287 Mather Lane, Oroville, California 95966, Oroville, 95966 - 3 bed, 2 bath
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Oroville, California 95966
This Private Foothill Retreat is a Prime Investment Opportunity with a List Price of $359,900—positioned well below the $367,706 Fair Market Value by 2%. This valuation gap offers $7,806 in Instant Equity. The home holds a Fair Condition Rating but features a new well and septic (2021) and a detached 3-car garage/shop. Set on 6.25 acres with Canyon Views near the Oroville City school district, it balances rural privacy with utility. This is ideal for Owner-Occupants or Hobbyists seeking a value-add sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 287 Mather Lane Subject | $349,900* List Price | 3 | 2 | 1,788 | $201 | - |
A 15 Hide A Way Active Under Contract | $340,000 List Price | 2 | 2 | 1,518 | $224 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the home is well-maintained but largely reflects its original era. While it features significant infrastructure updates like a new well and septic (2021) and modern stainless steel kitchen appliances, the cabinetry, flooring, and overall aesthetic remain dated. It meets the 'fair' criteria as a functional, aged home that has undergone regular upkeep but lacks a comprehensive modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 271379, living area = 1788.
Situated on 6.25 acres in the East Foothills, this property offers exceptional privacy and seclusion while remaining conveniently close to town and lake recreation.
The installation of a new well and septic system in 2021 provides significant value and peace of mind, reducing the risk of major immediate capital expenditures.
With all bedrooms located upstairs, the floor plan may be a drawback for buyers seeking single-level living or those with mobility and accessibility concerns.
Built in 1987, the home may require further cosmetic or system updates beyond the kitchen appliances to align with contemporary energy efficiency and design standards.
Your Private Retreat Awaits! Tucked away on 6.25 acres in the East Foothills near the lake, this property offers the perfect balance of privacy and convenience. The spacious 3-bedroom, 2-bathroom home features an inviting layout with all bedrooms located upstairs, providing separation from the main living areas. The kitchen boasts ample storage, stainless steel appliances, a 6 burner stove and plenty of counter and cabinet space, making it a dream for cooking and entertaining. Downstairs, you'll find a comfortable living room with a pellet stove, a separate family room, and a dining area with views of the peaceful surroundings. Outside, the detached 3-car garage/shop provides endless possibilities, along with two additional outbuildings for extra storage or hobbies. Enjoy the space and seclusion while still being just a short drive from town and outdoor recreation. New well and septic both installed in 2021.
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 | 1,788 | 1,509 | 63% |
| Lot Size | 271,379 | 17,206 | 87% |
| Price | $349.9K | $325.0K | 55% |
| Price per sq ft | $196 | $215 | 38% |
| Built year | 1987 | 1975 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 180 | 19% |
Mar 26, 2026
$349,900
$359,900
-3% Price Drop
Initial Listing
Jan 30, 2026
$359,900
Initial Listing
Feb 26, 2021
$360,000
Public Record