3138 Blue Water Drive 188, Merced, California 95341, Merced, 95341 - 4 bed, 3 bath
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3138 Blue Water Drive 188
Merced, California 95341
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,842Sq Ft
5,125Lot Size
Property Price
LIST PRICE$468,990
EST. MARKET VALUE
$459,466
SUMMARY
This Modern New Construction is a Strong Value Opportunity, listed at $468,990—positioned well above the $459,466 Fair Market Value by 2%. While priced slightly above the current estimation, this 2026 build offers an Excellent Condition Rating with high-end finishes like quartz countertops and stainless-steel appliances. The efficient split floor plan maximizes the 1,842 square feet, providing a turnkey lifestyle in the Merced Union school district. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a brand-new, low-maintenance home.
Estimated Market Value
$459,466
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 |
|---|---|---|---|---|---|---|
★ 3138 Blue Water Drive 188 Subject 4 bd · 3 ba · 1,842 sqft · $249 | $468,990* List Price | 4 | 3 | 1,842 | $249 | - |
A 115 Sugar Creek Lane 160 S2 Sold 4 bd · 3 ba · 1,842 sqft · $253 · 0.1 mi | $465,475 | 4 | 3 | 1,842 | $253 | 0.1 mi |
B 117 Squaw Valley Dr. Sold 4 bd · 3 ba · 1,750 sqft · $263 · 0.1 mi | $460,912 | 4 | 3 | 1,750 | $263 | 0.1 mi |
C 134 Squaw Valley Dr. Sold 4 bd · 2 ba · 1,969 sqft · $231 · 0.1 mi | $455,000 | 4 | 2 | 1,969 | $231 | 0.1 mi |
D 76 Sugar Creek Court 59 S2 Sold 4 bd · 3 ba · 1,842 sqft · $242 · 0.2 mi | $444,990 | 4 | 3 | 1,842 | $242 | 0.2 mi |
E 104 Squaw Valley Dr. Sold 4 bd · 2 ba · 1,969 sqft · $233 · 0.1 mi | $458,700 | 4 | 2 | 1,969 | $233 | 0.1 mi |
F 53 Sugar Creek Court 53 S2 Sold 4 bd · 3 ba · 1,842 sqft · $241 · 0.2 mi | $443,990 | 4 | 3 | 1,842 | $241 | 0.2 mi |
G 51 Squaw Valley Ct. Sold 4 bd · 3 ba · 1,750 sqft · $256 · 0.1 mi | $448,722 | 4 | 3 | 1,750 | $256 | 0.1 mi |
H 127 Sugar Creek Lane 159 S2 Sold 4 bd · 2 ba · 1,509 sqft · $272 · 0.1 mi | $410,000 | 4 | 2 | 1,509 | $272 | 0.1 mi |
I 156 Sugar Creek Court 47 S2 Pending 4 bd · 3 ba · 1,842 sqft · $251 · 0.2 mi | $461,490 List Price | 4 | 3 | 1,842 | $251 | 0.2 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.
New construction (2026) featuring a modern kitchen with quartz countertops, shaker cabinetry, stainless steel appliances, and brand new systems throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
As a 2026 build, the home features contemporary finishes including quartz countertops, shaker-style cabinetry, and brand-new Whirlpool stainless-steel appliances, ensuring move-in readiness and energy efficiency.
- Efficient Split Floor Plan
The 'Coolidge' model offers a highly functional layout with a secluded primary suite and a Jack-and-Jill bathroom for secondary bedrooms, providing excellent privacy and flow for families.
- High Utility-to-Space Ratio
With 4 bedrooms and 3 full bathrooms thoughtfully integrated into 1,842 square feet, the property maximizes living utility and provides versatile space for guests or a home office.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
The 5,125 square foot lot is relatively compact for a four-bedroom home, which may restrict extensive outdoor landscaping or large-scale backyard activities.
- Construction Lead Time
Given the 2026 completion year, the property is likely under construction or in pre-construction, making it unsuitable for buyers requiring immediate occupancy.
About 3138 Blue Water Drive 188
The Coolidge is a single-story, split floor plan home offering four bedrooms, three bathrooms, and approximately 1,842 square feet of living space. Designed for both privacy and connection, the open great room, living area, and kitchen create an ideal entertaining hub. The kitchen showcases quartz countertops, shaker-style cabinetry, a center island with snack bar, walk-in pantry, and Whirlpool® stainless-steel appliances. The secluded primary suite includes dual vanity sinks and a large walk-in closet, while two front bedrooms share a convenient Jack-and-Jill bathroom. A fourth bedroom and additional full bath near the laundry room provide added versatility.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 5,125 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 | 1,842 | 1,698.064 |
| Lot Size | 5,125 | 6,572.897 |
| Price | $469.0K | $415.4K |
| Price per sq ft | $255 | $253 |
| Built year | 2026 | 2002 |
| HOA | $0 | $108 |
| Days on market | 4 | 68 |
Pricing History
Listed for Sale
Oct 20, 2026
$468,990
Initial Listing