
Chico, California 95926
This Updated Ranch on an Expansive Lot is a Strong Value Opportunity, listed at $365,000—positioned well below the $396,289 Fair Market Value by 7%. This valuation gap provides $31,289 in Instant Equity. The home is in Move-in Ready Condition, featuring a renovated kitchen, new interior paint, and a large covered patio. Situated on a massive 16,117 sqft lot within the Chico Unified School District, it offers rare privacy and future expansion potential. This is an ideal acquisition for Owner-Occupants seeking space or Buy-and-Hold Investors looking for a high-utilization asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 173 Connors Avenue Subject | $365,000* List Price | 3 | 1 | 1,328 | $298 | - |
A 2344 Porter Wy Sold | $333,000 | 3 | 1 | 1,050 | $317 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features recent cosmetic updates including new interior paint, updated laminate flooring in the living areas, and a kitchen refreshed with modern stone countertops and a stainless steel dishwasher. While the 1953 build is evident in the dated fluorescent lighting and older cabinetry/appliances, the home has been well-maintained, and the bathroom and kitchen have been modernized enough to meet current functional standards without requiring immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 1328.
The property features a massive 16,117 sqft fully fenced lot with mature fruit trees and a large covered patio, offering exceptional outdoor space and privacy rarely found in central locations.
The home boasts a freshly updated interior including new paint throughout and a renovated kitchen and bathroom, providing a move-in-ready experience with contemporary finishes.
Despite having three bedrooms, the home only features one bathroom, which may be a significant drawback for larger households or for future resale value.
Built in 1953, the property may require ongoing maintenance or future upgrades to core systems like electrical or plumbing that are typical of homes from this era.
Welcome to this charming 3 bedroom, 1 bathroom home in the heart of Chico! Situated on a fully fenced and private lot, this property offers both comfort and convenience, just moments from local shopping, dining, and everyday amenities. Inside, you’ll find a fresh, updated interior featuring new paint throughout, along with a beautifully updated kitchen and bathroom designed for modern living. The home flows seamlessly into the outdoor space, where a massive yard awaits—complete with mature fruit trees, plenty of room to garden, entertain, or simply relax. Enjoy outdoor living year-round under the large covered patio, perfect for gatherings or quiet evenings at home. A detached garage and extended driveway provide ample parking and storage options, adding to the home’s functionality. This property combines privacy, updates, and space—all in a convenient Chico location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 1,328 | 1,663 | 27% |
| Lot Size | 16,117 | 8,712 | 87% |
| Price | $365.0K | $442.5K | 24% |
| Price per sq ft | $275 | $292 | 42% |
| Built year | 1953 | 1964 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 177 | 1% |
Apr 7, 2026
$365,000
Initial Listing
Mar 24, 2022
$310,000
Public Record
Feb 5, 2021
$263,000
Public Record
Dec 13, 2018
$215,000
Public Record