
Oroville, California 95966
This Spacious Custom Home is a Strong Value Opportunity, listed at $489,000—positioned well below the $488,402 Fair Market Value by approximately 0%. While the price is at market, the property offers significant utility through its Solar Power, Whole-Home Generator, and 550 sq. ft. Workshop. With a Condition Rating of 4, the home features a functional layout with a Movie Theater and RV Accommodations, though it requires cosmetic updates. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, hobbyist-friendly property in Kelly Ridge.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26 Regal Way Subject | $475,000* List Price | 5 | 4 | 3,272 | $147 | - |
A 5419 Royal Oaks Sold | $580,000 | 3 | 3 | 3,165 | $183 | 1.0 mi |
B 74 Greenbrier Drive Sold | $355,000 | 3 | 3 | 2,398 | $148 | 0.6 mi |
C 5320 Blinzig Court Sold | $477,000 | 3 | 2 | 2,808 | $170 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001 (25 years old), the home is well-maintained but features a dated kitchen with oak cabinetry and tile countertops, along with original bathroom finishes. While systems are enhanced by solar and a whole-home generator, the interior aesthetics fall into the >20-year dated category requiring updates.
The property is highly self-sufficient and hobbyist-friendly, featuring solar power, a whole-home generator, and a 550 sq. ft. workshop equipped with 220V power and RV hookups.
With 3,272 sq. ft. including a dedicated movie theater and a separate lower-level living area with 1.5 baths, the home is ideal for large families or guest privacy.
Located in the desirable Kelly Ridge community, the home offers beautiful views of Minor’s Ranch Reservoir and the foothills from a covered deck with modern glass railings.
The current list price of $489,000 is significantly lower than the 2021 sale price of $520,000, suggesting a potential decline in local market value or neighborhood demand.
As a 2001 build, the property may soon require capital expenditures for aging systems or aesthetic updates to compete with newer custom residential inventory.
There’s more to 26 Regal Way than you might expect. Set in the desirable Kelly Ridge community, this custom 5-bedroom, 3.5-bath home offers approximately 3,272 sq. ft. of living space, beautiful views, and the kind of flexibility that’s hard to find in one property. The main level features three bedrooms, two bathrooms, an office, solid bamboo flooring, and a spacious primary suite with a walk-in closet, soaking tub, tiled dual-head shower, and direct access to the covered back deck. Grab your coffee, step outside, and take in the surrounding foothills and Minor’s Ranch Reservoir. Downstairs adds two more bedrooms, 1.5 bathrooms, and a dedicated movie theater/media room. Giving you options for guests, extended family, older kids, or simply more room to spread out. Need space for the toys too? The approximately 550 sq. ft. third-car garage/workshop offers RV hookups and clean-out, 220V power, an automated roll-up door, and plenty of room for the RV, boat, projects, or extra storage. Solar, a whole-home generator, whole-house fan, and low-maintenance landscaping round out a home built for both comfort and practicality. Movie nights downstairs. Coffee with a view upstairs. Room for family, guests, the RV, the boat, and everything in between. It isn’t just a big house! It’s a home designed to actually use all that space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 3,272 | 1,406.567 |
| Lot Size | 11,325.6 | 11,782.067 |
| Price | $475.0K | $328.3K |
| Price per sq ft | $145 | $227 |
| Built year | 2001 | 1972 |
| HOA | $0 | $36 |
| Days on market | 28 | 69 |
Aug 25, 2026
$475,000
$489,000
-3% Price Drop
Initial Listing
Aug 12, 2026
$489,000
Initial Listing
Apr 12, 2021
$520,000
Public Record
Nov 26, 2018
$350,000
Public Record
Jun 14, 2013
$275,000
Public Record
Apr 19, 2000
$25,000
Public Record