
Bakersfield, CA 93307
This Modern 2022-Built Residence is a Strong Value Opportunity, listed at $421,000—positioned well below the $463,525 Fair Market Value by 9%. This valuation gap provides $42,525 in Instant Equity. Boasting an Excellent Condition Rating, the home features paid-off solar panels, two separate living areas, and contemporary finishes across 2,116 sq. ft. With $0 HOA fees and energy-efficient systems, it offers low carrying costs in a growing Bakersfield market. This property is a premier choice for Buy-and-Hold Investors or first-time buyers seeking a turnkey, high-value asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 802 Kidlington Court Subject | $421,000* List Price | 4 | 2 | 2,116 | $219 | - |
A 295 Sparks Active | $449,500 List Price | 5 | 4 | 1,973 | $228 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is nearly new and falls well within the under 10-year age bracket for excellent condition. The property features modern systems, paid-off solar, and mint interior/exterior finishes with no maintenance required.
The property features fully paid-off solar panels, providing significant immediate savings on utility costs and increasing the home's long-term value.
Built in 2022, this contemporary 2,116 sq. ft. home offers a 'better than new' experience with a spacious four-bedroom layout and two separate living areas.
With no monthly association fees ($0 HOA), this property offers a more affordable monthly payment compared to many other newer residential developments.
The listing price of $421,000 is a substantial increase from its $374,000 sale price in early 2023, which may lead to appraisal scrutiny or buyer resistance.
While the backyard is described as expansive, the 6,534 sq. ft. lot is relatively standard for a home of this square footage, potentially limiting space for significant outdoor upgrades like a pool.
Better than new construction! A stunning 2,116 sq. ft. modern contemporary home featuring 4 bedrooms, 2 bathrooms, and two separate living areas. This property presents an excellent opportunity for both investors seeking a cash-flowing asset or first-time buyers looking for a better value than new construction. The home offers a spacious living room filled with natural light, creating a warm and inviting atmosphere perfect for relaxing or entertaining. Enjoy the added benefit of PAID OFF solar, providing energy efficiency and immediate savings. The expansive backyard is perfect for gatherings, parties, and outdoor activities, offering plenty of space for seating and play. Come take a look!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,116 | 1,071.5 | 94% |
| Lot Size | 6,534 | 6,661 | 50% |
| Price | $421.0K | $299.5K | 94% |
| Price per sq ft | $199 | $280 | 6% |
| Built year | 2022 | 1959 | 94% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 197 | 6% |
May 4, 2026
$421,000
Initial Listing
Jan 12, 2023
$374,000
Public Record