1862 Dunn, Merced, California 95340, Merced, 95340 - 7 bed, 3 bath
1862 Dunn
Merced, California 95340
Property Price
SUMMARY
Analysis of 1862 Dunn, Merced, California 95340 is currently available with a list price of $650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1940 and described as a 'diamond in the rough,' this property requires substantial rehabilitation. The interior features highly outdated kitchen and bathroom fixtures, worn carpets, and aged wood paneling. The listing explicitly states the home is in need of repairs and significant capital investment to address deferred maintenance and aged infrastructure.
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 = 57064, living area = 2394.
- Strategic Location
Situated less than half a mile from UC Merced, this property offers exceptional potential for student housing, faculty residences, or university-related rentals.
- Development Potential
The property sits on a 1.3-acre subdivided parcel with panoramic views and proximity to additional buildable lots, offering significant upside for investors and developers.
CONSRISKS & DEFICIENCIES
- Significant Repair Needs
Described as a 'diamond in the rough,' the home requires substantial renovation and capital investment to address existing deferred maintenance and repairs.
- Aged Infrastructure
Built in 1940, the property likely features original systems that may require costly modernizations to meet current building codes and buyer expectations.
About 1862 Dunn
A diamond in the rough. This is a rare opportunity to own a home in the country. A fully subdivided home on a 1.3 acre parcel located less than 1/2 mile from UC Merced. This spacious 7 bedroom 3 bathroom home has 2.394 of living space on a 57.064 acre lot. This home is in need of repairs. There is also two 1 acre parcels fully subdivided to the rear of the property ready to build. They can be found in the land for sale listing . The seller is ready to work with the buyer who has a vision for the future.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 57,064 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 3 (3 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 | 7.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 79% |
| Square foot | 2,394 | 1,566 | 86% |
| Lot Size | 57,064 | 7,501 | 99% |
| Price | $650.0K | $360.0K | 92% |
| Price per sq ft | $272 | $245 | 72% |
| Built year | 1940 | 1965 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 171 | 10% |
Pricing History
Listed for Sale
Jan 1, 2026
$650,000
Initial Listing
Sold
May 31, 2018
$240,000
Public Record
Sold
Nov 28, 2012
$240,000
Public Record
Sold
Apr 6, 2009
$240,000
Public Record
Sold
Aug 5, 2005
$850,000
Public Record