4200 Orinda Way, Bakersfield, CA 93306, Bakersfield, 93306 - 4 bed, 2 bath
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Bakersfield, CA 93306
This Spacious Traditional Home is a Strong Value Opportunity, listed at $399,999—positioned well below the $404,416 Fair Market Value by 1%. This valuation gap offers $4,417 in Instant Equity. The property is in Fair Condition Rating, featuring a Large Pool and 10,777 sqft Lot, though it requires cosmetic updates to modernize its 1966 architecture. Its versatile floor plan and proximity to Bakersfield College make it a balanced choice for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 Orinda Way Subject | $399,999* List Price | 4 | 2 | 1,736 | $229 | - |
A 4001 Harvard Sold | $360,000 | 4 | 2 | 1,809 | $199 | 0.3 mi |
B 3500 Columbus Street Sold | $299,999 | 3 | 2 | 1,400 | $214 | 0.5 mi |
C 3623 Redlands Sold | $380,000 | 3 | 2 | 1,684 | $226 | 0.4 mi |
D 3012 Maywood Drive Sold | $359,999 | 3 | 2 | 1,514 | $238 | 0.1 mi |
E 3319 Candlewood Drive Sold | $355,000 | 3 | 2 | 1,534 | $231 | 0.6 mi |
F 3001 Catalina Drive Active | $375,000 List Price | 3 | 3 | 1,821 | $206 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, the property is well-maintained but largely dated. While it features newer LVP flooring and solar panels, the kitchen and bathrooms retain older oak cabinetry, tile countertops, and vintage fixtures (including a pink bathtub). The presence of popcorn ceilings and original architectural elements suggests the home is functional but needs cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10777, living area = 1736.
The property features a large, sparkling pool and mature tropical-inspired landscaping on a generous 10,777 sqft corner lot, ideal for summer entertaining.
The interior boasts unique mid-century charm with vaulted wood-beam ceilings, a sunken living room, and a classic brick fireplace with custom built-ins.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =10777, other record lot size in square feet = 10890.
Built in 1966, the home may require updates to its original systems or cosmetic finishes to align with modern energy efficiency and design standards.
The current list price represents a significant increase from the 2022 sale price of $340,000, which may lead to appraisal scrutiny in the current market.
Fall in love with this 4-bedroom NE Bakersfield corner-lot home featuring a large beautiful pool just in time for summer! Sep inside to discover a warm and inviting layout with abundant natural light. Adjacent to the sunken living room, the versatile flex space offers endless possibilities for entertaining, a home office, game area or additional lounge seating. The stunning dining area showcases a dramatic vaulted wood-beam ceiling, a classic brick fireplace with custom built-ins and direct access to the covered patio creating the perfect setting for hosting gatherings. The kitchen offers generous counter space, bar top seating and a large window overlooking your own tropical inspired oasis complete with a sparkling pool and mature landscaping. Conveniently located near Bakersfield College, The Bluffs, popular restaurants, shopping, and everyday conveniences.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,736 | - |
| Lot Size | 10,777 | - |
| Price | $400.0K | $399.2K |
| Price per sq ft | $230 | $245 |
| Built year | 1966 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 57 |
Jun 17, 2026
$399,999
Initial Listing
Sep 13, 2022
$340,000
Public Record
Jul 7, 2016
$220,000
Public Record