
Bakersfield, CA 93307
This property presents a High-Potential Investment Opportunity with a List Price of $249,000—positioned well below the $249,000 Fair Market Value by 0%. While the home features a modern 2023 build and an enormous backyard, it carries a Poor Condition Rating due to the theft of critical systems, including the electrical panel and HVAC. This asset requires significant capital expenditure to restore functionality. It is a specialized acquisition ideal for Fix-and-Flip Investors or Contractors capable of managing a comprehensive mechanical overhaul.
Property is extensive renovation needed.
Despite being built in 2023, the property is rated poor because all critical systems—including the electrical panel, HVAC, water heater, and solar panels—have been stolen. It lacks electricity and requires significant rehab to restore functionality, making it a 'Cash Only' sale despite the modern interior finishes.
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 = 1451.
Built in 2023, this nearly new home features a contemporary open-concept layout and modern interior finishes like white cabinetry and stone-surface counters.
The property boasts an enormous backyard ideal for entertaining, complemented by a brand-new front fence that enhances both security and privacy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1485, other record living area = 1451.
The home has been stripped of its AC unit, solar panels, and water heater, and requires a completely new electrical panel to restore power.
As a cash-only short sale subject to lender approval and sold in 'as-is' condition, the transaction presents high complexity and financing hurdles.
Built in 2023 . THIS IS A SHORT SALE SUBJECT TO LENDER APPROVAL. CASH ONLY. Stunning single-family residence. This property features an open concept with the kitchen that opens up to the Den and dining area. The combination of white surface counters and rich white cabinetry flows perfectly with neutral wall colors. Three bedrooms two bathrooms, a two-car garage and an enormous backyard. This home is perfect for entertaining guests. A brand new fence built for security and privacy at the front of the property. This is a short sale subject to lender approval all information is deemed reliable but not a guarantee. Buyer and buyers agent to do their own due diligence. Property does not have electricity, it will require a new electric pannel, needs TLC, seller will not do any repairs. Solar pannels were stolen, AC was stolen, and water heater were stolen.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,485 | 1,656.81 |
| Lot Size | - | 8,069.772 |
| Price | $249.0K | $414.9K |
| Price per sq ft | $168 | $246 |
| Built year | 2023 | 1986 |
| HOA | $0 | $180 |
| Days on market | 123 | 65 |
Jun 23, 2026
$249,000
Initial Listing
Oct 31, 2023
$335,000
Public Record
May 17, 2022
$65,000
Public Record