1055 Lees Court, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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1055 Lees Court
Merced, California 95340
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,656Sq Ft
9,077Lot Size
Property Price
LIST PRICE$426,951
EST. MARKET VALUE
$461,601
7% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $426,951—positioned well below the $461,602 Fair Market Value by 7%. This valuation gap offers $34,651 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the property boasts a fully renovated kitchen with quartz countertops and an in-ground swimming pool. Located on a quiet cul-de-sac in the Merced Union district, this residence is an ideal acquisition for Owner-Occupants or first-time buyers seeking a polished, stress-free lifestyle.
Estimated Market Value
$461,601+$34,650 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1055 Lees Court Subject 3 bd · 2 ba · 1,656 sqft · $279 | $426,951* List Price | 3 | 2 | 1,656 | $279 | - |
A 385 Emerald Sold 3 bd · 2 ba · 1,706 sqft · $226 · 0.5 mi | $385,000 | 3 | 2 | 1,706 | $226 | 0.5 mi |
B 544 Seminole Drive Sold 4 bd · 2 ba · 1,645 sqft · $252 · 0.3 mi | $415,000 | 4 | 2 | 1,645 | $252 | 0.3 mi |
C 3332 Shamrock Sold 3 bd · 2 ba · 1,788 sqft · $247 · 0.3 mi | $442,000 | 3 | 2 | 1,788 | $247 | 0.3 mi |
D 892 Amador Court Sold 4 bd · 2 ba · 1,381 sqft · $275 · 0.2 mi | $380,000 | 4 | 2 | 1,381 | $275 | 0.2 mi |
E 997 Bel Air Sold 3 bd · 2 ba · 1,105 sqft · $312 · 0.2 mi | $345,000 | 3 | 2 | 1,105 | $312 | 0.2 mi |
F 1146 Gregory Court Sold 3 bd · 2 ba · 1,825 sqft · $238 · 0.1 mi | $435,000 | 3 | 2 | 1,825 | $238 | 0.1 mi |
G 3018 Marie Court Sold 3 bd · 2 ba · 1,286 sqft · $309 · 0.6 mi | $398,000 | 3 | 2 | 1,286 | $309 | 0.6 mi |
H 1073 El Portal Sold 3 bd · 2 ba · 1,413 sqft · $278 · 0.4 mi | $393,000 | 3 | 2 | 1,413 | $278 | 0.4 mi |
I 3156 Nottingham Active 3 bd · 2 ba · 1,404 sqft · $278 · 0.3 mi | $390,000 List Price | 3 | 2 | 1,404 | $278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1972, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen is fully updated with quartz countertops, custom cabinetry, and stainless steel appliances. The bathrooms have been modernized, and the home features new luxury flooring, recessed lighting, and fresh finishes throughout, meeting the criteria for mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9077, living area = 1656.
- High-End Modern Renovations
The home features a fully renovated designer kitchen with quartz countertops, an oversized island, and luxury flooring throughout, offering a move-in-ready experience with contemporary aesthetics.
- Premium Outdoor Amenities
Situated on a generous 9,077 sqft lot, the property includes an in-ground swimming pool and a covered patio, providing a significant value-add for entertainment and relaxation.
CONSRISKS & DEFICIENCIES
- Vintage Structural Core
Built in 1972, the property may possess aging underlying infrastructure or utility systems that could require maintenance despite the modern cosmetic upgrades.
- Limited Bedroom Count
With only three bedrooms for over 1,600 square feet of living space, the layout may be restrictive for larger families or those needing dedicated home office spaces.
About 1055 Lees Court
Welcome to 1055 Lees Ct, a beautifully remodeled home nestled on a quiet cul-de-sac in one of Merced's established neighborhoods. This stunning 3-bedroom, 2-bath residence offers approximately 1,656 square feet of thoughtfully updated living space on a generous lot. Property records indicate 3 bedrooms, 2 bathrooms, and approximately 1,656 square feet. Step inside to discover a bright, open-concept floor plan featuring luxury flooring, fresh interior finishes, recessed lighting, and a spacious living area centered around a charming painted brick fireplace. The fully renovated kitchen is a true showpiece, boasting quartz countertops, custom white cabinetry, gold hardware, stainless steel appliances, a farmhouse sink, and an oversized island perfect for entertaining and everyday living. The spacious bedrooms provide comfort and flexibility, while the updated bathrooms offer modern finishes and style. Outside, enjoy a large backyard complete with a covered patio and an inviting in-ground swimming pool, creating the perfect setting for summer gatherings, relaxation, and outdoor enjoyment. Conveniently located near schools, shopping, dining, and commuter routes, this move-in-ready home combines modern upgrades with timeless appeal. Don't miss the opportunity to own this beautifully renovated Merced property with a pool and spacious lot.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 9,077 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,656 | 1,698.064 |
| Lot Size | 9,077 | 6,572.897 |
| Price | $427.0K | $415.4K |
| Price per sq ft | $258 | $253 |
| Built year | 1972 | 2002 |
| HOA | $0 | $108 |
| Days on market | 3 | 68 |
Pricing History
Listed for Sale
Oct 21, 2026
$426,951
Initial Listing
Sold
Jun 15, 2017
$150,000
Public Record