
Chico, California 95926
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $499,000—positioned well below the $521,158 Fair Market Value by 4%. This valuation gap offers $22,158 in Instant Equity for the buyer. With a Condition Rating of 3, the property features a renovated kitchen and a versatile flex space with a private entrance. Its prime location across from Hooker Oak Park provides a unique lifestyle benefit. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready home with long-term potential.
Property is move-in ready.
Built in 1968 but features significant updates within the 5-15 year range, including a renovated kitchen with stone counters and stainless appliances, an updated primary bathroom, and newer flooring. The home is well-maintained and move-in ready with modern additions like leased solar, though some dated elements like popcorn ceilings persist.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 2570.
The property includes a large private office or flex room with its own separate entrance and bathroom, making it ideal for a home business, guest suite, or multi-generational living.
Situated on nearly half an acre directly across from the park, the home offers expansive outdoor space and scenic greenbelt views that are rare for the area.
The solar panels are leased rather than owned, which requires a contract transfer and may be a drawback for buyers who prefer to own their energy systems outright.
Built in 1968, the property may have underlying utility systems or structural elements that are nearing the end of their functional lifespan despite cosmetic interior updates.
Pull up to nearly half an acre of mature, established landscaping, right across the street from the park, space that's hard to find and gives you room to dream, whether that's a future pool, a garden, or just breathing room, with parkside access as your backyard extension. Step inside to a marble-tiled entry that opens into a spacious living room with crown molding and laminate floors. From there it flows into a family room built around a gas fireplace, connecting straight into an updated kitchen with stone counters, a glass-tile backsplash, and newer tile flooring. A wood-floored dining area sits just off the kitchen, ready for everything from weeknight dinners to holidays with the whole family. The primary suite offers a real retreat, with a large walk-in closet and an updated bath featuring a jetted tub. Fresh carpet runs through the remaining bedrooms for a move-in-ready feel. Then there's the bonus: a large private office or flex room with its own entrance and bath, ideal for a home business, in-law setup, or guests who want their own space. Add leased solar into the mix, and you've got space, style, and efficiency all in one place, right across from the park.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,570 | 1,721.208 |
| Lot Size | 17,860 | 8,138.524 |
| Price | $485.0K | $494.6K |
| Price per sq ft | $189 | $304 |
| Built year | 1968 | 1992 |
| HOA | $0 | $166 |
| Days on market | 21 | 54 |
Sep 2, 2026
$485,000
$499,000
-3% Price Drop
Initial Listing
Aug 19, 2026
$499,000
Initial Listing
Dec 31, 2019
$415,000
Public Record