121 Summit Ave, Oroville, California 95966, Oroville, 95966 - 1 bed, 2 bath
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Oroville, California 95966
Analysis of 121 Summit Ave, Oroville, California 95966 is currently available with a list price of $315,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Oroville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1980, this property is a classic 'sweat equity' opportunity. While functional and livable, the interior features dated 1980s-style cabinetry, older appliances, and worn flooring/carpeting that the listing agent explicitly suggests replacing. The home has been maintained but lacks recent major renovations, fitting the criteria for a fair condition score where minor updates and cosmetic repairs are needed 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 = 196020, living area = 1255.
The property sits on a generous 4.5-acre lot, providing exceptional privacy, scenic hill views, and ample space for agricultural use or outdoor expansion.
With easy access to Highway 70, this home offers a convenient commute to Marysville and Sacramento, making it an ideal choice for those seeking a rural lifestyle without sacrificing accessibility.
The home is in need of immediate updates, specifically fresh paint and new flooring, which may require additional upfront capital and labor from the buyer.
Recorded as a one-bedroom home in county records, the property may face challenges with certain traditional financing requirements or appeal to buyers strictly seeking a turnkey multi-bedroom residence.
Sweat equity potential is calling with this home sitting on 4.5 acres, easy access to Highway 70, making for a convenient commute to Marysville & Sacramento. County records show it as a one-bedroom, with additional versatile spaces including an upstairs loft with its own bathroom—ideal for a second bedroom, office, or flex space. Plus there is also a large room off the kitchen, currently used as a laundry area, that could serve as an office or den. Offering great opportunity to add value and customize to your needs. Plenty of space and potential for those looking for privacy. Fresh paint and updated flooring would instantly elevate this home and make a noticeable impact. There is metered South Feather Water for irrigation . Don't miss out!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 5% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,255 | 1,500 | 31% |
| Lot Size | 196,020 | 17,206 | 79% |
| Price | $315.0K | $325.0K | 47% |
| Price per sq ft | $251 | $218 | 78% |
| Built year | 1980 | 1975 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 76 | 180 | 16% |
Feb 5, 2026
$315,000
Initial Listing