
Bakersfield, CA 93314
This Updated Custom Estate with Multi-Generational Potential is a Strong Value Opportunity, listed at $799,950—positioned well below the $864,036 Fair Market Value by 7%. This valuation gap provides $64,086 in Instant Equity. Boasting a Turn-Key Condition Rating, the property features a renovated quartz kitchen, custom pool with waterfalls, and a private back house. Situated on an oversized lot near top-rated Rosedale Middle School, it balances luxury with significant financial upside. This is a premier choice for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2537 Ollie Court Subject | $799,950* List Price | 3 | 3 | 3,307 | $261 | - |
A 16706 Starview Court Sold | $850,000 | 4 | 3 | 3,018 | $282 | 0.7 mi |
B 16716 Brookview Court Sold | $899,500 | 4 | 3 | 3,085 | $292 | 0.7 mi |
C 15617 Screaming Eagle Avenue Sold | $585,000 | 4 | 3 | 2,684 | $218 | 0.5 mi |
D 15417 Lila Rose Court Active | $850,000 List Price | 5 | 5 | 3,577 | $238 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively renovated within the last 5 years, featuring new luxury vinyl wood-look flooring, new carpets, fresh interior paint, and updated light fixtures throughout. The kitchen has been modernized with new quartz countertops and upgraded appliances. The home is described as turn-key with a recently refreshed back house and a well-maintained custom pool, meeting current quality standards with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16553, living area = 3307.
The property includes a fully equipped back house with a kitchenette and bathroom, providing excellent flexibility for guests, extended family, or a private home office.
The oversized cul-de-sac lot features a custom pool with cascading waterfalls, RV parking, and a full perimeter block wall, offering a private, resort-style backyard retreat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3307, other record living area = 2300.
With over 3,300 square feet of living space, the main residence only offers three dedicated bedrooms, which may be a limitation for larger families seeking more sleeping quarters.
The recent price reduction from $819,000 to $799,950 suggests the property is still adjusting to find its competitive value within the Shilo Estates market.
Welcome to this updated, custom-built home with back house located in the desirable Shilo Estates neighborhood of Northwest Bakersfield situated on an oversized cul-de-sac lot. The main residence, which has 3 bedrooms plus an office, has been recently refreshed with new luxury vinyl wood-look flooring, baseboards, carpet in the bedrooms, light fixtures, and complete interior pain. The updated kitchen features stunning quartz countertops and upgraded appliances, creating a bright and functional space perfect for everyday living and entertaining. Step outside to your private backyard retreat, complete with a fully fenced custom pool featuring cascading waterfalls, a large grassy area, designated gardening space, RV parking, and a full perimeter cylinder block wall for added privacy. The additional back unit adds flexibility and showcases wood-look flooring, fresh paint, new light fixtures, a kitchenette with bar counter, and an bath. This home is turn-key and ready for you to call home!
No exterior & parking available.
Grades K-6 • 1.3 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 33% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,307 | 2,462 | 85% |
| Lot Size | 16,553 | 11,325 | 67% |
| Price | $800.0K | $583.0K | 78% |
| Price per sq ft | $242 | $250 | 44% |
| Built year | 2002 | 2010 | 37% |
| HOA | $0 | $0 | 50% |
| Days on market | 96 | 177 | 22% |
Mar 11, 2026
$799,950
$819,000
-2% Price Drop
Initial Listing
Jan 16, 2026
$819,000
Initial Listing
Dec 30, 2002
$203,000
Public Record
Jan 25, 2002
$36,000
Public Record