1288 Palmetto Avenue, Chico, California 95926, Chico, 95926 - 4 bed, 2 bath
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Chico, California 95926
This Updated Mid-Century Residence is a Strong Value Opportunity, listed at $429,000—positioned well below the $445,545 Fair Market Value by 3%. This valuation gap provides $16,545 in Instant Equity for the incoming owner. Boasting a Condition Rating of 3, the home features a modernized kitchen with stone counters, stainless steel appliances, and a spacious concrete patio. Located in the Chico Unified district near Bidwell Park, it balances 1950s character with contemporary updates. This is an ideal match for growing families or first-time buyers seeking a move-in-ready home with built-in upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1288 Palmetto Avenue Subject | $415,000* List Price | 4 | 2 | 1,451 | $296 | - |
A 5 Nancy Lane Sold | $495,000 | 3 | 2 | 1,637 | $302 | 0.3 mi |
B 27 Amber Way Sold | $505,000 | 3 | 2 | 1,542 | $327 | 0.8 mi |
C 21 Sunflower Court Sold | $405,000 | 3 | 2 | 1,511 | $268 | 0.9 mi |
D 1280 Calla Lane Sold | $415,000 | 4 | 2 | 1,412 | $294 | 0.6 mi |
E 9 Trieste Way Sold | $485,000 | 3 | 2 | 1,701 | $285 | 0.8 mi |
F 1289 Palmetto Pending | $489,000 List Price | 4 | 3 | 1,802 | $271 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1954, the property has undergone significant renovations within the 5-15 year range. It features a modernized kitchen with stainless steel appliances and stone counters, updated flooring, dual-pane windows, and a recently remodeled bathroom. The home is well-maintained and move-in ready.
Situated in one of Chico’s most desirable neighborhoods, the property offers exceptional proximity to Bidwell Park, Hooker Oak Park, and downtown, providing high lifestyle value.
The home perfectly blends 1950s charm, including built-in drawers and beadboard wainscoting, with modern essentials like dual-pane windows and stainless steel appliances.
With four generously sized bedrooms, this floor plan provides rare versatility for families or home offices, maximizing the utility of the 1,451 square foot interior.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Fitting four bedrooms into 1,451 square feet may result in smaller individual room dimensions and more constrained common living areas compared to modern open-concept designs.
As a 1954 build, the property may have aging underlying systems such as original plumbing or electrical components that could require future capital investment.
Nestled in one of Chico’s most sought-after neighborhoods, this home offers a prime location just minutes from Hooker Oak Park, Bidwell Park, In Motion Fitness, downtown Chico, and convenient freeway access. This charming 1950s home blends the timeless character you love with thoughtful modern updates. You are welcomed by charming beadboard wainscoting, a cozy fireplace, stylish flooring, dual-pane windows, and a well-designed floor plan. The kitchen offers ample counter space and with recessed lighting, stainless steel appliances, a dual-basin sink, natural cabinetry, and stylish hardware, along with a comfortable eat-in area—filled with natural light from an abundance of windows, creating a bright and airy feel. This home features four generously sized bedrooms, each offering abundant closet space, with charming built-in drawers in two of the rooms, complemented by a beautifully updated hall bathroom. The easy-living backyard truly shines, offering a spacious concrete patio ideal for relaxing or entertaining, charming grapevines, a dedicated gardening area, full fencing for privacy, and a convenient storage shed to keep everything neatly tucked away. This darling home is not to be missed—call your favorite Realtor today to schedule a private showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 73% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,451 | 1,597.5 | 40% |
| Lot Size | 6,534 | 7,841 | 35% |
| Price | $415.0K | $434.5K | 44% |
| Price per sq ft | $286 | $289 | 49% |
| Built year | 1954 | 1971 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 129 | 3% |
May 13, 2026
$415,000
$429,000
-3% Price Drop
Initial Listing
Apr 30, 2026
$429,000
Initial Listing