5 months on rocket

1557 E Gerard, Merced, CA, 95341

$4,089,750

54.53 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewOrchard
MLS #MC24075471
Lot Size54.53 Acres
StatusActive

About 1557 E Gerard

Portfolio land listing for sale! This is a chance to acquire a total of 4 parcels collectively located off Gerard Ave and Tyler Rd. Situated in southeast Merced, these parcels are conveniently close to the city limits and Hwy 99/UC Merced Campus Expressway, an area anticipated for significant growth and development. The city sewer lines are accessible at Gerard Ave, with plans to extend additional utilities to Mission Ave to support new developments. The vicinity is experiencing robust residential expansion near Mission Ave and retail growth at the new Gateway Marketplace by Hwy 99. All properties are zoned M-2 for heavy industrial/manufacturing use and align with the City of Merced's General Plan for industrial development. The first parcel spans 19.57 acres with income-generating walnut trees and double line drip irrigation. The second is a 9.97-acre parcel with almond trees, also with double line drip irrigation. Similarly, the third parcel covers 17.98 acres, and the fourth 6.98 acres, both planted with income-producing almond trees and equipped with double line drip irrigation systems. The four parcels planted with permanent trees have access to Class I district water. However, their current irrigation comes from an irrigation well situated across the road on the owner's separate ranch. Seller will agree to a well sharing agreement with Buyer. The property is within the Merced Irrigation District-Urban Ground Water Sustainability Agency (MIUGSA). For more information on SGMA, go to www.sgma.water.ca.gov/portal/. The ownership is also open to selling lots separately!

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Property Team
  • Office Phone: (209) 704-7653
  • Listing Agent: Ernesto Ochoa

Exterior Features

Exterior Information:

  • View: Orchard

Lot Features

Lot Information:

  • Lot: Agricultural, Rectangular Lot
  • Lot Size: 54.53 Acres

Other

Directions Information:

  • Directions: From Hwy 99, take the UC Merced Campus Expressway exit, head west on Mission Ave, right on Henry St, Left on Gerard Ave, parcels on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,089,750
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Housing Market Comparison

See how this home compares to others in Merced, CA.

Med. Sold Price

$395K

Med. Price/SqFt

$251

Avg. Days On Market

63

# of Sold Homes

51

1557 E Gerard vs Merced

173 DAYS ON ROCKET

+110 Days

$4,089,750

+$3.6M More

KEY TAKEAWAY

This property is $3.6M more than the Median Sold Price in Merced, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #MC24075471

Listing Office:

  • Office Name: Keller Williams Property Team
  • Office Phone: (209) 704-7653
  • Listing Agent: Ernesto Ochoa

IDX 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:20:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$20.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12.3K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4254048
6
/10
  • Pioneer Elementary School

  • 2950 E Gerard Ave

  • 1.09 miles

  • Public District Grades KG-5

school-card-donut-4254049
3
/10
  • Charles Wright Elementary School

  • 900 E 20th St

  • 1.24 miles

  • Public District Grades KG-6

school-card-donut-4254050
4
/10
  • Farmdale Elementary School

  • 100 Winder Ave

  • 1.31 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,510. Most Merced, CA residents have annual incomes less than $35k. Typical family type is married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1557 E Gerard

What is the listing price of this property?

The listing price of 1557 E Gerard property is $4,089,750.

What type of property is this?

The property 1557 E Gerard is land located in Merced, California, 95341.

Is this property for sale now?

Active Listing: 1557 E Gerard is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 1557 E Gerard is 54.53 acres.
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Rocket HomesCaliforniaMerced CountyMerced953411557 E Gerard

This home is located at 1557 E Gerard in Merced, CA and zip code 95341. This home sits on a 54.53 acre lot. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $4,089,750.

While more than 17 listings in Merced, CA in November 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 24 were sold below. The inventory of homes for sale in Merced, CA between October 2024 and November 2024 decreased by 7.7%. Listings spent 63 days on the market in November 2024, and had a median list price of $395,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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