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4240 Los Olivos Rd, Merced, CA 95340

$1.6M4bd · 2ba · 2,561 sqft
Lot 8 sqft•Single Family Residence•
Active
•49d on market•MLS# MC-26182055

Property Description

8.3-acre development site near UC Merced. Property is zoned for a 7 Lot subdivision and goes through to Lake Rd. Perk tests are complete. MID water. The home has a steel-and-wood frame with adobe block walls. Brand-new roof, Windows with a lifetime warranty, and a gorgeous Redwood gazebo with a permanent matching table. One of the best locations in North Merced. 4 Bed 2 Bath 2561 sq ft home with a fully finished barn. Beautiful views of the Sierras. Luxury lot on the top of the hill is 2.27 acres approx. Pre-opened with Peg from Transcounty Title

Features & Amenities

FeeBuilt 1970

Property Details

Land Type
Fee
Year Built
1970
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Merced
Zip Code
95340
County
Merced
Listed byCentury 21 Select Real Estate, Kelly Pirtle

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,090.47
Principal & Interest
Loan Amount
$1,280,000
Total Interest
$1,632,569
Total Payment Over 30 Years
$2,912,569
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

4240 Los Olivos Rd, Merced, CA 95340

Merced · Single Family Residence

$1.6M
Luxury Tier
Beds
4
Baths
2
Sqft
2,561
Lot
8.30 ac
Year
1970
$/Sqft
$625
Pool: No✓
View: mountain✓

Listed 216.8% above the median closed sale of $505,000. Price per sqft ($625) is a 200% premium to closed comps ($208). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.60M· $625/sqft
Total list price
Closed comps
vs closed median $505K
+$1.09M (+216.8%)
Active comps
vs active median $489K
+$1.11M (+227.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $267
+$358 (+133.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2830 Dunn RoadMerced1973422,03143,560$441$895,0008654
2446 ValverdeMerced2020422,2657,797$216$489,0005352
2462 Valverde DriveMerced2021422,2657,797$216$490,0006851
1949 Sierra CourtMerced1972421,9816,966$237$469,0008251
2165 Kimberly AvenueMerced1968431,98910,030$226$450,000151
Total: 5 · Average4.02.22,106.215,230$267.2$558,60058
Median2,031$489,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3424 MckeeMerced197210/02/2026432,678108,900$599,000$505,000$1890.843161
686 Mockingbird CourtMerced200308/31/2026432,52312,480$575,000$570,000$2260.993152
1338 EsplanadeMerced200409/03/2026432,4056,000$580,000$575,000$2390.993451
1295 WildcatMerced200609/24/2026432,3726,395$465,000$465,000$1961.009651
1463 EsplanadeMerced200409/22/2026432,3745,775$449,000$449,000$1891.005151
Total: 5 · Average4.03.02,470.427,910$512,800$512,800$207.8—48.6
Median2,405$505,000$505,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.