2967 Capella Drive, Merced, California 95341, Merced, 95341 - 4 bed, 2 bath
2967 Capella Drive
Merced, California 95341
Property Price
SUMMARY
Analysis of 2967 Capella Drive, Merced, California 95341 reveals a Fairly Priced Property with a current list price of $469,500 aligned with the estimated $469,500 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2967 Capella Drive Subject | $469,500* List Price | 4 | 2 | 1,827 | $257 | - |
A 123 Blueberry Lane 10 Sh Sold | $448,000 | 4 | 3 | 1,842 | $243 | 0.4 mi |
B 111 Blueberry Lane 9 Sh Sold | $422,500 | 4 | 2 | 1,509 | $280 | 0.4 mi |
C 101 River Oak Drive 172 Se Sold | $405,000 | 4 | 2 | 1,509 | $268 | 0.5 mi |
D 74 Blueberry Lane 31 Sh Sold | $424,990 | 4 | 2 | 1,509 | $282 | 0.5 mi |
E 64 River Oak Court 47 Se Sold | $422,500 | 4 | 3 | 1,842 | $229 | 0.5 mi |
F 352 Sable Court 62 Ar Sold | $397,990 | 4 | 2 | 1,509 | $264 | 1.0 mi |
G 3151 Yuba River Dr. Active | $485,590 List Price | 4 | 2 | 1,960 | $248 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a new construction home built in 2025, meeting the highest quality standards. The property features a modern open floor plan with a high-end kitchen including an oversized island, soft-close cabinetry, and stainless steel appliances. All systems, including the all-electric utilities and solar, are brand new with no physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Investment Location
Situated in the rapidly expanding Campus Parkway corridor near UC Merced, this property offers significant long-term appreciation potential driven by nearby infrastructure and commercial growth.
- Modern Energy Efficiency
As a 2025 new construction, the home features all-electric living and affordable solar through MID, providing modern sustainability and lower utility costs for the homeowner.
- Enhanced Backyard Privacy
The lot is uniquely positioned with no two-story homes behind it, offering a level of privacy and openness that is rare in high-density new development subdivisions.
CONSRISKS & DEFICIENCIES
- Market Price Adjustment
A recent price reduction from the original listing suggests the property may have faced initial challenges with market positioning or local demand at the higher price point.
- Developing Infrastructure
Being in a high-growth area often entails ongoing construction noise, dust, and a temporary lack of established retail and services in the immediate walking vicinity.
About 2967 Capella Drive
Located in the heart of Campus Parkway, Capella Terrace sits in one of Merced’s fastest-growing areas with UC Merced expansion, new infrastructure, and future commercial development nearby—making this a prime location to invest in now. This high-quality, single-story home offers 4 bedrooms and 2 bathrooms with a spacious entry, a front guest bedroom or home office, and an open floor plan anchored by a large oversized island. The kitchen features soft-close cabinetry, walk-in pantry, and maximized storage under the island, while the primary suite includes a walk-in closet. Finished with smooth satin-painted walls and a fully finished garage, the home also offers all-electric living, MID with affordable solar, and is located in the Weaver Union School District. The backyard includes a covered patio, room for a future pool, and no two-story homes behind, providing added privacy. Quality construction, smart design, and a premier Campus Parkway location make this an exceptional opportunity.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 6,692 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 | 4.0 | 3.0 | 59% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,827 | 1,509 | 77% |
| Lot Size | 6,692 | 5,740 | 72% |
| Price | $469.5K | $395.0K | 89% |
| Price per sq ft | $257 | $261 | 47% |
| Built year | 2025 | 2021 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 183 | 148 | 70% |
Pricing History
Listed for Sale
Feb 28, 2026
$469,500
Initial Listing
Price Change
Sep 5, 2025
$489,000
Initial Listing