1282 Carolina, Merced, California 95340, Merced, 95340 - 4 bed, 3 bath
1282 Carolina
Merced, California 95340
Property Price
SUMMARY
Analysis of 1282 Carolina, Merced, California 95340 reveals a Prime Investment Opportunity with a current list price of $650,000—significantly undercutting the $697,592 Fair Market Value by 6%. This valuation gap indicates a +$47,592 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1282 Carolina Subject | $650,000* List Price | 4 | 3 | 2,773 | $252 | - |
A 1575 Santa Inez Court Sold | $550,000 | 4 | 3 | 2,673 | $206 | 0.2 mi |
B 1011 Wyoming Drive Sold | $730,000 | 5 | 3 | 3,298 | $221 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1972, the property has undergone extensive, high-end renovations that align with modern luxury standards. The gourmet kitchen features premium Dacor and Jennair appliances with rare radiant floor heating, while the interior boasts bamboo flooring, brand new Milgard windows, and three gas fireplaces. Significant system upgrades including owned solar, tankless water heaters, and dual HVAC units indicate the home has been meticulously maintained and updated within the last 5 years, leaving no deferred maintenance.
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 = 12397, living area = 2773.
- Gourmet Kitchen & Modern Efficiency
The home features a chef-grade kitchen with premium Dacor and Jennair appliances and radiant heating, complemented by high-value energy upgrades including owned solar and new Milgard windows.
- Exceptional Outdoor Living
Situated on a generous 12,397 square foot corner lot, the backyard serves as a private oasis with a solar-heated pool, a deck with a pergola, and professional landscaping.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned middle and high schools have lower performance ratings (3 and 4 respectively), which may be a concern for families prioritizing top-tier educational districts.
- 1970s Era Construction
Despite extensive modern renovations, the property's 1972 build date may necessitate more frequent maintenance of original underlying systems compared to newer construction.
About 1282 Carolina
Welcome to this exquisite 4-bedroom, 3-bathroom home in the coveted Harris Acres neighborhood. Spanning 2,773 square feet on a generous 12,397 square foot corner lot, this property offers unparalleled elegance and comfort. The front yard greets you with a circular driveway and a charming courtyard, setting the stage for the luxurious interior. Step inside to an entryway flooded with natural light, boasting tall ceilings and beautiful bamboo floors. The gourmet kitchen is a chef's dream, featuring granite countertops, custom cabinetry, a Dacor electric cooktop, Jennair oven, a wine fridge, and a warming drawer. Enjoy the convenience of radiant heating in the flooring and on the island, all seamlessly connected to the family room. The primary bedroom is a true retreat, complete with built-ins, a gas fireplace, and an en-suite bathroom featuring double vanities, more radiant heating in the flooring and a walk-in closet. Additional interior highlights include three gas fireplaces, tankless water heaters, two HVAC units, owned solar, Hunter Douglas Silhouette blinds, a whole house fan, and brand new Milgard windows. The backyard is an entertainer's paradise with an in-ground swimming pool that includes solar heating and a removable fence, a deck with a pergola, and a mix of turf and grass. A storage shed provides extra convenience. Located near the Bear Creek path, this home offers access to scenic walks and outdoor activities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 12,397 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Merced Unified Schools
Donn B. Chenoweth Elementary School
Grades K-6 • 0.6 mi
Rudolph Rivera Elementary
Grades K-6 • 1.8 mi
Herbert Hoover Middle School
Grades 7-8 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 2,773 | 1,566 | 91% |
| Lot Size | 12,397 | 7,501 | 91% |
| Price | $650.0K | $360.0K | 92% |
| Price per sq ft | $234 | $244 | 46% |
| Built year | 1972 | 1967 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 171 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$650,000
Initial Listing