
Forest Ranch, California 95942
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $692,000—positioned well below the $745,753 Fair Market Value by 7%. This valuation gap offers $53,753 in Instant Equity for the buyer. Featuring a 4,004 sqft layout with a private theater and panoramic valley views, the home maintains a Fair Condition Rating with original 2002 finishes. This property is an ideal acquisition for Owner-Occupants seeking lifestyle amenities or Value-Add Investors looking to modernize a well-maintained asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14898 Eagle Ridge Drive Subject | $692,000* List Price | 3 | 3 | 4,004 | $186 | - |
A 14836 Eagle Ridge Drive Sold | $547,000 | 3 | 2 | 2,464 | $222 | 0.1 mi |
B 14944 Woodland Park Sold | $622,500 | 3 | 3 | 2,782 | $224 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002, the property is over 20 years old and retains its original finishes. While the home is exceptionally well-maintained by a single owner and features functional dual HVAC systems, the kitchen and bathroom aesthetics—specifically the glass block shower and cabinetry—are dated and require modernization to move beyond the 'Fair' category based on age criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20037, living area = 4004.
The property features a private theater, wet bar, and game room, offering a high-end indoor entertainment experience rarely found at this price point.
The home boasts expansive views of the Valley from the rear deck, providing a serene and picturesque backdrop that enhances the property's overall value.
Despite the massive 4,004 square foot layout, the home only offers three bedrooms, which may limit its appeal to larger families.
The $218 monthly association fee adds a significant ongoing expense to the cost of ownership compared to non-gated properties in the area.
This is a must see, one owner, home in the Humbolt Highlands, located within a gated subdivision just minutes from Chico. In addition to the three bedrooms, there is a large office with a built-in desk area. Don't miss the large laundry/craft room, perfect for all your hobbies especially quilting. The neighborhood features a pool, dedicated storage unit and RV/boat parking at the east end of the subdivision. The star of this property is the view of the Valley from the back of the house. After dinner on the deck, you can go downstairs to your own private theater for Movie night. In addition to the theater, downstairs there is a wet bar, game room, half bath area and a room insulated for a future wine cellar. It includes two gas fireplaces, a central vacuum system, and dual HVAC systems.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.4 |
| Baths | 3.0 | 2.0 |
| Square foot | 4,004 | 1,971.875 |
| Lot Size | 20,037.6 | 44,867.125 |
| Price | $692.0K | $438.6K |
| Price per sq ft | $173 | $210 |
| Built year | 2002 | 1994 |
| HOA | $218.0 | $250 |
| Days on market | 8 | 67 |
Sep 1, 2026
$692,000
Initial Listing
May 28, 1999
$64,000
Public Record