
Bakersfield, CA 93308
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $415,000—positioned above the $404,415 Fair Market Value. While currently priced slightly above market, the property offers a Condition Rating of 3, featuring a functional 2006 build with a versatile office and a spacious 8,276 sqft lot. With no HOA fees and current tenant occupancy, this asset provides immediate rental income potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, low-maintenance property with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 654 Mountain Mist Court Subject 3 bd · 2 ba · 1,767 sqft · $229 | $415,000* List Price | 3 | 2 | 1,767 | $229 | - |
A 3523 Floral Meadow Sold 4 bd · 2 ba · 2,030 sqft · $218 · 0.1 mi | $443,000 | 4 | 2 | 2,030 | $218 | 0.1 mi |
B 547 Shady Meadow Court Sold 3 bd · 3 ba · 2,200 sqft · $182 · 0.1 mi | $400,000 | 3 | 3 | 2,200 | $182 | 0.1 mi |
C 409 Borman Avenue Sold 3 bd · 2 ba · 1,507 sqft · $220 · 1.0 mi | $332,000 | 3 | 2 | 1,507 | $220 | 1.0 mi |
D 128 W Pilot Sold 3 bd · 2 ba · 1,080 sqft · $296 · 0.7 mi | $320,000 | 3 | 2 | 1,080 | $296 | 0.7 mi |
E 242 Tanner Michael Dr Sold 3 bd · 2 ba · 1,368 sqft · $249 · 0.8 mi | $340,000 | 3 | 2 | 1,368 | $249 | 0.8 mi |
F 3307 Pacer Sold 3 bd · 2 ba · 1,385 sqft · $224 · 0.8 mi | $310,000 | 3 | 2 | 1,385 | $224 | 0.8 mi |
G 547 Shady Meadow Court Active 3 bd · 3 ba · 2,200 sqft · $200 · 0.1 mi | $440,000 List Price | 3 | 3 | 2,200 | $200 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and functional. The kitchen and bathrooms appear to feature original builder-grade finishes, including oak cabinetry and tile countertops, which are dated but in move-in ready condition. The exterior and systems appear consistent with the age of the home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1767.
The inclusion of a dedicated office in addition to three bedrooms provides significant versatility for remote work, a study, or a flex room, catering to modern lifestyle needs.
Currently tenant-occupied, this property offers an immediate income stream for investors looking to add a functional, well-maintained asset to their portfolio.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The current tenant occupancy may pose a challenge for buyers seeking immediate possession or those wishing to perform significant cosmetic updates prior to moving in.
The assigned public schools have relatively low ratings, ranging from 2 to 5, which may be a drawback for families prioritizing high-performing educational environments.
Great opportunity for investors or buyers! The 3-bedroom, 2-bath home with an additional office offers flexibility for those looking to build their real estate portfolio or purchase a home with the potential to make it their own. The functional floor plan features a living room with fireplace, well-sized kitchen with ample cabinetry and counter space, and a versatile office that could serve as a home office, study, or additional flexplace. The property also includes a 2-car garage, driving parking, and a nice-sized backyard with room to enjoy or personalize. Conveniently located near Meadows Field Airport, with easy access to major freeways, dining, and everyday amenities. Currently tenant occupied, making this an appealing opportunity for an investor looking to add a rental property to their portfolio or a buyer planning for future occupancy.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades K-5 • 1.2 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,767 | 1,656.81 |
| Lot Size | 8,276 | 8,069.772 |
| Price | $415.0K | $414.9K |
| Price per sq ft | $235 | $246 |
| Built year | 2006 | 1986 |
| HOA | $0 | $180 |
| Days on market | 24 | 65 |
Sep 30, 2026
$415,000
Initial Listing
Nov 30, 2005
$300,000
Public Record