
Chico, California 95973
This Brand-New Construction Residence is listed at $589,500—positioned well below the $596,246 Fair Market Value by 1%. This valuation gap offers $6,746 in Instant Equity, complemented by a substantial $12,500 seller credit for interest rate buy-downs. Boasting a Pristine Condition Rating, the home features quartz countertops, custom cabinetry, and owned solar for maximum energy efficiency. Located in the Chico Unified School District, the functional split floor plan provides a private sanctuary for guests or a home office. It is the perfect fit for growing families or owner-occupants seeking a modern, move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 Ellingson Way Subject | $584,500* List Price | 4 | 3 | 1,926 | $307 | - |
A 2747 Waterloo Circle Pending | $674,990 List Price | 4 | 3 | 2,155 | $313 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a 2026 new construction home in pristine condition. It features modern high-end finishes including quartz countertops, custom-stained alder cabinetry, and stainless steel appliances. The property offers energy-efficient upgrades like included solar, brand-new HVAC and electrical systems, and a mix of contemporary tile and carpet flooring. As a new build, all components meet current quality standards with no physical depreciation or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7898, living area = 1926.
The builder is offering a generous $12,500 seller credit, providing buyers with substantial flexibility to buy down their interest rate or cover closing costs.
The layout features a private fourth bedroom and full bath situated away from the other bedrooms, making it an ideal space for a quiet home office or a guest suite.
The property has seen multiple price reductions since its initial listing, which may suggest the original pricing was aggressive for the current local market conditions.
The listing specifies no views, which might be a disadvantage for buyers prioritizing the natural vistas or unique landscapes often sought after in the Chico area.
Bill Webb Homes is offering a $12,500 seller credit on this home! Use it to buy down your interest rate, your closing costs, or a mix of both! This 1,926 sq ft home offers 4 bedrooms, and full 3 bathrooms. The main living area is open and functional with plenty of natural light and space to gather, while the larger lot gives you room for entertaining. One of the best parts of this floor plan is the separation. The primary suite and two bedrooms are on one side of the home, while the fourth bedroom and a full bathroom sit on the opposite end making it perfect for guests, or a home office that needs a little privacy. Finishes include quartz countertops, custom-stained alder cabinetry, and tile flooring in the entry, kitchen, dining and bathrooms. All showers feature full tile surrounds of your choosing. Outside, you’ll have front yard landscaping already in place, a covered back patio, and a deeper backyard than you typically see with new construction. Solar is included with the price of the home, with options to add batteries to further offset electricity bills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,926 | 1,719 | 64% |
| Lot Size | 7,898 | 7,898 | 50% |
| Price | $584.5K | $490.0K | 66% |
| Price per sq ft | $303 | $301 | 56% |
| Built year | 2026 | 2001 | 98% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 180 | 12% |
Apr 2, 2026
$584,500
$589,500
-1% Price Drop
Initial Listing
Mar 14, 2026
$589,500
$594,500
-1% Price Drop
Initial Listing
Mar 12, 2026
$594,500
Initial Listing
Feb 13, 2026
$599,500
Initial Listing