
Oroville, California 95966
This High-Potential Investment Opportunity is listed at a List Price of $419,000, positioned well above the $402,447 Fair Market Value. While currently in a Condition Rating of 4, the property features significant upgrades, including a 10 kW solar system and 5-zone mini-split HVAC. The detached garage offers substantial ADU potential for rental income or guest space. With its unique mid-century design and expansive 24,394 sqft lot, this property is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4508 Olive Highway Subject 4 bd · 2 ba · 1,906 sqft · $193 | $369,000* List Price | 4 | 2 | 1,906 | $193 | - |
A 233 Skyline Boulevard Sold 3 bd · 2 ba · 1,248 sqft · $248 · 0.7 mi | $310,000 | 3 | 2 | 1,248 | $248 | 0.7 mi |
B 87 Skyline Sold 4 bd · 2 ba · 1,497 sqft · $200 · 0.6 mi | $299,999 | 4 | 2 | 1,497 | $200 | 0.6 mi |
C 6 Wahoo Sold 3 bd · 2 ba · 1,774 sqft · $201 · 0.9 mi | $357,000 | 3 | 2 | 1,774 | $201 | 0.9 mi |
D 124 Glen Sold 3 bd · 3 ba · 1,602 sqft · $235 · 0.8 mi | $377,000 | 3 | 3 | 1,602 | $235 | 0.8 mi |
E 371 Ward Boulevard Active Under Contract 3 bd · 2 ba · 1,728 sqft · $217 · 0.7 mi | $374,900 List Price | 3 | 2 | 1,728 | $217 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features great major system upgrades including a newer membrane roof, 10 kW solar system, and 5 ductless mini-splits. However, the interior is currently mid-renovation and unfinished, featuring unpainted drywall/mud in the kitchen, raw plaster walls in another room, and an incomplete bathroom missing a vanity and sink.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 24394, living area = 1906.
The property is equipped with an owned 10 kW solar system and a five-zone ductless mini-split system, offering significant utility savings and modern climate control.
A detached converted garage features a partially completed kitchen and bathroom, providing a versatile opportunity to create a guest suite, rental unit, or home office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The detached garage requires additional investment and labor to complete the kitchen and bathroom facilities before it can be fully utilized as a living space.
The home's elevated position above the street level provides privacy but may present accessibility challenges or steep driveway navigation for some buyers.
Mid-Century Character Meets Modern Efficiency! Step into a one-of-a-kind home elevated above the street, offering privacy, distinctive design, and thoughtful updates. Inside, mid-century modern vibes blend with natural materials and unique architectural details. Designed for year-round comfort, the home features five ductless mini-split zones—four for the main house and one in the garage. An owned 7.5 kW solar system adds energy efficiency, while the membrane roof offers durability and low-maintenance appeal. Natural materials shine throughout, including cedar and lime-plaster siding, butcher-block countertops, luxury vinyl plank flooring, and oak flooring in the bedrooms. Curved walls and distinctive lighting add personality, while the open design creates an inviting connection between indoor and outdoor living. The flexible floor plan offers four bedrooms. The primary bedroom is thoughtfully separated from the other three and features an attached bathroom and private exterior door. This versatile space could also serve as an additional living room, guest space, or private retreat. A small office area nearby is ideal for working from home or hobbies. The other three bedrooms share an updated bathroom that is anything but ordinary. A versatile bonus room offers additional possibilities as a sunroom, fitness room, playroom, hobby room, or reading nook. Outside, the large driveway provides plenty of parking for multiple vehicles, an RV, boat, or recreational toys. Mature landscaping includes a beautiful live oak and Chinese pistache tree. The detached converted garage adds even more potential, with a partially completed kitchen and 3/4 bathroom. Finish the space to create an ADU, guest suite, rental, home office, studio, or additional living area. Buyer to verify ADU potential and requirements. Just a short drive to Lake Oroville, Bald Rock, and grocery shopping, this unique property offers character, flexibility, convenience, and energy-conscious living. Mid-century style, natural materials, indoor/outdoor living, and plenty of possibilities—this is a home with personality.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,906 | 1,400.158 |
| Lot Size | 24,394 | 12,679.525 |
| Price | $369.0K | $324.8K |
| Price per sq ft | $194 | $227 |
| Built year | 1958 | 1971 |
| HOA | $0 | $36 |
| Days on market | 42 | 71 |
Oct 7, 2026
$369,000
$375,000
-2% Price Drop
Initial Listing
Sep 19, 2026
$375,000
$399,000
-6% Price Drop
Initial Listing
Sep 16, 2026
$399,000
$419,000
-5% Price Drop
Initial Listing
Sep 12, 2026
$419,000
Initial Listing
Feb 27, 2025
$280,000
Public Record
Jun 11, 2014
$174,000
Public Record