1463 Esplanade, Merced, California 95348, Merced, 95348 - 4 bed, 3 bath
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1463 Esplanade
Merced, California 95348
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
3Baths
2,374Sq Ft
5,775Lot Size
Property Price
LIST PRICE$449,000
EST. MARKET VALUE
$469,000
4% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $449,000—positioned well below the $469,000 Fair Market Value by 4%. This valuation gap offers $20,000 in Instant Equity for the buyer. The property maintains a Condition Rating of 3, featuring recent interior upgrades like waterproof laminate flooring and new carpet. With a functional 2,374 sqft layout and a private patio, this home is an ideal choice for Owner-Occupants or first-time buyers seeking a move-in ready, centrally located property.
Estimated Market Value
$469,000+$20,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1463 Esplanade Subject | $449,000* List Price | 4 | 3 | 2,374 | $198 | - |
A 3482 Paseo Verde Avenue Sold | $475,000 | 4 | 3 | 1,956 | $243 | 0.8 mi |
B 1376 Tide Sold | $350,000 | 4 | 2 | 1,591 | $220 | 0.3 mi |
C 3583 Sarasota Sold | $405,000 | 3 | 2 | 1,705 | $238 | 0.1 mi |
D 1258 Avignon Sold | $552,000 | 4 | 3 | 2,943 | $188 | 0.8 mi |
E 1151 Mazatlan Sold | $444,888 | 5 | 3 | 2,243 | $198 | 0.7 mi |
F 3406 Lago Court Sold | $442,000 | 4 | 3 | 2,066 | $214 | 0.6 mi |
G 1338 Esplanade Pending | $580,000 List Price | 4 | 3 | 2,405 | $241 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004, this 20-year-old property is well-maintained and functional. It features recent cosmetic updates including new waterproof laminate flooring downstairs and one-year-old carpet upstairs. While the kitchen and bathrooms retain original oak cabinetry and tile countertops that are becoming dated, the home is move-in ready with a double-zone AC system and stainless steel appliances.
PROSSTRENGTHS & OPPORTUNITIES
- Turn-Key Condition
The home is move-in ready with significant recent upgrades, including waterproof laminate flooring downstairs, one-year-old carpeting upstairs, and included essential appliances like the refrigerator, washer, and dryer.
- Spacious Modern Layout
With 2,374 square feet of living space, high ceilings, and a double-zone AC system, the property offers a functional and airy floor plan featuring both formal and informal dining and living areas.
- Strong Value Proposition
A recent $20,000 price reduction combined with a motivated seller makes this 2004-built home a highly competitive option for families or investors seeking a large property in the El Redondo neighborhood.
CONSRISKS & DEFICIENCIES
- Modest School Ratings
The assigned public schools for this address currently hold lower ratings (ranging from 3 to 4), which may be a consideration for education-focused buyers or impact future resale velocity.
- Exterior Completion Needed
While the interior is turn-key, the front yard sprinkler system and landscaping require the new owner's attention to complete, representing an immediate minor project after move-in.
About 1463 Esplanade
Huge price improvement! Motivated seller! This beautiful large home has high ceiling in the living room, full of natural light. Water proof laminate throughout the downstairs with a very large great room family room area and informal dining as well as a formal entry living room and formal dining area . Kitchen opens to the family great room, equipped with stainless steal refrigerator, dishwasher and gas stove and a pantry. One year old carpet upstairs with a spacious master bedroom and large walk-in closet. Three hallway bedrooms, a hallway full bathroom and a dedicated laundry room on the second floor too. Refrigerator, washer and dryer will stay. Double zone AC system. Sprinkler system available for front yard, just needs a new owner to complete this move in ready property. The location is central with walking paths and parks nearby on the bus line and not far from schools and shopping. A peaceful family oriented community in El Redondo neighborhood. Turn key for any picky investor or a family.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 5,775 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
Rudolph Rivera Elementary
Grades K-6 • 1.0 mi
4/10
John Muir Elementary School
Grades K-6 • 2.1 mi
3/10
Franklin Elementary School
Grades K-3 • 2.2 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.3 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,374 | 1,694.749 |
| Lot Size | 5,775 | 6,619.141 |
| Price | $449.0K | $413.1K |
| Price per sq ft | $189 | $254 |
| Built year | 2004 | 2002 |
| HOA | $0 | $108 |
| Days on market | 40 | 66 |
Pricing History
Listed for Sale
Aug 10, 2026
$449,000
$469,000
-4% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$469,000
Initial Listing
Sold
Aug 16, 2017
$310,000
Public Record
Sold
May 20, 2005
$407,000
Public Record