2343 Explorador, Merced, California 95340, Merced, 95340 - 4 bed, 3 bath
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2343 Explorador
Merced, California 95340
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,111Sq Ft
5,036Lot Size
Property Price
LIST PRICE$472,500
EST. MARKET VALUE
$487,916
3% BelowMARKET VALUE
SUMMARY
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $472,500—positioned well below the $487,917 Fair Market Value by 3%. This valuation gap offers $15,417 in Instant Equity for the buyer. Featuring a 2020 build date with an Excellent Condition Rating, this home includes integrated solar panels and a modern quartz kitchen. Its proximity to UC Merced ensures long-term demand, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, energy-efficient lifestyle.
Estimated Market Value
$487,916+$15,416 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 2343 Explorador Subject 4 bd · 3 ba · 2,111 sqft · $231 | $472,500* List Price | 4 | 3 | 2,111 | $231 | - |
A 2367 Explorador Sold 4 bd · 3 ba · 2,111 sqft · $218 · 0.1 mi | $460,000 | 4 | 3 | 2,111 | $218 | 0.1 mi |
B 2377 Mariner Way Sold 3 bd · 2 ba · 2,062 sqft · $216 · 0.4 mi | $445,000 | 3 | 2 | 2,062 | $216 | 0.4 mi |
C 3716 Magellan Sold 3 bd · 2 ba · 1,782 sqft · $241 · 0.3 mi | $430,000 | 3 | 2 | 1,782 | $241 | 0.3 mi |
D 3507 Creekview Court Sold 4 bd · 2 ba · 1,830 sqft · $258 · 0.5 mi | $472,000 | 4 | 2 | 1,830 | $258 | 0.5 mi |
E 1817 Presidio Court Sold 3 bd · 2 ba · 1,823 sqft · $263 · 0.5 mi | $480,000 | 3 | 2 | 1,823 | $263 | 0.5 mi |
F 3635 Quail Sold 3 bd · 2 ba · 1,716 sqft · $265 · 1.0 mi | $455,000 | 3 | 2 | 1,716 | $265 | 1.0 mi |
G 1177 Mirror Lake Sold 3 bd · 2 ba · 1,660 sqft · $247 · 0.9 mi | $410,000 | 3 | 2 | 1,660 | $247 | 0.9 mi |
H 2382 Explorador Active 4 bd · 3 ba · 2,111 sqft · $213 · 0.1 mi | $449,900 List Price | 4 | 3 | 2,111 | $213 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. The interior and exterior show no signs of wear, featuring modern quartz countertops, contemporary cabinetry, updated systems including solar panels, and move-in ready finishes requiring zero maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Energy Efficiency
Built in 2020, this contemporary home includes integrated solar panels, which significantly enhance energy efficiency and help reduce monthly utility costs for the homeowner.
- Strategic Growth Location
Situated in North Merced’s Moraga community near UC Merced and new developments, the property is perfectly positioned to benefit from the area's continued expansion and appreciation.
- Functional Open-Concept Design
The 2,111 sqft layout features a seamless flow between the quartz-clad kitchen and living areas, complemented by a spacious primary suite and a dedicated laundry room with ample storage.
CONSRISKS & DEFICIENCIES
- HOA Regulations
Being part of an HOA community involves additional monthly fees and specific CC&R restrictions that may limit certain homeowner modifications or preferences.
- Limited Outdoor Space
With a lot size of approximately 5,036 sqft, the backyard space is relatively compact for a four-bedroom residence, which may be a drawback for buyers seeking large private yards.
About 2343 Explorador
Welcome to this beautiful two-story home in North Merced’s Moraga community, in a newly subdivision, just minutes from UC Merced and surrounded by exciting new development! This home combines a spacious, open-concept layout with modern finishes and everyday comfort. The heart of the home is the beautiful kitchen, featuring quartz countertops, a large center island, ample cabinet space, and an open layout that flows seamlessly into the living and dining areas—perfect for entertaining or enjoying time at home. Upstairs, the spacious primary suite features a private bathroom with dual sinks and quartz countertops, along with additional bedrooms and a generously sized laundry room with plenty of shelving for linens and storage. The home also features solar, which may help reduce utility costs, and a covered patio for outdoor enjoyment. Located in an HOA community near UC Merced, shopping, family parks, and continued development in North Merced, this home offers a wonderful combination of space, style, and convenience. **Schedule your private showing today!**
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 5,036 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 |
|---|---|---|
| Beds | 4.0 | 3.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,111 | 1,698.064 |
| Lot Size | 5,036 | 6,572.897 |
| Price | $472.5K | $415.4K |
| Price per sq ft | $224 | $253 |
| Built year | 2020 | 2002 |
| HOA | $0 | $108 |
| Days on market | 26 | 68 |
Pricing History
Listed for Sale
Sep 28, 2026
$472,500
Initial Listing
Sold
Feb 27, 2020
$289,000
Public Record