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    Kern Canyon Rd Bakersfield, CA 93306

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    63-Acre Residential Land, Bakersfield CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 63.39-acre parcel located on Kern Canyon Road in Bakersfield, CA (APN 533-012-15-00-6), presents a prime opportunity for residential development. The approved map, ready for recording, allows for the construction of approximately 138 single-family homes. This project is envisioned in three phases, offering flexibility in design and construction. Large lot sizes facilitate a diverse range of single and two-story floor plans, catering to a broad market. The property enjoys convenient access to downtown Bakersfield via Highways 178 and 58, placing residents near Kern Medical, Bakersfield College, Bakersfield Country Club, and numerous retail centers along Highway 178. Recreational amenities are also readily accessible, including the Mesa Marin Sports Complex, Kern River, Ming Lake, Rio Bravo Country Club, and Kern River Golf Course. Utilities and services are available. The current map approval expires May 1, 2025. Comparable recent home sales in the area range from the mid $200,000s to the mid $500,000s, with most properties under contract within two weeks. Nearby new home communities showcase sales prices from the high $300,000s to the high $600,000s, indicating strong market demand. This presents a compelling investment opportunity in a thriving Bakersfield neighborhood. The zip code is 93306.

    Property Features for 0 Kern Canyon Rd

    General Information

    Property type
    Land
    Lot Size
    2,761,268 SF

    HighLights

    • 63.39‑acre residential development site in Bakersfield, CA (APN 533‑012‑15‑00‑6), approved for ~138 single‑family homes.
    • Three‑phase development plan offering flexible design and construction.
    • Convenient access to downtown Bakersfield via Highways 178 and 58, near Kern Medical, Bakersfield College, Bakersfield Country Club, and retail centers.
    • Proximity to recreational amenities including Mesa Marin Sports Complex, Kern River, and several country clubs.
    • Utilities available; map approval expires May 1, 2025.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bakersfield
    County
    Kern
    State
    California
    Longitude
    -118.893136
    Latitude
    35.386978

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    FAQs

    What type of property is this?
    Land - 63-Acre Residential Land, Bakersfield CA
    Where is this land located?
    The property is located at Kern Canyon Rd Bakersfield, CA.
    What are key features of this property?
    This property features: 63.39-acre residential development site in Bakersfield, CA (APN 533-012-15-00-6), approved for ~138 single-family homes.; Three-phase development plan offering flexible design and construction.; Convenient access to downtown Bakersfield via Highways 178 and 58, near Kern Medical, Bakersfield College, Bakersfield Country Club, and retail centers.
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    Kern Canyon Rd Bakersfield, CA 93306
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    Bakersfield, CA 93306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Kern Canyon Rd Bakersfield, CA 93306
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