2865 Pennyroyal Drive, Chico, California 95928, Chico, 95928 - 4 bed, 2 bath
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Chico, California 95928
This Turnkey Condominium is a Strong Value Opportunity, listed at $330,000—positioned well below the $364,040 Fair Market Value by 9%. This valuation gap offers $34,040 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a newly remodeled kitchen, updated bathrooms, and a new roof, this home offers a low-maintenance lifestyle near CalPark Lakes. It is an ideal sanctuary for first-time buyers or busy professionals seeking a modern, move-in ready residence in a prime Chico location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2865 Pennyroyal Drive Subject | $330,000* List Price | 4 | 2 | 1,342 | $271 | - |
A 2849 Pennyroyal Sold | $260,000 | 2 | 2 | 1,103 | $236 | 0.0 mi |
B 3 Casa Del Lago Sold | $349,000 | 2 | 2 | 1,300 | $268 | 0.7 mi |
C 26 Sierra Lakeside Lane Sold | $260,000 | 2 | 2 | 1,146 | $227 | 0.7 mi |
D 1 Casa Del Lago Sold | $394,000 | 3 | 2 | 1,534 | $257 | 0.7 mi |
E 2820 Pennyroyal Active | $258,000 List Price | 2 | 2 | 904 | $285 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1985, the property has undergone a high-quality, modern renovation within the last 5 years. Key updates include a newly remodeled kitchen with contemporary finishes, updated bathrooms, and a new roof, meeting the criteria for mint condition with no immediate maintenance needed.
The property features a newly remodeled kitchen, updated bathrooms, and a brand-new roof, offering a move-in-ready experience with reduced immediate maintenance costs.
Situated in the desirable California Park neighborhood, the home provides exceptional access to private lakes, walking trails, community amenities, and Bidwell Park.
A rare 4-bedroom find at this price point in Chico, providing significant versatility for growing families, guest rooms, or a dedicated home office setup.
The $650 monthly association fee is substantial and may impact the overall affordability and debt-to-income ratio for potential buyers.
Distributing four bedrooms across 1,342 square feet results in smaller individual room sizes and limited private outdoor space due to the minimal lot size.
Welcome to California Park living! This 4-bedroom, 2-bath condo is 1,342 sq ft with a well planned layout perfect for a growing family, visiting guests, or a home office setup. The newly remodeled kitchen and updated bathrooms give the home a fresh, modern feel while still making it feel comfortable for relaxing and everyday living. And with the new roof, it's even better! The best part? You're just steps from the well kept walking paths of CalPark Lakes, the community pool and clubhouse, and Chico's Bidwell Park, shopping, and schools all nearby as well. With its spacious floor plan and low-maintenance lifestyle, this is a rare opportunity to own a 4 bedroom home in one of Chico’s most desirable neighborhoods. Make an appointment with your favorite realtor and come see it today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 92% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,342 | 1,300 | 67% |
| Lot Size | 871 | 1,089 | 50% |
| Price | $330.0K | $305.5K | 58% |
| Price per sq ft | $246 | $251 | 50% |
| Built year | 1985 | 1989 | 33% |
| HOA | $650.0 | $502 | 92% |
| Days on market | 19 | 144 | 8% |
May 27, 2026
$330,000
Initial Listing
Nov 22, 2021
$270,000
Public Record
Sep 30, 2016
$203,000
Public Record
Jun 29, 2012
$120,000
Public Record
Nov 10, 2005
$279,500
Public Record
May 3, 2004
$25,500
Public Record
Jul 28, 2003
$188,000
Public Record