5406 Pelican Hill Drive
Bakersfield, CA, 93312
$525,000
MLS: PI26130660
Beds
4
Baths
3
Sq Ft
2,731
Lot
0.21 ac
Year Built
2004
MLS #
PI26130660
Days on Market
35
Listed
Jun 15, 2026
Description
Welcome to 5406 Pelican Hill, ideally situated on a cul-de-sac within the gated community of The Legends at River Lakes. This spacious 4-bedroom plus an office residence offers approximately 2931 sq ft (as per seller's last appraisal) of thoughtfully designed living space backing directly to The Links Golf Course. Designed for both everyday comfort and elegant entertaining, the home features a formal living room and a formal dining room, along with a warm and inviting family room complete with a fireplace that opens seamlessly to the kitchen. Freshly painted interior creates a light, bright, move-in ready atmosphere. Enjoy 2.5 bathrooms, an indoor utility room and generous living areas that provide flexibility for work-from-home needs and growing households alike. The backyard setting offers golf course views and added privacy with no rear neighbors. Located in a gated neighborhood with an incredibly low HOA of just $85 per month, this home offers exceptional value at $525,000
Location
Bakersfield, Kern County, CA 93312
Open on Google Maps ↗Listed by: Theresa Olson · Keller Williams Realty Bakersfield
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$4,175
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $52,500 · Loan: $472,500
Average 30-yr fixed rate 6.69% as of Aug 6, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,046
- Property tax (1.25%)
- $547
- Homeowners insurance
- $300
- Mortgage insurance
- $197
- HOA dues
- $85
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Aug 6, 2026
- 30-year fixed
- 6.69%
- 15-year fixed
- 6.01%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Bakersfield home with as little as 3.5% down using an FHA loan — roughly $18,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 93312 (Bakersfield)within ±10% of this home's price and size.
Local Market Stats
See Bakersfield, CA 93312 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.