
Chico, California 95928
This Well-Maintained Single-Family Residence is a High-Potential Investment Opportunity, listed at $509,000—positioned well below the $524,025 Fair Market Value by 2%. This valuation gap provides $15,025 in Instant Equity. Boasting a Condition Rating of 3, the interior features modern wide-plank flooring, vaulted ceilings, and a private patio. Located in the Chico Unified district moments from Meriam Park, it balances lifestyle convenience with financial upside. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 259 Picholine Way Subject | $509,000* List Price | 3 | 2 | 1,739 | $301 | - |
A 1916 Potter Road Sold | $504,000 | 3 | 2 | 1,673 | $301 | 0.1 mi |
B 1921 Ascolano Way Sold | $505,000 | 3 | 2 | 1,673 | $302 | 0.2 mi |
C 250 Picholine Way Sold | $530,000 | 3 | 2 | 1,845 | $287 | 0.1 mi |
D 2869 Longwood Sold | $620,000 | 4 | 3 | 1,927 | $322 | 0.3 mi |
E 378 Picholine Way Active | $550,000 List Price | 3 | 2 | 1,781 | $309 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with clear evidence of recent cosmetic updates, including modern wide-plank flooring and a fresh, neutral paint palette throughout. While the home was built in 1990 and retains some original features such as square tile countertops in the kitchen and bathrooms and a coil-top electric range, the cabinets have been updated with paint and modern hardware. The primary suite is well-maintained with vaulted ceilings, and the overall presentation shows minimal wear and tear, fitting the criteria for a well-maintained home that does not require immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1739.
Situated moments from Baroni Park and the vibrant Meriam Park, the property offers unparalleled access to top-tier dining, recreation, and community amenities.
The home features a seamless flow between light-filled living spaces and a secondary family room with a cozy fireplace, ideal for both daily living and entertaining.
Built in 1990, the home features traditional elements like a brick mantle and wood-burning fireplace that may require modernization to suit contemporary tastes.
Given the property's age, buyers should anticipate potential updates to major systems or cosmetic finishes to align with newer developments in the area.
Tucked into one of Chico’s most sought-after neighborhoods, this home offers a blend of comfort, charm, and connection to everything that makes this area so desirable. Just moments from Baroni Park and the energy of Meriam Park, it’s a location that brings both convenience and a true sense of community. From the moment you arrive, the home feels inviting. Mature trees in the front yard create a shaded, peaceful setting, setting the tone before you even step inside. The entry opens into a light-filled living space that naturally draws you in, flowing easily into the dining area and kitchen beyond. It’s a layout that feels effortless, where spaces connect without feeling crowded and where gathering comes naturally. Just beyond, a second living area adds depth to the home, centered around a cozy wood-burning fireplace with a brick mantle and raised hearth. It’s the kind of space that invites you to slow down, whether you’re enjoying a quiet evening or spending time with friends and family. The kitchen and dining nook sit comfortably alongside, with bar-top seating and an easy flow that makes mornings, meals, and entertaining feel simple and natural. As you move down the hall, the home continues to unfold with intention. A dedicated laundry room with storage and direct garage access adds convenience, while two guest bedrooms and a full bathroom are thoughtfully positioned along the way. At the end of the hall, the primary suite offers a sense of privacy with vaulted ceilings, direct access to the backyard, and an en-suite bath designed for ease with dual sinks and a separate tub and shower. What truly elevates this home is its location. Just down the street, Baroni Park offers open green space, playgrounds, basketball courts, and walking and biking paths. A few blocks away, Meriam Park brings together some of Chico’s best dining, coffee, entertainment, a dog park, pickleball courts, and the soon-to-open indoor climbing gym, along with proximity to the Enloe Cancer Center. Close to shopping, dining, and freeway access, yet tucked into a neighborhood that feels calm and connected, this home offers the kind of lifestyle that’s easy to enjoy every day.
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 | 1,739 | 1,647 | 58% |
| Lot Size | 7,405 | 6,970 | 58% |
| Price | $509.0K | $465.0K | 63% |
| Price per sq ft | $293 | $293 | 50% |
| Built year | 1990 | 1993 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 166 | 1% |
Apr 9, 2026
$509,000
Initial Listing