4605 Parkwood Court, Bakersfield, CA 93309, Bakersfield, 93309 - 3 bed, 2 bath

4605 Parkwood Court, Bakersfield, CA 93309 home-pic-0

4605 Parkwood Court

Bakersfield, CA 93309

ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,211Sq Ft
4,024Lot Size

Property Price

LIST PRICE$299,900
EST. MARKET VALUE
$309,494
3% BelowMARKET VALUE

SUMMARY

Analysis of 4605 Parkwood Court, Bakersfield, CA 93309 reveals a Prime Investment Opportunity with a current list price of $299,900—significantly undercutting the $309,494 Fair Market Value by 3%. This valuation gap indicates a +$9,594 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$309,494 +$9,594 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with several key updates that elevate it above the fair category. It features a modernized kitchen with granite countertops, fresh interior paint throughout, and well-maintained flooring. While the home was built in 1979, the recent cosmetic refreshments and functional layout, including a dedicated office space and covered patio, indicate a high level of upkeep with no immediate renovations required.

PROSSTRENGTHS & OPPORTUNITIES

  • Move-In Ready Condition

    The home features fresh interior paint and a kitchen updated with granite countertops, providing a refreshed aesthetic that allows for immediate occupancy without the need for initial renovations.

  • Versatile Floor Plan

    In addition to three bedrooms, the inclusion of a dedicated office space offers significant flexibility for remote work or a hobby room, maximizing the utility of the 1,211 square foot layout.

  • Desirable Cul-de-Sac Location

    Situated on a quiet cul-de-sac lane, the property offers enhanced privacy and reduced traffic, making it an ideal setting for families and those seeking a peaceful residential environment.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4024, other record lot size in square feet = 3920.

  • Compact Square Footage

    With 1,211 square feet accommodating three bedrooms plus an office, the individual room sizes and living areas may feel somewhat constrained compared to larger contemporary homes.

  • Aging Infrastructure

    Built in 1979, the property may soon require maintenance or upgrades to major systems such as plumbing, electrical, or HVAC that are typical for a home of this vintage.

About 4605 Parkwood Court

Welcome to this charming 3-bedroom, 2-bathroom + office space home tucked away on a cul-de-sac lane in the heart of Bakersfield. Priced to sell and full of inviting energy, this home blends comfort with just the right touch of style. Step inside to a spacious living area that flows effortlessly into the dining space, creating an open and airy layout. The kitchen shines with granite countertops, and generous prep space, offering both function and a polished finish. Fresh paint throughout enhances the natural light and gives the home a bright, refreshed feel from the moment you walk in. Step outside to a covered patio that invites relaxed mornings and golden hour evenings. The grassy backyard offers room to unwind, entertain, or simply enjoy your own outdoor escape. A detached large shed provides added storage and convenience. Ideally located near shopping, dining, and everyday essentials, this move-in-ready gem offers comfort, versatility, and undeniable value.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1979
Lot Size
4,024 Sq. Ft.

Interior

Total Bedrooms
3
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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths2.02.0
50%
Square foot1,2111,596
24%
Lot Size4,0247,840
6%
Price$299.9K$355.0K
15%
Price per sq ft$248$238
62%
Built year19791976
65%
HOA$0$0
50%
Days on market8178
3%

Pricing History

Listed for Sale

Feb 27, 2026

$299,900

Initial Listing

Sold

Dec 14, 2022

$260,000

Public Record

Sold

Oct 3, 2003

$92,500

Public Record

Sold

Oct 19, 1999

$67,500

Public Record

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