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23840 Martingale Way, Tehachapi, CA, 93561

3beds
3baths
3,263sqft
$995,000
$305price/sqft
$7,163/moest. monthly cost
$286,520/yrincome needed

About This Home

Experience refined country living at this breathtaking 2.3 - acre equestrian estate, where high-end residential luxury meets a world-class horse facility.This exquisite 3-Bedroom, 3-Bathroom, dedicated private office, and dual living rooms is a home designed for both entertaining and tranquil daily living. From the moment you step into the foyer, you are greeted by soaring ceilings that create an airy, voluminous ambiance. Large floor to ceiling windows flood the open-concept layout with natural light, providing stunning, unobstructed views of the surrounding landscape.This home offers two distinct living areas. The main great room has a stone stacked fireplace, large windows and flows into the open concept kitchen. A second living room, or flex space, offers unparallel versatility, ideal for a media room, den, or a playroom.The heart of this residence is a breathtaking, oversized gourmet kitchen designed for the culinary enthusiast. This culinary sanctuary boasts granite countertops, wet bar, wine frig, abundant cabinetry, and a massive center island designed for effortless entertaining. Multiple dinning area's including a formal dining room.Escape into your sanctuary bedroom for comfort and luxury. This sprawling, sundrenched primary suite offers multiple large windows with panoramic views, as well as occupying its own wing, creating a serene oasis away from the rest of the home. Main bathroom suite is spacious with double sinks, large shower and a jetted bathtub. Prepare to be amazed by the massive, custom-designed closet/dressing room-a true boutique style walk-in closet! Two additional bedrooms offer bathrooms right next to them.This property is located on the valley floor and offers a 36 x 36 barn with 3 12 x 12 stalls, Tack room, 64' x 152' riding arena, and a 56' x 72' pasture. Step directly from your property onto miles of horse trails, offering endless exploration through nature. Whether you are seeking a high-performance training ground or just want to enjoy Bear valley Spring amazing horse trails this residence offers a lifestyle for both horse and rider. Located in the gated community of Bear Valley Springs, residents enjoy a lifestyle rich in amenities including an equestrian center, golf course with pro shop, two lakes, country club bar, 2 restaurants, pool, tennis & pickleball courts, gym, sauna, jacuzzi, and a wide variety of clubs, and events.UPGRADES and PERKS: Owned solar, Custom gates, fully fenced, generator, gas/switch, 3 Fireplaces 12' x 29' RV Cover, Dump station hooked up to septic/no permit.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

2/10
Jacobsen Middle SchoolGrades 6-810.8 mi
5/10
Tehachapi High SchoolGrades 9-1211.0 mi

Construction

Condition

  • Year built: 2010

Materials

  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Residential,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Interior Area

  • Total structure area: 3,263
  • Total interior livable area: 3,263 sqft

Property

Details

  • Parcel number: 31418219
  • Lease amount: 0
  • Zoning: E1

Features

  • Levels: One
  • Has view: Yes

Lot

  • Lot size: 2.13 Acres
  • Features: Horse Property,Level,Views

Parking

  • Parking features: Attached
  • Has garage: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Wildfire
    WildfireVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Wildfire
Inland Flooding
Winter Weather
Earthquake
Heat Wave
Landslide

FEMA Declared Disasters in Kern County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,031$60,372
Home Insurance *$435$5,220
Property Taxes $998$11,976
Electricity $699$8,396
Total$7,163$85,956
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$245,588/yr
40% on housing$214,890/yr
45% on housing$191,013/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.2%
2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$305This listing

vs Other Active Listings

Avg $/sqft

ZIP 93561$237
Kern County$201

vs Homes Sold Last Month

Median $/sqft

ZIP 93561$253
Kern County$233

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-09Listed for sale$995,000
2009-03-17Sold$190,000
2006-04-03Sold$250,000

For Sale by Agent

AgentKari A. Munoz
BrokerageTehachapi Summit Real Estate

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