Rare opportunity to acquire two parcels totaling approximately 6 acres in a prime location with R-4 High Density Residential zoning. This offering includes APN 033-060-024-000 with Parsons Ave frontage and APN 033-210-062-000 featuring Bear Creek frontage across approximately 2.2 acres, creating a unique setting with added desirability. Per City of Merced zoning, R-4 allows multiple-family dwellings (apartments) by right, making this an ideal development opportunity for investors and builders. Accessory dwelling units (ADUs) and duplexes are also permitted, while single-family homes may be allowed with a minor use permit. This zoning is intended for higher density residential development, typically supporting approximately 12–24 units per acre, offering significant upside potential. With flexible residential use, dual frontage, and strong development fundamentals, this property is well-positioned for a range of projects from multi-family communities to mixed residential concepts.
Buyer to verify all zoning, density, and development standards with the City of Merced.
1723 Monte Grosso Drive: Sold $499,000 · 3 bd · 2 ba · 2,068 sqft · Sep 2026 · 0.1 mi Real Brokerage Technologies, Inc. | DRE #02095505 Buyer's agent: Olivia Barba, Realty Executives Of Northern California | DRE #01975355
2761 Lexington Ave.: Sold $410,000 · 3 bd · 3 ba · 1,775 sqft · Oct 2026 · 0.2 mi Tinetti Realty Group | DRE #01873328 Buyer's agent: Jeff Lawry, London Properties Ltd - Merced | DRE #01310152
1445 Cameron Lane: Sold $375,000 · 3 bd · 2 ba · 1,517 sqft · Aug 2026 · 0.3 mi Concierge Real Estate Services | DRE #02117292 Buyer's agent: Phillip May, Keller Williams Property Team | DRE #01393951
2163 Bennington Court: Sold $455,000 · 3 bd · 2 ba · 2,034 sqft · Aug 2026 · 0.3 mi London Properties Ltd - Merced | DRE #01310152 Buyer's agent: Aaron Vega, Tinetti Realty Group | DRE #01807208
1321 Oregon: Sold $556,000 · 3 bd · 2 ba · 1,700 sqft · Sep 2026 · 0.5 mi EXP Realty of California, INC | DRE #02135815 Buyer's agent: Jeff Nightengale, London Properties Ltd - Merced | DRE #01878234
2474 Myrtle: Sold $165,000 · Aug 2026 · 0.6 mi London Properties Ltd, Atwater | DRE #02103199 Buyer's agent: David Maclachlan, First 1st Choice Realty Group | DRE #01317347
3018 Marie Court: Sold $398,000 · 3 bd · 2 ba · 1,286 sqft · Aug 2026 · 0.6 mi The Team Realty | DRE #01951944 Buyer's agent: Maria Zendejas, Realty World Golden Era | DRE #01113849
2863 Oleander: Sold $299,000 · 3 bd · 2 ba · 1,186 sqft · Aug 2026 · 0.7 mi Soldavi Inc. | DRE #01496803 Buyer's agent: David Maclachlan, First 1st Choice Realty Group | DRE #01317347