
Bakersfield, CA 93314
This High-Potential Value-Add Ranch is listed at $664,999, representing a stable entry point at its $664,999 Fair Market Value. Currently holding a Fair Condition Rating, the residence requires interior modernization, but the underlying asset value is driven by the 1.1-Acre Lot and Equestrian Setup with four stables. The Detached Garage with Workshop and full restroom offers clear ADU Conversion potential, while the Resurfaced Swimming Pool provides immediate lifestyle utility. This property is a strategic acquisition for Value-Add Investors or Owner-Occupants looking to build equity in Northwest Bakersfield.
Property is moderate renovation needed.
Built in 1977, this property shows a mix of recent cosmetic refreshes and significant dated elements. While it features new laminate flooring and fresh interior paint, the kitchen is outdated with 1970s-style tile countertops, a large fluorescent light box, and is currently missing major appliances. The bathrooms and light fixtures throughout appear aged, and the overall aesthetic reflects a home that has been maintained but not fully modernized. The 'Fair' rating is assigned because while the home is functional and includes valuable exterior features like a resurfaced pool and horse stables, the interior requires further updates to meet modern move-in ready standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 2093.
Situated on a sprawling 1.1-acre lot, this property features four well-maintained horse stables, offering a rare opportunity for country living within a desirable Northwest Bakersfield location.
The large detached garage includes a workshop and a full restroom, providing a versatile space that is ideal for home projects or conversion into an Accessory Dwelling Unit (ADU).
The 1977 ranch-style residence requires a 'personal touch' and modern updates to reach its full potential, which may necessitate additional immediate investment from the buyer.
The property's recent return to the market and significant price adjustment following a failed escrow may lead to increased buyer scrutiny regarding its condition or previous inspection findings.
BACK ON THE MARKET - at no fault of seller(s) with a major price adjustment subject to successful cancelation of previous escrow. Nestled on a sprawling 1.1-acre lot in a coveted Northwest Bakersfield location, this ranch-style property needs a slight personal touch to create the perfect sanctuary and still offers the perfect blend of country living and modern convenience. The spacious 2,093 sq. ft. residence is just the beginning of a truly unique lifestyle. Step outside to discover a sparkling, recently resurfaced swimming pool and a vast, open backyard ready for recreation and entertaining. Equestrian enthusiasts will appreciate the four well-maintained horse stables, while the multiple RV access points and a large detached garage with a workshop that offers full restroom with endless possibilities for hobbies, storage, and home projects. The perfect space for an ADU to be built!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.5 | 50% |
| Square foot | 2,093 | 2,314.5 | 42% |
| Lot Size | 43,560 | 11,325 | 81% |
| Price | $665.0K | $579.0K | 58% |
| Price per sq ft | $318 | $250 | 81% |
| Built year | 1977 | 2012 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 209 | 180 | 73% |
Mar 24, 2026
$664,999
$750,000
-11% Price Drop
Initial Listing
Sep 25, 2025
$750,000
Initial Listing
Apr 27, 2004
$331,000
Public Record