5078 Palisade Avenue, Merced, California 95348, Merced, 95348 - 5 bed, 3 bath
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Merced, California 95348
This Modern New Construction is a Strong Value Opportunity, listed at $420,000—positioned well below the $439,851 Fair Market Value by 4%. This valuation gap offers $19,851 in Instant Equity for the buyer. Featuring a Condition Rating of 2, this 2023-built home offers a Versatile 5-Bedroom Layout with modern finishes and a secure gated community setting. While the lot size is compact, the turnkey nature of the property makes it an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5078 Palisade Avenue Subject | $420,000* List Price | 5 | 3 | 1,796 | $245 | - |
A 242 Montage Drive Active | $485,000 List Price | 5 | 4 | 1,890 | $257 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and meets the criteria for a new build under 10 years old. The kitchen and bathrooms feature modern finishes, including granite countertops and contemporary cabinetry, and all major systems (HVAC, Electric) are nearly new.
Built in 2023, this home offers contemporary finishes, energy efficiency, and an open-concept layout, providing a turnkey experience for buyers seeking a move-in-ready property.
The rare five-bedroom configuration includes a desirable downstairs bedroom and full bathroom, offering excellent flexibility for multigenerational living, guests, or a home office.
Situated within the PASEO Gated Community, the property provides enhanced privacy and security in one of Merced's growing and desirable residential neighborhoods.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 1860, living area = 1796.
With a lot size of only 1,860 square feet for a 1,791 square foot home, the property offers very limited private outdoor space or backyard utility.
The $120 monthly association fee adds a mandatory ongoing expense to the cost of ownership that is not present in non-gated residential areas.
Welcome to 5078 Palisade Avenue, a beautifully built newer home in one of Merced's growing neighborhoods, PASEO Gated Community. This spacious residence offers 5 bedrooms, 3 full bathrooms, and approximately 1,791 square feet of thoughtfully designed living space, providing flexibility for large families, multigenerational living, guests, or a home office. Built in 2023, the home showcases modern finishes, an open-concept floor plan, and abundant natural light throughout. The well-appointed kitchen opens seamlessly to the dining and living areas, creating the perfect setting for everyday living and entertaining. A desirable downstairs bedroom and full bath offer added convenience and versatility. Upstairs, convenience meets functionality with a walk-in laundry room and linen cabinets thoughtfully placed in the hallway. The shared bathroom features a dual vanity and a separate door for the shower and toilet, ensuring privacy and efficiency for the entire household. Four bedrooms grace the upper level, with two offering spacious walk-in closets, while the Master Bedroom boasts a luxurious walk-in closet and an en-suite bathroom featuring a dual vanity and a separate toilet area for added privacy and comfort. This home is a must see! Some area of home are virtually staged
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,796 | 1,721.5 |
| Lot Size | 1,860 | 7,120 |
| Price | $420.0K | $407.4K |
| Price per sq ft | $234 | $253 |
| Built year | 2023 | 2002 |
| HOA | $120.0 | $108 |
| Days on market | 33 | 62 |
Jun 19, 2026
$420,000
Initial Listing
Jan 29, 2024
$399,000
Public Record
Apr 29, 2022
$6,800,000
Public Record
Jul 7, 2009
$1,650,000
Public Record