$4,249,000
$548K PRICE DROP

1240 Pacific Dr Merced, CA 95348

Estimated payment $27,715/month

Total Views 5,031
10 Acres
$412,124 Price per Acre
449,104 Sq Ft Lot

Highlights

  • 10.31 Acre Lot
  • Corner Lot
  • Dog Park
  • El Capitan High School Rated A-
  • No HOA
  • 4-minute walk to Merino Park

About This Lot

Incredible 10+ acre parcel ready to be turned into housing in the heart of Merced. Zoned R-4 max density residential allowing 20-36 units per acre (buyer to check with City of Merced). Situated just off the corner of Yosemite and R St, you won't find a better location. Easy and convenient access to UC Merced, Merced College, local high schools, elementary schools, grocery stores, cafes, restaurants, and walking paths. Black Rascal Creek runs adjacent to the property providing for a gorgeous serene setting where you can enjoy nature in it's finest. You'll find a neighborhood dog park at the rear of the parcel providing great convenience for your future tenants. Walking paths extend underneath R Street and provide for great access on foot from this parcel. A bus stopped is planned for the front of the parcel along Pacific. The City of Merced continues to experience tremendous growth in both population, economic development, and the expansion of UC Merced. The need for housing is urgent and the City of Merced is very much in favor of the residential development of this property. Contact agent for details.

Listing Agent

Cristen Fazal

The Team Realty Brokerage Phone: 415-640-0868 License #01881046 Listed on: 04/11/2025

Property Details

Property Type

  • Land

Lot Details

  • 10.31 Acre Lot
  • Corner Lot
  • Corners Of The Lot Have Been Marked
  • Property is zoned R-4

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 206040020000

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: No
  • Zoning: R-4
  • Property Type: Land
  • Parcel Number: 206040020000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 9.46

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Corners Marked
  • Lot Size Sq Ft: 449103.60
  • Lot Size Acres: 10.3100

Multi Family

  • Lot Size Area: 10.3100 Acres

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Price Changed $4,249,000 -11.4% --
04/11/2025 04/11/25 For Sale $4,797,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC25080365

California Regional Multiple Listing Service (CRMLS)

California Merced County Merced 95348

1240 Pacific Dr, Merced, CA

This home is located at 1240 Pacific Dr, Merced, CA 95348 and is currently priced at $4,249,000. 1240 Pacific Dr is a home located in Merced County with nearby schools including Franklin Elementary School, Rudolph Rivera Middle School, and El Capitan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Cristen Fazal
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The Team Realty
(888) 851-6583