180 Parson Lane, Oroville, California 95966, Oroville, 95966 - 3 bed, 2 bath
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Oroville, California 95966
This property presents a High-Potential Investment Opportunity with a List Price of $310,000—positioned above the $292,438 Fair Market Value by 6%. While the property requires modernization, its Fair Condition Rating and 10,019 sqft lot provide a significant canvas for value-add renovations. Located in the quiet Copley Acres neighborhood near Lake Oroville, the home offers a functional floor plan with strong upside potential. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 180 Parson Lane Subject | $310,000* List Price | 3 | 2 | 1,541 | $190 | - |
A 21 Inglewood Sold | $330,000 | 3 | 2 | 1,732 | $191 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1988 (36 years old) with no evidence of recent renovations. The interior features original oak cabinetry and dated bathroom fixtures. As a HUD home, the property is marketed for its 'upside potential,' indicating a need for significant rehab and modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 1541.
Situated at the end of a cul-de-sac in the desirable Copley Acres neighborhood, this property offers a quiet, low-traffic setting with a generous 10,019 sqft lot.
The home is ideally located near Lake Oroville and the marina, providing convenient access to boating, fishing, and diverse outdoor recreational opportunities.
The property is noted for its potential for updates, suggesting that the interior finishes may be dated and require additional capital investment for renovations.
Being a HUD-owned property, the transaction may involve specific bidding processes and is typically sold in as-is condition, which can be a hurdle for some traditional buyers.
New listing! HUD Home located in the desirable Copley Acres neighborhood of Oroville. This three-bedroom, two-bath residence is situated at the end of a cul-de-sac, offering a quiet setting with convenient access to town. The home features a functional floor plan with comfortable living spaces and strong potential for updates and personalization. The property benefits from a desirable lot and location within an established residential area. Conveniently located near Lake Oroville, the marina, and a variety of outdoor recreational opportunities, this property offers both lifestyle and accessibility. Shopping, schools, and services are just a short drive away, while the setting still provides a more rural feel. This is a great opportunity for owner-occupants or investors to acquire a home in a well-located Oroville neighborhood at an affordable price point. Don’t miss the chance to secure a property with strong upside potential in Copley Acres.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,541 | 1,482 | 53% |
| Lot Size | 10,019 | 14,375 | 38% |
| Price | $310.0K | $320.0K | 44% |
| Price per sq ft | $201 | $212 | 45% |
| Built year | 1988 | 1974 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 156 | 3% |
May 7, 2026
$310,000
Initial Listing
Nov 17, 2000
$140,000
Public Record