
Chico, California 95973
This Spacious Amber Grove Residence is a Strong Value Opportunity, listed at $699,000—positioned well below the $743,716 Fair Market Value by 6%. This valuation gap offers $44,716 in Instant Equity for buyers. Maintaining a Good Condition Rating, the property features a resort-style backyard with a 16x36 pool, outdoor kitchen, and custom pergola. Located in the Chico Unified district near Petersen Park, it balances lifestyle luxury with significant financial upside. This is an ideal opportunity for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 217 Zion Canyon Court Subject | $685,000* List Price | 4 | 3 | 2,172 | $315 | - |
A 3134 Lake Mead Court Sold | $490,000 | 4 | 2 | 1,719 | $285 | 0.2 mi |
B 300 Crater Lake Drive Sold | $637,000 | 3 | 2 | 1,960 | $325 | 0.1 mi |
C 478 Windham Way Sold | $638,000 | 4 | 3 | 2,246 | $284 | 0.9 mi |
D 354 Silver Lake Sold | $615,000 | 3 | 2 | 1,774 | $347 | 0.3 mi |
E 356 Chestnut Rose Lane Sold | $500,000 | 4 | 2 | 1,705 | $293 | 0.6 mi |
F 213 Denali Drive Active | $687,000 List Price | 4 | 3 | 2,440 | $282 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this property is exceptionally well-maintained and move-in ready. The kitchen features quality stone countertops and stainless steel appliances, while the resort-style backyard with a pool, outdoor kitchen, and custom pergola adds significant value. Although the interior cabinetry and some fixtures reflect the original construction era rather than a full modern renovation, the lack of deferred maintenance and the high-end outdoor upgrades place it firmly in the 'Good' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2172.
The property features an exceptional outdoor living space with a 16x36 kidney-shaped pool, stone waterfall, custom pergola with outdoor TV, and a full outdoor kitchen, perfect for high-end entertaining.
The floor plan includes a flexible fourth bedroom with direct backyard access and a walk-in shower, making it an ideal setup for guests, multi-generational living, or a private home office.
The extensive tropical landscaping, pool, hot tub, and outdoor kitchen facilities will require significant ongoing maintenance and higher utility costs to keep in peak condition.
Built in 2003, the home may soon require capital investments for original systems such as the roof, HVAC, or pool equipment as they approach the end of their typical 25-year functional lifespan.
If you’ve been waiting for an Amber Grove home that truly captures the lifestyle people love about this neighborhood, this may be the one. Tucked on a quiet cul-de-sac, this beautifully maintained home was designed for both everyday comfort and unforgettable gatherings, with spaces that invite you to slow down, connect, and enjoy the best of Chico living. A welcoming front porch sets the tone, offering a place to sit back and enjoy the neighborhood as neighbors stroll and bike through the community. Inside, thoughtful updates and flexible living spaces create a home that is both functional and comfortable. Tile flooring provides durability and easy maintenance, while the home is pre-wired for multiple audio options with a dedicated media closet and infrared transmitters that allow equipment to remain neatly hidden. The layout offers comfortable living throughout, including a spacious primary suite with its own en-suite bathroom, creating a private retreat at the end of the day. The fourth bedroom features a sliding door that opens directly to the backyard along with convenient access to a full bathroom with walk-in shower, offering flexibility for guests or additional privacy. Step outside and the backyard becomes your own private resort. The 16x36 kidney-shaped pool offers plenty of space for swimming laps or floating the afternoon away while enjoying the peaceful sound of the stone waterfall. Lush greenery including creeping fig, star jasmine, honeysuckle, banana plants, and a queen palm soften the space and create a tropical feel. The custom pergola creates an outdoor living room designed for year-round enjoyment, complete with an outdoor TV and space ready for movie nights under the stars. The outdoor kitchen features natural gas, an outdoor refrigerator, and sink for effortless entertaining. After a swim, rinse off in the outdoor shower or unwind in the hot tub with optional saltwater system, adding even more ways to relax and enjoy the space. The finished three-car garage features professional-grade epoxy floors and extensive attic storage above, with walkable space supported by reinforced rafters. Located in Chico’s beloved Amber Grove neighborhood and just moments from Petersen Park, residents enjoy open green space, playground, basketball court, and a community known for its holiday celebrations, neighborhood gatherings, and strong sense of connection.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,172 | 1,723.5 | 73% |
| Lot Size | 8,712 | 8,238 | 56% |
| Price | $685.0K | $492.5K | 78% |
| Price per sq ft | $315 | $302 | 66% |
| Built year | 2003 | 2002 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 180 | 4% |
Apr 18, 2026
$685,000
$699,000
-2% Price Drop
Initial Listing
Mar 10, 2026
$699,000
Initial Listing