201 Oleander, Bakersfield, CA 93304, Bakersfield, 93304 - 4 bed, 2 bath
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Bakersfield, CA 93304
This Spacious Updated Residence is a Prime Investment Opportunity, listed at $354,900—positioned well below the $371,430 Fair Market Value by 4%. This valuation gap offers $16,530 in Instant Equity for the incoming buyer. The home maintains a Good Condition Rating, featuring an upgraded kitchen with stone countertops, newer windows, and a sparkling pool paired with a brand-new gazebo. Located near Roosevelt Elementary and Bakersfield High, this 2,015-square-foot home perfectly balances lifestyle amenities with financial upside. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Oleander Subject | $354,900* List Price | 4 | 2 | 2,015 | $184 | - |
A 409 Brynhurst Sold | $372,500 | 3 | 2 | 1,867 | $200 | 0.5 mi |
B 906 2nd Street Active | $315,000 List Price | 4 | 2 | 1,388 | $227 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant modern updates that exceed its 1959 build date. The kitchen has been upgraded with white shaker cabinets, stone countertops, and stainless steel appliances. The bathrooms feature contemporary vanities and tile work, and the home includes newer windows, recessed lighting, and consistent laminate flooring throughout. The exterior is well-maintained with a functional pool and a brand-new gazebo, though the age of the home's primary structural systems keeps it in the 'good' rather than 'excellent' category.
The property is a true entertainer’s dream, featuring a sparkling pool, a brand-new gazebo, and a large lot that provides ample space for outdoor gatherings.
Key functional and aesthetic improvements, including an upgraded kitchen and newer windows, enhance the home's energy efficiency and interior appeal.
At over 2,000 square feet with four bedrooms, this home offers a generous amount of living space that is highly competitive for its price bracket in Bakersfield.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7475, other record lot size in square feet = 7405.
The property has seen four consecutive price reductions since its initial listing, which may signal to potential buyers that it has struggled to attract offers at previous valuations.
Built in 1959, the home may possess original mid-century systems or structural elements that could require more intensive maintenance than more modern builds.
Entertainer’s dream! Stunning four-bedroom home with a sparkling pool on a huge lot. Features include a brand-new gazebo, newer windows, an upgraded kitchen, and two full baths. Priced to sell—don’t miss this opportunity!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,015 | 1,384 | 93% |
| Lot Size | 7,475 | 6,963 | 73% |
| Price | $354.9K | $340.0K | 60% |
| Price per sq ft | $176 | $242 | 13% |
| Built year | 1959 | 1961 | 47% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 222 | 13% |
Feb 21, 2026
$354,900
$379,900
-7% Price Drop
Initial Listing
Feb 11, 2026
$379,900
$389,900
-3% Price Drop
Initial Listing
Jan 22, 2026
$389,900
$399,900
-3% Price Drop
Initial Listing
Jan 12, 2026
$399,900
Initial Listing
Sep 30, 2015
$220,000
Public Record
Jun 4, 2015
$153,000
Public Record
Aug 12, 2011
$114,000
Public Record
May 17, 2007
$249,000
Public Record
May 26, 2005
$339,000
Public Record
Sep 5, 2003
$132,000
Public Record