10703 Petalo Drive, Bakersfield, CA 93311, Bakersfield, 93311 - 3 bed, 3 bath
10703 Petalo Drive
Bakersfield, CA 93311
Property Price
SUMMARY
Analysis of 10703 Petalo Drive, Bakersfield, CA 93311 reveals a Prime Investment Opportunity with a current list price of $414,900—significantly undercutting the $428,871 Fair Market Value by 3%. This valuation gap indicates a +$13,971 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Bakersfield Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10703 Petalo Drive Subject | $414,900* List Price | 3 | 3 | 1,824 | $235 | - |
A 11205 Illusion Way Sold | $435,000 | 4 | 3 | 2,165 | $201 | 0.5 mi |
B 10609 Camino El Canon Sold | $360,000 | 4 | 2 | 1,594 | $226 | 0.2 mi |
C 10908 Delusion Sold | $475,000 | 3 | 2 | 2,025 | $235 | 0.3 mi |
D 11017 Tipperary Drive Sold | $380,000 | 4 | 2 | 1,784 | $213 | 0.3 mi |
E 3912 Cornerstone Way Sold | $407,000 | 4 | 2 | 1,543 | $264 | 0.4 mi |
F 3801 Gaelic Court Active | $429,000 List Price | 4 | 3 | 1,921 | $223 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition and appears exceptionally well-maintained for its 1995 build year. While the kitchen and bathrooms feature original 1990s styling—including oak cabinetry, white tile countertops, and older white appliances—the home shows minimal wear and tear. The interior boasts fresh neutral paint, clean carpets, and functional living spaces with no visible deferred maintenance, fitting the criteria for a well-maintained home within its age bracket.
PROSSTRENGTHS & OPPORTUNITIES
- Top-Rated School District
The property is zoned for highly-regarded schools, including Stockdale High School (8/10 rating), all located within a mile, making it a premier choice for families.
- Move-In Ready Condition
The home is beautifully maintained and move-in ready, featuring a functional floor plan with abundant natural light and spacious living areas.
- No HOA Fees
With an association fee of $0, homeowners enjoy the benefits of a desirable neighborhood without the added monthly expense or restrictive oversight of a homeowners association.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1824, other record living area = 1661. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
- 1990s Era Construction
Built in 1995, the property may lack the modern energy-efficient features and contemporary open-concept design found in newer residential developments.
- Modest Lot Size
The 5,663 square foot lot is relatively compact for the area, which may limit options for significant outdoor expansions or large-scale landscaping projects.
About 10703 Petalo Drive
Welcome to 10703 Petalo Drive, a beautifully maintained home located in a desirable Bakersfield neighborhood. This inviting residence offers a functional floor plan filled with natural light, creating a warm and comfortable living environment. The spacious living areas flow seamlessly, perfect for everyday living and entertaining alike. Enjoy a well-appointed kitchen with ample cabinetry and counter space, ideal for home cooking and gatherings. The bedrooms are generously sized, offering comfort and privacy, while the primary suite provides a relaxing retreat after a long day. Step outside to a private backyard with plenty of room to relax, garden, or entertain. Conveniently located near schools, shopping, and dining, this home offers both comfort and convenience. A wonderful opportunity to own a move-in ready property in a sought-after area!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1995
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Bakersfield Unified Schools
Old River Elementary School
Grades K-6 • 0.7 mi
Earl Warren Junior High School
Grades 7-8 • 0.7 mi
Stockdale High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,824 | 2,159 | 24% |
| Lot Size | 5,663 | 8,276 | 15% |
| Price | $414.9K | $515.0K | 19% |
| Price per sq ft | $227 | $235 | 39% |
| Built year | 1995 | 2003 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 180 | 2% |
Pricing History
Listed for Sale
Feb 4, 2026
$414,900
Initial Listing
Sold
May 10, 2021
$296,000
Public Record
Sold
Aug 5, 2016
$236,500
Public Record
Sold
May 25, 2010
$158,000
Public Record