
Merced, California 95348
This Spacious 5-Bedroom Residence is a Strong Value Opportunity, listed at $499,000—positioned well below the $523,830 Fair Market Value by 4%. This valuation gap offers $24,830 in Instant Equity for the buyer. Featuring a Private Pool and a versatile layout with a first-floor bedroom, the home maintains a Condition Rating of 3. Its proximity to UC Merced provides excellent rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-located, value-driven asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1445 San Simeon Court Subject 5 bd · 3 ba · 2,374 sqft · $221 | $499,000* List Price | 5 | 3 | 2,374 | $221 | - |
A 1463 Esplanade Sold 4 bd · 3 ba · 2,374 sqft · $189 · 0.2 mi | $449,000 | 4 | 3 | 2,374 | $189 | 0.2 mi |
B 3559 Santa Maria Avenue Sold 5 bd · 3 ba · 2,374 sqft · $232 · 0.1 mi | $550,000 | 5 | 3 | 2,374 | $232 | 0.1 mi |
C 3433 Paseo Verde Sold 4 bd · 3 ba · 2,141 sqft · $238 · 0.8 mi | $510,000 | 4 | 3 | 2,141 | $238 | 0.8 mi |
D 1295 Wildcat Sold 4 bd · 3 ba · 2,372 sqft · $196 · 0.7 mi | $465,000 | 4 | 3 | 2,372 | $196 | 0.7 mi |
E 3482 Paseo Verde Avenue Sold 4 bd · 3 ba · 1,956 sqft · $243 · 0.8 mi | $475,000 | 4 | 3 | 1,956 | $243 | 0.8 mi |
F 3406 Lago Court Sold 4 bd · 3 ba · 2,066 sqft · $214 · 0.6 mi | $442,000 | 4 | 3 | 2,066 | $214 | 0.6 mi |
G 1338 Esplanade Sold 4 bd · 3 ba · 2,405 sqft · $239 · 0.3 mi | $575,000 | 4 | 3 | 2,405 | $239 | 0.3 mi |
H 3451 Paseo Verde Sold 4 bd · 2 ba · 1,943 sqft · $211 · 0.8 mi | $410,000 | 4 | 2 | 1,943 | $211 | 0.8 mi |
I 1396 Belmont Active 4 bd · 3 ba · 2,044 sqft · $211 · 0.3 mi | $432,000 List Price | 4 | 3 | 2,044 | $211 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this 21-year-old property is well-maintained and move-in ready. The kitchen features functional dark cabinetry, granite countertops, and stainless steel appliances, suggesting some updates within the last 15 years. While the bathrooms and flooring reflect the original build era, the overall condition is clean with no visible structural defects, and the inclusion of solar panels indicates updated systems.
The property features a large 8,712 sq. ft. lot with a private pool, offering a significant lifestyle advantage for entertainment and relaxation in the Merced climate.
With five bedrooms, including a convenient first-floor bedroom, the home provides excellent flexibility for multi-generational living, guests, or a dedicated home office.
Situated near UC Merced, shopping, and dining, this home is ideally positioned for both long-term residents and potential rental demand from the university community.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
The solar panels are leased rather than owned, which requires a lease assumption by the buyer and adds a recurring monthly obligation that may impact financing.
The assigned public schools carry lower-to-average ratings, with several nearby institutions rated 3 or 4, which may be a consideration for families prioritizing high-performing districts.
Welcome to 1445 San Simeon Ct, a spacious living home with 5 bedrooms and 2 1/2 bathrooms, 1 bedroom at 1st floor, situated on a generous 8,712 square foot lot, built in 2003. Step outside to your private backyard oasis featuring a big and beautiful pool. Attached two-car garage: keep your vehicles safe. This home is located near to UC Merced, shopping, dining and everyday conveniences. Leased Solar Panels. Very motivated Seller.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 2.0 mi
Grades K-3 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,374 | 1,698.064 |
| Lot Size | 8,712 | 6,572.897 |
| Price | $499.0K | $415.4K |
| Price per sq ft | $210 | $253 |
| Built year | 2003 | 2002 |
| HOA | $0 | $108 |
| Days on market | 42 | 68 |
Oct 3, 2026
$499,000
$550,000
-9% Price Drop
Initial Listing
Sep 12, 2026
$550,000
Initial Listing
May 19, 2014
$275,000
Public Record
Apr 30, 2004
$310,000
Public Record