1490 Cameron Ln Merced, CA 95340
Estimated payment $2,748/month
Highlights
- No HOA
- Views
- No Heating
- Cooling Available
- Laundry Room
About This Home
Builder/Investor Opportunity - This nearly 2-acre infill parcel with existing single family home is currently zoned R-1-10 with preliminary engineering for 6-7 buildable lots, each approved for a duplex with an ADU. That’s 18–21 units as-is, with the potential to accommodate 40+ units through a zoning change. 1490 Cameron Lane presents a rare chance to acquire a nearly 2-acre infill lot in a well-established residential area of Merced. With flat topography and utilities nearby, the site is well-positioned for development. The property offers flat topography, nearby utilities, and a well-established residential setting, making it ideal for a builder’s next residential project. Situated in a desirable neighborhood with convenient access to schools, shopping, and transportation, the site is well positioned for long-term value. Highlights: R-1-10 zoning with preliminary engineering for 5–6 lots Each lot supports a duplex + ADU (15–18 units total) Potential for 40+ units with rezoning Nearly 2 acres, flat topography, utilities nearby Rare infill parcel in established Merced neighborhood Buyer to verify all zoning, entitlements, and development potential with the City of Merced.
Listing Agent
The Local Realty Inc. Brokerage Phone: 866-538-6057 License #01777558 Listed on: 10/01/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,355
Year Built
- Built in 1920
Lot Details
- No Common Walls
- Density is 6-10 Units/Acre
Parking
- 1 Car Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,008 Sq Ft Home
- 1-Story Property
- Laundry Room
- Property Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling Available
- No Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 033050022000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,355 | $382,500 | $357,000 | $25,500 |
| 2024 | $1,355 | $123,916 | $76,954 | $46,962 |
| 2023 | $1,336 | $121,488 | $75,446 | $46,042 |
| 2022 | $1,326 | $119,245 | $74,105 | $45,140 |
| 2021 | $1,326 | $117,989 | $73,748 | $44,241 |
| 2020 | $1,335 | $116,780 | $72,992 | $43,788 |
| 2019 | $1,301 | $114,491 | $71,561 | $42,930 |
| 2018 | $1,186 | $112,247 | $70,158 | $42,089 |
| 2017 | $1,231 | $110,047 | $68,783 | $41,264 |
| 2016 | $1,212 | $107,890 | $67,435 | $40,455 |
| 2015 | $1,193 | $106,271 | $66,423 | $39,848 |
| 2014 | $1,167 | $104,190 | $65,122 | $39,068 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $500,000 | +0.2% | -- | |
| 01/10/2025 01/10/25 | Sold | $499,125 | +24.8% | $495 / Sq Ft | View Prior Sale |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- | |
| 07/25/2024 07/25/24 | For Sale | $399,950 | -- | $397 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $124,125 | Titlevest Agency | |
| Grant Deed | $80,000 | Fidelity National Title Co |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PTP2507488
APN: 033-050-010
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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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