700 Hillcrest Drive, Bakersfield, CA 93305, Bakersfield, 93305 - 4 bed, 2 bath
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Bakersfield, CA 93305
This Spacious Spanish-Style Residence is a Prime Investment Opportunity, listed at $420,000—positioned well below the $474,007 Fair Market Value by 11%. This valuation gap offers $54,007 in Instant Equity for incoming buyers. Boasting a Condition Score of 3, the home features a remodeled Granite Kitchen, original hardwood floors, and an Expansive 13,935 Sq Ft Lot with a Sparkling Pool. Located in the prestigious La Cresta neighborhood, it balances historic charm with modern utility. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 700 Hillcrest Drive Subject | $440,000* List Price | 4 | 2 | 1,556 | $311 | - |
A 2928 Elmwood Ave Sold | $340,000 | 2 | 2 | 1,234 | $276 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1939, the property has undergone significant renovations likely within the last 5-15 years. The kitchen is modernized with granite countertops and stainless steel appliances, the original hardwood floors are well-maintained, and the interior features updated recessed lighting and HVAC vents, 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 = 13935, living area = 1556.
The property sits on a massive 13,935 sq ft lot featuring a sparkling pool, peaceful patio, and an oversized driveway with RV parking, offering rare outdoor utility and space for the area.
This 1939 Spanish-style home perfectly blends timeless architectural details like hardwood floors and Spanish tile with a modern remodeled kitchen featuring granite countertops.
The property was recently sold within the past year on 2025-08-13. The sold price is $410,000.00.
The assigned elementary and middle schools carry low ratings (2/10), which may be a significant drawback for families prioritizing local academic performance.
Built in 1939, the property may require more frequent maintenance or future capital improvements to aging infrastructure compared to newer residential builds.
Charming Spanish-style 3 bed + 2 bath single-story home in the highly sought-after La Cresta neighborhood and set on an expansive 13,935 sq ft lot. This 1,556 sq ft home blends timeless character with thoughtful updates, featuring a remodeled kitchen with granite countertops, a formal dining area, and both a spacious living room and separate den for flexible everyday living. Hardwood floors and Spanish tile run throughout, giving the home warmth and that classic feel that never goes out of style. The split-wing layout offers privacy between bedrooms, and the backyard is its own retreat, complete with a peaceful patio and sparkling pool, perfect for relaxing or hosting. You'll also love the oversized driveway with plenty of room for parking, RVs, or extra toys.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 1.3 mi
Grades 6-8 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 71% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,556 | 1,249 | 79% |
| Lot Size | 13,935 | 6,954.5 | 86% |
| Price | $440.0K | $295.0K | 93% |
| Price per sq ft | $283 | $211 | 86% |
| Built year | 1939 | 1953 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 66 | 150 | 7% |
Apr 28, 2026
$440,000
$420,000
+5% Price Increase
Initial Listing
Apr 24, 2026
$420,000
Initial Listing
Aug 13, 2025
$410,000
Public Record
Sep 21, 2016
$220,000
Public Record
Feb 25, 2015
$210,000
Public Record
Dec 8, 2009
$150,000
Public Record
Dec 28, 2005
$279,000
Public Record
Feb 26, 2003
$151,500
Public Record