
Butte Valley, California 95965
SELLER OFFERING A $15,000 CREDIT TOWARD ALLOWABLE BUYER CLOSING COSTS OR AN INTEREST-RATE BUYDOWN, SUBJECT TO LENDER APPROVAL AND AGREED-UPON PURCHASE TERMS! Welcome to 2554 Lake Hills Drive in Butte Valley (Oroville), California, conveniently located near Butte College and within driving distance of Chico State University. Set on approximately 7 acres behind a private automatic gate, this property offers views of Table Mountain, the Sutter Buttes, rolling foothills, and a picturesque private pond. Newly planted weeping willow trees, fruit trees, and open pasture add to the beautiful country setting. The photos tell the story. Enter the home into an open living room featuring a corner wood-burning stove and an abundance of natural light from the many windows. Plantation shutters complement many of the windows and are especially stunning in the living room. The kitchen features a five-burner stove, plenty of cabinetry, tile countertops, a breakfast nook, and a door leading to the covered concrete patio. Adjacent to the kitchen is the dining room. Down the hall is the spacious primary suite featuring a large bathroom and walk-in closet. This home has been updated and maintained by the sellers over the last several years, and it shows. The laundry room offers a utility sink, half bath, and the bonus of a newer washer and dryer, which are included. The property also features an oversized two-car garage and an automatic backup generator for added peace of mind. Outside, the approximately 7 acres include 3 livestock/animal stalls with a tack room, additional outbuilding, a private pond, and plenty of usable space. This property offers privacy, scenic beauty, tranquility, and generous separation from neighboring properties. A rare opportunity to own a piece of Butte Valley.
Property is moderate renovation needed.
Built in 1990, this 34-year-old home is well-maintained but remains largely dated. While the primary bath was remodeled and owners added cosmetic updates like paint and LED lighting, the kitchen retains original oak cabinetry and tile countertops. The age of the structure and core aesthetic exceed the 20-year threshold for 'Fair' condition, requiring modern updates to reach 'Good' or 'Excellent' status.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 305356, living area = 2136.
The property features seven fenced acres, three horse stalls, and a tack room, providing a ready-to-use setup for livestock, horses, or hobby farming.
Boasting panoramic views of Table Mountain and the Sutter Buttes, the estate includes a private pond and mature fruit trees, offering a rare level of scenic tranquility and privacy.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2136, other record living area = 2019.
Managing seven acres of land, a private pond, and equestrian facilities requires a significant ongoing commitment of time and labor for upkeep.
Despite cosmetic updates, the home's 1990 construction date suggests that major systems or structural components may be approaching the end of their typical lifespan.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 5.0 |
| Baths | 3.0 | 6.0 |
| Square foot | 2,136 | 3,152 |
| Lot Size | 305,356 | 170,755.2 |
| Price | $745.0K | $700.0K |
| Price per sq ft | $349 | $285 |
| Built year | 1990 | 1981 |
| HOA | $0 | $0 |
| Days on market | 88 | 83 |
Oct 3, 2026
$745,000
$774,900
-4% Price Drop
Initial Listing
Aug 17, 2026
$774,900
$814,900
-5% Price Drop
Initial Listing
Jul 28, 2026
$814,900
Initial Listing
May 14, 2021
$725,000
Public Record
Apr 26, 2002
$800,000
Public Record