1703 Monte Grosso Drive, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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1703 Monte Grosso Drive
Merced, California 95340
ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,009Sq Ft
9,006Lot Size
Property Price
LIST PRICE$480,000
EST. MARKET VALUE
$468,145
SUMMARY
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $480,000—positioned above the $468,145 Fair Market Value. While priced slightly above market, the property maintains a Condition Rating of 3, featuring modern solar panels and well-maintained interiors. The expansive 9,006 sqft lot offers significant utility, providing a high-potential asset for those seeking long-term stability. With its generous 2,009 sqft floor plan, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a move-in ready property in an established neighborhood.
Estimated Market Value
$468,145
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 |
|---|---|---|---|---|---|---|
★ 1703 Monte Grosso Drive Subject 3 bd · 2 ba · 2,009 sqft · $233 | $480,000* List Price | 3 | 2 | 2,009 | $233 | - |
A 1723 Monte Grosso Sold 3 bd · 2 ba · 2,068 sqft · $241 · 0.0 mi | $499,000 | 3 | 2 | 2,068 | $241 | 0.0 mi |
B 2761 Lexington Ave. Sold 3 bd · 3 ba · 1,775 sqft · $231 · 0.3 mi | $410,000 | 3 | 3 | 1,775 | $231 | 0.3 mi |
C 2882 El Camino Real Sold 3 bd · 2 ba · 1,908 sqft · $294 · 0.3 mi | $560,000 | 3 | 2 | 1,908 | $294 | 0.3 mi |
D 2163 Bennington Court Sold 3 bd · 2 ba · 2,034 sqft · $224 · 0.4 mi | $455,000 | 3 | 2 | 2,034 | $224 | 0.4 mi |
E 3067 Marie Court Sold 4 bd · 2 ba · 1,920 sqft · $240 · 0.7 mi | $460,000 | 4 | 2 | 1,920 | $240 | 0.7 mi |
F 385 Emerald Sold 3 bd · 2 ba · 1,706 sqft · $226 · 0.9 mi | $385,000 | 3 | 2 | 1,706 | $226 | 0.9 mi |
G 1146 Gregory Court Sold 3 bd · 2 ba · 1,825 sqft · $238 · 0.9 mi | $435,000 | 3 | 2 | 1,825 | $238 | 0.9 mi |
H 1445 Cameron Lane Sold 3 bd · 2 ba · 1,517 sqft · $247 · 0.2 mi | $375,000 | 3 | 2 | 1,517 | $247 | 0.2 mi |
I 1430 Jackson Court Active 4 bd · 2 ba · 1,743 sqft · $246 · 0.2 mi | $429,000 List Price | 4 | 2 | 1,743 | $246 | 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.
Although built in 1985 (39 years old), the property presents as well-maintained and move-in ready. The exterior shows excellent curb appeal with manicured landscaping and the addition of solar panels, indicating investment in modern systems. Visible interior finishes like the fireplace and flooring suggest mid-life updates (5-15 years) that keep the home functional and above a 'Fair' or 'Poor' rating.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9006, living area = 2009.
- Generous Living Space
At 2,009 square feet for a three-bedroom configuration, the property offers an expansive interior layout, providing larger-than-average room sizes and comfortable common areas.
- Substantial Lot Size
The 9,006 square foot lot provides significant outdoor utility, offering ample space for landscaping, private recreation, or potential future additions in an established neighborhood.
CONSRISKS & DEFICIENCIES
- Aging Construction
Built in 1985, the home may require capital improvements or modernization of major mechanical systems and cosmetic finishes to meet the expectations of contemporary buyers.
- Bedroom-to-Square-Footage Ratio
While the home is spacious, a 2,000+ square foot footprint typically supports four bedrooms; the three-bedroom limit may reduce appeal for larger families seeking maximum utility.
About 1703 Monte Grosso Drive
Exceptional opportunity in Merced. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 9,006 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 2,009 | 1,698.064 |
| Lot Size | 9,006 | 6,572.897 |
| Price | $480.0K | $415.4K |
| Price per sq ft | $239 | $253 |
| Built year | 1985 | 2002 |
| HOA | $0 | $108 |
| Days on market | 13 | 68 |
Pricing History
Listed for Sale
Oct 11, 2026
$480,000
Initial Listing
Sold
Oct 26, 2023
$465,000
Public Record
Sold
Mar 31, 2000
$197,000
Public Record