
Atwater, California 95301
This Strong Value Opportunity is a versatile Rural/Agricultural Residential property listed at $800,000, positioned well below the $850,205 Fair Market Value by 5%. This valuation gap offers $50,205 in Instant Equity. Featuring a Condition Rating of 3, the home includes a refurbished pool, multi-bay workshop, and 2.9 acres of flexible land. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turn-key country lifestyle with significant utility and storage potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8043 Sunset Drive Subject | $800,000* List Price | 3 | 2 | 1,986 | $428 | - |
A 3981 Bert Crane Road Active | $720,000 List Price | 3 | 2 | 1,700 | $424 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1962, the property is described as turn-key and well-maintained. The kitchen has been recently refreshed, and the home features solid-core wood flooring and a refurbished swimming pool. The interior and systems appear functional and move-in ready, consistent with a property that has undergone significant maintenance or partial renovation within the last 5-15 years.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 126324, living area = 2550.
The nearly 3-acre corner lot with MID irrigation water and flexible zoning offers endless possibilities for hobby farming, livestock, or orchards, providing a rare level of utility.
Equipped with a multi-bay workshop, pole barn, and Conex container, the property provides massive value for contractors, hobbyists, or those needing extensive RV and equipment parking.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2550, other record living area = 1986.
Originally built in 1962, the home may have aging core systems that lack the energy efficiency and modern standards found in newer agricultural residential builds.
The combination of nearly three acres of land, a swimming pool, and multiple outbuildings requires a significant and ongoing commitment of time and capital for proper upkeep.
Nearly 3 Acres of Opportunity - Shop Barn Pool Endless Possibilities Experience the perfect blend of country living and modern comfort on this turn-key 2.9 acre corner property. Offering approximately 1,986 square feet of well-maintained living space, this versatile Rural/Agricultural Residential property is ideal for those seeking room to live, work, and enjoy the outdoors. Inside, you'll find warm solid-core wood flooring, a recently refreshed kitchen, a spacious primary suite, and a cozy pellet stove that creates a welcoming atmosphere year-round. Step outside to your private backyard retreat featuring a completely refurbished swimming pool with a sand filtration system, an expansive covered patio, and beautifully maintained landscaping designed for entertaining or relaxing. The property's extensive improvements provide exceptional flexibility for a variety of rural lifestyles. Whether you're interested in hobby farming, horses, gardening, outdoor recreation, or simply need space for your equipment and toys, this property offers endless possibilities. Property Highlights Approximately 2.9 acre corner parcel Approximately 1,986 sq. ft. single-story home Turn-key condition Recently refreshed kitchen Solid-core wood flooring Spacious primary bedroom Pellet stove Completely refurbished swimming pool with sand filtration system Expansive covered patio Large, lush landscaped yard Multi-bay shop/workshop Pole barn Additional covered parking Conex storage container RV, boat, trailer, and equipment parking MID irrigation water Plenty of room for gardens, orchards, vineyards, horses, livestock, and 4-H or FFA projects (buyer to verify) Rural/Agricultural Residential zoning offering outstanding flexibility for country living (buyer to verify all permitted uses with Merced County) Conveniently located while offering the privacy and freedom of rural living, this exceptional property presents an outstanding opportunity for buyers seeking acreage, a shop, pool, outbuildings, and space to create their ideal country lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,986 | 1,927.5 |
| Lot Size | 126,324 | 7,361.5 |
| Price | $800.0K | $457.1K |
| Price per sq ft | $403 | $270 |
| Built year | 1962 | 1993 |
| HOA | $0 | $95 |
| Days on market | 6 | 61 |
Jul 16, 2026
$800,000
Initial Listing
Sep 24, 2003
$400,000
Public Record
Feb 28, 2003
$350,000
Public Record
Nov 20, 2000
$254,000
Public Record
Jun 10, 1999
$205,000
Public Record