Fantastic opportunity for investors to own 132 Acres of potential development land in a prime location just outside the city limits of Merced, an area in the path of growth.
Located within close proximity to Hwy 99 and Campus Parkway with lots of new commercial development including the soon to be completed Hilton Hotel and convention center.
Merced County is one of the fastest growing counties in California, and UC Merced is one of the fastest growing public Universities in the US. The potential upside for residential, commercial, or industrial development is untapped!
This 132 Acre property is located on two parcels. Both parcels are being sold together.
Property has Merced Irrigation District access rights and a well.
There is an older house on the property being sold ‘AS IS’.
For sale
Listing Provided by:
Matthew Ostdiek DRE #01074109 559-470-7785,
Ostdiek Realty
$5,000,000
4321 E Mission Ave, Merced, CA 95341
4beds
2,002sqft
Est.:
Single Family Residence
Built in 1936
132 Acres Lot
$-- Zestimate®
$2,498/sqft
$-- HOA
What's special
- 420 days |
- 108 |
- 2 |
Zillow last checked: 8 hours ago
Listing updated: July 28, 2025 at 02:30pm
Listing Provided by:
Matthew Ostdiek DRE #01074109 559-470-7785,
Ostdiek Realty
Source: CRMLS,MLS#: MC24213059
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Rooms
- Room types: Bedroom
Bedroom
- Features: All Bedrooms Down
Heating
- None
Cooling
- Evaporative Cooling
Appliances
- Laundry: See Remarks
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,002 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Has view: Yes
- View description: Canal, Valley
- Has water view: Yes
- Water view: Canal
Lot
- Size: 132 Acres
- Features: Agricultural, Value In Land
Details
- Additional parcels included: 066010004000
- Parcel number: 066010001000
- Zoning: A-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Septic Tank
- Water: Agricultural Well, Other
Community & HOA
Community
- Features: Rural
Location
- Region: Merced
Financial & listing details
- Price per square foot: $2,498/sqft
- Tax assessed value: $344,436
- Annual tax amount: $4,410
- Date on market: 10/17/2024
- Cumulative days on market: 420 days
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Not available
Estimated sales range
Not available
$2,450/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2025 | Price change | $5,000,000-24.2%$2,498/sqft |
Source:  CRMLS #MC24213059 Report a problem | ||
| 3/10/2025 | Price change | $6,600,000-16.7%$3,297/sqft |
Source: CRMLS #MC24213059 Report a problem | ||
| 10/17/2024 | Listed for sale | $7,920,000$3,956/sqft |
Source: CRMLS #MC24213059 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,410 +4.7% | $344,436 +2% |
| 2024 | $4,214 +2.6% | $337,683 +2% |
| 2023 | $4,105 +1.1% | $331,063 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$30,998/mo
Principal & interest
$24748
Property taxes
$4500
Home insurance
$1750
Climate risks
Neighborhood: 95341
Nearby schools
GreatSchools rating
- 6/10Pioneer Elementary SchoolGrades: K-5Distance: 1.5 mi
- 4/10Weaver Middle SchoolGrades: 6-8Distance: 1.7 mi
- 4/10Golden Valley High SchoolGrades: 9-12Distance: 2.5 mi
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