789 Yosemite, Merced, California 95340, Merced, 95340 - 3 bed, 1 bath
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Merced, California 95340
This Versatile Residential Asset is listed at $299,999, offering a stable and accessible entry point closely aligned with its $296,459 Fair Market Value. Boasting a Condition Rating of 4, the home features fresh interior paint and new carpeting, ensuring a move-in ready experience. The property’s significant upside lies in its expansive 7,500-square-foot lot and detached two-car garage, which presents a prime opportunity for an ADU conversion or future expansion. Situated within the Merced Union High School District, this listing balances immediate functional living with long-term equity potential. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking affordability and versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 789 Yosemite Subject | $299,999* List Price | 3 | 1 | 1,032 | $287 | - |
A 200 E 27th Sold | $320,000 | 2 | 1 | 1,124 | $285 | 0.9 mi |
B 2733 10th Avenue Sold | $322,000 | 3 | 2 | 1,188 | $271 | 0.8 mi |
C 204 W 25th Sold | $210,000 | 3 | 1 | 933 | $225 | 1.0 mi |
D 1550 Primrose Avenue Sold | $355,000 | 3 | 2 | 1,444 | $246 | 0.8 mi |
E 1595 E 26th St Sold | $354,000 | 3 | 3 | 1,024 | $346 | 0.8 mi |
F 2319 Wood Active | $279,900 List Price | 3 | 1 | 910 | $308 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property has received recent cosmetic updates including fresh interior paint and new carpeting, the kitchen remains outdated with older cabinetry and electric coil appliances. Built in 1953, the home shows significant age in its core systems and exterior, and the landscaping is currently unmaintained, fitting the criteria for a functional but aged property requiring further modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1032.
Priced under $300,000 for a three-bedroom home, this property represents a rare and highly affordable entry point for first-time buyers and investors in the Merced market.
The generous 7,500-square-foot lot and detached two-car garage offer significant potential for an ADU conversion or future expansion, providing a pathway for rental income or increased equity.
The residence features only one bathroom for three bedrooms, which may be a logistical challenge for families or reduce its appeal compared to homes with a primary suite.
At 1,032 square feet, the living space is relatively small for a three-bedroom layout, potentially resulting in smaller individual room sizes and limited storage options.
Is there a move-in ready 3-bed home in Merced under $300K with a large lot and future income potential? This property at 789 Yosemite Pkwy checks the boxes with fresh updates, a detached garage, and space to expand, offering both immediate comfort and long-term upside for buyers. Welcome to 789 Yosemite Pkwy, Merced, CA 95340. This well-maintained 3-bedroom, 1-bath home offers 1,032 square feet of functional living space on a generous 7,500 square foot lot. Recent updates include new interior paint and brand new carpet, creating a clean and inviting environment ready for its next owner. The layout is practical and efficient, making it ideal for first-time buyers, downsizers, or investors seeking a solid rental opportunity. Natural light fills the living areas, while the refreshed interior provides a move-in ready experience without the need for immediate renovations. One of the standout features of this property is the detached two-car garage, which presents potential for an ADU conversion (buyer to verify). This adds a valuable opportunity for additional living space or future rental income, increasing the property's versatility and long-term value. The spacious lot offers ample room for outdoor use, expansion, or customization to fit your needs. Whether you envision a garden, entertaining space, or future development, the lot size provides flexibility that is increasingly hard to find at this price point. Positioned in Merced, this home offers convenient access to local amenities, schools, and commuter routes, making daily living simple and accessible. If you have been searching for a 3-bed home in Merced under $300K, this property delivers a rare combination of affordability, updates, and potential. Contact us today to schedule your private tour and explore the possibilities this home has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,032 | 1,568 | 11% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $300.0K | $375.0K | 13% |
| Price per sq ft | $291 | $246 | 82% |
| Built year | 1953 | 1964 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 162 | 2% |
Apr 6, 2026
$299,999
Initial Listing
Feb 16, 2010
$37,000
Public Record
May 24, 2007
$160,000
Public Record
Feb 9, 2004
$150,000
Public Record
Apr 25, 2002
$105,000
Public Record
Jul 23, 1997
$78,000
Public Record