5102 Omaha, Bakersfield, CA 93312, Bakersfield, 93312 - 3 bed, 2 bath
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5102 Omaha
Bakersfield, CA 93312
ACTIVE
CONDITION: FAIR
3Beds
2Baths
2,174Sq Ft
10,454Lot Size
Property Price
LIST PRICE$479,950
EST. MARKET VALUE
$469,095
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $495,000—positioned slightly above the $488,034 Fair Market Value. While the price reflects current market stability, the property offers significant upside through its 10,454 sqft oversized lot, sparkling pool, and remodeled granite kitchen. With a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to drive future appreciation. This property is an ideal acquisition for Owner-Occupants seeking a lifestyle-focused home or Value-Add Investors looking to capitalize on the expansive lot and prime Northwest Bakersfield location.
Estimated Market Value
$469,095
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 |
|---|---|---|---|---|---|---|
★ 5102 Omaha Subject | $479,950* List Price | 3 | 2 | 2,174 | $216 | - |
A 9902 Balvanera Sold | $450,000 | 3 | 2 | 1,771 | $254 | 0.2 mi |
B 5406 Pelican Hill Drive Sold | $490,000 | 4 | 3 | 2,731 | $179 | 0.2 mi |
C 4927 Sanderling Sold | $480,000 | 4 | 3 | 2,067 | $232 | 0.7 mi |
D 9313 Via Parma Sold | $475,000 | 4 | 3 | 2,377 | $200 | 0.4 mi |
E 9909 Mona Lisa Ln Sold | $382,000 | 3 | 2 | 1,757 | $217 | 0.7 mi |
F 4507 Sealion Lane Active | $500,000 List Price | 3 | 2 | 2,103 | $238 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1998 (26 years old). While the description notes a remodeled kitchen with granite, the visible bathroom features original oak cabinetry and tile from the late 90s. The interior shows dated elements such as floral stenciling and older carpeting, fitting the criteria for a property over 20 years old needing minor cosmetic updates.
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 = 10454, living area = 2174.
- Premium Outdoor Amenities
The property sits on an oversized 10,454 sqft lot featuring a sparkling pool, covered patio, and dedicated RV parking, offering exceptional value for outdoor entertainment and storage.
- Modernized Kitchen
The interior features a beautifully remodeled kitchen with granite countertops and upgraded appliances, providing a contemporary aesthetic and high-end functionality.
CONSRISKS & DEFICIENCIES
- West-Facing Exposure
The west-facing orientation may result in intense afternoon sun exposure, potentially leading to higher cooling costs during Bakersfield's hot summer months.
- Potential System Aging
While the kitchen is remodeled, the 1998 construction date suggests that major systems such as the roof or HVAC may be approaching the end of their typical lifespan.
About 5102 Omaha
In the heart of Northwest, this beautiful home sits perfectly in a desirable neighborhood, featuring 3 bedrooms, 2 baths and indoor laundry room. The incredibly remodeled kitchen with granite counter tops and upgraded appliances add to the beauty of the home. Large family gatherings will be a must in the two separate living spaces, and the fireplace will add comfort in the winter months. The primary bedroom comes with extra space for a sitting area or maybe a spot for workout equipment. The walk-in closet and sunken tub are a bonus. The home is situated on an oversized lot with RV parking, a sparkling pool, and covered patio. Summers will be a dream when entertaining in the backyard of a west-facing home. Schedule a home tour soon!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1998
- Lot Size
- 10,454 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,174 | 1,645.732 |
| Lot Size | 10,454 | 7,650.063 |
| Price | $479.9K | $399.2K |
| Price per sq ft | $221 | $242 |
| Built year | 1998 | 1984 |
| HOA | $0 | $175 |
| Days on market | 43 | 64 |
Pricing History
Listed for Sale
Sep 5, 2026
$479,950
$485,000
-1% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$485,000
$495,000
-2% Price Drop
Initial Listing
Price Change
Jul 28, 2026
$495,000
Initial Listing
Sold
Apr 23, 1998
$162,000
Public Record