
Oroville, California 95966
This Single Family Residence is a Prime Investment Opportunity, listed at $320,000—positioned well below the $328,635 Fair Market Value by 2%. This valuation gap offers $8,635 in Instant Equity. With a Good Condition Rating, the home features a 2019 roof and HVAC, plus a Tesla Powerwall. While the interior remains dated, the large lot and partial lake views provide significant upside. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers looking for long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4 Oak Hill Dr Subject | $299,500* List Price | 2 | 2 | 1,601 | $200 | - |
A 23 Mccabe Court Sold | $320,000 | 2 | 2 | 1,568 | $204 | 0.6 mi |
B 51 Apache Circle Sold | $266,500 | 3 | 2 | 1,414 | $188 | 0.8 mi |
C 6307 Woodman Sold | $375,000 | 2 | 2 | 1,944 | $193 | 0.8 mi |
D 158 Apache Active | $370,000 List Price | 3 | 2 | 1,732 | $214 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although the home was built in 1982 and retains dated interior finishes in the bathrooms and bedrooms, it is rated 'Good' due to excellent maintenance and major system updates. The roof and HVAC were replaced in 2019 (<10 years), and the property includes modern upgrades like leased solar with a Tesla Powerwall and a recently renovated porch, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1601.
The property features a roof and HVAC system both replaced in 2019, significantly reducing the immediate need for capital expenditures on essential home infrastructure.
Equipped with a solar system and a Tesla Powerwall backup battery, the home offers modern energy savings and security during power outages.
With only two bedrooms, the property may appeal to a narrower buyer demographic, potentially excluding larger families or those needing multiple home offices.
The solar system is leased rather than owned, which requires the buyer to assume a contractual obligation and may be a deterrent for those preferring unencumbered ownership.
Tucked into the desirable Kelly Ridge neighborhood, this well-maintained home offers comfortable living with spacious rooms, abundant storage, and a generous primary suite featuring a large walk-in closet. Major improvements include a roof and HVAC system replaced in 2019, leased solar paired with a Tesla Powerwall backup battery system, and an owned propane tank. Outside, enjoy mature fruit trees, water-conscious landscaping, and a recently renovated back porch where you can relax and take in a partial lake view. Located just minutes from Lake Oroville's recreation opportunities, golf, and local amenities, this property offers a comfortable blend of indoor living and outdoor enjoyment in one of Oroville's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,601 | 1,446 |
| Lot Size | 8,712 | 10,890 |
| Price | $299.5K | $317.2K |
| Price per sq ft | $187 | $217 |
| Built year | 1982 | 1963 |
| HOA | $30.0 | $36 |
| Days on market | 40 | 68 |
Jul 9, 2026
$299,500
$320,000
-6% Price Drop
Initial Listing
Jun 12, 2026
$320,000
Initial Listing
Oct 1, 2004
$255,000
Public Record
Jun 1, 1998
$115,000
Public Record