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1501 Drakeley Ave, Atwater, CA, 95301

2beds
1baths
757sqft
$297,699
$393price/sqft
$2,251/moest. monthly cost
$90,040/yrincome needed

About This Home

Welcome to this adorable 2-bedroom, 1-bathroom bungalow nestled in the heart of Atwater. Brimming with charm and character, this inviting home offers a warm and comfortable living space filled with natural light, original details, and timeless appeal. The thoughtfully designed floor plan features cozy living areas, a functional kitchen, and two well-sized bedrooms, and a brand new roof, creating the perfect blend of comfort and convenience. Situated on a large lot with a private backyard ideal for relaxing, gardening, or entertaining family and friends. Located just moments from local shops, restaurants, parks, and all that vibrant Atwater has to offer, this delightful bungalow provides an exceptional opportunity for first-time buyers, downsizers, or anyone seeking a charming place to call home. Don't miss your chance to own this picture-perfect gem in one of Atwater's most desirable neighborhoods.

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
51
BikeBikeable

Schools

7/10
4/10
4/10
Atwater High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1928

Materials

  • Foundation: Raised
  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Free-Standing Range,Gas Range
  • Laundry features: Inside

Bathroom

  • Features: Jack and Jill Bath

Bathroom

  • Features: Tub Shower

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Jack and Jill Bath
  • Flooring: Carpet,Wood
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total interior livable area: 757 sqft

Property

Details

  • Parcel number: 002182036000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: front
  • Pool features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 7,116 sqft
  • Features: Lawn

Parking

  • Parking features: Driveway

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

  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Merced County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,505$18,060
Home Insurance *$79$948
Property Taxes $269$3,228
Electricity $398$4,786
Total$2,251$27,012
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$77,177/yr
40% on housing$67,530/yr
45% on housing$60,026/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$393This listing

vs Other Active Listings

Avg $/sqft

ZIP 95301$222
Merced County$326

vs Homes Sold Last Month

Median $/sqft

ZIP 95301$265
Merced County$264

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

DateEventPrice
2026-06-23Listed for sale$297,699
2022-05-13Sold$278,000
2022-04-09Pending sale$278,000
2022-03-29Price change$278,000
2022-03-21Listed for sale$280,000
2022-03-10Pending sale$280,000
2022-02-16Listed for sale$280,000
2017-08-25Sold$145,000
2017-07-30Pending sale$140,000
2017-07-24Listed for sale$140,000
2013-08-13Sold$90,000
2013-07-06Listed for sale$74,500

For Sale by Agent

AgentCeleste Zupancic
BrokerageHomesmart PV & Associates

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