
Bakersfield, CA 93309
This 55+ Active Adult Community Residence represents a Strong Value Opportunity, listed at $225,000—positioned well below the $241,324 Fair Market Value by 6%. This valuation gap offers $16,324 in Instant Equity for the buyer. While the home maintains a Condition Rating of 4, featuring a private patio and a functional layout, the dated interior provides a clear path for cosmetic value-add. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking an affordable, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5720 Indian Wells Ave Subject 2 bd · 1 ba · 1,148 sqft · $210 | $225,000* List Price | 2 | 1 | 1,148 | $210 | - |
A 504 Pebble Beach Drive Sold 2 bd · 1 ba · 1,006 sqft · $234 · 0.6 mi | $235,000 | 2 | 1 | 1,006 | $234 | 0.6 mi |
B 504 Pebble Beach Dr Sold 2 bd · 1 ba · 1,006 sqft · $234 · 0.6 mi | $235,000 | 2 | 1 | 1,006 | $234 | 0.6 mi |
C 325 Oak Fair Sold 2 bd · 2 ba · 1,048 sqft · $243 · 0.6 mi | $255,000 | 2 | 2 | 1,048 | $243 | 0.6 mi |
D 325 Oak Fair Way Sold 2 bd · 2 ba · 1,048 sqft · $243 · 0.6 mi | $255,000 | 2 | 2 | 1,048 | $243 | 0.6 mi |
E 325 Oak Fair Active 2 bd · 2 ba · 1,048 sqft · $248 · 0.6 mi | $260,000 List Price | 2 | 2 | 1,048 | $248 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is well-maintained and move-in ready with fresh paint and newer carpeting, the kitchen and bathrooms are significantly dated, featuring cabinetry and tile work likely exceeding 30 years in age. The presence of popcorn ceilings and older architectural details indicates a need for cosmetic updates to meet modern standards.
The home is move-in ready with fresh paint and newer carpeting, offering an immediate and hassle-free transition for buyers seeking a low-maintenance start.
Featuring oversized rooms and an abundance of storage throughout, the floor plan maximizes its 1,148 square feet to provide a comfortable and organized living environment.
Located in the established Kern City 55+ community, the property offers a tailored lifestyle for seniors at a highly competitive price point under $250,000.
With only one bathroom serving two bedrooms, the property may be less convenient for guests and could face marketability challenges compared to homes with a primary ensuite.
Built in 1967, the home may require future capital expenditures for aging mechanical systems or further cosmetic updates to align with modern aesthetic preferences.
Welcome to this charming, move-in-ready home located in Kern City 55+ community! Step inside and discover a home filled with warmth, charm, and inviting spaces! Fresh paint and newer carpeting add a wonderful touch of comfort and freshness, making this home feel even more welcoming. Oversized rooms provide plenty of space to spread out, relax, and make yourself right at home! The cozy kitchen features rich wood cabinetry and a charming pass-through window that serves up more than just convenience it keeps conversation flowing and everyone connected! Just beyond, the delightful dining area is filled with natural light and offers the perfect setting for morning coffee, intimate dinners, or memorable gatherings with family and friends. You'll also appreciate the abundance of storage areas throughout the home, providing plenty of places to keep everything neatly tucked away and organized. Full of charm and ready for you to move right in!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,148 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $225.0K | $414.9K |
| Price per sq ft | $196 | $246 |
| Built year | 1967 | 1986 |
| HOA | $525 | $180 |
| Days on market | 8 | 65 |
Oct 16, 2026
$225,000
Initial Listing