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607 N Mercey Springs Rd, Los Banos, CA 93635

List Price: $1,500,000On Market FlagOn market
Jan 18, 20251,959 sqft2 beds2 baths
Listed by: Gurjeet Rai
License #: 02149422
Phone #: 408-802-5303
Doorlight Inc
Source:
CRMLS Logo
MLS #: ML81990969

Property Description

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.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$9,879

TurboHome Estimated Value

$1,079,300

$551 sqft

High Valuation
$1,133,265
$578/sqft
Normal Valuation
$1,079,300
$551/sqft
Low Valuation
$1,025,335
$523/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$551/sqft$1,079,300

Location

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