4200 Orinda Way, Bakersfield, CA 93306, Bakersfield, 93306 - 4 bed, 2 bath
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Bakersfield, CA 93306
This 4-bedroom residence presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well above the $349,033 Fair Market Value by 20%. While the property features a large pool and a spacious 10,777 sqft lot, it maintains a Fair Condition Rating with original 1966 interiors requiring modernization. The home offers significant potential for value-add renovations to align with current market standards. This asset is best suited for Buy-and-Hold Investors or Contractors capable of executing a strategic interior refresh to maximize long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4200 Orinda Way Subject | $410,000* List Price | 4 | 2 | 1,736 | $207 | - |
A 3012 Maywood Drive Sold | $359,999 | 3 | 2 | 1,514 | $238 | 0.1 mi |
B 4001 Harvard Pending | $360,000 List Price | 4 | 2 | 1,809 | $199 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1966, this property is in well-maintained but dated condition. The kitchen and bathrooms appear largely original with 50+ year old cabinetry, tile countertops, and fixtures. While the home is functional and 'move-in ready' with a clean pool and solar updates, the interior systems and aesthetics (popcorn ceilings, sunken living room, original wood-rot style vanities) require significant modernization to meet current market 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 landscaping on a spacious corner lot, providing a private retreat perfect for summer entertaining.
Unique interior elements such as vaulted wood-beam ceilings, a sunken living room, and a classic brick fireplace offer a warm and distinctive aesthetic.
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 ongoing maintenance or updates to major systems to align with modern energy efficiency and building standards.
While charming, certain original design elements and the kitchen configuration may require cosmetic renovations to appeal to buyers seeking a contemporary finish.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 64% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,736 | 1,962 | 48% |
| Lot Size | 10,777 | 8,063 | 84% |
| Price | $410.0K | $385.0K | 56% |
| Price per sq ft | $236 | $217 | 52% |
| Built year | 1966 | 1980 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 197 | 4% |
May 28, 2026
$410,000
$420,000
-2% Price Drop
Initial Listing
May 8, 2026
$420,000
Initial Listing
Sep 13, 2022
$340,000
Public Record
Jul 7, 2016
$220,000
Public Record