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32305301
32305628

5801 Morning Drive, Bakersfield, CA 93306

TS
CA CA 01717276
Paramout Properties
CR
CA CA00957278
Pinnacle Commercial
Listed by Paramout Properties, Pinnacle Commercial
$13,676,000
34 days on market
Updated 34 days ago

Morning Star Estates - 263 Lot Residential TTM

Details
APN 531-011-02-02-5
Property Type Land
Sub Type Residential
Units 263
Tenancy Vacant
Class A
Acreage 68.630
Zoning R-1 (Single-Family Residential)
Investment Type Redevelopment
Sale Condition N/A

Land | 68.63 acres

Marketing description

This property consists of Two (2) separate parcels equaling a total of approximately 80.82 acres, and will have an approved tentative tract map consisting of 263 paper lots.

Site is located on the East side of Morning Star Avenue North of 178, Bakersfield, Ca. When heading east from Freeway 99, on 178, continue east to Morning Star Drive, then turn North. Head due north approximately .6 miles, and the location will be on your right.

Location of the project is in the prestigious eastern portion of Bakersfield called city in the light, with excellent access to Bakersfield City College, the newly remodeled major retail mall, high schools, parks, elementary schools and many other amenities.

This project is surrounded by new homes, and homes under construction being developed by LGI Communities, Jeramy Wiler Construction, KHovnanian Homes, and many more.

Investment highlights

  • The project is designed as a four-phase development, allowing a homebuilder to manage absorption, capital deployment, and vertical timing efficiently.
  • Located in East Bakersfield growth corridor
  • Surrounded by active builders (LGI, KHovnanian, etc.)
  • Proximity to City Lights Retail Development (Opening 2027)
  • Strong access via Hwy 178
  • Builder-ready, phased community
  • Financeable, scalable development

Listing Contacts

TS
CA CA 01717276
Paramout Properties
CR
CA CA00957278
Pinnacle Commercial
Listed by Paramout Properties, Pinnacle Commercial

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Additional Information

Name
Tony Simone
License
CA 01717276
Brokerage Phone
5598015137
Brokerage Address
2350 West Shaw Avenue
Name
Cameron Rollf
License
CA00957278
Brokerage
Cal Land and Associates
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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