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17962 Merrill Avenue, Fontana, California 92335, Fontana, 92335 - 3 bed, 2 bath

17962 Merrill Avenue, Fontana, California 92335 home-pic-0
ACTIVE$574,900
17962 Merrill Avenue, Fontana, California 92335
3Beds
2Baths
1,260Sqft
10,150Lot

Price Vs. Estimate

The estimated value ($570,831.95) is $4,068.05 (0%) lower than the list price ($574,900). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 10150, living area = 1260.
Top Cons:
Age of Construction: Built in 1956, the property likely requires significant updates and modernization to meet contemporary standards and buyer expectations, implying potential renovation costs.

Compared to the nearby listings

Price:$574.9K vs avg $562.5K (+$12,400)54%
Size:1,260 sqft vs avg 1,285 sqft46%
Price/sqft:$456 vs avg $43461%

More Insights

Built in 1956 (69 years old).
Condition: Built in 1956, this property is an older home that has received some cosmetic updates, such as flooring, paint, and what appears to be updated kitchen cabinets and countertops. However, the presence of popcorn ceilings, a dated fireplace, and the general aesthetic suggest these updates are not recent or extensive enough to meet modern standards. The exterior and landscaping also show signs of age and deferred maintenance. While livable, the property requires further updates and modernization, particularly in the kitchen and bathrooms (which are not fully visible but likely consistent with the home's age and partial renovations), to align with contemporary buyer expectations. The listing description itself highlights 'untapped potential' and being 'ready for your vision,' reinforcing the need for significant renovation.
Year Built
1956
Close
-
List price
$575K
Original List price
$599K
Price/Sqft
$456
HOA
-
Days on market
-
Sold On
-
MLS number
OC25192074
Home ConditionFair
Features
Patio
View-

About this home

Welcome to 17962 Merrill Avenue – a property offering an outstanding blend of space, location, and untapped potential. This well-situated home, built in 1956, includes 3 bedrooms, 2 bathrooms, and 1,260 square feet of living space, complete with an attached two-car garage. What truly sets this property apart is the exceptional 10,150 square foot lot – fully usable, private, and designed for convenience and future possibilities. The circular entry driveway provides ample parking for residents and guests, with plenty of additional space that may accommodate RV parking. Nestled in a prime location, this home offers easy access to schools, shopping centers, dining options, and major freeways – making daily commutes and errands effortless. Whether you're a homeowner looking for room to grow, or an investor recognizing a rare opportunity, this property delivers both immediate functionality and long-term potential. Imagine expanding the existing home, creating outdoor living spaces, or exploring ADU possibilities – all within a sought-after and convenient neighborhood. This is more than a house – it's a smart investment in a fantastic location, ready for your vision.

Condition Rating
Fair
Built in 1956, this property is an older home that has received some cosmetic updates, such as flooring, paint, and what appears to be updated kitchen cabinets and countertops. However, the presence of popcorn ceilings, a dated fireplace, and the general aesthetic suggest these updates are not recent or extensive enough to meet modern standards. The exterior and landscaping also show signs of age and deferred maintenance. While livable, the property requires further updates and modernization, particularly in the kitchen and bathrooms (which are not fully visible but likely consistent with the home's age and partial renovations), to align with contemporary buyer expectations. The listing description itself highlights 'untapped potential' and being 'ready for your vision,' reinforcing the need for significant renovation.
Pros & Cons

Pros

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 = 10150, living area = 1260.
Large & Usable Lot: The property boasts an exceptional 10,150 sq ft lot, fully usable and private, offering significant outdoor potential and flexibility.
Development Potential: Offers clear opportunities for expansion, creating outdoor living spaces, or exploring Accessory Dwelling Unit (ADU) possibilities, catering to growth-oriented buyers or investors.
Prime Location & Accessibility: Strategically located with easy access to schools, shopping centers, dining options, and major freeways, enhancing daily convenience and commute efficiency.
Ample & RV-Friendly Parking: Features a circular entry driveway providing extensive parking for residents and guests, with additional space that may accommodate RV parking.
Investment Value: Positioned as a smart investment with long-term potential, appealing to both homeowners looking for room to grow and investors recognizing a rare opportunity.

Cons

Age of Construction: Built in 1956, the property likely requires significant updates and modernization to meet contemporary standards and buyer expectations, implying potential renovation costs.
Absence of Views: The property explicitly states 'None' for views, which may detract from its appeal compared to properties offering scenic outlooks.
Recent Price Reductions: Multiple price drops from the original listing suggest potential overpricing or challenges in attracting buyer interest at previous price points.

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