11701 Palm, Bakersfield, CA 93312, Bakersfield, 93312 - 4 bed, 2 bath
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11701 Palm
Bakersfield, CA 93312
ACTIVE
CONDITION: GOOD
4Beds
2Baths
3,100Sq Ft
24,655Lot Size
Property Price
LIST PRICE$774,900
EST. MARKET VALUE
$783,097
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $774,900—positioned well below the $783,098 Fair Market Value by 1%. This valuation gap offers $8,198 in Instant Equity. Featuring a Condition Rating of 3, the home offers a resort-style backyard with a pool, spa, and basketball court on a massive 24,655 sqft lot. With owned solar and RS zoning for animals, this property is an ideal fit for Owner-Occupants seeking a lifestyle upgrade or multi-generational families needing versatile space.
Estimated Market Value
$783,097
Based on Realkey algorithm analyzing recent comparable sales in Bakersfield.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11701 Palm Subject | $774,900* List Price | 4 | 2 | 3,100 | $253 | - |
A 1907 Morning Rose Sold | $765,000 | 4 | 3 | 3,242 | $236 | 0.5 mi |
B 1311 Dunaire Sold | $755,000 | 4 | 3 | 2,723 | $277 | 0.6 mi |
C 12204 Connery Way Sold | $720,000 | 4 | 3 | 2,799 | $257 | 0.4 mi |
D 12403 Portebello Drive Sold | $825,000 | 4 | 3 | 3,237 | $255 | 0.7 mi |
E 2112 Branch Creek Sold | $750,000 | 4 | 3 | 3,486 | $215 | 0.6 mi |
F 12614 Clay Creek Court Active | $998,900 List Price | 3 | 3 | 3,126 | $320 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1988 (36 years old), the property is well-maintained and move-in ready with significant updates. It features new LVP flooring, fresh paint, recessed lighting, granite countertops, and owned solar. While the kitchen and bathroom cabinetry are original and dated, the overall condition and functional upgrades elevate it above the 'Fair' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24655, living area = 3100.
- Resort-Style Outdoor Living
The expansive 24,655 sqft corner lot features a private resort-style backyard complete with a pool, grotto, waterfall, spa, and basketball court, offering unparalleled outdoor entertainment value.
- Energy Efficiency & Upgrades
The home includes owned solar panels for significant utility savings, along with high-end finishes like epoxy garage floors and RS zoning that allows for animals on the property.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =24655, other record lot size in square feet = 24829. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Aesthetic Modernization Needs
Built in 1988, certain interior features such as the brick fireplace and traditional bar area may feel dated to buyers seeking a contemporary or open-concept aesthetic.
- Market Pricing Volatility
The property was purchased recently in February 2024 for $688,000; the current significantly higher asking price, combined with a recent price reduction, may cause buyer caution regarding appraised value.
About 11701 Palm
Have you ever dreamed of owning your own private park? This unforgettable 4-bedroom, 3-bath home sits on a sprawling corner lot with a backyard that feels like a private resort. Enjoy lush landscaping, dramatic lighting, a basketball court, a pool with a grotto and waterfall, a relaxing spa, and outdoor patio furniture all included. Inside, formal living and dining rooms welcome you in, while the spacious family room features a brick fireplace and full bar with a beverage refrigerator. The kitchen offers granite countertops, a center island, and a second beverage refrigerator. One bedroom is privately located away from the others with exterior access and a nearby bathroom, making it ideal for guests or extended family. The primary suite includes a large en suite bath and walk-in closet with built-in cabinetry. Owned solar, recessed lighting, an oversized 3-car garage with epoxy floors, and RS zoning for animals complete this truly special property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 24,655 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 3,100 | 1,645.732 |
| Lot Size | 24,655 | 7,650.063 |
| Price | $774.9K | $399.2K |
| Price per sq ft | $250 | $242 |
| Built year | 1988 | 1984 |
| HOA | $0 | $175 |
| Days on market | 43 | 64 |
Pricing History
Listed for Sale
Aug 25, 2026
$774,900
$785,000
-1% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$785,000
Initial Listing
Sold
Feb 23, 2024
$688,000
Public Record
Sold
Jun 20, 1995
$243,000
Public Record