
Merced, California 95340
This Turnkey Single-Family Residence is a High-Potential Investment Opportunity, listed at $485,000—positioned above the $428,794 Fair Market Value. Despite the premium, the property features a Mint Condition Rating following a complete interior-out remodel, including major system upgrades. The expansive 8,643 sq. ft. lot and a versatile 600 sq. ft. attached shop offer significant utility for an ADU or hobby space. With access to a private neighborhood pool and walkable streets, this property is an ideal acquisition for Owner-Occupants or Multigenerational Families seeking a move-in ready, high-utility home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1560 W 23rd Subject | $485,000* List Price | 3 | 2 | 1,184 | $362 | - |
A 1463 W 25th Street Sold | $375,000 | 3 | 2 | 1,128 | $332 | 0.1 mi |
B 1127 W 19th Sold | $340,000 | 2 | 2 | 923 | $368 | 0.5 mi |
C 944 W 18th Sold | $342,500 | 3 | 2 | 1,176 | $291 | 0.7 mi |
D 636 W 25th Active | $339,999 List Price | 2 | 1 | 1,056 | $322 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a complete 'inside out' remodel within the last 5 years, featuring a modern kitchen with stainless steel appliances, updated bathrooms, and new flooring. Major systems including roofing, electrical, and plumbing have been extensively upgraded, meeting the criteria for mint condition with no maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8643, living area = 1184.
The property has been fully remodeled from the inside out, including major system upgrades to the roof, plumbing, and electrical, offering a turnkey experience with modern efficiency.
A 600-square-foot attached shop provides exceptional flexibility for a home gym, workshop, or potential ADU conversion, significantly increasing the property's functional square footage.
At 1,184 square feet for a three-bedroom home, the individual room sizes and common living areas may feel constrained for larger families or those accustomed to modern open-concept scales.
The list price of $485,000 represents a substantial jump from its $170,000 sale price in late 2020, which may lead to buyer scrutiny regarding local market comparables and appraisal values.
Beautifully remodeled from the inside out, this inviting home blends timeless character with thoughtful modern updates—and offers flexibility that’s hard to find. Step inside to a bright, welcoming interior filled with natural light and an easy flow from one space to the next. The remodeled kitchen and bathrooms, updated lighting and windows, indoor laundry and carefully selected finishes create a home that feels polished, warm and ready to enjoy. One of the best features is how naturally the living spaces extend outdoors. Whether hosting friends for a summer barbecue, gathering under the covered patio and gazebo, or enjoying a quiet evening outside, the home and backyard work beautifully together for everyday living and entertaining. An attached 20' x 30' shop provides approximately 600 square feet of versatile bonus space—perfect for a home gym, game room, workshop, studio or hobby space. Buyers may also want to explore its potential for a future ADU or multigenerational living. The fully insulated one-car garage features a new roll-up door and 220V outlet, ideal for EV charging or welding. Outside, the oversized 8,600+ sq. ft. lot offers plenty of room to spread out. Enjoy seasonal fruit trees, plant a garden or entertain beneath the covered outdoor spaces. Thoughtful landscaping provides welcome summer shade while allowing more winter sunlight. Need room for an RV? There’s generous RV parking with full hookups, plus alley access through a 12-foot rolling gate to a concrete pad. Located in a walkable neighborhood with wide, tree-lined streets, the home offers convenient access to shopping, dining, entertainment and nearby trails. A private, members-only neighborhood pool and amenities add another special feature. With extensive improvements to the electrical, roofing, flooring, windows, plumbing and energy efficiency, this home combines the character of an established neighborhood with the updates buyers want today—plus exceptional indoor/outdoor living, flexible bonus space and room to evolve with whatever comes next.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,184 | 1,694.749 |
| Lot Size | 8,643 | 6,619.141 |
| Price | $485.0K | $413.1K |
| Price per sq ft | $410 | $254 |
| Built year | 1953 | 2002 |
| HOA | $0 | $108 |
| Days on market | 23 | 66 |
Aug 17, 2026
$485,000
Initial Listing
Dec 17, 2020
$170,000
Public Record
Jan 10, 2006
$280,000
Public Record
Jul 12, 2002
$148,500
Public Record
Aug 3, 2001
$113,000
Public Record