Why Live in Lakeview
Lakeview, located two miles southeast of downtown Bakersfield, is a neighborhood undergoing significant revitalization. The city is investing in street renovations and beautification projects, including the renovation and expansion of Martin Luther King Junior Park. This park will feature shaded courts for basketball, futsal, and pickleball, a splash pad, and an amphitheater for local performances. In the meantime, residents can visit nearby Virginia Avenue Community Park and Lowell Park for recreational activities. Dining options in Lakeview include Grandma’s Tamales, Great Castle Chinese Restaurant, and Casa Grande Bar & Restaurant, while grocery needs can be met at La Villa Meat Market and City Food Market. For more extensive shopping, a Walmart is accessible off Highway 58.
The neighborhood is served by Bakersfield High School, which is known for its strong wrestling program and holds a high rating. Our Lady of Guadalupe offers a K-8 Catholic education option. Housing in Lakeview primarily consists of midcentury ranch-style Craftsman homes with private driveways and fenced yards, alongside some duplexes and four-unit properties. The area has a high rental rate, with 66% of residents renting their homes.
Golden Empire Transit buses provide convenient transportation throughout Bakersfield, and commuters can easily access downtown via East California Avenue and Union Avenue or reach Meadows Field Airport, nine miles away, via Highway 99. However, residents should be prepared for extreme summer heat and below-average air quality due to the region's agriculture and oil production.
Home Trends in Lakeview, CA
On average, homes in Lakeview, Bakersfield sell after 54 days on the market compared to the national average of 52 days. The median sale price for homes in Lakeview, Bakersfield over the last 12 months is $240,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$240,000
Median Single Family Sale Price
$240,000
Median Townhouse Sale Price
$276,500
Median 2 Bedroom Sale Price
$152,500
Average Price Per Sq Ft
$250
Number of Homes for Sale
23
Last 12 months Home Sales
32
Median List Price
$250,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%