
Chico, California 95973
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $575,000—positioned well above the $520,873 Fair Market Value by 10%. While the property requires cosmetic updates given its Condition Rating of 4, the 1,897 square foot layout offers significant versatility with dual living areas. Located steps from Hancock Community Park, this home provides a stable foundation for value-add improvements. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic renovations in a prime Chico location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3041 Hancock Subject 3 bd · 2 ba · 1,897 sqft · $275 | $575,000* List Price | 3 | 2 | 1,897 | $275 | - |
A 2519 Navarro Drive Sold 3 bd · 2 ba · 1,621 sqft · $293 · 0.7 mi | $475,000 | 3 | 2 | 1,621 | $293 | 0.7 mi |
B 2720 Mariposa Sold 3 bd · 2 ba · 1,417 sqft · $303 · 0.6 mi | $430,000 | 3 | 2 | 1,417 | $303 | 0.6 mi |
C 2545 Valhalla Place Sold 4 bd · 2 ba · 1,923 sqft · $286 · 0.6 mi | $550,000 | 4 | 2 | 1,923 | $286 | 0.6 mi |
D 1275 Glenshire Lane Sold 3 bd · 2 ba · 1,673 sqft · $279 · 0.6 mi | $467,000 | 3 | 2 | 1,673 | $279 | 0.6 mi |
E 1582 Kona Drive Sold 3 bd · 2 ba · 1,293 sqft · $321 · 0.3 mi | $415,000 | 3 | 2 | 1,293 | $321 | 0.3 mi |
F 2728 Silver Oak Drive Sold 3 bd · 2 ba · 1,439 sqft · $324 · 0.7 mi | $465,800 | 3 | 2 | 1,439 | $324 | 0.7 mi |
G 29 La Bella Court Sold 3 bd · 2 ba · 1,586 sqft · $258 · 0.8 mi | $409,000 | 3 | 2 | 1,586 | $258 | 0.8 mi |
H 56 Lexington Sold 3 bd · 2 ba · 1,374 sqft · $301 · 0.9 mi | $412,900 | 3 | 2 | 1,374 | $301 | 0.9 mi |
I 10 Vintage Court Active 3 bd · 2 ba · 1,622 sqft · $259 · 0.5 mi | $420,000 List Price | 3 | 2 | 1,622 | $259 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 26-year-old home is clean and well-maintained but remains mostly in its original state. The kitchen and bathrooms feature dated finishes, including older light wood cabinetry, white appliances, and basic shower inserts, which fit the criteria for needing cosmetic updates.
Situated just steps from Hancock Community Park, this home offers exceptional access to outdoor recreation and green space, making it highly desirable for families and active residents.
The nearly 1,900-square-foot layout features both a formal living room and a separate family room with a gas fireplace, providing excellent flexibility for entertaining and daily relaxation.
The primary suite serves as a private retreat with direct backyard access and a spa-like bathroom equipped with both a walk-in shower and a Jacuzzi tub.
With a lot size of 6,534 square feet, the backyard is described as 'cozy,' which may be a drawback for buyers seeking expansive yard space or significant privacy.
The property is noted as having no specific views, which could be a disadvantage compared to other homes in the area that offer neighborhood or park vistas.
Welcome to this beautifully maintained home on Hancock Drive, just steps from Hancock Community Park. Offering nearly 1900 square feet, 3 bedrooms, 2 baths, and a two-car garage, this home features a bright formal entryway with lots of windows. The first living area flows into a spacious living room and formal dining room, while the kitchen is very spacious with lots of cabinets, ample counter space, and a view overlooking the backyard. The open layout continues into a second family room with a cozy gas fireplace, creating two distinct living spaces. The primary suite offers direct access to the backyard, along with a walk-in shower and Jacuzzi tub. Two additional large bedrooms and a guest bath with a shower over tub complete the interior. Outside, enjoy a two-car garage, storage, and a cozy backyard space. A beautiful living peacock resides in the backyard and is said to bring good luck to the new family. Perfect for those who love Hancock Park, this home offers comfort, space, and a wonderful connection to the neighborhood.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,897 | 1,720.576 |
| Lot Size | 6,534 | 7,994.042 |
| Price | $575.0K | $487.0K |
| Price per sq ft | $303 | $303 |
| Built year | 2000 | 1992 |
| HOA | $0 | $154 |
| Days on market | 33 | 56 |
Sep 21, 2026
$575,000
Initial Listing