
Chico, California 95928
This Canyon Sanctuary is a Prime Investment Opportunity, listed at $599,000—positioned well below the $617,331 Fair Market Value by 2%. This valuation gap offers $18,331 in Instant Equity for a property in Well-Maintained Condition. The home features a Granite Kitchen, updated primary suite, and panoramic Butte Creek Canyon Views. With significant infrastructure upgrades including a newer HVAC and advanced well system, this move-in ready retreat offers long-term stability within the Chico Unified School District. It is an ideal acquisition for Owner-Occupants or Nature Enthusiasts.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 12138 Centerville Subject | $565,000* List Price | 3 | 2 | 1,808 | $332 | - |
A 12098 Centerville Road Sold | $725,000 | 3 | 3 | 2,409 | $301 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002, the property is well-maintained and features significant recent updates that elevate it above the 'Fair' category. Key improvements include a renovated primary bathroom with granite counters and a tiled shower, an updated kitchen with stainless steel appliances, and newer flooring throughout. Additionally, major systems have been addressed with newer HVAC, insulation, and a comprehensive well filtration system, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37897, living area = 1808.
Situated in Butte Creek Canyon on nearly an acre, the property offers exceptional privacy and iconic views of Castle Rock, providing a serene and picturesque retreat.
Significant investments in a newer HVAC system, well pump house, advanced water filtration, and a 3000-gallon holding tank offer long-term reliability and peace of mind.
The use of an above-ground pool rather than an in-ground installation may be viewed as a less permanent or lower-value amenity by some luxury-seeking buyers.
A $30,000 price reduction shortly after the initial listing suggests the property is still navigating its optimal market value within the niche canyon segment.
Tucked away in the scenic beauty of Butte Creek Canyon, this property offers just under an acre of peaceful, private living with breathtaking views of iconic Castle Rock. Surrounded by nature, this home is the perfect blend of comfort, updates, and outdoor enjoyment. Step inside to find an updated kitchen with laminate counters, granite sink, stainless steel appliances with hood and pantry. The family room features soaring ceilings, newer carpeting, gas fireplace and backyard view. The separate dining room is great for entertaining. The primary bathroom with tiled walk-in shower, granite counters with dual sink vanity. Thoughtfully designed for both style and functionality. Each room features plantation shutters, newer carpet and laminate vinyl plank flooring. Major improvements feature a newer well pump house, advanced filtration system, reverse osmosis system, 3000 gallon holding tank; newer heating and air conditioning; newer insulation and newer fencing provide added value and peace of mind. Start your mornings on the deck beneath the charming gazebo, where you can sip your coffee while listening to the sounds of nature and soaking in the sweeping canyon views. In the warmer months, the above-ground pool offers the perfect place to cool off and relax under the sun with filtration system. All wired with 220v for a portable whole house generator and hot tub. Whether you're looking for a serene full-time residence or a private retreat, this property delivers a rare opportunity to own a slice of canyon paradise with unforgettable views and room to breathe.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,808 | 1,673 | 61% |
| Lot Size | 37,897 | 6,970 | 89% |
| Price | $565.0K | $475.0K | 67% |
| Price per sq ft | $312 | $302 | 60% |
| Built year | 2002 | 1991 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 138 | 7% |
May 21, 2026
$565,000
$599,000
-6% Price Drop
Initial Listing
Apr 27, 2026
$599,000
$629,000
-5% Price Drop
Initial Listing
Apr 15, 2026
$629,000
Initial Listing
Oct 8, 2012
$315,000
Public Record