
Bakersfield, CA 93311
This Spacious Seven Oaks Residence is a Strong Value Opportunity, listed at $725,000—positioned well below the $757,316 Fair Market Value by 4%. This valuation gap offers $32,316 in Instant Equity for buyers. Maintaining a Condition Rating of 3, the property features brand new LVP flooring, a gourmet kitchen with granite, and a sparkling pool. Located steps from Top-Rated Ronald Reagan Elementary, this home balances lifestyle luxury with financial stability. It is an ideal fit for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10906 Rosslyn Lane Subject | $725,000* List Price | 4 | 3 | 3,496 | $217 | - |
A 11224 Bright Water Way Sold | $585,000 | 4 | 3 | 3,086 | $190 | 0.3 mi |
B 1103 Carpenter Court Sold | $675,000 | 4 | 3 | 2,922 | $231 | 0.1 mi |
C 1500 Wedgewood Sold | $645,000 | 4 | 3 | 2,778 | $232 | 0.3 mi |
D 10303 Ascot Crossing Street Sold | $700,000 | 5 | 3 | 2,898 | $242 | 0.5 mi |
E 1001 Sungro Way Active | $815,000 List Price | 4 | 3 | 3,466 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent functional upgrades, including brand new LVP flooring throughout and newer major systems such as the HVAC, water heater, and pool pump. While the kitchen cabinetry and granite styles reflect the home's 1996 origins, the interior is well-maintained with updated stainless steel appliances, fresh neutral paint, and modern flooring that elevates the overall quality.
Situated in the prestigious Seven Oaks community, this home is exceptionally close to the highly-rated Ronald Reagan Elementary, offering significant value for families prioritizing education and neighborhood prestige.
The property features several high-ticket updates including a newer HVAC system, water heater, and pool pump, complemented by brand new LVP flooring throughout, reducing immediate move-in costs.
With nearly 3,500 square feet, a downstairs office with an adjacent full bathroom, and a junior suite, the floor plan is perfectly designed for multi-generational living or a large family's needs.
Despite recent flooring and mechanical upgrades, the 1996 construction and specific features like the jetted tub and granite styles may feel dated to buyers seeking a fully modernized contemporary aesthetic.
A recent price reduction from the original list price suggests the property may have faced initial challenges with market absorption or competition within the Seven Oaks submarket.
Spacious home in Seven Oaks near the coveted Ronald Reagan Elementary School! This 4 bed, 4 bath home also features an office downstairs with a nearby full bathroom if an additional bedroom is needed. Brand new LVP flooring and additional upgrades including newer HVAC system, water heater and pool pump. The formal living & dining area has soaring ceilings, a grand fireplace & huge windows to let in natural light. There is also a fireplace in the family room with views of the pool. The gourmet kitchen features granite counters, stainless-steel appliances & an island w/ breakfast bar. You will love the huge master suite w/ yet another fireplace, a jetted tub & custom cabinets in the walk-in closet! One of the other bedrooms is a junior suite with its own bathroom. The backyard features a sparkling pool, a lush grass area, a covered patio & mature landscaping w/ several fruit trees. This home is perfect for those who value space and a very functional floor plan plus a 3 car garage!
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,496 | 2,293.5 | 89% |
| Lot Size | 9,583 | 8,930 | 52% |
| Price | $725.0K | $532.5K | 80% |
| Price per sq ft | $207 | $235 | 22% |
| Built year | 1996 | 2002 | 30% |
| HOA | $135 | $40 | 67% |
| Days on market | 78 | 204 | 2% |
Mar 11, 2026
$725,000
$735,000
-1% Price Drop
Initial Listing
Feb 3, 2026
$735,000
Initial Listing
Jan 31, 2020
$156,500
Public Record
Jan 17, 2019
$435,000
Public Record
Jul 2, 1998
$295,000
Public Record
Aug 13, 1996
$285,000
Public Record