1192 Manchester, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
This property presents a High-Potential Investment Opportunity with a List Price of $543,000—positioned well above the $462,054 Fair Market Value by 17%. While the home features timeless architectural character and a permitted detached shed, it carries a Condition Rating of 5, indicating a need for significant interior modernization. The 9,148 sqft lot provides excellent utility for future value-add projects. This asset is best suited for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to align the property with modern market standards.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1192 Manchester Subject | $543,000* List Price | 3 | 2 | 1,630 | $283 | - |
A 9 Mione Sold | $420,000 | 3 | 3 | 1,430 | $294 | 0.4 mi |
B 1280 Calla Lane Sold | $415,000 | 4 | 2 | 1,412 | $294 | 0.5 mi |
C 1 Cottage Circle Sold | $410,000 | 3 | 2 | 1,509 | $272 | 0.9 mi |
D 1223 Spruce Sold | $515,000 | 4 | 3 | 1,843 | $279 | 0.9 mi |
E 21 Sunflower Court Sold | $405,000 | 3 | 2 | 1,511 | $268 | 0.7 mi |
F 12 Lakewood Way Sold | $382,450 | 3 | 2 | 1,144 | $334 | 0.4 mi |
G 12 Jean Lane Pending | $459,000 List Price | 3 | 2 | 1,577 | $291 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959, this home exceeds the 30-50 year threshold for original condition. While the description notes it is well-maintained, the images reveal a significantly dated interior including an original-style kitchen, vintage wallpaper, and older carpeting that require a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1630.
This 1959 brick home features high-quality craftsmanship including elegant pocket doors and extensive custom built-in cabinetry, offering a level of charm and durability rarely found in modern construction.
The property includes a permitted detached shed suitable for a home office or hobby room, complemented by extensive outdoor living areas including both covered and brick patios.
Built in 1959, the home likely features a more compartmentalized floor plan and older utility systems that may require modernization to meet current open-concept living preferences.
While well-maintained, the property's mid-century design lacks the contemporary suite of amenities and energy-efficient features typically found in newer residential developments.
Charming 3-bedroom, 2-bath brick home built in 1959, located in an established, quiet neighborhood. This well-maintained home showcases timeless character and thoughtful details, including built-in cabinetry in one bedroom, the dining room, and the living room. Elegant pocket doors provide privacy between the living and dining rooms, while a dedicated cabinet conveniently stores card tables—perfect for entertaining. Enjoy abundant storage throughout the home and mature shade trees that create a peaceful backyard setting. Outdoor living is easy with both a fully covered patio and a spacious brick patio, offering plenty of room for relaxing or hosting gatherings. A permitted detached shed provides excellent flexibility and can be used as a craft room, home office, hobby space, or private retreat. Lovingly maintained, this home offers timeless charm, quality craftsmanship, and character that are increasingly hard to find.
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 | 1,630 | 1,797 |
| Lot Size | 9,148 | 8,276 |
| Price | $543.0K | $496.1K |
| Price per sq ft | $333 | $301 |
| Built year | 1959 | 1992 |
| HOA | $0 | $196 |
| Days on market | 24 | 52 |
Jun 28, 2026
$543,000
Initial Listing