325 Oak Fair, Bakersfield, CA 93309, Bakersfield, 93309 - 2 bed, 2 bath
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Bakersfield, CA 93309
This Single Family Residence represents a Strong Value Opportunity, listed at $260,000—positioned well below the $264,323 Fair Market Value by 1.6%. This valuation gap offers $4,323 in Instant Equity for the buyer. With a Condition Rating of 4, the home features updated LVP flooring but remains a prime candidate for cosmetic modernization. Located in a quiet 55+ community with a private patio, this property is an ideal acquisition for downsizers or first-time buyers seeking a manageable, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 325 Oak Fair Subject | $255,000* List Price | 2 | 2 | 1,048 | $249 | - |
A 4605 Parkwood Court Sold | $299,900 List Price | 3 | 2 | 1,211 | 1.0 mi | |
B 504 Pebble Beach Drive Pending | $200,000 List Price | 2 | 1 | 1,006 | $199 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this property is well-maintained but dated. While the living area features updated LVP flooring, other areas like the laundry room show older cabinetry and finishes. The description's mention of an 'opportunity to make it your own' typically indicates that the kitchen and bathrooms are original or aged, requiring updates to meet modern standards.
Priced at $260,000, this property offers a highly accessible entry point into the Bakersfield market, providing excellent value for downsizers or buyers seeking an affordable single-family residence.
Located in a sought-after senior living area near Cherry Hills Dr, the home offers a quiet, low-maintenance lifestyle within a welcoming community specifically designed for active adults.
The 1,048 sq. ft. floor plan is efficiently designed with two bedrooms and two bathrooms, offering a comfortable living space that is easy to maintain without sacrificing essential amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6600, other record lot size in square feet = 6534.
The 55+ age restriction significantly narrows the demographic of potential buyers, which can impact the property's overall liquidity and extend the time needed to find a qualified purchaser.
Built in 1962, the home may require updates to its original systems, fixtures, or cosmetic finishes to meet the expectations of modern buyers and ensure long-term energy efficiency.
Charming 2-bedroom, 2-bath single-family home located in a desirable 55+ HOA community near Cherry Hills Dr. This well-maintained property offers a great opportunity for first-time buyers, downsizers, or buyers looking for low-maintenance living. Featuring a functional layout and comfortable living spaces, this home is conveniently located near shopping, dining, and everyday amenities. With an affordable HOA and a welcoming community, this property is a fantastic opportunity to build equity and make it your own.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,048 | - |
| Lot Size | 6,600 | - |
| Price | $255.0K | $399.2K |
| Price per sq ft | $243 | $245 |
| Built year | 1962 | 0 |
| HOA | $450 | $0 |
| Days on market | 35 | 57 |
Jul 17, 2026
$255,000
$260,000
-2% Price Drop
Initial Listing
Jun 17, 2026
$260,000
Initial Listing
Jan 27, 2022
$210,000
Public Record
Jun 20, 1997
$58,000
Public Record