1942 Terrace Way, Bakersfield, CA, 93304
About This Home
Rare opportunity to own a piece of Bakersfield history! Set on 2.09 acres with 5,876 sq ft of living space, this gated estate offers 6 bedrooms and 5.5 baths across a main residence and separate guest house. The main home showcases expansive living areas, abundant natural light, formal dining seating up to 26, a grand living room, and a den with bar and indoor BBQ perfect for entertaining. The guest house features an open layout, full kitchen, bedroom, and private bath, ideal for multi-generational living or rental income. Enjoy resort-style grounds with a large pool, dual pool rooms with baths, mature landscaping, and multiple outdoor entertaining areas. Circular drive, ample parking, and two gated entrances complete this exceptional estate.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1942
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Features
- Number of fireplaces: 2
- Fireplace: Yes
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 7,189
- Total interior livable area: 7,189 sqft
Property
Details
- Parcel number: 14728004
- Zoning: R1
- Zoning description: R1
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Private pool: Yes
- Pool features: In Ground
Lot
- Lot size: 2.10 Acres
Parking
- Parking features: Carport,Open,RV Access/Parking
- Has uncovered spaces: Yes
- Carport: 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
- Heat Wave
- Earthquake
How This Home’s Risks Compare
FEMA Declared Disasters in Kern County and California
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,437 | $41,244 |
| Home Insurance * | $262 | $3,144 |
| Property Taxes | $814 | $9,768 |
| Electricity | $1,541 | $18,499 |
| Total | $6,054 | $72,648 |
Income You'd Need if You Spent...
California FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Pending sale | $679,900 |
| 2026-04-24 | Listed for sale | $679,900 |
| 2008-02-28 | Listing removed | $2,700,000 |
| 2008-02-26 | Listed for sale | $2,700,000 |
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