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

4605 Parkwood Court
Bakersfield, CA 93309
Property Price
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
Condition Analysis
OVERALL CONDITION SCORE
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,211 | 1,596 | 24% |
| Lot Size | 4,024 | 7,840 | 6% |
| Price | $299.9K | $355.0K | 15% |
| Price per sq ft | $248 | $238 | 62% |
| Built year | 1979 | 1976 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 178 | 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

































