
Chico, California 95973
Analysis of 2787 Grape Way, Chico, California 95973 is currently available with a list price of $925,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1988 and maintained by a single owner, the home is in functional condition but reflects its original era. The kitchen features dated oak cabinetry and Corian countertops, and while the stainless steel refrigerator and Generac generator are positive updates, the overall interior—including tile flooring and fixtures—shows signs of being outdated. It fits the 'Fair' criteria as a well-kept home over 30 years old that has not undergone a major modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 2068.
This turnkey estate features a professional-grade 100-foot 6-stall barn, a covered arena, and eight fenced pastures, providing a comprehensive infrastructure rarely found so close to city limits.
The property offers a perfect balance of rural privacy on five acres while remaining just minutes from essential Chico amenities, including Safeway, CSU Chico, and Enloe Hospital.
Built in 1988 and featuring original oak cabinets and Corian countertops, the home's interior may require cosmetic modernization to align with contemporary luxury standards.
While the pastures are fully fenced and plumbed for sprinklers, they are not currently irrigated, which may require an initial investment of time or capital to restore full functionality.
Well thought out equestrian estate on the western edge of Chico - opportunities for property like this don't come along often! There are five level acres with a covered arena, a six stall, 100' long, horse barn with a tack room, bathroom, heated wash rack and hay storage area! The property has been fenced into 8 irrigatable pastures, with 6 additional runs off the barn, a round pen, and then the 2,068 sq.ft. custom home at the corner of the property. Each pasture is fenced with no climb horse fence and has water and sprinklers available, not currently irrigated. Drive up the lane to the custom three bedroom, two bath home, was built in 1988 and has only had one owner. The living room has vaulted beam ceilings, a brick hearth and propane fireplace. There is a formal dining room, with a slider to a cool and shady covered patio that runs the length of the north side of the home. The kitchen has tile floors, Corian counters, oak cabinets and stainless fridge, with a bay window above the sink, overlooking the private side yard. A light and bright breakfast nook overlooks the front yard, pastures and towards the barn. The primary bedroom has a walk-in closet next to the primary bath, and it's own slider leading to the back patio. The yard is nicely landscaped, auto sprinklers and behind it there is a small orchard, grapes and plenty of room for a spacious garden. The property has a gated entrance, two wells and the barn has it's own septic, with RV hookups. Both septics have just been pumped. There is also a Generac generator for the house, in case of power outages. In just two minutes, you can be back in Chico and picking up groceries at Safeway. CA State University Chico and Enloe Hospital are both within a few minutes drive. A couple miles to the west of the property, the Sacramento River meanders south, offering a wide variety of fishing opportunities. If you're looking for a lovely equestrian property and home, not far from town, please schedule your private tour!
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 | 2,068 | 1,719 | 72% |
| Lot Size | 217,800 | 8,200 | 96% |
| Price | $925.0K | $490.0K | 94% |
| Price per sq ft | $447 | $301 | 98% |
| Built year | 1988 | 2001 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 294 | 180 | 91% |
Mar 12, 2026
$925,000
Initial Listing
Jul 2, 2025
$1,100,000
Initial Listing