2481 Pineda Dr, Merced, CA, 95340
About This Home
Built in 2021, this spacious 2,621 sq. ft. residence offers modern luxury, comfort, and strong investment potential. Featuring 6 fully furnished bedrooms and 3 bathrooms, this home is ideal as a primary residence or as a high-performing student renting investment. It allows each tenant to enjoy a private room while affordably sharing common areas. The open-concept floor plan flows seamlessly into a modern kitchen with upgraded appliances, generous living spaces, and energy-efficient windows that fill the home with abundant natural light. Situated on a 5,255 sq. ft. The property blends style, functionality, and convenience. All rooms are fully furnished and rental-ready. Cozy backyard for entertaining with leased solar. The home can comfortably accommodate up to 7 students from UC Merced and Merced College, generating approximately $4,700 per month in rental income. Currently, 4 students occupy the property, producing $3,000 per month. Ideally located near both UC Merced and Merced College, the property offers excellent accessibility. A nearby bus stop serves the college, and students can also bike to campus. A prime opportunity for investors seeking strong, consistent rental income in a high-demand student housing market.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Existing
- Year built: 2021
Materials
- Foundation: Slab
- Roof: Tile
- Construction materials: Stucco
Type & Style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Range,Microwave,Oven,Refrigerator,Dryer,Washer,Gas Water Heater,Tankless Water Heater,ENERGY STAR Qualified Appliances
- Laundry features: Laundry Room,Common Area
Bathroom
- Features: Shower Over Tub,Solid Surface,Tile,Updated Baths,Window,Stall Shower,Granite
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Features
- Breakfast Nook,Counter - Solid Surface,Pantry,Updated Kitchen
- Window features: Double Pane Windows
- Flooring: Laminate,Carpet
- Fireplace features: None
Heating & Cooling
- Heating features: Zoned
- Cooling features: Central Air,ENERGY STAR Qualified Equipment
Interior Area
- Total structure area: 2,621
- Total interior livable area: 2,621 sqft
Kitchen
- Features: 220 Volt Outlet,Breakfast Nook,Counter - Solid Surface,Dishwasher,Gas Range/Cooktop,Kitchen Island,Microwave,Oven Built-in,Pantry,Refrigerator,Updated Kitchen
Property
Details
- Parcel number: 008490015000
- Special condition: Standard
- Other equipment: Irrigation Equipment
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Covered
- Fencing: Fenced
Lot
- Lot size: 5,227 sqft
- Features: Landscaped,Back Yard,Front Yard,Landscape Back,Landscape Front
Parking
- Total spaces: 2
- Parking features: Attached,Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Drought
- Inland Flooding
- Earthquake
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Merced County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,527 | $30,324 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $671 | $8,052 |
| Electricity | $562 | $6,744 |
| Total | $3,935 | $47,220 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-07 | Listed for sale | $540,000 |
| 2024-12-16 | Sold | $530,000 |
| 2024-10-23 | Pending sale | $529,999 |
| 2024-10-16 | Price change | $529,999 |
| 2024-10-07 | Listed for sale | $530,000 |
| 2021-01-29 | Sold | $354,000 |
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