1246 Paseo Redondo, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
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Merced, California 95348
This High-Potential Investment Opportunity is listed at $495,000, positioned well above the $437,972 Fair Market Value by -13%. Featuring a Condition Rating of 4, the home offers significant value-add potential through cosmetic modernization of its 1980s-era interiors. Key assets include a 10,961 sqft lot, cathedral ceilings, and a climate-controlled garage. While local school ratings are modest, the proximity to Fahrens Creek trails enhances long-term appeal. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with substantial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1246 Paseo Redondo Subject | $495,000* List Price | 3 | 2 | 1,945 | $225 | - |
A 3772 Duke Court Sold | $445,000 | 4 | 2 | 1,877 | $237 | 0.9 mi |
B 3500 Paseo Verde Avenue Sold | $450,000 | 3 | 2 | 2,001 | $225 | 0.4 mi |
C 3502 San Francisco Sold | $499,000 | 4 | 2 | 2,060 | $242 | 0.2 mi |
D 3447 La Jolla Sold | $418,000 | 4 | 2 | 1,690 | $247 | 0.6 mi |
E 2988 Briarwood Court Pending | $445,000 List Price | 3 | 2 | 1,953 | $228 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is over 40 years old and remains largely in its original state. While the home is well-maintained and features some minor updates like hardwood-style LVP flooring, the kitchen and bathrooms are dated with 1980s-era oak cabinetry and tile countertops. The presence of popcorn ceilings and older fixtures suggests the home needs cosmetic updates to meet modern standards, though it remains functional and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10961, living area = 1945.
The home features striking floor-to-ceiling stone fireplaces and dramatic cathedral ceilings with exposed beams, offering a unique aesthetic and spacious feel rarely found in standard builds.
Situated on a generous 10,961 sqft lot in Los Verdes Estates, the property offers exceptional privacy and immediate proximity to the scenic Fahrens Creek walking trails.
The presence of tile countertops and extensive plush carpeting suggests the interior may require cosmetic updates to align with modern luxury standards.
The assigned local elementary and middle schools currently hold lower performance ratings (3/10), which may be a consideration for education-focused buyers.
Surrounded by the peaceful beauty of Los Verdes Estates, this warm and inviting home offers comfort, space, and serene natural surroundings in one exceptional setting. Mature trees, quiet streets, and nearby creekside scenery create a calming atmosphere, while the home's charming brick exterior, paved driveway, and beautifully maintained landscaping provide timeless curb appeal. Inside, natural light fills the spacious living areas through wide windows that create a bright and airy feel throughout the home. The inviting living room features plush carpeting, ceiling fans, and a striking floor-to-ceiling stone fireplace perfect for relaxing evenings or gatherings with family and friends. The dramatic family room showcases open beam cathedral ceilings, expansive backyard-facing windows, and another impressive stone fireplace that adds warmth and character. Sliding glass doors create seamless indoor-outdoor flow to the peaceful backyard retreat. The kitchen blends charm and functionality with spacious cabinetry, expansive tile countertops, hardwood-style LVP flooring, and abundant natural light. Open sight-lines into the family room and backyard create an ideal setting for both everyday living and entertaining. The bedrooms provide restful retreats with soft carpeting, ceiling fans, and large windows that bring in calming natural light. The spacious primary suite features soaring cathedral ceilings, exposed beams, private outdoor access, a walk-in closet, and a private ensuite bath complete with tile counters and a dedicated shower stall. Step outside to discover a beautifully maintained backyard surrounded by mature trees, expansive lawn areas, paved walkways, and a combination of concrete and wood fencing that creates both privacy and charm. The covered back porch and patio areas offer peaceful spaces for outdoor dining, entertaining, or simply enjoying the tranquil setting. The attached garage features dual garage openings, air conditioning, and a ceiling fan, offering versatile space for parking, storage, hobbies, or projects. Just next door, enjoy the scenic Fahrens Creek walking trail featuring beautiful wooden bridges, towering eucalyptus trees, peaceful creek views, and picturesque greenbelt scenery that makes everyday walks feel like a private escape into nature. Welcome Home!!!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 1.5 mi
Grades K-6 • 1.7 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 | 1,945 | 1,697.5 | 72% |
| Lot Size | 10,961 | 6,043 | 96% |
| Price | $495.0K | $419.9K | 81% |
| Price per sq ft | $254 | $248 | 51% |
| Built year | 1980 | 2009 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 169 | 2% |
May 14, 2026
$495,000
Initial Listing
Jun 2, 2000
$500
Public Record