1338 Hermosa Drive, Merced, California 95348, Merced, 95348 - 4 bed, 3 bath
1338 Hermosa Drive
Merced, California 95348
Property Price
SUMMARY
Analysis of 1338 Hermosa Drive, Merced, California 95348 reveals a property with a current list price of $395,000, which is 3% above the estimated $380,840 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and meets all current quality standards. It features modern finishes such as granite countertops, a kitchen island, and laminate flooring throughout. The inclusion of high-efficiency systems like owned solar and a tankless water heater, combined with the 'like-new' condition and lack of deferred maintenance, justifies the highest rating.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features owned solar panels and a tankless water heater, providing significant long-term savings on utility costs and meeting modern energy standards.
- Modern Construction
Built in 2022, this 'like-new' home offers contemporary finishes including granite countertops, laminate flooring, and a functional kitchen island, ensuring a move-in ready experience.
- Prime Location
Situated in desirable North Merced, the home offers excellent proximity to local parks, shopping centers, restaurants, and convenient access to Highway 59.
CONSRISKS & DEFICIENCIES
- Limited Outdoor Space
With a lot size of only 2,500 square feet, the backyard is very compact, which may not appeal to buyers seeking significant garden space or room for large outdoor activities.
- High Density Development
Located in the 'Cottages at El Redondo,' the property is part of a high-density residential layout, which often results in closer proximity to neighbors and less privacy compared to traditional suburban lots.
About 1338 Hermosa Drive
Like new...this 4-bedroom, 2.5-bath located in the Cottages at El Redondo is perfect for an investor, first-time home buyer or anyone who is looking for a move-in ready home. It features laminate floors throughout, a spacious kitchen with granite counter tops, a gas range and a kitchen island - perfect for entertaining. The primary suite has natural light, a walk-in closet and a double sink vanity in the bathroom. Built for energy efficiency with the benefits of a tankless water heater and OWNED SOLAR. If low maintenance is what you are looking for, the backyard provides just enough space for dining al fresco. Located in North Merced near parks, shopping and restaurants and in close proximity to Hwy 59...don't let this one get away.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 2,500 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
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,637 | 1,752 | 44% |
| Lot Size | 2,500 | 6,144 | 4% |
| Price | $395.0K | $429.0K | 36% |
| Price per sq ft | $241 | $246 | 42% |
| Built year | 2022 | 2007 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 161 | 72% |
Pricing History
Listed for Sale
Feb 28, 2026
$395,000
Initial Listing
Price Change
Aug 4, 2025
$425,000
Initial Listing
Sold
Dec 22, 2022
$390,000
Public Record
Sold
Jan 18, 2022
$85,000
Public Record
Sold
Jan 13, 2021
$355,000
Public Record