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South Panama Lane Homes for Sale

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  • /31

    $429,900

    • 4 Beds
    • 2 Baths
    • 1,873 Sq Ft

    910 Hartlepool Ave, Bakersfield, CA 93307

    Why wait for new construction and a dirt backyard when this 2024 built farmhouse style John Balfanz Homes residence is already complete and beautifully upgraded! Located in the sold out Sierra Vista community, this split wing Residence 2 floorplan offers 4 bedrooms, 2 bathrooms, and 1,873 square feet of thoughtfully designed living space. Meticulously maintained, the home features granite

    Alishaan Abbas Keller Williams Realty

    910 Hartlepool Ave, Bakersfield, CA 93307
  • /3

    $750,000

    • Land
    • 7.43 Acres
    • $100,942 per Acre

    0 Panama Ln, Bakersfield, CA 93307

    Fantastic 7.43 acres...take this and run with it..Build or hold on to it..Landbank it..Build Apt Units or Houses..

    Pete Martinez Select, Realtors®

    0 Panama Ln, Bakersfield, CA 93307
  • /2

    $315,000

    • 3 Beds
    • 2 Baths
    • 1,157 Sq Ft

    1916 Magdelena Ave, Bakersfield, CA 93307

    Investor special on a quiet street offering excellent potential with a little TLC or purchase as an income-producing property with tenants in place. Recent updates within the last 5 years include a newer roof and exterior paint, newer AC system, wood-tile flooring throughout the kitchen, dining area, and hallway, updated tile showers in both bathrooms, and a newer garage door. The home features a

    Mallory Belter Coldwell Banker Preferred,RLT

    1916 Magdelena Ave, Bakersfield, CA 93307
  • /11

    $335,000

    • 3 Beds
    • 2 Baths
    • 1,000 Sq Ft

    311 Chiapas Ave, Bakersfield, CA 93307

    Move-in ready home in Bakersfield, California awaits you to enjoy and begin making your memories and greeting you with open arms. Featuring 3 bedrooms and 2 bathrooms will have you relaxed and know that the solar panels that come with have been paid off. It is a well-established neighborhoodthat is a must-see property. Located near freeways, local schools, parks and everyday amenities.

    Luis Granados Quality Real Estate Corp.

    311 Chiapas Ave, Bakersfield, CA 93307
  • /16

    $375,000

    • 4 Beds
    • 2 Baths
    • 1,355 Sq Ft

    123 Obregon Ave, Bakersfield, CA 93307

    Located in Southeast Bakersfield, this charming 1,355 sq. ft. home offers the perfect blend of comfort and functionality with 4 bedrooms and 2 bathrooms. Thoughtfully designed to create a warm and inviting atmosphere, this home is ideal for a first-time buyer or growing family. The backyard is a blank canvas ready for you to create your own private retreat. Don't miss this wonderful opportunity

    Melissa Anderson Brimhall Realty

    123 Obregon Ave, Bakersfield, CA 93307
  • /12

    $401,995

    • 3 Beds
    • 2 Baths
    • 1,441 Sq Ft

    1100 Droitwich Spa St, Bakersfield, CA 93307

    Located in one of the newest communities in town. New Del Oro High School is with in walking distance, which could be the key to your child's success. This house is meant for you. This new home has never been lived in. Per the seller, its approximately 1663 square feet. This home features an open living space with 3 bedrooms and 2 full bathrooms. It is a classic split wing planthat is sure to

    Elias Delgado-Vera Anderson Walker Real Estate

    1100 Droitwich Spa St, Bakersfield, CA 93307
  • /26

    $348,000

    • 3 Beds
    • 2 Baths
    • 1,337 Sq Ft

    6810 Lowry St, Bakersfield, CA 93307

    Reduced!!!!!, Wonderful S W location, Built in 2007, close to schools and shopping, bus stops, property with 3 Beds, 2 Baths, great amenities, with tile throughout, with granite countertops, nice kitchen cabinets, new stove, 2 car garage with new car garage door opener, nice patio for BBQs and a nice back yard, ideal for a family or an investment property.

    Servando Rocha Unknown Broker

    6810 Lowry St, Bakersfield, CA 93307

Why Live in South Panama Lane

South Panama Lane celebrates its Latin heritage in Bakersfield with a variety of ethnic locales, including food trucks and stores located just 15 minutes south of the city center. The neighborhood features a mix of traditional and Mediterranean-influenced homes, dating back to the 1960s, 1970s and 1980s. Homes typically have two-car garages and three-bedroom layouts. Newer constructions feature modern Tuscan and classic Spanish Revival elements, such as stucco exteriors and terracotta roofs. Families in South Panama Lane can attend highly rated schools, such as Rafaello Palla Elementary, Leon H Ollivier Middle School and Golden Valley High School. Outdoor enthusiasts can head to Stiern Park and Rexland Acres Park, which have playgrounds and paved trails. Sequoia National Forest, Los Padres National Forest and the Pacific Coast are all within a two-hour drive. This neighborhood features shopping and dining that highlight its Latin roots. Local favorites like Mariscos Las Cazuelitas offer a taste of the local flavor, and Vallarta Supermarkets provide groceries. Residents are also close to historic Golden State Highway 99, which connects them to Downtown Bakersfield in under 15 minutes. There are several bus stops along Panama Lane, and Meadows Field Airport is a few miles north.

Frequently Asked Questions

Is South Panama Lane a good place to live?
South Panama Lane is a good place to live. South Panama Lane is considered car-dependent and somewhat bikeable with some transit options. South Panama Lane is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. South Panama Lane has 5 parks for recreational activities. It is fairly dense in population with 12.0 people per acre and a median age of 29. The average household income is $56,440 which is below the national average. College graduates make up 12.6% of residents. A majority of residents in South Panama Lane are home owners, with 27% of residents renting and 73% of residents owning their home. A local real estate agent serving South Panama Lane can help you decide if this neighborhood is the right one for you. Learn more on our South Panama Lane neighborhood guide.
Is South Panama Lane, CA a safe neighborhood?
South Panama Lane, CA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in South Panama Lane?
The median home price in South Panama Lane is $339,450. If you put a 20% down payment of $67,900 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in South Panama Lane. Learn how much home you can afford with our Home Affordability Calculator. The average household income in South Panama Lane is $56K.
What are the best public schools in South Panama Lane?
The best public schools that serve South Panama Lane are:
What are the most popular zip codes in South Panama Lane, Bakersfield, CA?
The most popular zip codes in South Panama Lane, Bakersfield, CA include 93307, 93304, 93313, 93309 and 93305.
What are the most popular neighborhoods near South Panama Lane, Bakersfield, CA?
The most popular neighborhoods near South Panama Lane, Bakersfield, CA are Berkshire Farm, South Wible Orchard, Rexland Acres, Stone Meadows and Greenfield.
Are home prices dropping in South Panama Lane?
Yes, home prices in South Panama Lane are down 13% in the last 12 months.

South Panama Lane Home Prices vs. Nearby Bakersfield, CA Neighborhoods

South Panama Lane Stonegate Stone Meadows Campus Park
Median Home Price
$339,450
$429,250
$432,500
$435,000
Median Sale Price
$336,000
-14% YoY
$420,000
$415,000
-2% YoY
$429,000
+2% YoY
Median Single Family Price
$337,500
$426,000
$425,000
$429,000
Total Active Listings
6
9
16
8
Market Conditions
2 Months
Seller's Market
2 Months
Seller's Market
6 Months
Buyer's Market
3 Months
Seller's Market
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