165 Sullivan Drive, Merced, CA 95348

$424,900
4
BD
3
BA
1,919
SqFt

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List Price
$424,900
Price Change
▼ $14,988 1775173933
MLS#
225141468
Status
PENDING
Bedrooms
4
Bathrooms
3
Living Sq. Ft
1,919
Square Footage
1919
Type
Single Family Residential
Zip
95348
City
Merced

Property Description

Back on Market at no fault of the property. Previous buyer was unable to qualify for the loan assumption, creating a second chance to take advantage of one of the best financing opportunities available in today's market. Rare opportunity to assume the seller's FIXED 2.75% interest rate loan and potentially save hundreds of dollars per month compared to current market rates. Whether you're a homeowner looking to maximize affordability or an investor seeking stronger cash flow, this assumable loan is a game-changing advantage. Why pay extra for upgrades in new construction when they're already included here? Built just four years ago and beautifully maintained, this like-new 4-bedroom, 2.5-bath + loft home offers 1,919 sq ft of modern living space with features that many builders charge extra for, including owned solar, window coverings, a finished, backyard, and an EV-ready setup. The thoughtfully designed floor plan features an open-concept layout, spacious living areas, and a versatile loft ideal for a home office, media room, second living space, or play area. Energy-efficient features and owned solar provide immediate savings and long-term value from day one. Additional highlights include a second set of laundry hookups in the garage, offering flexibility for multi-generational living, rental potential, or customized use of space. Step outside to a completed low-maintenance backyard, already finished and ready to enjoy without the added expense and hassle often associated with new construction. Conveniently located near UC Merced, Mercy Medical Center, shopping, dining, and Lake Yosemite, this home combines modern comfort, location, and exceptional financial advantages. Move-in ready, upgraded, and featuring a rare assumable 2.75% loan. Opportunities like this don't come along often.

Additional Information

Land Area (Acres)
0.0562
Year Built
2021
Subtype
Single Family Residence
Subtype Description
Detached
Construction
Stucco
Foundation
Slab
Stories
2
Garage Spaces
2
Garage
Attached, EV Charging
Baths Other
Double Sinks, Tub w/Shower Over
Floor Coverings
Carpet, Tile
Laundry Description
Laundry Closet, Dryer Included, Upper Floor, Washer Included
Dining Description
Dining/Living Combo
Kitchen Description
Pantry Closet, Stone Counter
Kitchen Appliances
Free Standing Gas Range, Free Standing Refrigerator, Ice Maker, Dishwasher, Disposal, Microwave, Tankless Water Heater
Equipment
Water Filter System
Cooling
Ceiling Fan(s), Central, MultiZone
Heat
Central
Water
Public
Utilities
Public, Solar
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of eXp Realty of California Inc..

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2026 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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