5817 Olive Drive, Bakersfield, CA 93308, Bakersfield, 93308 - 4 bed, 2 bath
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Bakersfield, CA 93308
This Turnkey Single-Family Residence is listed at $498,000, reflecting its Excellent Condition Rating following a comprehensive remodel completed seven months ago. While the $425,268 Fair Market Value provides a baseline for the neighborhood, this property commands a premium for its high-value infrastructure upgrades, including a New Copper Water Line and new fencing. The expansive 14,528 sqft lot features RV Parking and alley access, offering rare utility. Zoned for the high-performing Centennial High School, this home is a premier choice for growing families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5817 Olive Drive Subject | $498,000* List Price | 4 | 2 | 1,585 | $268 | - |
A 6107 Mohawk Street Sold | $385,000 | 3 | 2 | 1,580 | $244 | 0.2 mi |
B 6008 Carter Avenue Sold | $480,000 | 3 | 2 | 2,181 | $220 | 0.3 mi |
C 6000 Eugene Place Active | $389,000 | 3 | 3 | 1,759 | $259 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1962, the property underwent a complete remodel approximately seven months ago, placing it well within the <5-year renovation window for an Excellent rating. Improvements include new flooring, fresh paint, and updated fixtures throughout, along with critical system upgrades like a new main copper water line and new fencing.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14528, living area = 1585.
The home underwent a complete remodel approximately seven months ago, featuring a new main copper water line and new fencing, providing a modern, move-in-ready interior with updated infrastructure.
Situated on a massive 14,528 sqft lot, the property offers a huge backyard with alley access and ample space for RV parking, a highly sought-after feature for utility and outdoor storage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =14528, other record lot size in square feet = 14374. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The local elementary and junior high schools both have a rating of 4, which may be a concern for families seeking higher-rated primary education facilities.
Built in 1962, the home may still have original structural elements or a traditional layout that, despite the cosmetic remodel, might not fully meet the expectations of buyers seeking modern construction standards.
Come and see this beautiful and well kept home. 4 bedrooms - 2 bath with a 2 car garage and huge back yard with plenty of space for RV parking with alley access. Completely remodeled about seven months ago, New Fence all around, and new main coper water line.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.6 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,585 | 1,528 | 57% |
| Lot Size | 14,528 | 8,712 | 74% |
| Price | $498.0K | $314.0K | 78% |
| Price per sq ft | $314 | $224 | 83% |
| Built year | 1962 | 1960 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 189 | 4% |
Apr 24, 2026
$498,000
Initial Listing
Feb 10, 2020
$255,000
Public Record
Jul 22, 2016
$209,000
Public Record
Jan 15, 2016
$150,000
Public Record