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South Panama Lane Homes for Sale

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  • /47

    $367,000

    • 4 Beds
    • 2 Baths
    • 1,609 Sq Ft

    603 Islington Ct, Bakersfield, CA 93307

    Welcome to this beautifully cared for 4-bedroom, 2-bath home on a spacious corner lot! Vaulted ceilings and a clean, open layout offer abundant natural light. The kitchen features painted cabinets, updated hardware, a stylish pendant light over the island, and recessed lighting added in 2020. Wood-like flooring flows through the main areas, with brand new carpet in all bedrooms. A new roof was

    Isaul Rivas Watson Realty

    603 Islington Ct, Bakersfield, CA 93307
  • /3

    $240,000

    • 2 Beds
    • 1 Bath
    • 780 Sq Ft

    6810 Betty St, Bakersfield, CA 93307

    Centrally located home with kitchen and bathroom that were remodeled plus the second room had new flooring installed. Washer and refrigerator staying in property and each room has separate ac unit. There's a workshop/storage in patio with restroom. Property needs some TLC. Schedule a showing today!

    Samantha Gallardo Open Door Real Estate

    6810 Betty St, Bakersfield, CA 93307
  • /23

    $359,000

    • 4 Beds
    • 2 Baths
    • 1,473 Sq Ft

    303 Derbyshire Dr, Bakersfield, CA 93307

    Welcome to this stunning 4-bedroom, 2-bathroom home located in the desirable Casa Bella community. Situated on a spacious corner lot, this beautifully maintained property offers a bright and open floor plan perfect for comfortable living and entertaining. The modern kitchen opens to the dining and living areas, creating a warm and inviting atmosphere for family gatherings. Enjoy year-round

    Maira Rodriguez The Mora Partners Inc.

    303 Derbyshire Dr, Bakersfield, CA 93307
  • /34

    $375,000

    • 3 Beds
    • 2 Baths
    • 1,485 Sq Ft

    6709 Tameside Ave, Bakersfield, CA 93307

    Welcome to this stunning 3-bedroom, 2-bathroom home located in the desirable Casa Bella tract of Southwest Bakersfield. Nestled on a corner lot within a peaceful cul-de-sac, this well-maintained residence offers a warm and inviting atmosphere. Step inside to find wood-like flooring throughout, an open-concept layout, and a spacious kitchen featuring granite countertops and stainless steel

    Alishaan Abbas Keller Williams Realty

    6709 Tameside Ave, Bakersfield, CA 93307
  • /34

    $320,000

    • 3 Beds
    • 2 Baths
    • 1,240 Sq Ft

    719 Baldwin Farms Dr, Bakersfield, CA 93307

    This charming 3 bedroom, 2 bathroom home is perfect for first-time home buyers! It features high ceilings, an open concept layout, and updated flooring. With just a few cosmetic touch-ups, this home has great potential. Located in a decent neighborhood, it's a solid opportunity to start your homeownership journey or add your personal touch!

    Belinda Estrada LPT Realty, Inc.

    719 Baldwin Farms Dr, Bakersfield, CA 93307
  • /16

    $360,000

    • 4 Beds
    • 3 Baths
    • 648 Sq Ft

    6645 Betty St, Bakersfield, CA 93307

    Excited to present this beautifully remodeled property in the Baldwin Farms community! Recently updated within the past year, this home offers 4 bedrooms, 3 bathrooms, and 1,638 sq ft of living space (square footage update currently pending with the county currently showing 1,255 ). Upgrade include: new flooring, new roof, new AC system Plus, it offers RV parking perfect for your extra

    Deyci Leal Sierra Central Real Estate

    6645 Betty St, Bakersfield, CA 93307
  • /19

    $339,900

    • 3 Beds
    • 2 Baths
    • 1,398 Sq Ft

    2004 Magdelena Ave, Bakersfield, CA 93307

    Located in The Heart of Southwest Bakersfield, This home offers 3 Bedrooms, 1.75 Baths, a fire place, and a 2-car garage. It boasts new hardwood laminate flooring, energy-efficient windows, updated fixtures, granite countertops, and stainless steel appliances, including a stove, microwave, dishwasher, and a disposal. Conveniently located near shopping centers and freeway 99. Move In Ready and

    Frank St. Claire St. Clair Realty

    2004 Magdelena Ave, Bakersfield, CA 93307
  • /13

    $404,995

    • 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 be

    Ubaldo 'Max' Garza Anderson Walker Real Estate

    1100 Droitwich Spa St, Bakersfield, CA 93307
  • /15

    $345,000 Pre-Foreclosure

    • 4 Beds
    • 2 Baths
    • 1,302 Sq Ft

    1017 Ivy Trae Ln, Bakersfield, CA 93307

    Beautiful well kept split wing 4 beds 2 bath home siting on the hugest cul-de-sac in the neighborhood. Big back yard perfect for family gatherings. Call today to schedule your private showing

    Liliana Vargas Real Broker

    1017 Ivy Trae Ln, Bakersfield, CA 93307

Why Live in South Panama Lane

South Panama Lane in Bakersfield is a vibrant neighborhood located just 15 minutes south of the city center. This area celebrates its Latin heritage with a variety of ethnic locales, including food trucks and stores centered around Panama Lane. The neighborhood features a mix of traditional and Mediterranean-influenced homes, with most residences dating back to the 60s, 70s, and 80s. Newer constructions showcase modern Tuscan styles while maintaining classic Spanish Revival elements like stucco exteriors and terracotta roofs. Homes typically have two-car garages and three-bedroom layouts, with some larger new constructions available. Families in South Panama Lane have access to schools such as Rafaello Palla Elementary, Leon H Ollivier Middle School, and Golden Valley High School, all of which have high ratings. The area is safer than the national average, providing a low crime risk environment for residents. Outdoor enthusiasts can enjoy nearby Stiern Park and Rexland Acres Park, which offer playgrounds, paved paths, and views of the Sequoia National Forest. For more extensive outdoor adventures, the Sequoia and Los Padres National Forests are within reach, and the Pacific coast is a two-hour drive away. The neighborhood's features include diverse dining and shopping options that highlight its Latin roots. Local favorites like Mariscos Las Caqualitas and Vallarta Supermarkets offer a taste of the local flavor. Residents also benefit from proximity to the historic Golden State Highway 99, connecting them to Downtown Bakersfield in under 15 minutes. Public transportation is accessible with several bus stops along Panama Lane, and Meadow Field Airport is a few miles north for domestic flights.

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. South Panama Lane has 5 parks for recreational activities. It is fairly dense in population with 11.9 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 26.7% of residents renting and 73.3% 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.
How much do you need to make to afford a house in South Panama Lane?
The median home price in South Panama Lane is $389,740. If you put a 20% down payment of $77,900 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $1,970 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in South Panama Lane. 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, 93311, 93304, 93313 and 93309.
What are the most popular neighborhoods near South Panama Lane, Bakersfield, CA?
The most popular neighborhoods near South Panama Lane, Bakersfield, CA are Belcourt Park, Berkshire Farm, South Wible Orchard, Rexland Acres and Greenfield.

Home Trends in South Panama Lane, CA

Housing Trends

Median Sale Price
$394,770
Median Single Family Sale Price
$394,770
Average Price Per Sq Ft
$266
Number of Homes for Sale
13
Last 12 months Home Sales
50
Months of Supply
3.10
Median List Price
$389,740
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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