
Merced, California 95340
This Historic Restoration Project in the prestigious Ragsdale neighborhood is listed at $390,000, representing a stable entry point near its $372,585 Fair Market Value. Boasting a Condition Rating of 4, the residence preserves its 1951 charm with original wood flooring, a wood-burning fireplace, and a private patio. Although the systems require modernization, the 1,674 sq ft floor plan and detached two-car garage provide substantial value-add upside. Situated in the Merced Union High School District, this property is ideal for Buy-and-Hold Investors or Contractors seeking a high-character restoration.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2669 6th Subject | $390,000* List Price | 3 | 3 | 1,674 | $223 | - |
A 425 E 27th Sold | $374,900 | 3 | 2 | 1,467 | $256 | 0.1 mi |
B 2550 5th Avenue Sold | $350,000 | 3 | 2 | 1,584 | $221 | 0.1 mi |
C 2602 10th Avenue Sold | $315,000 | 3 | 2 | 1,468 | $215 | 0.2 mi |
D 2771 Saratoga Avenue Sold | $349,000 | 3 | 2 | 1,551 | $225 | 1.0 mi |
E 2733 10th Avenue Sold | $322,000 | 3 | 2 | 1,188 | $271 | 0.2 mi |
F 2660 6th Ave. Sold | $325,000 | 3 | 2 | 1,510 | $215 | 0.0 mi |
G 3216 El Capitan Active | $345,000 List Price | 3 | 2 | 1,446 | $239 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this home is well-maintained but largely outdated. While it features beautiful original hardwood flooring and fresh interior paint, the kitchen contains older cabinetry and vintage appliances. The listing explicitly describes the property as a restoration project needing modernization of infrastructure and systems. It is functional and livable but requires significant updates to meet modern standards.
Situated in the highly desirable Historic Ragsdale neighborhood, this property offers prestige and timeless appeal in one of Merced's most sought-after and established areas.
The home features classic elements including beautiful wood flooring, a wood-burning fireplace, and a charming breezeway connecting to a detached two-car garage, preserving its 1950s charm.
With 1,674 square feet and a flexible layout that includes a possible third bedroom or home office, the property provides a functional floor plan that can adapt to various lifestyle needs.
The property is explicitly marketed as a restoration project, suggesting that significant investment and effort are needed to update the home to modern standards.
Built in 1951, the home likely requires modernization of major systems such as electrical, plumbing, or HVAC to ensure long-term efficiency and safety for contemporary living.
Located in the desirable Historic Ragsdale neighborhood, this charming home offers classic character and a great opportunity to make it your own. From the moment you arrive, you’ll appreciate the timeless appeal and established surroundings that make this area so sought after. Inside, the home features beautiful wood flooring and a wood-burning fireplace that adds warmth and character to the living space. The layout offers flexibility, including a possible third bedroom—ideal for a home office, guest room, or additional living space. A dedicated laundry room adds everyday convenience. The property includes a detached two-car garage with a breezeway connecting it to the home, offering both functionality and a touch of architectural charm. Full of original character and potential, this home is ready for its next owner to bring their vision and restore it to its full beauty. A unique opportunity in one of Merced’s most recognized historic neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 1,674 | 1,574 | 60% |
| Lot Size | 6,715 | 7,500 | 35% |
| Price | $390.0K | $377.0K | 54% |
| Price per sq ft | $233 | $246 | 39% |
| Built year | 1951 | 1964 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 162 | 1% |
Apr 16, 2026
$390,000
Initial Listing
May 29, 2015
$151,500
Public Record
Jun 17, 2003
$225,000
Public Record