
Bakersfield, CA 93308
This Spacious Single-Family Residence represents a Strong Value Opportunity, listed at $515,000—positioned well above the $491,768 Fair Market Value by 4%. While priced slightly above market, the property’s Condition Rating of 3 and massive 17,859 sqft lot provide significant utility. Featuring a Chef-Inspired Kitchen, RV space, and flexible outbuildings, the home offers immense potential for an ADU conversion. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a property with substantial room for long-term value appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6606 Desmond Court Subject | $515,000* List Price | 3 | 3 | 1,969 | $250 | - |
A 4401 Palisades Sold | $580,000 | 4 | 3 | 2,113 | $274 | 0.9 mi |
B 6008 Carter Avenue Sold | $480,000 | 3 | 2 | 2,181 | $220 | 0.4 mi |
C 7116 Jolynn Street Sold | $510,000 | 4 | 3 | 2,321 | $220 | 0.9 mi |
D 7309 Cedarcrest Avenue Sold | $445,000 | 3 | 2 | 1,442 | $309 | 0.6 mi |
E 6000 Eugene Place Active | $389,000 | 3 | 3 | 1,759 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1963, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features modern stainless steel appliances and updated cabinetry, bathrooms have been modernized with newer vanities and fixtures, and the interior shows fresh paint and updated flooring throughout, making it move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17859, living area = 1969.
The massive 17,859 sqft lot provides exceptional utility with a huge RV space, a detached two-car garage, and multiple auxiliary structures including a playhouse and storage building.
The kitchen is a standout feature for entertainers, equipped with stainless steel appliances, double ovens, dual sinks, a butler’s bar, and a walk-in pantry.
Built in 1963, the home may require ongoing maintenance or updates to its original systems to meet modern energy efficiency and building standards.
The outdoor kitchen is described as 'almost ready,' indicating that the buyer will need to invest additional time and funds to finish the project before it is fully functional.
Located in Olive Drive, N/S exposure, huge RV space with many possibilities! The home has been freshly painter and offers: 2 living areas, 2 dining area, open kitchen with stainless appliances, butler bar makes for a great coffee station,, 2 sinks,, 2 ovens, pantry-' a bakers dream' The rear yard offers a building for storage and potting area,, a play house for the children or artist,, a detached 2 car garage, attached office, game room, ADU with a few changes, The outside kitchen is almost ready for a few BBQ'S! Don't miss this opportunity of living in the Country in the middle of the City!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,969 | - |
| Lot Size | 17,859 | - |
| Price | $515.0K | $399.2K |
| Price per sq ft | $262 | $245 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 57 |
Jul 9, 2026
$515,000
Initial Listing
Aug 5, 2022
$465,000
Public Record
Sep 9, 2016
$340,000
Public Record
Apr 22, 1994
$120,000
Public Record