
Chico, California 95928
This High-Potential Investment Opportunity is listed at a List Price of $399,000, positioned well below the $361,350 Fair Market Value by -10%. Featuring a Condition Rating of 3, the home includes significant upgrades like a newer roof and mini-split HVAC. Its unique koi pond and flexible bonus living area make it a standout for short-term rentals. Located steps from Lower Bidwell Park, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1773 E 8th Subject 3 bd · 1 ba · 898 sqft · $402 | $399,000* List Price | 3 | 1 | 898 | $402 | - |
A 1162 E 7th Street Sold 3 bd · 1 ba · 1,008 sqft · $370 · 0.9 mi | $372,500 | 3 | 1 | 1,008 | $370 | 0.9 mi |
B 1385 E 10th Sold 2 bd · 2 ba · 976 sqft · $325 · 0.6 mi | $317,600 | 2 | 2 | 976 | $325 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1954, the property has undergone significant updates including a newer roof, newer dual-pane windows, and a new mini-split HVAC system. The kitchen and bathroom are updated with modern finishes, and the home is well-maintained and move-in ready, fitting the 5-15 year renovation profile.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 898.
Situated directly across from Park View Elementary and steps from Lower Bidwell Park, offering exceptional access to outdoor recreation and local schools.
The home features a newer roof, dual-pane windows, and a new mini-split HVAC system, significantly reducing immediate maintenance concerns and improving energy efficiency.
With only 898 square feet for a three-bedroom layout and a single bathroom, the interior footprint is relatively small and may feel constrained for some buyers.
The garage has been converted into a bonus living area, which, while flexible, eliminates covered vehicle parking and traditional enclosed storage space.
Indoor-outdoor living, distinctive character, and an exceptional location near Lower Bidwell Park come together at this unique Chico property. Located directly across from Park View Elementary School and just steps from pedestrian access to Lower Bidwell Park, the home offers a great setting for anyone who enjoys walking, biking, gardening, or spending time outdoors. The thoughtfully designed yard features drought-tolerant, low-maintenance landscaping that creates a private, garden-like retreat without the upkeep of a traditional lawn. A beautiful koi pond serves as a centerpiece of the outdoor space, surrounded by a multitude of private sitting areas and an impressive collection of rare and unique plants. A sliding metal gate also provides convenient access for boat, trailer, or camper parking. The garage has been transformed into a flexible bonus living area that opens to the outdoors, providing additional space for entertaining, hobbies, guests, or relaxing. Inside, stained concrete flooring adds character, complemented by an updated bathroom and kitchen with a gas range. Automatic window blinds add convenience, while several major improvements have already been completed, including a newer roof, newer dual-pane windows, and a new mini-split heating and air conditioning system. With its proximity to Lower Bidwell Park, unique outdoor spaces, beautiful koi pond, low-maintenance landscaping, and flexible living areas, this property also presents an intriguing opportunity for short-term rental or investment property buyers looking for a home with features that can help it stand apart. Whether enjoyed as a primary residence, investment property, or potential short-term rental, this Chico home offers a rare combination of location, character, flexibility, and outdoor living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 898 | 1,720.576 |
| Lot Size | 7,841 | 7,994.042 |
| Price | $399.0K | $487.0K |
| Price per sq ft | $444 | $303 |
| Built year | 1954 | 1992 |
| HOA | $0 | $154 |
| Days on market | 46 | 56 |
Sep 8, 2026
$399,000
Initial Listing
Mar 10, 2023
$355,000
Public Record
Jul 18, 2014
$193,000
Public Record
Aug 28, 2008
$195,000
Public Record
Jul 11, 2003
$179,000
Public Record
Jun 16, 2000
$104,000
Public Record