For sale

Listed by: Ostdiek Realty • Matthew Ostdiek • Contact: 559-470-7785

$4,950,000

4321 E Mission Ave, Merced, CA 95341

4beds

2,002sqft

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Single Family Residence

Built in 1936

132 Acres Lot

$-- Zestimate^®

$2,473/sqft

$-- HOA

What's special

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’.

628 days

54

0

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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: $2,473/sqft
Tax assessed value: $344,436
Annual tax amount: $4,410
Date on market: 10/17/2024
Cumulative days on market: 628 days
Listing terms: Cash,Conventional,1031 Exchange

Estimated market value

Not available

Estimated sales range

Not available

$2,229/mo

Price history

Date	Event	Price
1/27/2026	Price change	$4,950,000-1%$2,473/sqft
Source: CRMLS #MC24213059 Report a problem
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

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%
2022	$4,061 +0.9%	$324,573 +2%
2021	$4,024 +1.2%	$318,210 +1%
2020	$3,975 +15.4%	$314,948 +2%
2019	$3,446 +3.1%	$308,773 +2%
2018	$3,342 +1.7%	$302,719 +2%
2017	$3,288 -0.8%	$296,785 +2%
2016	$3,315 +6.2%	$290,966 +1.5%
2015	$3,123	$286,597

Find assessor info on the county website

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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