3700 Horizons Avenue $7,000,000

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    3700 Horizons Avenue Merced, CA 95348

    • 10.42 Acres
    • Land
    • MLS# MC22145586
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    Views: 21 Days On Market: 158

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    Property Details

    The Compass Pointe Project consists of a total of 10.42 acres of Fully Entitled MultiFamily land between two separate parcels (Compass Pointe A & Compass Pointe B) for 128 apartment units. All Architectural / Engineering plans have been completed as well as all grading and building pads prepped. All necessary utilities, curbs, gutters, streets and street lights are in place. This property would be considered much further along than 'shovel ready'. Construction can begin as soon as permits are issued. The project will feature a pool & clubhouse and a large community park & BBQ area.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 3.000 %
      • County Or Parish Merced
    • Property Features
      • Lot Size Acres 10.42
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Lot Features Park Nearby

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    Neighborhood

    95348 (Merced) Demographics

    29 Median Age
    721 Population Density (per sq. mile)
    26% College Educated
    $51,340 Estimated Median Income
    4,452 Estimated Total Home Owners
    6,437 Estimated Total Renters
    41% / 59% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    34,302 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $369,950 Median Sales Price
    19 Homes Sold
    35 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $7,000,000
        7/4/2022 9:32:00 AM New in Database Source: Multiple Listing Service New Value: $7,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 12/9/2022 5:55:28 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.