
Chico, California 95973
Analysis of 3166 Godman, Chico, California 95973 is currently available with a list price of $685,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Chico Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1950 (>50 years old) with no mention of renovations. The listing explicitly markets the property as a land-value 'in-fill project' for 12-16 lots, indicating the existing structure is likely to be removed for development.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 41818, living area = 1605.
This rare nearly 2-acre parcel is a prime in-fill opportunity with the capacity for a 12 to 16-lot subdivision, making it highly attractive for developers.
The property features essential city services including water, sewer, and storm drains already at the street, significantly reducing site preparation costs.
The original 1950s residence and current temporary RV setups likely require demolition or removal to realize the land's highest and best use.
Transforming the property into a multi-lot project will require navigating the local planning and permitting process, which involves time and additional soft costs.
Hard to find 2 acers with City services to the property at the street. Today's use is a 2-bed home and 2 emergency disaster RVs hooked to electric and water located on the back acre. This property could be a great in-fill project with 12 to 16 lots and a tee turn around. The buyer wants affordable housing, and this project is just the space that project is meant to be. Frontage on Godman is 187 feet, with water, Sewer and Storm drain at front of property. This bite size project is perfect for a smaller developer and Chico needs good clean first-time buyer homes. Call for information
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 3.0 |
| Baths | 0.0 | 2.0 |
| Square foot | 1,605 | 1,797 |
| Lot Size | 41,818 | 8,276 |
| Price | $685.0K | $496.1K |
| Price per sq ft | $427 | $301 |
| Built year | 1950 | 1992 |
| HOA | $0 | $196 |
| Days on market | 35 | 52 |
Jun 17, 2026
$685,000
Initial Listing
Jun 2, 1998
$105,000
Public Record