
Oroville, California 95965
This property presents a High-Potential Investment Opportunity with a List Price of $360,000—positioned well below the $366,511 Fair Market Value by 1.78%. This valuation gap offers $6,511 in Instant Equity. With a Condition Rating of 5, the home requires a full rehab to address deferred maintenance. The 1.26-acre lot and versatile bonus room provide significant upside for forced appreciation. This is a value-add asset ideal for Fix-and-Flip Investors or Contractors seeking a project near the Thermalito Forebay.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11 Ardee Court Subject | $360,000* List Price | 3 | 2 | 1,820 | $201 | - |
A 1613 12th Street Pending | $360,000 List Price | 4 | 2 | 1,652 | $218 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946, this 78-year-old home shows no evidence of recent major renovations in the description or photos. The interior features dated carpeting, older fixtures, and aged window units. Given the age and lack of updates to key systems and aesthetics, the property likely requires a full rehab to address deferred maintenance and obsolescence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54886, living area = 1820.
The property sits on a generous 1.26-acre fully fenced lot, offering rare privacy and ample space for outdoor recreation, gardening, or potential outbuildings.
Nestled next to the Thermalito Forebay, the home provides immediate access to walking trails and water activities, making it ideal for outdoor enthusiasts.
Built in 1946, the property may require updates to major systems or cosmetic renovations to align with modern energy efficiency and design standards.
The large 1.26-acre lot requires significant ongoing effort and expense for landscaping, weed control, and fence maintenance.
Nestled next to the beautiful Thermalito Forebay, this charming 3-bedroom, 2-bath home offers 1,820 square feet of comfortable living space on a fully fenced 1.26-acre lot. The spacious layout includes a versatile bonus room perfect for an office, playroom, hobby space, or spare bedroom (room has closet). Enjoy the privacy and room to grow that this expansive property provides, all while being just moments from outdoor recreation, walking trails, and the serene waters of the Forebay. A rare opportunity to own a well-situated home with land in a highly desirable area just minutes from town!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,820 | 1,446 |
| Lot Size | 54,886 | 10,890 |
| Price | $360.0K | $317.2K |
| Price per sq ft | $198 | $217 |
| Built year | 1946 | 1963 |
| HOA | $0 | $36 |
| Days on market | 20 | 68 |
Jul 2, 2026
$360,000
Initial Listing
Apr 30, 2014
$173,500
Public Record