1490 Cameron Lane, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
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Merced, California 95340
Analysis of 1490 Cameron Lane, Merced, California 95340 is currently available with a list price of $499,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1920 and marketed primarily as a 2-acre development opportunity for 15-17 lots, the 104-year-old structure is obsolete and the property value is based on land use.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 85813, living area = 1008.
The nearly 2-acre infill parcel is zoned R-1-10 with preliminary engineering already in place for 15–17 buildable lots plus ADUs, offering significant upside for builders and investors.
The property features flat topography and utilities located nearby, which significantly simplifies the construction process and reduces initial site preparation costs.
The original 1920s home is likely a tear-down or requires extensive renovation, representing a potential liability rather than an asset for modern development plans.
While preliminary engineering is available, the buyer must still navigate the formal subdivision and permitting process, which involves time-consuming regulatory hurdles.
Builder/Investor Opportunity - This nearly 2-acre infill parcel with existing single family home is currently zoned R-1-10 with preliminary engineering for 15–17 buildable lots + ADU’s. 1490 Cameron Lane presents a rare chance to acquire a nearly 2-acre infill lot in a well-established residential area of Merced. With flat topography and utilities nearby, the site is well-positioned for development. The property offers flat topography, nearby utilities, and a well-established residential setting, making it ideal for a builder’s next residential project. Situated in a desirable neighborhood with convenient access to schools, shopping, and transportation, the site is well positioned for long-term value. Highlights: R-1-10 zoning with preliminary engineering Nearly 2 acres, flat topography, utilities nearby Rare infill parcel in established Merced neighborhood
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,008 | 1,721.5 |
| Lot Size | 85,813.203 | 7,120 |
| Price | $499.0K | $407.4K |
| Price per sq ft | $495 | $253 |
| Built year | 1920 | 2002 |
| HOA | $0 | $108 |
| Days on market | 30 | 62 |
Jul 16, 2026
$499,000
$529,000
-6% Price Drop
Initial Listing
Jun 22, 2026
$529,000
Initial Listing
Feb 6, 2025
$124,125
Public Record
Mar 24, 1998
$80,000
Public Record