
Atwater, California 95301
This Value-Add Residential Asset is listed at $298,888, positioned slightly above its $290,914 Fair Market Value. Marketed as a "blank canvas" with a Condition Rating of 4, the property requires a comprehensive renovation to unlock its forced appreciation potential. The expansive 6,892 sqft Corner Lot represents the primary value driver, offering significant utility for an Accessory Dwelling Unit (ADU) or footprint expansion. Situated within walking distance of Bellevue Elementary School, the location ensures strong long-term demand. This property is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-upside project in the Atwater market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2113 Gleneagle St Subject | $315,000* List Price | 3 | 1 | 983 | $301 | - |
A 1057 Fairway Sold | $355,000 | 3 | 2 | 1,067 | $333 | 0.9 mi |
B 1666 Vann Ter Sold | $360,000 | 3 | 2 | 1,044 | $345 | 0.6 mi |
C 276 E Juniper Sold | $340,000 | 4 | 2 | 1,296 | $262 | 0.5 mi |
D 2317 High Sold | $350,000 | 3 | 2 | 1,185 | $295 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997 (27 years old), the property is explicitly marketed as a fixer-upper and 'blank canvas.' While it has functional 'bones,' the age and description indicate the home is dated and requires cosmetic updates and potential system overhauls to meet modern standards.
Priced competitively under $300,000, this property serves as an ideal 'blank canvas' for investors or buyers looking to build immediate sweat equity through a custom renovation.
The sprawling 6,892 sqft corner lot offers rare flexibility for the area, providing ample space for a substantial backyard, home expansion, or the construction of an Accessory Dwelling Unit (ADU).
Situated in a sought-after Atwater neighborhood, the home is conveniently located within walking distance (0.45 miles) of Bellevue Elementary and close to other top-rated local schools.
As a designated 'fixer-upper' and 'diamond in the rough,' the property requires significant capital investment and renovation work before it is move-in ready.
At only 983 square feet for a 3-bedroom configuration, the living spaces are relatively compact, which may feel restrictive for larger families or those seeking modern open-concept layouts.
Unlock the potential at 2113 Gleneagle St, a prime real estate opportunity featuring a 1997-built home situated on a sprawling corner lot in a highly sought-after Atwater, CA neighborhood. This 3-bedroom, 2-bathroom property boasts "great bones" and a functional floor plan, serving as the perfect blank canvas for a custom home renovation or a high-yield investment property. Ideally suited for those looking to build sweat equity, this fixer-upper is priced to sell and offers incredible value in the current California housing market. The oversized lot provides significant room for expansion, an ADU (Accessory Dwelling Unit), or a backyard oasis, making it a rare find for growing families and savvy real estate investors alike. We have included conceptual photos to showcase the stunning transformation possible with a modern vision. Located near local amenities and top-rated schools, this Atwater home for sale combines location, potential, and affordability. Whether you are looking for your first home to flip or a long-term rental investment, this property offers the creative freedom to design your dream space from the ground up. Don't miss out on this high-potential corner lot listing—value-priced and ready for its next chapter, 2113 Gleneagle St is the best deal in Merced County. Schedule your private showing today to explore the endless possibilities of this diamond in the rough and secure a fantastic deal on a home with massive appreciation potential!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.7 mi
Grades 7-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 983 | 1,716 | 3% |
| Lot Size | 6,892 | 7,798 | 31% |
| Price | $315.0K | $465.0K | 6% |
| Price per sq ft | $320 | $268 | 78% |
| Built year | 1997 | 1989 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 173 | 2% |
May 21, 2026
$315,000
$298,888
+5% Price Increase
Initial Listing
May 6, 2026
$298,888
Initial Listing
Oct 31, 1997
$66,500
Public Record