
Chico, California 95928
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $575,000—positioned slightly above the $569,527 Fair Market Value. While priced at market, the property offers significant upside through its 13,504 sqft oversized lot and direct creekfront access. With a Fair Condition Rating, the home is move-in ready but provides a canvas for cosmetic modernization to drive future appreciation. Its unique combination of privacy, flexible bonus space, and outdoor recreation makes it an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 194 Picholine Way Subject | $575,000* List Price | 3 | 2 | 1,979 | $288 | - |
A 1979 Potter Sold | $625,000 | 3 | 2 | 2,125 | $294 | 0.4 mi |
B 9 Niagara Way Sold | $460,000 | 4 | 2 | 1,645 | $280 | 0.7 mi |
C 358 Picholine Way Active Under Contract | $575,000 List Price | 3 | 2 | 1,998 | $288 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1990 (36 years old), the property is well-maintained and functional but remains largely in its original state. The interior features dated elements such as extensive carpeting and 1990s-style brickwork. It meets the 'Fair' criteria as it is over 20 years old and requires cosmetic updates to align with modern standards, despite being 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 = 13504, living area = 1979.
The property features an oversized 13,504 sqft lot, providing rare in-town privacy and ample space for a potential ADU, pool, or extensive gardening.
Situated directly against Little Chico Creek with private trail access, the home offers a serene natural setting and scenic views of mature trees.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1979, other record living area = 1739.
Built in 1990, the home may require aesthetic updates or modernizing of fixtures to compete with newer developments in the surrounding area.
With only three bedrooms for nearly 2,000 square feet, the layout may feel less efficient for larger families requiring more dedicated sleeping quarters.
It's hard to find this much space in town - especially with Little Chico Creek just beyond your own backyard. Located in the desirable Little Chico Creek Estates neighborhood, this home sits on an exceptionally large lot surrounded by mature trees, offering a sense of privacy and room to enjoy the outdoors that you simply don't find every day. Step through the backyard and connect with the trails along Little Chico Creek, or take advantage of all that space at home. There's plenty of room for entertaining, gardening, play, and even the possibility of a future pool or ADU. Inside, the home offers three bedrooms, two bathrooms, and 1,979 square feet with a comfortable, functional floor plan and plenty of natural light. The primary suite includes a soaking tub positioned beneath a picture window overlooking the backyard. The backyard is truly what sets this property apart. In addition to its impressive size, you'll find a pergola that creates a great spot for outdoor dining and entertaining, a custom storage shed, established landscaping and a tucked away garden area. Just off the dining area is an enclosed bonus space that adds even more flexibility previously used as a workout room and more recently set up with a bar for entertaining. Use it for fitness, hobbies, gatherings, or simply extra space to spread out. There's even an area that has been used for bocce ball and a batting cage, with plenty of room left to make the backyard your own. And while the setting feels surprisingly peaceful, the location keeps you close to everything. Meriam Park, Baroni Park, shopping, dining and everyday conveniences are all nearby. It's a unique combination of an in town location, and oversize lot and direct access to the natural beauty of Little Chico Creek.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,979 | 1,721.208 |
| Lot Size | 13,504 | 8,138.524 |
| Price | $575.0K | $494.6K |
| Price per sq ft | $291 | $304 |
| Built year | 1990 | 1992 |
| HOA | $0 | $166 |
| Days on market | 19 | 54 |
Aug 21, 2026
$575,000
Initial Listing
Aug 5, 2024
$549,500
Public Record
Jul 30, 1997
$169,000
Public Record