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Merced, CA

$4,950,000

4321 E Mission Avenue, Merced, CA
4
Beds
2
Baths
2,002
Sq Ft
1936
Built
467
Days listed

About this home

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’.

Facts & features

Interior
Bedrooms
4
Bathrooms
2 full
Living area
2,002 sq ft
Interior features
All Bedrooms Down
Fireplace
None
Heating
None
Cooling
Evaporative Cooling
Laundry
See Remarks
Levels
One
Exterior & lot
Lot size
132 acres (5,749,920 sq ft)
Pool
None
View
Canal, Valley
Year built
1936
Community
County
Merced
Community features
Rural
Listing details
Status
Active
Property type
Single Family Residence
Days on market
467
Listed
2024-10-17
Original price
$7,920,000
Terms
Cash, Conventional, Exchange 1031
Parcel #
066010001000
MLS #
MC24213059
Listed by
Matthew Ostdiek · Ostdiek Realty

Location

Price history

Listed
$7,920,000 · 2024-10-17
Price reduced
$4,950,000 (−$2,970,000)
Days on market
467
Current price
$4,950,000
Financing

Could this home be yours?

Estimated monthly payment
$31,052
$25,030 principal & interest · $6,023 taxes & insurance
$990,000
Estimate only
Loan $3,960,000

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Estimated value range nearby
$2,739,673$3,216,138

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Ostdiek Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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4321 E Mission Avenue, Merced, CA — $4,950,000 | Your Agent