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26300 Deertrail Dr
D+ Composite 46.29
Why this score? — see what drove the D+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +14.5/15.0
  • Cash flow +13.6/30.0
  • DSCR +4.1/10.0
  • 1% rule +3.5/10.0
  • Schools +3.0/10.0
  • Livability +2.7/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$279,777

26300 Deertrail Dr · Bear Valley Springs, CA 93561
4 bd · 2.0 ba · 1,215 sqft · SingleFamily public records · 132 Days on market
Built 1975 1.43 ac lot $230/sqft · 16% below area Est $332k · 16% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Mountain top get away for under $300k! This Gambrel Style home is located in the gated community of Bear Valley Springs, surrounded by oaks, pines and rock clusters. The amazing views from the multiple decks are priceless and being in the mountains is peaceful. The home sits on almost 1.5 acres with the wildlife being abundant. The seller has done some updating that includes; all new engineered wood and carpet floors, new interior paint, new light fixtures, new front door, new stove and new kitchen sink. The lower level includes a living room, full bathroom, 2 bedrooms along with the laundry area and a large covered deck. The upper level includes the kitchen, master bedroom/bathroom, family room and 2 open decks. The carport area includes an enclosed storage area, just off the circular driveway. The corner lot provides plenty of room to add a garage, workshop and RV parking. The seller's plans have changed and he is giving you the chance to come in and finish the work he started. This would make a great weekend retreat or full time residence with Bear Valley having amenities that include; golf, tennis, swimming, lakes, shooting range, pickleball, gym, restaurants, equestrian area and so much more. See www. bvsa.org for more info on the community.

Key facts

  • Gated community
  • Multiple decks
  • New carpet floors

Tags

GATED COMMUNITYMULTIPLE DECKSALMOST 1.5 ACRESENGINEERED WOOD FLOORSNEW CARPET FLOORSNEW INTERIOR PAINT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 4-bed/2.0-bath single-family listed at $280k.

Deal economics

  • At list price, monthly cash flow is $14 ($166/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $237k (15.2% below list).
  • Recommended offer: $237k (15.2% below list) — sets the bar for 1% rule.
  • Cap rate 6.4% vs local median 2.8% in Bear Valley Springs — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 53/100 on livability (#942 in CA) — a working-class tenant base; expect higher turnover. Strengths: housing A+, employment A; Watch: schools C-, amenities F, commute F.
  • Tehachapi Unified (town): math 26% / reading 40% proficiency, ranked #285 of 517 in CA (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: Rents flat; 654 active listings in the ZIP; solid renter incomes; 3,244 units permitted in Kern County in 2024 (73 in 5+ unit buildings).
  • This rent runs 33% of the median local income ($87k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Kern County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 132 days — a 12% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 2y ago; this cycle's ask is 4% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
  • Current owner paid $226k; 24% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $237,250 (15.2% below list)

Questions for the listing agent

  1. It's been on market 132 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
  2. Built in 1975 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.85%
Cap rate
6.35%
Cash-on-cash
0.21%
DSCR
1.01
GRM
9.8

CMA / ARV

ARV (median comp)
$331,588
List price
$279,777
Delta
-15.63%
Verdict
UNDERPRICED
Comps
12 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
26100 Deertrail Dr 0.20mi 3/2.0 (-1) 1,358 (+12%) 10mo $290,000 $214 58

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.05% rent growth · sell at horizon

5-year hold
IRR
-19.2%
Equity multiple
0.35×
Total profit
$-51,306
Equity at exit
$41,716
10-year hold
IRR
-19.2%
Equity multiple
0.11×
Total profit
$-70,042
Equity at exit
$24,190

Cash invested: $78,338 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
18 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City
— inherits STATE
AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

ZIP-level market 93561

Home prices YoY
-23.9%
Rents YoY
0.1%
Active inventory
654
Price-to-rent
9.8×

Monthly cashflow live

Estimated rent
$2,372 medium interval (Pro) →
Mortgage (P&I)
$1,467
Tax from tax record
$277 /mo · $3,321/yr
Insurance
$117
HOA
$0
Vacancy / Maint / Mgmt
$498
Net cashflow
$14

Break-even live

Break-even rent $2,355
Max offer price $279,777
Occupancy floor 94%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$69,944
Closing costs
$8,393
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 17 events

  1. 2026-06-10
    days on market $279,777 Active 132 DOM
  2. 2026-06-09
    days on market $279,777 Active 131 DOM
  3. 2026-06-08
    days on market $279,777 Active 130 DOM
  4. 2026-06-07
    days on market $279,777 Active 129 DOM
  5. 2026-06-03
    days on market $279,777 Active 125 DOM
  6. 2026-06-03
    days on market $279,777 Active 124 DOM
  7. 2026-06-01
    days on market $279,777 Active 123 DOM
  8. 2026-05-31
    days on market $279,777 Active 122 DOM
  9. 2026-02-01
    status Active 1266-char remark
    Show marketing remark (1266 chars)

    Mountain top get away for under $300k! This Gambrel Style home is located in the gated community of Bear Valley Springs, surrounded by oaks, pines and rock clusters. The amazing views from the multiple decks are priceless and being in the mountains is peaceful. The home sits on almost 1.5 acres with the wildlife being abundant. The seller has done some updating that includes; all new engineered wood and carpet floors, new interior paint, new light fixtures, new front door, new stove and new kitchen sink. The lower level includes a living room, full bathroom, 2 bedrooms along with the laundry area and a large covered deck. The upper level includes the kitchen, master bedroom/bathroom, family room and 2 open decks. The carport area includes an enclosed storage area, just off the circular driveway. The corner lot provides plenty of room to add a garage, workshop and RV parking. The seller's plans have changed and he is giving you the chance to come in and finish the work he started. This would make a great weekend retreat or full time residence with Bear Valley having amenities that include; golf, tennis, swimming, lakes, shooting range, pickleball, gym, restaurants, equestrian area and so much more. See www. bvsa.org for more info on the community.

  10. 2026-02-01
    price $279,777 1266-char remark
    Show marketing remark (1266 chars)

    Mountain top get away for under $300k! This Gambrel Style home is located in the gated community of Bear Valley Springs, surrounded by oaks, pines and rock clusters. The amazing views from the multiple decks are priceless and being in the mountains is peaceful. The home sits on almost 1.5 acres with the wildlife being abundant. The seller has done some updating that includes; all new engineered wood and carpet floors, new interior paint, new light fixtures, new front door, new stove and new kitchen sink. The lower level includes a living room, full bathroom, 2 bedrooms along with the laundry area and a large covered deck. The upper level includes the kitchen, master bedroom/bathroom, family room and 2 open decks. The carport area includes an enclosed storage area, just off the circular driveway. The corner lot provides plenty of room to add a garage, workshop and RV parking. The seller's plans have changed and he is giving you the chance to come in and finish the work he started. This would make a great weekend retreat or full time residence with Bear Valley having amenities that include; golf, tennis, swimming, lakes, shooting range, pickleball, gym, restaurants, equestrian area and so much more. See www. bvsa.org for more info on the community.

  11. 2025-12-23
    status Pending 1266-char remark
    Show marketing remark (1266 chars)

    Mountain top get away for under $300k! This Gambrel Style home is located in the gated community of Bear Valley Springs, surrounded by oaks, pines and rock clusters. The amazing views from the multiple decks are priceless and being in the mountains is peaceful. The home sits on almost 1.5 acres with the wildlife being abundant. The seller has done some updating that includes; all new engineered wood and carpet floors, new interior paint, new light fixtures, new front door, new stove and new kitchen sink. The lower level includes a living room, full bathroom, 2 bedrooms along with the laundry area and a large covered deck. The upper level includes the kitchen, master bedroom/bathroom, family room and 2 open decks. The carport area includes an enclosed storage area, just off the circular driveway. The corner lot provides plenty of room to add a garage, workshop and RV parking. The seller's plans have changed and he is giving you the chance to come in and finish the work he started. This would make a great weekend retreat or full time residence with Bear Valley having amenities that include; golf, tennis, swimming, lakes, shooting range, pickleball, gym, restaurants, equestrian area and so much more. See www. bvsa.org for more info on the community.

  12. 2025-12-19
    listed $267,777 Active 1266-char remark
    Show marketing remark (1266 chars)

    Mountain top get away for under $300k! This Gambrel Style home is located in the gated community of Bear Valley Springs, surrounded by oaks, pines and rock clusters. The amazing views from the multiple decks are priceless and being in the mountains is peaceful. The home sits on almost 1.5 acres with the wildlife being abundant. The seller has done some updating that includes; all new engineered wood and carpet floors, new interior paint, new light fixtures, new front door, new stove and new kitchen sink. The lower level includes a living room, full bathroom, 2 bedrooms along with the laundry area and a large covered deck. The upper level includes the kitchen, master bedroom/bathroom, family room and 2 open decks. The carport area includes an enclosed storage area, just off the circular driveway. The corner lot provides plenty of room to add a garage, workshop and RV parking. The seller's plans have changed and he is giving you the chance to come in and finish the work he started. This would make a great weekend retreat or full time residence with Bear Valley having amenities that include; golf, tennis, swimming, lakes, shooting range, pickleball, gym, restaurants, equestrian area and so much more. See www. bvsa.org for more info on the community.

  13. 2024-05-13
    soldstatus $225,777 Closed 1397-char remark
    Show marketing remark (1397 chars)

    Nestled on 26300 Deertrail Dr in Bear Valley Springs, California, this property presents a charming cabin retreat amidst stunning views. With three decks/patios, residents can indulge in the surrounding natural beauty from multiple perspectives. While the cabin requires some tender loving care (TLC), its attractive price point offers an enticing investment opportunity. Whether envisioned as a cozy residential escape, a tranquil vacation retreat, or an investment property, its adaptability caters to diverse aspirations. Inside, the allure of tongue and groove ceilings imparts a rustic charm, accentuating the cabin's character and inviting ambiance. The presence of 2 wood-burning stoves adds a cozy touch, providing warmth and comfort during chilly evenings. Located in the prestigious guard-gated community of Bear Valley Springs, offering our residents a resort community meets National Park lifestyle! Amenities offered to residents include a 9-hole Golf Course, 2 Community Pools, 2 Lakes (fishing, boating, swimming), Oak Tree Country Club fine dining, the Mulligan room coffee shop, Community Center recreation hall with gym, Equestrian Center, 55 mi. of scenic, groomed Horse/ Hiking trails, Campgrounds & Town Center (gas/market/snack bar) just to name a few. Come discover why Bear Valley Springs is still California's best kept secret! Come for a visit, stay for a lifetime!

  14. 2024-05-13
    soldstatus $226,000
    Show marketing remark (1397 chars)

    Nestled on 26300 Deertrail Dr in Bear Valley Springs, California, this property presents a charming cabin retreat amidst stunning views. With three decks/patios, residents can indulge in the surrounding natural beauty from multiple perspectives. While the cabin requires some tender loving care (TLC), its attractive price point offers an enticing investment opportunity. Whether envisioned as a cozy residential escape, a tranquil vacation retreat, or an investment property, its adaptability caters to diverse aspirations. Inside, the allure of tongue and groove ceilings imparts a rustic charm, accentuating the cabin's character and inviting ambiance. The presence of 2 wood-burning stoves adds a cozy touch, providing warmth and comfort during chilly evenings. Located in the prestigious guard-gated community of Bear Valley Springs, offering our residents a resort community meets National Park lifestyle! Amenities offered to residents include a 9-hole Golf Course, 2 Community Pools, 2 Lakes (fishing, boating, swimming), Oak Tree Country Club fine dining, the Mulligan room coffee shop, Community Center recreation hall with gym, Equestrian Center, 55 mi. of scenic, groomed Horse/ Hiking trails, Campgrounds & Town Center (gas/market/snack bar) just to name a few. Come discover why Bear Valley Springs is still California's best kept secret! Come for a visit, stay for a lifetime!

  15. 2024-04-28
    status Pending 1397-char remark
    Show marketing remark (1397 chars)

    Nestled on 26300 Deertrail Dr in Bear Valley Springs, California, this property presents a charming cabin retreat amidst stunning views. With three decks/patios, residents can indulge in the surrounding natural beauty from multiple perspectives. While the cabin requires some tender loving care (TLC), its attractive price point offers an enticing investment opportunity. Whether envisioned as a cozy residential escape, a tranquil vacation retreat, or an investment property, its adaptability caters to diverse aspirations. Inside, the allure of tongue and groove ceilings imparts a rustic charm, accentuating the cabin's character and inviting ambiance. The presence of 2 wood-burning stoves adds a cozy touch, providing warmth and comfort during chilly evenings. Located in the prestigious guard-gated community of Bear Valley Springs, offering our residents a resort community meets National Park lifestyle! Amenities offered to residents include a 9-hole Golf Course, 2 Community Pools, 2 Lakes (fishing, boating, swimming), Oak Tree Country Club fine dining, the Mulligan room coffee shop, Community Center recreation hall with gym, Equestrian Center, 55 mi. of scenic, groomed Horse/ Hiking trails, Campgrounds & Town Center (gas/market/snack bar) just to name a few. Come discover why Bear Valley Springs is still California's best kept secret! Come for a visit, stay for a lifetime!

  16. 2024-04-19
    listed $249,000 Active 1397-char remark
    Show marketing remark (1397 chars)

    Nestled on 26300 Deertrail Dr in Bear Valley Springs, California, this property presents a charming cabin retreat amidst stunning views. With three decks/patios, residents can indulge in the surrounding natural beauty from multiple perspectives. While the cabin requires some tender loving care (TLC), its attractive price point offers an enticing investment opportunity. Whether envisioned as a cozy residential escape, a tranquil vacation retreat, or an investment property, its adaptability caters to diverse aspirations. Inside, the allure of tongue and groove ceilings imparts a rustic charm, accentuating the cabin's character and inviting ambiance. The presence of 2 wood-burning stoves adds a cozy touch, providing warmth and comfort during chilly evenings. Located in the prestigious guard-gated community of Bear Valley Springs, offering our residents a resort community meets National Park lifestyle! Amenities offered to residents include a 9-hole Golf Course, 2 Community Pools, 2 Lakes (fishing, boating, swimming), Oak Tree Country Club fine dining, the Mulligan room coffee shop, Community Center recreation hall with gym, Equestrian Center, 55 mi. of scenic, groomed Horse/ Hiking trails, Campgrounds & Town Center (gas/market/snack bar) just to name a few. Come discover why Bear Valley Springs is still California's best kept secret! Come for a visit, stay for a lifetime!

  17. 1980-08-31
    soldstatus $72,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$3,321 · $277/mo
Projected year-2 tax
$3,321 · $277/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 7/10 Severe
  • 🌡 Heat 2/10 Low
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 9/10 Extreme 25 unhealthy d/yr today · 28 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$28,470
− Mortgage interest
−$15,672
− Property taxes
−$3,321
− Insurance
−$1,399
− Repairs & maintenance
−$2,278
− Management
−$2,278
− Depreciation
−$8,139
Taxable loss
−$4,615
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,108
After-tax cash flow
$1,273/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Tehachapi Unified
NCES district ID
0638880
Math proficiency
26% ▼ -5.00%
Reading proficiency
40% ▼ -6.00%
Median HH income
$59,230
Composite
29.52/100
National rank
#6497
State rank
#285 of 517 in CA

Livability — Bear Valley Springs

Score
53/100
State rank
#942
US rank
#24344

Category grades

Amenities F Commute F Cost of living F Crime C Employment A Housing A+ Health & safety F User ratings A-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Bear Valley Springs, CA
County
Kern County · 710,371 people
City population
31,175
Metro
Bakersfield, CA
Population (ZIP)
31,175
Household income
$87,357
Rent vs Own
20.2% rent · 79.8% own
Severe rent burden
568.0

Population outlook (Kern County) Hauer SSP2

Today (2025)
947,286 people
By 2030
978,984 · +3.3%
By 2040
1,045,018 · +10.3%
By 2050
1,105,232 · +16.7%
By 2075
1,229,538 · +29.8%
By 2100
1,238,059 · +30.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (68%)
Race & ethnicity
White 68% Hispanic / Latino 24% Two or more races 9% Asian 2% Native American 1%
Hispanic origin (detail)
Mexican 21%
Common ancestry
Italian 6% Lithuanian 3% Slovak 3%
Foreign-born
10% · Canada, China
Languages at home
83% English-only · Spanish 13% Chinese 1% Other Indo-European 1%

Political lean MEDSL · Kern

2024 margin
Strong R (+21.1) · D 38.2% · R 59.3% · Other 2.5%
2008→2024 swing
-3.3pp toward R · 2008: -17.8pp · 2024: -21.1pp
All cycles
2024: R+21.1 2020: R+10.2 2016: R+15.0 2012: R+20.9 2008: R+17.8

Not yet ingested

Civics

Market trends

HPI YoY
▼ -116.70%
Current HPI
371.6546
Rent YoY
▬ 0.05%
Metro
Bakersfield, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+288.6% since first listed
9 events — show timeline
  • 2026-02-01 Relisted TAAR
  • 2026-02-01 Price Changed $279,777 TAAR
  • 2025-12-23 Pending TAAR
  • 2025-12-19 Listed $267,777 TAAR
  • 2024-05-13 Sold (Public Records) $226,000 Public Records
  • 2024-05-13 Sold (MLS) $225,777 TAAR
  • 2024-04-28 Pending TAAR
  • 2024-04-19 Listed $249,000 TAAR
  • 1980-08-31 Sold (Public Records) $72,000 Public Records

Property tax history

+3.3%/yr

Latest (2025): $3,321 · +28.5% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…