5101 Dewalt, Bakersfield, CA 93308, Bakersfield, 93308 - 3 bed, 2 bath
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5101 Dewalt
Bakersfield, CA 93308
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,058Sq Ft
0Lot Size
Property Price
LIST PRICE$524,900
EST. MARKET VALUE
$509,314
3% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $524,900—positioned well below the $509,314 Fair Market Value by -3%. While the property requires cosmetic updates to its Fair Condition Rating, it features high-value upgrades including Owned Solar with Tesla Batteries, a 50-year metal roof, and 2019 HVAC units. The large corner lot with an Inground Pool and RV Parking provides significant lifestyle utility. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, energy-efficient home with long-term upside.
Estimated Market Value
$509,314
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5101 Dewalt Subject 3 bd · 2 ba · 2,058 sqft · $247 | $524,900* List Price | 3 | 2 | 2,058 | $247 | - |
A 7608 Darrin Avenue Sold 3 bd · 2 ba · 2,220 sqft · $207 · 0.7 mi | $460,000 | 3 | 2 | 2,220 | $207 | 0.7 mi |
B 7800 Carol Sue Court Sold 3 bd · 2 ba · 1,499 sqft · $283 · 0.5 mi | $424,000 | 3 | 2 | 1,499 | $283 | 0.5 mi |
C 7800 Carol Sue Ct Sold 3 bd · 2 ba · 1,499 sqft · $283 · 0.5 mi | $424,000 | 3 | 2 | 1,499 | $283 | 0.5 mi |
D 4401 Palisades Sold 4 bd · 3 ba · 2,113 sqft · $274 · 0.8 mi | $580,000 | 4 | 3 | 2,113 | $274 | 0.8 mi |
E 6916 Bandolero Active 3 bd · 2 ba · 1,825 sqft · $235 · 0.3 mi | $429,500 List Price | 3 | 2 | 1,825 | $235 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1989 and features a highly dated interior, including an original oak kitchen with tile countertops and popcorn ceilings that require cosmetic updates. However, the major structural and mechanical systems are well-maintained, featuring a newer roof, 2019 HVAC units, 2023 windows, and owned solar with Tesla batteries.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 2058.
- High-Value Energy Upgrades
The property features significant capital improvements including owned solar with two Tesla batteries, a 50-year metal roof, and newer HVAC units (2019), offering substantial long-term utility savings and peace of mind.
- Premium Outdoor Amenities
Situated on a corner cul-de-sac lot, the home is optimized for the Bakersfield lifestyle with an inground pool, dedicated RV parking, and low-maintenance astro turf in both the front and back yards.
CONSRISKS & DEFICIENCIES
- Bedroom-to-Square-Footage Ratio
With only 3 bedrooms for over 2,000 square feet, the home may lack the room count required by larger families who typically expect at least 4 bedrooms at this size and price point.
- Recent Market Turnaround
The property was purchased very recently in July 2024 and is already being re-listed with a price reduction, which may lead to buyer scrutiny regarding appraisal stability or immediate resale motivation.
About 5101 Dewalt
HUGE PRICE REDUCTION! Beautiful NW Bakersfield home featuring OWNED SOLAR w/2 Tesla3 batteries, astro turf in front and back yards, Inground pool, 50-year metal roof, newer windows (2023), 2 HVAC units (2019), and RV parking. This corner lot home in cul-de-sac with a split-wing floor plan was made for entertaining! The inviting family room brings the wow factor with vaulted, wood-beamed ceilings and a cozy fireplace, creating the perfect gathering space for everything from game nights to holiday get-togethers. Formal living & dining areas offer even more room to host, and when it's time to unwind, retreat to the spacious master suite featuring dual sinks, a separate tub & shower, and walk-in closets in 2 rooms!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- -
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 |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,058 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $524.9K | $414.9K |
| Price per sq ft | $255 | $246 |
| Built year | 1989 | 1986 |
| HOA | $0 | $180 |
| Days on market | 36 | 65 |
Pricing History
Listed for Sale
Sep 18, 2026
$524,900
Initial Listing
Sold
Jul 5, 2024
$520,000
Public Record
Sold
Dec 3, 2004
$315,000
Public Record
Sold
Nov 11, 1998
$179,500
Public Record
Sold
May 12, 1998
$53,500
Public Record