1240 Pacific Dr

$4,249,000
Price
449,116 / 10.31
Lot Size / Acres

Description

Incredible 10+ acre parcel ready to be turned into housing in the heart of Merced. Zoned R-4 max density residential allowing 20-36 units per acre (buyer to check with City of Merced). Situated just off the corner of Yosemite and R St, you won't find a better location. Easy and convenient access to UC Merced, Merced College, local high schools, elementary schools, grocery stores, cafes, restaurants, and walking paths. Black Rascal Creek runs adjacent to the property providing for a gorgeous serene...Incredible 10+ acre parcel ready to be turned into housing in the heart of Merced. Zoned R-4 max density residential allowing 20-36 units per acre (buyer to check with City of Merced). Situated just off the corner of Yosemite and R St, you won't find a better location. Easy and convenient access to UC Merced, Merced College, local high schools, elementary schools, grocery stores, cafes, restaurants, and walking paths. Black Rascal Creek runs adjacent to the property providing for a gorgeous serene setting where you can enjoy nature in it's finest. You'll find a neighborhood dog park at the rear of the parcel providing great convenience for your future tenants. Walking paths extend underneath R Street and provide for great access on foot from this parcel. A bus stopped is planned for the front of the parcel along Pacific. The City of Merced continues to experience tremendous growth in both population, economic development, and the expansion of UC Merced. The need for housing is urgent and the City of Merced is very much in favor of the residential development of this property. Contact agent for details.
  1. Listed by Cristen R Fazal • DRE #01881046 • Brokerage DRE #01947996 • The Team Realty

Property Details for 1240 Pacific Drive

Zoning
R-4 Residen Max Density
Zoning Description
Multi-Residential
Cross Street
R Street
LISTING UPDATED: 05/16/2025 04:58 PM

Property Details for 1240 Pacific Drive

StatusActive
MLS #225041953
Days on Compass268
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lot
Year Built-
Lot Size10.31 AC
CountyMerced County

Location

Listing Courtesy of The Team Realty, Cristen R Fazal, DRE #01881046
Add your commute

Building Information for 1240 Pacific Drive

Lot Size10.31 AC

Payment Calculator

$20,996 per month

30 year fixed, 6.28% Interest

Principal and Interest

$20,996

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1240 Pacific Drive

Summary
Location and General Information
  • Area/District: 20409
  • Area Short Display: 20409
  • Directions to Property: The parcel is located near the corner of Yosemite and R Street. Parcel runs along R St and Pacific Ave.
  • Area Long Display: Merced North
Taxes and HOA Information
  • Association: No
  • Association Fee: $0
  • APN: 206-040-020-000
School Information
  • School District (County): Merced
  • Elementary School District: Merced City
  • Middle or Junior School District: Merced City
  • Senior High School District: Merced Union High
Virtual Tour
  • Virtual Media Count: 0
Property
Lot Information
  • Lot Size Source: Assessor Auto-Fill
  • Lot Size Square Feet: 449117.0
  • Lot Features: Shape Regular, Corner
  • Road Frontage Type: City Street
  • Vegetation: None
  • Crops: None
  • # of Lots: 0
Property and Assessments
  • Current Use: Vacant
  • Picture Count: 8
  • Property Disclaimer: All data, photos, visualizations, and information regarding a property, including the property's compliance with state and local legal requirements and all measurements and calculations of area, have been obtained from various sources, and may include such material that has been generated by use of artificial intelligence. Such information and material have not been and will not be verified for accuracy by the listing broker or the multiple listing service, and are not guaranteed as complete, accurate or reliable. Such information and material should be independently reviewed and verified for accuracy. This information and material are intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
  • Possible Use: Residential
  • Development Status: Topography Map Available, Surveyed, Corners Marked, Rough Grade
Utilities
  • Sewer: Sewer Public
  • Water Source: Water Public
  • Utilities: Other
Interior and Exterior Features
Exterior Features
  • Horse Property: No
Multi Family
Income & Expenses
  • Income Includes: None

Property History for 1240 Pacific Drive

DateEvent & SourcePriceAppreciation
May 16, 2025

Price Change

CLAW #MC25080365MR

$4,249,000
May 16, 2025

Price Change

CRMLS #MC25080365

$4,249,000
May 16, 2025

Price Change

REBAREIS #225041953

$4,249,000
May 15, 2025

Price Change

SDMLS #MC25080365

$4,249,000
Apr 11, 2025

Listed (Active)

CLAW #MC25080365MR

$4,797,000
Apr 11, 2025

Listed (Active)

CRMLS #MC25080365

$4,797,000
Apr 11, 2025

Listed (Active)

SDMLS #MC25080365

$4,797,000
Apr 4, 2025

Listed (Active)

REBAREIS #225041953

$4,797,000
DateEvent & SourcePrice
05/16/2025

Price Change

CLAW #MC25080365MR

$4,249,000
05/16/2025

Price Change

CRMLS #MC25080365

$4,249,000
05/16/2025

Price Change

REBAREIS #225041953

$4,249,000
05/15/2025

Price Change

SDMLS #MC25080365

$4,249,000
04/11/2025

Listed (Active)

CLAW #MC25080365MR

$4,797,000
04/11/2025

Listed (Active)

CRMLS #MC25080365

$4,797,000
04/11/2025

Listed (Active)

SDMLS #MC25080365

$4,797,000
04/04/2025

Listed (Active)

REBAREIS #225041953

$4,797,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1240 Pacific Drive

This home is within Merced City Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 3
Public - 7 to 8
Public - 9 to 12
Public - K to 6
Rating
School
Distance
Franklin Elementary School
PublicK to 3

Rudolph Rivera Middle School
Public7 to 8

El Capitan High
Public9 to 12

Rudolph Rivera Elementary
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1240 Pacific Drive is a 10.31 ac of land for sale in Merced, CA 95348. This property was listed for sale on April 4, 2025 by The Team Realty, it's currently listed at $4,249,000. This listing's school districts are Merced Union High School District, Merced City Elementary School District. Nearby schools include Franklin Elementary School, Rudolph Rivera Middle School and El Capitan High. 1240 Pacific Drive is a 0-bed, 0-bath, 10.31 ac of land on a 449,116 sq. ft. / 10.31 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Team Realty, Cristen R Fazal, DRE #01881046

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.