
Chico, California 95928
This Spacious Canyon Oaks Residence is a High-Potential Investment Opportunity, listed at $799,000—positioned well above the $771,725 Fair Market Value by -3%. While priced at a premium, the property offers significant upside through its unfinished lower level and panoramic views. Featuring a custom pool with Baja shelf, grocery lift, and three-car garage, the home maintains a Condition Rating of 3. This is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a unique, customizable lifestyle property in a prestigious Chico community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3290 Summit Ridge Terrace Subject 3 bd · 3 ba · 2,281 sqft · $336 | $779,000* List Price | 3 | 3 | 2,281 | $336 | - |
A 3294 Summit Ridge Sold 3 bd · 2 ba · 2,281 sqft · $349 · 0.0 mi | $795,000 | 3 | 2 | 2,281 | $349 | 0.0 mi |
B 3463 Brook Valley Sold 3 bd · 2 ba · 2,285 sqft · $284 · 0.2 mi | $650,000 | 3 | 2 | 2,285 | $284 | 0.2 mi |
C 3512 Shadowtree Sold 3 bd · 2 ba · 2,285 sqft · $284 · 0.6 mi | $649,000 | 3 | 2 | 2,285 | $284 | 0.6 mi |
D 3191 Via Casita Sold 3 bd · 3 ba · 2,542 sqft · $284 · 0.9 mi | $722,500 | 3 | 3 | 2,542 | $284 | 0.9 mi |
E 3560 Shadowtree Active 3 bd · 2 ba · 2,283 sqft · $263 · 0.7 mi | $599,999 List Price | 3 | 2 | 2,283 | $263 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (18 years old), the property is well-maintained and move-in ready. The kitchen features functional stainless steel appliances and granite countertops that appear original but in great condition, while the powder room shows signs of modern updates. The home fits perfectly within the 10-20 year criteria for a functional, well-kept residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2281.
Situated in the prestigious Canyon Oaks community, the home offers exceptional panoramic views of the Sutter Buttes, coastal mountains, and Upper Bidwell Park, providing a high-value aesthetic appeal.
A large unfinished space under the house serves as a blank canvas with preliminary plans for a guest suite, offering buyers the rare opportunity to increase square footage and equity.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2281, other record living area = 2381.
The primary living space is located on the second floor, which may be a deterrent for buyers seeking single-level accessibility, despite the inclusion of a grocery lift.
While the unfinished lower level is an asset, it requires additional capital investment and construction management to be fully realized, which may not appeal to turnkey-focused buyers.
SELLER NOW OFFERING A CREDIT TOWARD BUYER CLOSING COSTS OR INTEREST RATE BUYDOWN! It doesn't get any better than that...oh yeah, it does...we have just reduced the price as well! Get off the fence of looking and make your Canyon Oaks dreams a reality...because... the sunsets here are the kind you plan your evening around. Face west and you'll watch the coastal mountains and the Sutter Buttes turn gold, then pink. Face north and you've got incredible views overlooking the canyon towards Upper Bidwell Park. The sellers have taken hundreds of photos of these sunsets over the years. Once you witness a sunset from your deck, you'll understand why. The three-car garage sits on the first floor, and the living space is up on the second. For groceries or anything heavy, there's a lift, tucked behind what looks like an ordinary hall closet, that carries items straight up from the garage level. Upstairs, you'll find three bedrooms, two and a half baths, as well as a huge flex space that could work as a media room, home office, or an additional bedroom if needed. There's a large unfinished space under the house off the garage, and it's basically a blank canvas. There are preliminary plans drawn for a two-bedroom, one-bathroom suite, or you could put in a home gym, additional storage, or whatever fits your life next without adding a single square foot to the outside of the house. Out back, the sparkling pool has a water feature and a wide Baja shelf, perfect for lounging on hot summer days. The covered pergola offers shade during the day and a spot to take in the views under the lights at night. There's even room along the west side for a garden. The sunsets alone are worth it. Add the pool, the views, the three car garage, the lift and the room to grow, and this is the kind of home that doesn't come around often in Canyon Oaks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,281 | 1,720.576 |
| Lot Size | 10,019 | 7,994.042 |
| Price | $779.0K | $487.0K |
| Price per sq ft | $342 | $303 |
| Built year | 2006 | 1992 |
| HOA | $134.0 | $154 |
| Days on market | 39 | 56 |
Oct 12, 2026
$779,000
$799,000
-3% Price Drop
Initial Listing
Sep 15, 2026
$799,000
Initial Listing
Jun 11, 2020
$660,000
Public Record
Jan 26, 2007
$579,500
Public Record