Kern Canyon Road - Residential Single Family Land
Land | 63.39 acres
Marketing description
Here is an opportunity for a developer, builder or investor to build 138 single family homes in the desirable and growning Kern Canyon area of Eastern Bakersfield. The map is approved and ready to be recorded. Nearby home resales range from the mid $200K’s to the mid $500K’s and most are on the market for less than 2 weeks before going under contract. Several nearby new home communities have sales prices ranging from the high $300K’s to the high $600K’s. Bakersfield new home communities have remained a popular option for new home buyers, despite the uncertainty and softening of the current market.
Investment highlights
Project consists of 3 phases
Large parcel sizes provide the opportunity and flexibility to create a range of single and two story floor plans
Easy access to downtown Bakersfield via Hwy 178 and Hwy 58
Close proximity to Kern Medical, Bakersfield College, Bakersfield Country Club and several large retail centers along Highway 178
Nearby access to many recreational opportunities including Mesa Marin Sports Complex, Kern River, Ming Lake, Rio Bravo Country Club and Kern River Golf Course
Services and utilities are available for the project
Map originally approved in 2005, current expiration date is May 1, 2025
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