$2.50M

$2.50M

Est. $16,548/mo · 20% down · 6.5% · 30yr

Paladino, Bakersfield, CA, 93306

Active
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0beds
0
1,737,608lot sqft
0
2 days on market

About this home

This 39.89-acre property offers a prime opportunity in one of east Bakersfield's expanding corridors. Comprised of two contiguous parcels, the site is adjacent to existing residential neighborhoods and ongoing construction, placing it within the path of continued growth.The property includes an approved tentative map for 72 residential lots and a 10-acre commercial parcel, along with vested fees (buyer to verify status, conditions, and expiration). May be suitable for single-family or potential multifamily development with the density overlay that the city has approved.Surrounding areas include established subdivisions and continued development activity. New elementary and junior high also add to the desirability of the are. Open terrain provides flexibility for a range of potential uses. Buyers to verify utilities, access, and development requirements.

Property Details

💰

$2.50M

Price

🛏

0 bd

Bedrooms

🌿

39.89 acres

Lot Size

🏠

Acreage

Type

📅

2 days

Days Listed

✓ Active ListingBakersfield, CA 93306

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Loan Type

Loan Term

$2,500,000
%
3%50%
$125,000 down
%
3%12%
%
$
$

Total Monthly (PITI+MI)

$18,607

Principal · Interest · Taxes · Insurance · MI

Principal & Interest$15,012
Property Taxes / mo$2,604
Home Insurance / mo$120
PMI (Mortgage Insurance)$871
Total Est. Payment$18,607
LTV95.0% · MI Required
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Neighborhood Snapshot

Bakersfield · 93306

Market Stats

Active Listings

282

ZIP 93306

Median List Price

$388K

ZIP 93306

Avg Days on Market

93

Bakersfield avg

Sale / List Price

297.7%

avg ratio

Paladino, Bakersfield, CA, 93306

Listed by: Valeska Nemetz, RESCO

Based on information from CRMLS. All data is obtained from various sources and has not been verified. Full disclaimer

ER

EC Rosa Jr

Realtor® · DRE #02084272

Contact EC directly about this property.

Call EC directly

6614960316