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 $539,000. 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.
The property is a 1920s-built residence situated on nearly 2 acres of land, marketed explicitly as a 'Builder & Investor Opportunity' for a 17-lot subdivision. Given the age of the structure (over 100 years), the lack of interior photos or mentions of updates, and the listing's focus on land value and development potential, the existing home is considered a tear-down to make way for its highest and best 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 offers significant investment upside with preliminary engineering indicating potential for at least 17 single-family lots plus ADUs.
The property features flat, usable land with nearby utilities already in place, significantly reducing site preparation costs and development complexity.
The projected lot yield is based on preliminary engineering; buyers face the risk and cost of verifying zoning and securing final city approvals.
The 1920s-built residence likely requires demolition or extensive remediation, adding an immediate cost burden to the development project.
Builder & Investor Opportunity with preliminary engineering indicating potential for a minimum of 17 buildable single-family lots + ADU's. Nearly 2-acre infill parcel located in an established Merced neighborhood. The property includes an existing 2-bedroom, 1-bath single-family residence and is currently zoned R-1-10. The site offers flat, usable topography, nearby utilities, and a desirable infill setting surrounded by existing homes—an ideal foundation for a residential development project. Conveniently located near schools, shopping, and major transportation routes, 1490 Cameron Lane is well positioned for both near-term development and long-term value. Buyer to verify zoning, density, and development potential with the City of Merced.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,008 | 1,571 | 9% |
| Lot Size | 85,813.203 | 7,500 | 98% |
| Price | $539.0K | $381.0K | 87% |
| Price per sq ft | $535 | $246 | 99% |
| Built year | 1920 | 1964 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 161 | 20% |
Apr 8, 2026
$539,000
$549,000
-2% Price Drop
Initial Listing
Feb 4, 2026
$549,000
Initial Listing
Feb 6, 2025
$124,125
Public Record
Mar 24, 1998
$80,000
Public Record