655 S Panama Lane Bakersfield, CA ^$ 325,000

655 S Panama Lane

^$ 325,000

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Recently Listed

655 S Panama Lane

Bakersfield, CA, 93307

^$ 325,000

Bedrooms2 Baths1.0 Sq 748

Monthly Estimate*

^$ 2,001

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Single Family Home for sale in Bakersfield, CA

for $325,000 with 2 bedrooms and 1 full bath. This 748 square foot home was built in 1948 on a lot size of 0.16.

A Great Investment Opportunity!Unique C-2 commercial property package featuring a remodeled 2 bedroom 3/4 bath home plus adjacent vacant commercial lot being sold together totaling approximately 15, 245 sq. ft. These two parcels create an excellent opportunity for owner-user, investor or possible business potential.The home offers approximately 748 sq. ft. with granite counters, updated paint, composition roof, A/C and excellent usability's.Opportunities like this are hard to find--bring your vision and take advantage of this rare two-parcel investment.

Single Family Active

Price

^$ 325,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Single Family Residence

Lot Size

0.16

Year Built

1948

Town/City

Bakersfield

County/Region

Kern

MLS | Web ID

202605371

Features

General

Living Area 748.00

Pool Features None

Year Built 1948

Neighborhood Baldwin Farms

HOA Fee 0.00

Stories Count 1

Property Subtype Single Family Residence

Parcel Number 51603246

County Kern

Property Type Residential

Full Baths 0

Close Price 0.00

Status Active

Directions From Highway 99 take the Panama Lane exit and head east. Continue on Panama Lane past Union Ave. Property is located corner of Lowry St. and Panama Lane.

High School Golden Valley

City Bakersfield

Disclosures None of the Above

RV Parking No

Zoning Description C-2

MLS Area 51

Lot Size Units SqFt

Lot Size Square Feet 6969.00

Elementary School Valley Verde

Middle/Junior High School Ollivier L. H.

Exterior

Lot Depth 0

Parking Features Uncovered

Lot Size Acres 0.1600

Lot Size Source (Public Record)

Interior

Total Fireplaces 0

Half Baths 0

3/4 Baths 1

Total Bedrooms 2

Internal Only

Street Number 1 655

* Excluded Features

List By

Phyllis Lopez

Listing Agent

Watson Realty

Broker

phyllislopez@bak.rr.com

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$2,001

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Bakersfield, CA

Average List Price ^$482,610

Percent of Sale Price 48%

About Bakersfield, CA

383,374 Population

50% Since 2002

^$58,566 Median Income

32.94 Median Age

40% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5241383 Elementary School

5268747 Middle School

Golden Valley High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/19/2026	$325,000		Listed Price

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655 S Panama Lane, Bakersfield, CA, 93307 is a Single Family Home for sale at $325,000 with 748 sqft and a lot size of 0.16. 655 S Panama Lane has 2 bedrooms, 1.0 baths, and was built in 1948. The property's zip code is 93307 which is in Bakersfield, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Golden Empire MLS IDX Database. Real estate listings held by brokerage firms other than Weichert Realtors include the name of the listing broker.

The information being provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information from Golden Empire MLS, Inc., as of 5/19/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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655 S Panama Lane

Single Family Home for sale in Bakersfield, CA

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