
Atwater, California 95301
This property presents a High-Potential Investment Opportunity with a List Price of $375,000—positioned well above the $347,731 Fair Market Value by -7%. While the home maintains a Fair Condition Rating due to its 1955 vintage, the 7,475 sqft lot and 3-bedroom, 2-bathroom layout provide a solid foundation for value-add renovations. Located in a walkable neighborhood within the Merced Union High School District, this asset is well-suited for Buy-and-Hold Investors or first-time buyers seeking a project with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1291 Spruce Subject 3 bd · 2 ba · 1,226 sqft · $284 | $375,000* List Price | 3 | 2 | 1,226 | $284 | - |
A 2270 4th Sold 3 bd · 2 ba · 1,328 sqft · $297 · 0.2 mi | $395,000 | 3 | 2 | 1,328 | $297 | 0.2 mi |
B 1565 High Street Sold 3 bd · 2 ba · 1,127 sqft · $275 · 0.8 mi | $310,000 | 3 | 2 | 1,127 | $275 | 0.8 mi |
C 2399 3rd Sold 3 bd · 2 ba · 1,490 sqft · $242 · 0.1 mi | $360,000 | 3 | 2 | 1,490 | $242 | 0.1 mi |
D 2246 First Street Sold 3 bd · 2 ba · 1,172 sqft · $307 · 0.4 mi | $360,000 | 3 | 2 | 1,172 | $307 | 0.4 mi |
E 612 Los Altos Sold 3 bd · 2 ba · 1,461 sqft · $274 · 0.4 mi | $400,000 | 3 | 2 | 1,461 | $274 | 0.4 mi |
F 107 Judy Sold 3 bd · 2 ba · 1,504 sqft · $258 · 0.6 mi | $387,500 | 3 | 2 | 1,504 | $258 | 0.6 mi |
G 1870 Eucalyptus Sold 3 bd · 2 ba · 1,630 sqft · $236 · 0.6 mi | $385,000 | 3 | 2 | 1,630 | $236 | 0.6 mi |
H 3183 Dakota Street Sold 3 bd · 2 ba · 1,120 sqft · $313 · 0.9 mi | $350,000 | 3 | 2 | 1,120 | $313 | 0.9 mi |
I 729 Mulberry Avenue Active 3 bd · 2 ba · 1,692 sqft · $233 · 0.5 mi | $395,000 List Price | 3 | 2 | 1,692 | $233 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955, this 71-year-old home is significantly dated. While the listing describes it as comfortable and ready for a new owner, the lack of mentioned renovations to the kitchen, bathrooms, or HVAC/electrical systems places it in the 'Fair' category, requiring modern updates and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7475, living area = 1226.
Situated in a well-established neighborhood, the property offers exceptional convenience with walking distance to local schools, shopping, restaurants, and parks.
The 3-bedroom, 2-bathroom configuration paired with a 2-car garage provides a highly desirable and practical floor plan for families and investors alike.
Constructed in 1955, the home may require updates to its original systems, insulation, and finishes to meet modern energy efficiency and aesthetic standards.
The property listing indicates no significant views, which may limit its appeal to buyers prioritizing aesthetic surroundings or premium visual outlooks.
Welcome to this charming 3-bedroom, 2-bathroom home situated in a well-established Atwater neighborhood. Offering a comfortable floor plan, a 2-car garage, and a convenient location, this property is ideal for those looking for both everyday comfort and accessibility. Enjoy being within walking distance of shopping, schools, restaurants, parks, and other local amenities. The established neighborhood provides a welcoming setting while keeping you close to everything Atwater has to offer. Whether you're a first-time buyer, growing household, or looking for an investment opportunity, this home is ready to welcome its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,226 | 1,729.899 |
| Lot Size | 7,475 | 7,465.087 |
| Price | $375.0K | $452.3K |
| Price per sq ft | $306 | $265 |
| Built year | 1955 | 1989 |
| HOA | $0 | $119 |
| Days on market | 38 | 62 |
Sep 16, 2026
$375,000
Initial Listing
Mar 8, 2023
$180,000
Public Record