintenance.
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 = 8644, living area = 1679.
- Oversized Lot & Expansion Potential
The generous 8,644 sq ft lot provides ample space for outdoor living, gardening, or the potential construction of an ADU to generate rental income.
- High Value-to-Space Ratio
With 4 bedrooms and 1,679 sq ft of living space priced under $300,000, this property offers a competitive price point for families seeking more square footage.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8644, other record lot size in square feet = 8712.
- Aging Infrastructure
Built in 1951, the home may require significant capital improvements or modernization of major systems to meet current building standards and buyer preferences.
- Extended Market Duration
At 84 days on the market, the property is showing signs of stagnation, which may indicate that the current list price is not aligned with the property's condition or local market demand.
About 3216 Laurel
Welcome to 3216 Laurel Dr, a classic single family home in the desirable Wible Orchard neighborhood of Bakersfield. This 4 bedroom, 2 bathroom residence offers 1679 Square feet of living space on an oversized 8644 sq ft lot, providing plenty of room for outdoor living, gardening, or future expansion. Built in 1951, this home features a functional layout with good natural light, a spacious backyard perfect for family gatherings or rental income potential. The attached carport and long concrete driveway offer ample off street parking, while the covered patio offers indoor-outdoor flow. Close to schools, shopping, parks, and major routes. The client just finished refinishing the hardwood floors, putting brand new carpet in 3 bedrooms, vinyl floors in one bedrooom. Brand new carpet in the den with a fireplace which can function as a 2nd living room. This is a great opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1951
- Lot Size
- 8,644 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,679 | 1,645.732 |
| Lot Size | 8,644 | 7,650.063 |
| Price | $299.0K | $399.2K |
| Price per sq ft | $178 | $242 |
| Built year | 1951 | 1984 |
| HOA | $0 | $175 |
| Days on market | 98 | 64 |
Pricing History
Listed for Sale
Jun 3, 2026
$299,000
Initial Listing
Sold
Dec 12, 2012
$85,000
Public Record
Sold
Apr 11, 2007
$247,000
Public Record