Views
Address
3404 McKee Road Merced, CA
Price
$ 650,000
Property Attributes
  • MLS#MC21072609
  • TypeLand
  • CountyMERCED
  • CityMerced
  • Zip95340
  • Style
  • Price$ 650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size2.5 Acres
Listing Provided Courtesy Of:
Melinda Price with Next Door Real Estate.
Data Source:
CRMLS
Property Description

2.5 acre parcel in the city limits with great development potential. Currently zoned R-1 but the site would be perfect for patio homes, townhouses or condominiums. Subject to zone change, the parcel could easily accommodate 20 units and there is currently strong demand for duplexes and other high density residential development in Merced. UC faculty, retirees and busy professionals all find low maintenance housing very appealing, especially this close to UC Merced, Merced Community College, Mercy Hospital, medical and other professional offices, restaurants, shopping and fitness facilities. There is a small 2 bedroom, 1 bath residence on the property that is occupied by long tern tenants but the residence is not a significant portion of the value. The real value is in the land and the development potential. The City of Merced has recently approved lot splits and mixed use development on other McKee Avenue parcels that are in very close proximity to this parcel. The parcel is adjacent to new single family development at the eastern boundary and the Seller is in possession of a current survey. One or more adjacent 2.5 acre parcels may be available for purchase in the future. Call for more details. Water to residence is from private well but City water and sewer services are available. Property also has Merced Irrigation water entitlements.

Price History
4/7/2021 Listed $650,000

General Features

Community Features Suburban
Property Type Land
Terms Cash
Utilities Sewer Available, Water Available
View Neighborhood
Zoning R-1

Exterior Features

Lot Features Corners Marked, Lot Over 40000 Sqft, Rectangular Lot, Value In Land
Lot Size Acres 2.5
Lot Size Area 2.5
Lot Size Square Feet 108900
Lot Size Units Acres
View Y/N Yes
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 95340

Price
AVG $370K
$650K
Visits
AVG 65
1
Walkscore
AVG 30
11
Data Provided by Walkscore ® not using MLS data

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