Exceptional 3-Acre Development Opportunity in Bakersfield! Attention investors and developersthis rare 3-acre parcel offers outstanding potential in one of Bakersfield's growing residential corridors. Perfectly positioned in a well-established and highly populated area, this property provides an excellent opportunity for those looking to build and capitalize on the region's continued growth. Currently zoned R1 and R2, the lot offers flexibility for single-family or multi-family residential development, making it an ideal project for builders seeking to create new housing in a desirable location. With its generous size and strategic setting, the property also presents the possibility of rezoning, opening the door for additional development concepts depending on city approval. Conveniently located just minutes from Highway 99, the property offers quick access to major transportation routes, shopping, schools, and local amenitiesan important factor for future residents and long-term
Vacant landProperty Type
3.01 acresLot Size
$498,339Price/Acres
Listed by Sylvia Cable•DRE #01797414• Watson Realty
Listed by William Chicas•DRE #01815714• Watson Realty
Stone Meadows, located between Gosford Road and Old River Road, is a suburban and residential Bakersfield neighborhood with master-planned streetscapes and pocket parks. The neighborhood’s energy concentrates around the Gosford Road and Ming Avenue corridor, where big-box retail pads, casual eateries, and steady traffic set the daily rhythm. Housing trends toward late-20th-century and newer single-story builds with tidy front yards and wide driveways. The setting feels open and sunlit, with flat valley views and broad arterials defining the edges. For a local night out, The BLVD, Temblor Brewing Company, and Mechanics Bank Arena anchor nearby entertainment. Daily routines often orbit shopping runs, school drop-offs, and evening walks on quiet loops.
Provided by Walk Score and Local Logic
Property details
Exterior
Exterior features
Approximately 3.01 acres
Electric service available
Public water available
Public sewer available
Located in the Lands Of J B Haggin subdivision
Cross street: Berkshire
Home design
Residential zoning (R1)
Utilities
Served by East Niles Community Services District for water
Sale and tax history for 7500 Wible
Sale History
Tax History
Date
Event
Price
GEMLS #202513028
May 13, 2026
Price Changed
$1,500,000
Nov 25, 2025
Listed
$1,800,000
GEMLS #202502485
Jun 28, 2025
Price Changed
$1,800,000
Mar 1, 2025
Listed
$2,500,000
GEMLS #202403048
Mar 30, 2024
Listed
$2,500,000
GEMLS #202007237
Mar 23, 2021
Sold
$300,000
Mar 15, 2021
Pending
—
Feb 4, 2021
Relisted
—
Jan 7, 2021
Pending
—
Jan 6, 2021
Price Changed
$300,000
Sep 11, 2020
Price Changed
$325,000
Jul 18, 2020
Listed
$350,000
GEMLS #2
Mar 3, 2020
Price Changed
$350,000
GEMLS #1
Apr 12, 2018
Price Changed
$425,000
Dec 1, 2017
Price Changed
$475,000
SDMLS #301832028
May 8, 2018
Listing Removed
—
Nov 8, 2017
Listed
$425,000
CRMLS #PW17267954
May 8, 2018
Listing Removed
—
Apr 30, 2018
Price Changed
$425,000
Nov 8, 2017
Listed
$475,000
Public Records
Oct 22, 2004
Sold
$301,000
Public Records
Oct 22, 2004
Sold
$385,000
GEMLS #24007929
Oct 26, 2004
Price Changed
$300,000
Oct 25, 2004
Sold
$301,000
Sep 1, 2004
Delisted
—
Aug 6, 2004
Listed
$301,000
Year
Property tax
Land + Additions
Assessment*
2025
$3,818 (+1.7%)
$324,729
2024
$3,755 (+2.1%)
$324,729
2023
$3,678 (−0.2%)
$318,362
2022
$3,684 (+85.2%)
$318,362
2021
$1,989 (+2.5%)
$306,000
2020
$1,940 (−9.4%)
$162,932
2019
$2,143 (−41.9%)
$161,262
2018
$3,685 (−0.6%)
$158,100
2017
$3,709 (+80.7%)
$166,724
2016
$2,053 (+1.1%)
$166,724
2015
$2,031 (−62.0%)
$163,455
2014
$5,349
$161,000
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
3.01 Acres
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Vacant Land
County
Kern County
APN
51511010004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R-4
High Density Multi-Unit Dwelling Zone
The purpose of the R-4 zone is to provide land areas for the use and occupancy of multi-story, multi-unit dwellings (e.g., rowhouses, flats, condominiums, townhouses and apartments) at higher densities that include on-site recreational amenities. It is the intent of this zone to provide a livable, walkable, and sustainable residential environment that ensures compatibility with surrounding lower-density single-unit and multi-unit dwellings and neighborhood commerce. The residential density range for this zone is 20.1 to 30 dwelling units per net acre.
Permitted uses
Include but are not limited to:
Housing-Multiple units
Housing-Other
Office
Educational/school
Climate risks
6/10 Flood Factor
Estimated 69-77% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 20 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
33 unhealthy days expected this year, 37 days in 30 years
Provided by First Street
Historical weather
Bakersfield, CA • 93313
Average low and high temperatures (°F)
61
39
67
45
75
51
76
52
85
59
95
66
97
69
98
71
92
67
81
57
66
48
57
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 7500 Wible
$1,238,622
$261K under list price of $1.50M
Nearby comparable homes
The Redfin Estimate uses 4 recent nearby sales, priced between $388K to $480K.