Share This Listing

Message

934 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • The project is designed as a four-phase development, allowing a homebuilder to manage absorption, capital deployment, and vertical timing efficiently.
  • Soils Report Available! Per Engineer, Pretension Pads are NOT needed!
  • Primary product: 7,200–7,600 SF lots with premium oversized lots.

Executive Summary

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
The site is positioned within an active residential growth corridor, surrounded by existing
and under-construction communities developed by LGI Homes, K. Hovnanian, Jeremy Wiler
Construction, and other regional builders.
Engineering
Estimates: Project can be phased. - Clearly present phased development:
Phase 1: 60 lots (18.98 acres)
Phase 2: 70 lots (16.13 acres)
Phase 3: 63 lots (15.07 acres)
Phase 4: 70 lots (18.46 acres)
Flexible phased delivery will allow builders to control absorption and capital deployment.”
“Primary product: 7,200–7,600 SF lots with premium oversized lots.”
• Phase 1: 6,800–16,400 SF
• Phase 2: 6,600–13,000 SF
• Phase 3: 6,200–13,000+ SF
• Phase 4: 6,400–16,000+ SF
Builder-friendly takeaway:
“Highly efficient; product with premium upsell lots.”

Property Facts

Price $13,676,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 68.63 AC
Cross Streets Hwy 178
Zoning R1 - R1 and some R2, according to the City. Prime development location.

1 Lot Available

Lot

Price $13,676,000
Price Per AC $199,271.46
Lot Size 68.63 AC

Tentative Tract Map 7515 for 263 residential lots on 68.63 acres. The remaining 12.19 acres (R-3 retained by seller).

Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
531-011-02-03-4
Land Assessment
$601,675
Improvements Assessment
$0
Total Assessment
$601,675
  • Listing ID: 40412803

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 5801 Morning Dr, Bakersfield, CA 93306

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}