
Frazier Park, CA 93225
This High-Potential Investment Opportunity is listed at $447,500, positioned well below the $456,058 Fair Market Value by 1.9%. This valuation gap offers $8,558 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Remodeled Granite Kitchen and significant Development Potential via five separate parcels totaling 18,138 sqft. With its proximity to the Kern County library and local parks, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3724 Encino Trail Subject | $447,500* List Price | 4 | 3 | 1,692 | $270 | - |
A 3724 Encino Trail Active | $200,000 | 4 | 3 | 1,692 | $264 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1932 build date, the property has undergone a significant recent remodel including a completely new kitchen with granite countertops, new laminate flooring, fresh interior/exterior paint, and newer composition shingle roofs. While some original elements like the hardwood floors and basic bathroom fixtures remain, the major systems and surfaces are updated and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18138, living area = 1692.
The property includes five separate parcels with individual APNs totaling 18,138 sqft, offering a rare opportunity to develop additional homes or sell off vacant lots for immediate profit.
The 1932 home has been thoughtfully revitalized with a fully remodeled kitchen featuring granite countertops, new laminate flooring throughout, and fresh interior and exterior paint.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =18138, other record lot size in square feet = 3920.
The property was recently sold within the past year on 2025-08-28. The sold price is $200,000.00.
Given the original 1932 construction date, buyers may encounter maintenance needs related to aging structural or mechanical systems typical of homes from this era.
Remodeled 4 bedroom and two and one half bath home has all new laminate floors and new interior and exterior paint. Three bedrooms down and one terrific upstairs bedroom with 4 view windows. There is also a basement in the home with 192 square feet that could be made into a great wine cellar or canning area. It is very rare to have a basement home in California. The kitchen has been remodeled completely with all new cabinets and granite counter tops. Asphalt driveway with an oversized one car garage with a brand new extra tall sectional garage door that can accommodate a large truck. There is also a huge carport that is very tall and extra wide and can accommodate two large vehicles or even an RV. Both the home and carport have newer composition shingle roofs. NOW HERE'S THE REAL OPPORTUNITY! This home comes with five lots with separate parcel numbers totaling a whopping 18,138 square feet of land! They are all separate parcel numbers already so you can decide to do whatever you want with the vacant lots! You can develop the two back lots that are actually behind the home facing Kiwanis Trail? You could also develop the single fenced lot next to the carport? Or you could decide to sell the lots after you buy the home for a cash profit? One parcel has the existing home on it. The second parcel has the Giant two car carport on it. Then there are the two additional lots directly behind the backyard behind the home and carport that have direct access off of Kiwanis Trail. Plus the third additional lot next to the carport with its own gated access where you can drive a vehicle up & behind the home. All Five lots have separate APN numbers so you do not have to do any split for them. You could develop the three empty lots however you like. The rear lots also have many existing fruit trees on them. Outstanding Location in the heart of town right behind the new Kern County library with great amenities for your family including internet access in the library for your kids. Plus the home is within a 2 minute walk to the most popular community park in Frazier Park with new playground equipment, a fenced baseball / softball field, a paved basketball court plus senior community center and public restrooms. Great local schools and youth sports programs like AYSO and Little League make it a great place to raise a family. The new HardRock Casino is also now open and just 20 minutes down the 5 freeway with fun entertainment and restaurants. Just 30 minutes to SCV.
No exterior & parking available.
Grades K-4 • 0.6 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 86% |
| Baths | 3.0 | 2.0 | 71% |
| Square foot | 1,692 | 1,600 | 50% |
| Lot Size | 18,138 | 9,612 | 71% |
| Price | $447.5K | $370.5K | 64% |
| Price per sq ft | $264 | $247 | 57% |
| Built year | 1932 | 1987 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 222 | 7% |
May 28, 2026
$447,500
Initial Listing
Aug 28, 2025
$200,000
Public Record