248 Shafer Avenue, Merced, California 95348, Merced, 95348 - 3 bed, 3 bath
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Merced, California 95348
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $415,000—positioned well below the $414,844 Fair Market Value by a negligible margin, reflecting a stable, fair-market price. Built in 2021, the home maintains an Excellent Condition Rating and features Integrated Solar Panels and an Open-Concept Layout. Located in the desirable Bellevue Ranch area near Mercy Medical Center and Merced College, this property offers a low-maintenance lifestyle. It is an ideal acquisition for Healthcare Professionals or First-Time Buyers seeking a turnkey, energy-efficient home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 248 Shafer Avenue Subject | $405,000* List Price | 3 | 3 | 1,555 | $264 | - |
A 172 Korbel Avenue Active | $395,000 List Price | 3 | 3 | 1,555 | $254 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is only 5 years old and remains in mint condition. The kitchen and bathrooms feature modern finishes, including stainless steel appliances and dual sinks, while the systems are nearly new and include energy-efficient solar panels.
Built in 2021, this contemporary home includes integrated solar panels and energy-efficient features, providing significant savings on utility costs and reduced environmental impact.
The property is ideally situated near Mercy Medical Center, Merced College, and CatTracks transit, making it a highly desirable location for healthcare professionals, students, and faculty.
The floor plan maximizes convenience with an open-concept living area, a versatile upstairs loft, dual-sink vanities in multiple bathrooms, and a dedicated upstairs laundry room.
With a lot size of only 2,377 square feet, the outdoor space is quite restrictive, which may be a drawback for buyers seeking a large backyard or privacy from neighbors.
At 1,555 square feet for a three-bedroom home that includes a loft, the individual room dimensions may feel tight for families requiring larger living or storage areas.
Built in 2021 and barely broken in, 248 Shafer Ave offers 3 beds, 3 baths, and 1,555 square feet of clean, modern living. The solar system is fully paid off — no lease, no panel loan to assume — which can help keep energy costs down. Inside, oversized closets handle everything you've got and then some. Set on a low-maintenance 2,377 sq ft lot in North Merced, you're minutes from UC Merced, the hospital, and shopping — everything close, nothing in the way. A rare combination of newer construction, smart energy savings, and an unbeatable location. Comfortable, low-maintenance, and ready for its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,555 | 1,721.5 |
| Lot Size | 2,377 | 7,120 |
| Price | $405.0K | $407.4K |
| Price per sq ft | $260 | $253 |
| Built year | 2021 | 2002 |
| HOA | $0 | $108 |
| Days on market | 57 | 62 |
Jun 8, 2026
$405,000
$415,000
-2% Price Drop
Initial Listing
May 26, 2026
$415,000
Initial Listing
Aug 26, 2024
$420,000
Public Record
Dec 29, 2021
$328,000
Public Record
Mar 10, 2021
$385,000
Public Record
Apr 6, 2012
$1,500,000
Public Record