
Merced, California 95348
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $509,999—positioned well above the $455,376 Fair Market Value by -11%. While the list price exceeds the current valuation, the property offers a Condition Rating of 4, featuring a private backyard oasis with a pool and significant lot utilization. The home provides a move-in ready foundation for Buy-and-Hold Investors or Owner-Occupants who prioritize lifestyle amenities over immediate academic ratings, as the local schools currently carry lower performance metrics.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 Paseo Verde Subject | $497,999* List Price | 3 | 2 | 2,162 | $215 | - |
A 448 Judy Court Sold | $440,000 | 3 | 2 | 2,213 | $199 | 0.9 mi |
B 3500 Paseo Verde Avenue Sold | $450,000 | 3 | 2 | 2,001 | $225 | 0.2 mi |
C 1151 Mazatlan Sold | $444,888 | 5 | 3 | 2,243 | $198 | 0.4 mi |
D 3406 San Martin Court Sold | $435,000 | 3 | 2 | 1,705 | $255 | 0.5 mi |
E 1137 Julie Sold | $450,000 | 4 | 2 | 1,812 | $248 | 0.6 mi |
F 3406 Lago Court Active | $457,500 List Price | 4 | 3 | 2,066 | $221 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1989, the property falls into the >20-year age bracket. While the home is exceptionally well-maintained and 'move-in ready' with updated bamboo flooring and stainless steel appliances, the kitchen and bathrooms remain dated with original tile countertops and 1980s-style cabinetry, fitting the criteria for a property needing cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9735, living area = 2162.
The property features a sparkling pool, multiple patio areas, and no rear neighbors, providing an exceptional and private space for outdoor entertaining and relaxation.
With over 2,100 sq ft of living space, soaring vaulted ceilings, skylights, and plantation shutters, the home offers an expansive and bright atmosphere throughout.
The assigned elementary and middle schools carry lower ratings (3 out of 10), which may be a significant drawback for families prioritizing academic performance.
The $344 association fee represents a notable recurring monthly expense that may impact buyer affordability compared to other single-family homes in the area.
Welcome to this beautifully maintained 3-bedroom, 2-bath single-story home offering 2,162 sq ft of spacious living and exceptional indoor-outdoor entertaining. From the moment you arrive, you'll appreciate the inviting curb appeal, mature landscaping, and quiet neighborhood setting. Inside, soaring vaulted ceilings, skylights, plantation shutters, and abundant natural light create a bright and open atmosphere throughout. The expansive floorplan features oversized living and dining spaces, bamboo-style flooring, and a large kitchen complete with stainless steel appliances, extensive cabinetry, tile countertops, and a center island with seating. The generous primary suite serves as a private retreat with vaulted ceilings, dual vanities, soaking tub, separate shower, and direct access to the backyard. Spacious secondary bedrooms and thoughtful built-ins add comfort and functionality throughout the home. Step outside to your private backyard oasis featuring a sparkling pool, multiple patio areas, mature trees, detached storage shed, and no rear neighbors for added privacy. Additional highlights include an oversized 2-car garage with ample storage and workspace, indoor laundry room, and plenty of room for entertaining year-round. A rare opportunity to own a move-in ready home designed for relaxed California living. Schedule your showing today!!
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 1.4 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,162 | 1,705 | 78% |
| Lot Size | 9,735 | 6,043 | 89% |
| Price | $498.0K | $420.0K | 82% |
| Price per sq ft | $230 | $247 | 33% |
| Built year | 1989 | 2010 | 23% |
| HOA | $344.0 | $0 | 99% |
| Days on market | 21 | 169 | 2% |
May 31, 2026
$497,999
$499,999
+0% Price Increase
Initial Listing
May 21, 2026
$499,999
$509,999
-2% Price Drop
Initial Listing
May 19, 2026
$509,999
Initial Listing
May 16, 2026
$524,900
Initial Listing
Apr 20, 2022
$525,000
Public Record
Jul 31, 2017
$345,000
Public Record
Nov 24, 2014
$305,500
Public Record