8817 Sierra Oak, Bakersfield, CA 93311, Bakersfield, 93311 - 3 bed, 2 bath
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Bakersfield, CA 93311
This property presents a High-Potential Investment Opportunity with a List Price of $420,000—positioned well above the $340,608 Fair Market Value by -23%. While the home requires modernization, its Fair Condition Rating and expansive 12,737 sqft lot offer significant value-add potential. Located in the premier Panama-Buena Vista Union School District, this asset provides long-term stability for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations in a highly sought-after neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8817 Sierra Oak Subject | $420,000* List Price | 3 | 2 | 1,820 | $219 | - |
A 9613 Red Oak Court Sold | $505,000 | 3 | 3 | 2,231 | $226 | 0.8 mi |
B 10213 Single Oak Drive Pending | $379,000 List Price | 3 | 3 | 1,844 | $206 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1990, the property is 36 years old with original finishes. The oak cabinetry and tile countertops shown in the images are significantly dated. Per the criteria, homes over 30 years old without major renovations are classified as poor condition requiring rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12737, living area = 1820.
The property is zoned for the highly-regarded Panama-Buena Vista Union School District, including Stockdale High School, which is a major driver for property value and consistent family demand.
Featuring a generous 12,737 sqft lot, this property offers significantly more outdoor space than typical suburban lots, providing ample room for a pool, ADU, or extensive landscaping.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12737, other record lot size in square feet = 12632.
Built in 1990, the home may require cosmetic modernizations or updates to major systems to meet the aesthetic and efficiency standards of contemporary buyers.
At 1,820 square feet, the three-bedroom configuration may be perceived as less efficient for larger families who typically expect a fourth bedroom or a dedicated office at this size.
eautiful and well-maintained 3-bedroom, 2-bath home this property features an open, inviting layout with bright living spaces and a comfortable primary suite. The large backyard offers endless potential for entertaining, gardening, Located in the desirable Panama-Buena Vista Union School District, zoned for Leo B. Hart Elementary, Tevis Junior High, and Stockdale High School. Convenient to shopping, dining, and commuter routes. A fantastic opportunity in a highly sought-after neighborhood. Step inside to an inviting floor plan featuring bright living areas, a well-designed kitchen, and generously sized bedrooms that offer flexibility for family, guests, or a home office. The primary suite provides a peaceful retreat with its own private bath. Outside, the expansive backyard offers endless possibilities — from outdoor dining and play areas to gardening or future upgrades. The large lot provides privacy, space, and room to grow. Located within the highly regarded Panama-Buena Vista Union School District (K–8), this home is zoned for Leo B. Hart Elementary School, Tevis Junior High School, and Stockdale High School — some of the most sought-after schools in the area. Families appreciate this neighborhood for its strong academic reputation, quiet streets, and convenient access to shopping, dining, and commuter routes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,820 | - |
| Lot Size | 12,737 | - |
| Price | $420.0K | $399.2K |
| Price per sq ft | $231 | $245 |
| Built year | 1990 | 0 |
| HOA | $0 | $0 |
| Days on market | 43 | 57 |
Jun 10, 2026
$420,000
Initial Listing
Mar 5, 1997
$116,500
Public Record