1840 Cheyenne Drive, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
1840 Cheyenne Drive
Merced, California 95348
Property Price
SUMMARY
Analysis of 1840 Cheyenne Drive, Merced, California 95348 reveals a Fairly Priced Property with a current list price of $379,000 aligned with the estimated $372,624 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1840 Cheyenne Drive Subject | $379,000* List Price | 3 | 2 | 1,263 | $295 | - |
A 1615 Loughborough Drive Sold | $355,500 | 3 | 2 | 1,263 | $281 | 0.2 mi |
B 1825 Creekside Drive Sold | $320,000 | 3 | 2 | 1,290 | $248 | 0.8 mi |
C 1844 Springfield Court Sold | $355,000 | 3 | 2 | 1,281 | $277 | 0.9 mi |
D 3157 Juneau Court Active Under Contract | $334,999 List Price | 3 | 2 | 1,284 | $261 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant updates that elevate it above its 1976 construction date. Key highlights include a modernized kitchen with granite countertops and stainless steel appliances, wood flooring throughout the living areas, and well-maintained interior spaces. While the bathrooms lack tubs, the overall condition suggests extensive maintenance and partial renovations within the last 15 years, fitting the 'good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen
The kitchen features contemporary granite countertops and stainless steel appliances, offering a move-in-ready space for culinary enthusiasts.
- Versatile Living Spaces
With both a separate living room and a family room featuring a brick fireplace, the home provides a flexible layout suitable for both formal hosting and casual relaxation.
- Expansive Backyard
The property boasts a large backyard with a concrete slab, providing a perfect foundation for outdoor entertaining or future landscaping projects.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1976, the home may require updates to its core systems or energy efficiency to meet modern standards.
- Lack of Bathtubs
Both bathrooms are equipped with shower stalls only, which may be a disadvantage for families with young children or buyers who prefer a soaking tub.
About 1840 Cheyenne Drive
Well-maintained 3-bedroom, 2-bathroom home offering both a separate living room and family room. Wood flooring flows throughout the home. The spacious family room features a large brick fireplace and ceiling fan. The kitchen offers granite countertops, stainless steel appliances, and ample room for a dining table. Each bedroom includes a ceiling fan for added comfort. Both bathrooms are equipped with shower stalls for convenience. Step outside to a generously sized backyard with a concrete slab—ideal for outdoor seating, entertaining, or future customization.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 6,957 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,263 | 1,752 | 14% |
| Lot Size | 6,957 | 6,203 | 65% |
| Price | $379.0K | $429.0K | 23% |
| Price per sq ft | $300 | $247 | 90% |
| Built year | 1976 | 2007 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 160 | 1% |
Pricing History
Listed for Sale
Feb 23, 2026
$379,000
Initial Listing
Sold
Feb 18, 2025
$360,000
Public Record
Sold
Nov 30, 2022
$335,000
Public Record