2953 Kennedy, Chico, California 95973, Chico, 95973 - 3 bed, 2 bath
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2953 Kennedy
Chico, California 95973
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,581Sq Ft
23,958Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$452,504
16% AboveMARKET VALUE
SUMMARY
This Hobby Farm Residential Property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well above the $452,504 Fair Market Value by 16%. While the price reflects a premium, the 0.55-acre lot with established animal infrastructure offers unique utility for hobby farming. Featuring a Fair Condition Rating, the home requires modernization of dated systems and finishes. The extra-large flexible room and screened-in porch provide significant lifestyle versatility. This property is an ideal acquisition for Hobby Farmers or Owner-Occupants seeking a rural-lifestyle project near Chico amenities.
Estimated Market Value
$452,504
Based on Realkey algorithm analyzing recent comparable sales in Chico.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2953 Kennedy Subject 3 bd · 2 ba · 1,581 sqft · $286 | $525,000* List Price | 3 | 2 | 1,581 | $286 | - |
A 1419 Muir Avenue Sold 3 bd · 3 ba · 1,916 sqft · $235 · 0.0 mi | $450,000 | 3 | 3 | 1,916 | $235 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1970, the property is well-maintained and move-in ready with newer laminate flooring and paint. However, it is rated 'Fair' because the bathrooms and systems appear dated; the bathroom features older tile countertops and a vintage wall heater, suggesting that while functional, the core wet rooms and HVAC systems are likely over 20-30 years old and will require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 23958, living area = 1581.
- Hobby Farm Potential
The expansive 0.55-acre lot is fully equipped for hobby farming with barn stalls and animal pens, making it an ideal setup for 4-H, FFA, or gardening enthusiasts.
- Versatile Living Space
The home features an extra-large flexible room that can serve as a media room, home office, or second family area, providing significant utility for growing families.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1970, the property may require updates to its original systems and cosmetic finishes to align with modern aesthetic and efficiency standards.
- High Maintenance Requirements
The large lot and specialized animal facilities demand significant ongoing labor and upkeep, which may be a deterrent for buyers seeking a low-maintenance lifestyle.
About 2953 Kennedy
HERE YOU GO! PRICED TO SELL! Welcome to 2953 Kennedy Ave., Chico! From the moment you step inside, this home has a comfortable and welcoming feel that makes it easy to picture yourself living here. Featuring 3 bedrooms and 2 bathrooms, the home offers a functional kitchen with an adjoining dining area, along with an extra-large Flexible room that provides plenty of space for a second family room, media room, game room, home office, or additional gathering space. Step out back and enjoy the fully screened-in porch/patio, a wonderful place to relax, entertain, or enjoy the outdoors throughout the seasons. Situated on approximately 0.55 acres, this property offers so much more than just a home. The backyard begins with an established lawn area and extends into a spacious setup ready for your animals and projects. You'll find two barn stalls, an area for chickens, goats, rabbits, and more, along with extra-large pens providing plenty of room and possibilities. This property is especially well suited for those involved in 4-H or FFA, hobby farming, gardening or anyone looking for extra space while still enjoying the convenience of being close to Chico amenities. Comfortable, versatile, and full of possibilities—2953 Kennedy Ave. is ready for its next owner. Come see everything this unique property has to offer! Select scenes were virtually staged or created. Original, unaltered photos seen here: https://agentwebcoach.com/2953-kennedy-chico/
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1970
- Lot Size
- 23,958 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,581 | 1,720.576 |
| Lot Size | 23,958 | 7,994.042 |
| Price | $525.0K | $487.0K |
| Price per sq ft | $332 | $303 |
| Built year | 1970 | 1992 |
| HOA | $0 | $154 |
| Days on market | 37 | 56 |
Pricing History
Listed for Sale
Oct 17, 2026
$525,000
$539,000
-3% Price Drop
Initial Listing
Price Change
Oct 6, 2026
$539,000
$550,000
-2% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$550,000
Initial Listing
Sold
Jul 10, 2015
$265,000
Public Record