33 Lawnwood Drive, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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33 Lawnwood Drive
Chico, California 95926
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,326Sq Ft
12,196.8Lot Size
Property Price
LIST PRICE$389,000
EST. MARKET VALUE
$380,333
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $389,000—positioned well below the $391,213 Fair Market Value by 0.57%. This valuation gap offers $2,213 in Instant Equity. Featuring a Condition Rating of 4, the home provides a functional layout with a detached workshop and a generous 0.28-acre lot. While the interior requires cosmetic modernization, the quiet cul-de-sac setting offers significant long-term potential. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$380,333
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 |
|---|---|---|---|---|---|---|
★ 33 Lawnwood Drive Subject 3 bd · 2 ba · 1,326 sqft · $287 | $389,000* List Price | 3 | 2 | 1,326 | $287 | - |
A 2113 Moyer Sold 3 bd · 2 ba · 1,342 sqft · $268 · 0.4 mi | $359,000 | 3 | 2 | 1,342 | $268 | 0.4 mi |
B 1465 W Lindo Avenue Sold 3 bd · 2 ba · 1,356 sqft · $302 · 0.5 mi | $410,000 | 3 | 2 | 1,356 | $302 | 0.5 mi |
C 2369 Holly Ave Sold 3 bd · 2 ba · 1,495 sqft · $307 · 0.3 mi | $459,000 | 3 | 2 | 1,495 | $307 | 0.3 mi |
D 173 Connors Avenue Sold 3 bd · 1 ba · 1,328 sqft · $248 · 0.9 mi | $330,000 | 3 | 1 | 1,328 | $248 | 0.9 mi |
E 511 Sequoyah Avenue Sold 3 bd · 2 ba · 1,666 sqft · $291 · 0.5 mi | $484,000 | 3 | 2 | 1,666 | $291 | 0.5 mi |
F 1609 Citrus Sold 3 bd · 2 ba · 1,322 sqft · $302 · 0.9 mi | $399,000 | 3 | 2 | 1,322 | $302 | 0.9 mi |
G 2121 Ramsey Sold 3 bd · 2 ba · 1,623 sqft · $289 · 0.5 mi | $468,900 | 3 | 2 | 1,623 | $289 | 0.5 mi |
H 2324 Fern Pending 4 bd · 2 ba · 1,434 sqft · $292 · 0.3 mi | $419,000 List Price | 4 | 2 | 1,434 | $292 | 0.3 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 1967, the home is well-maintained and functional with central HVAC, but features highly dated interior finishes. The kitchen and bathrooms retain older cabinetry and styling, and the living areas feature prominent vintage wood paneling and acoustic ceilings that would benefit from modern updates.
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 = 12196, living area = 1326.
- Generous Lot & Outdoor Living
Situated on a substantial 0.28-acre lot, the property features a covered patio and established landscaping, offering significant space for outdoor entertaining and privacy.
- Versatile Detached Workshop
The inclusion of a detached workshop provides highly desirable additional square footage for hobbies, professional projects, or specialized storage, adding unique value to the site.
CONSRISKS & DEFICIENCIES
- Potential for Modernization
Built in 1967 and featuring a mix of wood, vinyl, and carpet, the interior likely requires cosmetic updates and consistent flooring to meet modern buyer expectations.
- Modest Interior Footprint
At 1,326 square feet, the living space is relatively compact for a three-bedroom home, which may feel restrictive for those accustomed to more expansive open-concept layouts.
About 33 Lawnwood Drive
A little extra space can make all the difference, and this 3-bedroom, 2-bath home offers just that. Set on a generous 0.28-acre lot, this single-level home features a comfortable floor plan with a spacious living room, fireplace, eat-in kitchen, and a mix of wood, vinyl, and carpet flooring throughout. The backyard offers plenty of room to enjoy the outdoors, with a covered patio for relaxing or entertaining. A detached workshop provides valuable space for hobbies, projects, storage, or a dedicated work area. Additional features include central heating and air, indoor laundry, established landscaping, a sprinkler system, and a quiet cul-de-sac setting. With its generous lot size, functional layout, and additional workshop space, this property offers plenty of room to make it your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1967
- Lot Size
- 12,196.8 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 | 1,326 | 1,720.576 |
| Lot Size | 12,196.8 | 7,994.042 |
| Price | $389.0K | $487.0K |
| Price per sq ft | $293 | $303 |
| Built year | 1967 | 1992 |
| HOA | $0 | $154 |
| Days on market | 33 | 56 |
Pricing History
Listed for Sale
Sep 21, 2026
$389,000
Initial Listing