2883 Pennyroyal Dr, Chico, California 95928, Chico, 95928 - 2 bed, 2 bath
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Chico, California 95928
This Charming California Park Condominium is listed at $299,000, offering a stable entry into one of Chico's most desirable residential communities. While the $229,713 Fair Market Value reflects a conservative valuation, the property’s Well-Maintained Condition Rating and rare Scenic Lake Views provide significant lifestyle appeal that justifies the premium. Residents enjoy exclusive access to private lakes and trails through the California Park Association. Located within the Chico Unified School District, this move-in-ready home is an ideal sanctuary for first-time buyers or downsizers seeking a low-maintenance, high-amenity lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2883 Pennyroyal Dr Subject | $299,000* List Price | 2 | 2 | 1,103 | $208 | - |
A 26 Sierra Lakeside Lane Sold | $260,000 | 2 | 2 | 1,146 | $227 | 0.7 mi |
B 2500 Shooting Star Way Active | $269,000 List Price | 2 | 2 | 1,103 | $244 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is exceptionally well-maintained and clean but remains largely in its original or dated state. The kitchen features older white appliances, including an electric coil-top stove, and the bathrooms utilize dated vanities and fixtures. While the home is move-in ready and functional, the overall style, flooring, and cabinetry lack modern updates and reflect a 15-30 year old aesthetic.
Membership in the California Park Association provides exclusive access to private lakes, fishing spots, and an extensive network of trails and greenbelts, offering an unparalleled outdoor lifestyle.
Situated in the sought-after California Park neighborhood within the Chico Unified School District, the property is minutes from Bidwell Park, shopping, and dining.
The property features serene lake views, significantly enhancing the aesthetic appeal and providing a tranquil living environment that is rare for a condominium at this price point.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1103, other record lot size in square feet = 871.
The monthly HOA fee of $670 is substantial and may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
With community-wide re-roofing and road re-paving currently underway, residents may face temporary noise, dust, and logistical inconveniences during the completion of these projects.
Welcome to Windmill Falls in the desirable California Park neighborhood! This charming 2-bedroom, 1.5-bath condo offers 1,103 square feet of comfortable living in one of Chico's most sought-after communities. Built in 1983 with a contemporary style, the home features a private garage and has been well-maintained. As part of the Windmill Falls Condominium Association, residents enjoy a sparkling community pool, clubhouse, barbecue and picnic areas, and a playground — all with HOA-managed exterior maintenance, including a community-wide re-roofing and road re-paving currently underway. But the real gem here is membership in the California Park Association, which grants access to an exclusive network of private walking and biking trails, two serene private lakes, a chain of ponds, lush wildlife-filled greenbelts, fishing spots, and numerous parks and green spaces throughout the neighborhood. Located in the Chico Unified School District, this home is just minutes from Bidwell Park, everyday shopping, dining, and all that Chico has to offer. Whether you're a first-time buyer, downsizing, or looking for an investment property with strong rental potential, this is an opportunity not to be missed.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,103 | 1,300 | 22% |
| Lot Size | 1,103 | 1,307 | 44% |
| Price | $299.0K | $299.0K | 50% |
| Price per sq ft | $271 | $268 | 56% |
| Built year | 1983 | 1989 | 22% |
| HOA | $670.0 | $565 | 89% |
| Days on market | 9 | 96 | 11% |
Apr 13, 2026
$299,000
Initial Listing
Nov 15, 1991
$88,500
Public Record