823 Deer Ridge, Bakersfield, CA 93306, Bakersfield, 93306 - 5 bed, 2 bath
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Bakersfield, CA 93306
This property presents a Strong Value Opportunity with a List Price of $350,000—positioned well below the $376,663 Fair Market Value by 7%. This valuation gap offers $26,663 in Instant Equity for the buyer. While the home has a Fair Condition Rating and requires cosmetic updates, the 5-bedroom layout and Granite Kitchen provide a solid foundation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build wealth through strategic, value-add renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 823 Deer Ridge Subject | $350,000* List Price | 5 | 2 | 1,554 | $242 | - |
A 8507 Eucalyptus Sold | $325,000 | 3 | 2 | 1,263 | $257 | 0.2 mi |
B 1220 Laity Court Pending | $314,999 List Price | 3 | 2 | 1,353 | $233 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this 20-year-old home is functional but shows significant cosmetic dating and minor deferred maintenance. The kitchen features original oak cabinetry and dated white appliances, while the bathrooms retain older tile countertops. Interior images show wear on doors and walls, and the exterior landscaping is unmaintained, placing it in the 'Fair' category as it requires minor repairs and modernization.
With 5 bedrooms, this property offers exceptional utility and versatility for large families or multi-generational living, which is rare at this price point.
The kitchen features premium granite countertops and ample cabinetry, providing a contemporary and functional heart of the home that is move-in ready.
The property carries a $0 association fee, offering lower monthly carrying costs and greater freedom for the homeowner compared to nearby managed communities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Fitting 5 bedrooms into 1,554 square feet suggests that individual room sizes and common living areas may feel cramped or undersized for a full household.
The ratio of only 2 bathrooms to 5 bedrooms can create significant daily logistical challenges and may be viewed as a drawback for larger families.
Welcome to your next home in one of Bakersfield's most desirable locations!This beautiful property offers 5 spacious bedrooms, 3 full bathrooms, and a stunning kitchen featuring granite countertops, ample cabinet space, and plenty of room for entertaining family and friends. The open and inviting floor plan provides both comfort and functionality, making it perfect for growing families or anyone looking for extra space.Located near shopping, dining, schools, and everyday amenities, this home offers everything you've been looking for and more.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,554 | 1,962 | 44% |
| Lot Size | 6,970 | 7,840 | 28% |
| Price | $350.0K | $360.0K | 44% |
| Price per sq ft | $225 | $217 | 52% |
| Built year | 2004 | 1982 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 197 | 4% |
Jun 4, 2026
$350,000
Initial Listing
Mar 5, 2004
$127,000
Public Record
Oct 1, 2003
$24,000
Public Record