Back 655 Panama Lane
Off Market

655 Panama Lane

Bakersfield CA 93307

2
1
0.16 ac.
Single-Family
Last sold for $325,000
Phyllis LopezPhyllis Lopez, last sold this property on 17 June 2026 after 29 days on market.

Overview

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.

Features

2 bedrooms
1 bathroom
0.16 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Bakersfield over the last 12 months, the estimated median property value of 655 Panama Lane is $217.8k.

Median value
$217.8k
Estimated value range
$63k - $532k
Median days on market
44
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Bakersfield. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 655 Panama Lane

2026
Sold
$325,000
17 Jun 2026 by Phyllis Lopez, of Watson Realty, ERA

Happy sellers in Bakersfield

93%
93% of sellers in Bakersfield reported that their sale price either exceeded or met their price expectations.

Bakersfield stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Bakersfield over the last 12 months.

Local market activity for 2 bedroom single-family properties in Bakersfield

In the last 12 months, 48 two-bedroom single-family properties similar to 655 Panama Lane, have been sold.

This represents a 26% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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