Welcome to a prime opportunity awaiting at 607 N Mercey Springs Road in Los Banos. This 3.96-acre parcel of Residential Development Land is a gem nestled in the Heart of a highly developed Residential area. Boasting plans ready for the construction of 16 Single Family Residences (SFR), with potential upto 32 through SFR attached options, this property promises lucrative returns for developers and investors alike. Permitting for this exceptional property is in its final stages, poised to grant approval swiftly upon payment of the construction bond. Strategically positioned near major transportation arteries including Interstate 5 and Highway 152, and just an hour's drive from bustling Silicon Valley, this location offers unparalleled convenience for commuters and residents alike. Los Banos, a rapidly growing city within Merced County, embodies promise and potential. With a vibrant community spirit, a commitment to safety, and a range of exciting opportunities, Los Banos is an attractive destination for developers seeking growth and prosperity. Merced County, as a whole, offers a conducive environment for economic development and infrastructure enhancement, further solidifying its status as an investment hotspot. Don't delay Let's make your development dreams a reality today.
Property Details
Property Features
Listing Office:
Office Name: Doorlight Inc
Office Phone: (844) 413-8326
Listing Agent: Gurjeet Rai
Exterior Features
Exterior Information:
View: City Lights, Park, Valley
Lot Features
Lot Information:
Lot: Level
Lot Size: 3.96 Acres
Other
Directions Information:
Directions: Adress on the Maps takes you to the Backside of the Property,Please Use Entrance from the Mercey Springs Road. There is FOR SALE Sign on the Property in Front Entrance. Cross Street: Saratoga Street
Price Information
Listing Price Info
Price Summary:
List Price: $1,499,333
Tax Information:
Annual Amount: $2,972
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Banos, CA.
This property is $1.0M more than the Median Sold Price in Los Banos, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81954071
Listing Office:
Office Name: Doorlight Inc
Office Phone: (844) 413-8326
Listing Agent: Gurjeet Rai
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: 11/23/2024, 8:21:03 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Dec 29, 2010
Dec 29, 2010Home Sold
$235,000
Aug 31, 2006
Aug 31, 2006Home Sold
$850,000
Feb 17, 2006
Feb 17, 2006Home Sold
$900,000
Jul 24, 1996
Jul 24, 1996Home Sold
$190,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,972
$272,222
2020
$2,972
$269,432
2019
$2,834
$264,150
2018
$2,834
$258,971
2017
$2,801
$253,894
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Lorena Falasco Elementary School
310 Overland Rd
Distance between this listing and this school0.82 miles
Public District Grades KG-6
3
/10
R.M. Miano Elementary School
1129 E B St
Distance between this listing and this school0.94 miles
Public District Grades KG-6
3
/10
Los Banos Elementary School
1260 7th St
Distance between this listing and this school1.61 miles
Public District Grades KG-6
Nearby Schools
3
/10
Los Banos Junior High School
1750 San Luis St
Distance between this listing and this school1.24 miles
Public District Grades 7-8
3
/10
Creekside Junior High School
1401 Prarie Springs Dr
Distance between this listing and this school2.93 miles
Public District Grades 7-8
2
/10
Gustine Middle School
28075 Sullivan Rd
Distance between this listing and this school14.39 miles
Public District Grades 6-8
Nearby Schools
3
/10
San Luis High (Continuation)
125 7th St
Distance between this listing and this school0.95 miles
Public District Grades 9-12
7
/10
Pacheco High School
200 Ward Rd
Distance between this listing and this school1.37 miles
Public District Grades 9-12
2
/10
Valley los Banos Community
715 W H St
Distance between this listing and this school1.61 miles
The neighbors living near this home have an average income of $66,583. The majority of Los Banos, CA residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 607 N Mercey Springs Rd
What is the listing price of this property?
The listing price of 607 N Mercey Springs Rd property is $1,499,333.
What type of property is this?
The property 607 N Mercey Springs Rd is land located in Los Banos, California, 93635.
Is this property for sale now?
Active Listing: 607 N Mercey Springs Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $2,972 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 29, 2010 for $235,000. (source: MLS/tax record).
How much acreage is this property?
The property 607 N Mercey Springs Rd is 3.96 acres.
Interested in 607 N Mercey Springs Rd? Let's connect.
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This home is located at 607 N Mercey Springs Rd in Los Banos, CA and zip code 93635. This home sits on a 3.96 acre lot. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $1,499,333.
In October 2024, from all listings sold in Los Banos, CA there were more than 6 sold above asking price, over 12 sold below and more than 4 were sold right at the asked price. The number of homes for sale in Los Banos, CA increased by 16.2% between September 2024 and October 2024. In October 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $455,950.
From Rocket Homes Real Estate and based on county public records data.