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.
| MLS # | MC26085666 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 135 |
| Listing Provided By | Mokha Real Estate | Jagandeep Mokha |
| Zoning | R-4 |
|---|---|
| Acreage | 3.80 |
| Property View | Yes |
| Lot Features | Sixteen To Twenty Units Acre, Eleven To Fifteen Units Acre, Twenty One To Twenty Five Units Acre, Irregular Lot |
|---|
| Community Features | Street Lights, Sidewalks |
|---|
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95340 |
| Listing VS Median (in 95340) | |
Price: $1,850,000 low | high Med: $750,000 On site: 135 low | high Med: 131 | |
| State | CA |
|---|---|
| County | Merced |
| City | Merced |
| Zip Code | 95340 |
| Listing VS Median (in 95340) | |
Price: $1,850,000 low | high Med: $750,000 On site: 135 low | high Med: 131 | |
![]() | $2,280,0000 E North Bear Creek DriveMerced, CA 95340 |
![]() | $3,875,0001 E N Bear Creek DrMerced, CA 95340 |