15696 Meridian Road, Chico, California 95973, Chico, 95973 - 2 bed, 1 bath
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Chico, California 95973
Analysis of 15696 Meridian Road, Chico, California 95973 is currently available with a list price of $549,500. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property, built in 1935, shows significant signs of deferred maintenance and physical depreciation. Exterior images reveal a tarp on the roof, suggesting active leaks or structural failure, and the surrounding outbuildings are in a state of collapse. The presence of multiple abandoned vehicles and the lack of interior photos further indicate that the residence requires substantial rehabilitation and system updates to be considered 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 = 6465175, living area = 1261.
The property features over 148 acres of rare, wide-open landscape in North Chico, offering an exceptional scale of privacy and space that is increasingly scarce in the local market.
With rolling terrain, multiple access points, and gentle topography, the land is perfectly suited for diverse uses including agriculture, ranching, or the development of a custom legacy estate.
The primary residence was built in 1935 and, at 1,261 square feet, likely requires significant updates or may be better suited as a secondary guest house rather than a modern primary home.
With only two bedrooms and one bathroom, the current structure offers limited capacity for families or those requiring modern living standards without further capital investment in expansion.
Discover 148 Acres of Rare Opportunity in North Chico Welcome to an extraordinary expanse of possibility—148+ acres of wide-open landscape nestled in the highly desirable North Chico region. This remarkable property offers a unique blend of stunning natural beauty, unmatched privacy, and limitless potential for its next visionary owner. At the heart of the property sits a charming 2-bedroom, 1-bath home with 1,261 sq. ft., offering a comfortable starting point or future guest residence. Beyond the home, the land unfolds into a spectacular canvas of rolling terrain, panoramic views, and serene open space as far as the eye can see. With multiple access points, gentle topography, and versatile land features, this acreage is perfectly suited for a wide range of uses—agriculture, grazing, recreation, ranching, retreats, or long-term development. Whether you’re dreaming of a custom estate, an expansive ranch, a working agricultural operation, or simply a legacy investment, this property provides the scale and flexibility to bring your vision to life Opportunities like this are exceptionally rare. Large parcels of untouched land in the Chico area are becoming increasingly scarce making this a truly special chance to own one of the region’s last great acreage offerings. Endless potential. Unmatched space. North Chico’s hidden gem. Don’t miss this extraordinary opportunity to shape 148 acres of pure possibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,261 | 1,705 | 13% |
| Lot Size | 6,465,175 | 8,200 | 99% |
| Price | $549.5K | $490.0K | 63% |
| Price per sq ft | $436 | $301 | 98% |
| Built year | 1935 | 2001 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 180 | 1% |
Mar 18, 2026
$549,500
Initial Listing