
Chico, California 95973
This Value-Add Residential Asset is listed at $399,000, aligning with its $399,000 Fair Market Value. Currently maintaining a Fair Condition Rating, the 1979 structure requires interior modernization to reach the valuation premiums seen in nearby renovated comparables. The property’s standout feature is the expansive 0.32-Acre Corner Lot with Dual Swing Gates, RV Parking, and a Private Patio within the Chico Unified District. This listing represents a high-utility project for Fix-and-Flip Investors or Contractors seeking to capitalize on significant lot size and renovation upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Cimarron Subject | $399,000* List Price | 3 | 2 | 1,317 | $303 | - |
A 3019 Sandi Drive Sold | $430,000 | 3 | 2 | 1,356 | $317 | 0.4 mi |
B 705 Lawn Dr Sold | $445,000 | 3 | 2 | 1,374 | $324 | 0.3 mi |
C 3131 Coronado Sold | $388,000 | 3 | 1 | 1,044 | $372 | 0.1 mi |
D 3087 Coronado Sold | $385,000 | 3 | 1 | 1,044 | $369 | 0.2 mi |
E 594 Waterford Drive Sold | $459,000 | 3 | 2 | 1,526 | $301 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this home is functional but significantly dated, fitting the 'fair' criteria for properties over 20 years old without major recent renovations. Interior images show older wall-to-wall carpeting, a basic brick fireplace, and a bathroom with dated fixtures and a simple fiberglass shower stall. While the property appears maintained, the kitchen and bathrooms require modernization to meet current market standards, and the landscaping needs attention.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1317.
The generous 0.32-acre corner lot features dual swing gates, providing exceptional utility for RV parking, boat storage, and professional equipment for contractors or landscapers.
Situated with easy access to Highway 99 and nearby amenities, the property offers a convenient lifestyle within a well-regarded 'pride of ownership' neighborhood.
Built in 1979, the home may require cosmetic modernizations and potential system upgrades to meet the expectations of buyers looking for contemporary finishes and energy efficiency.
While offering excellent accessibility, the close proximity to Highway 99 may result in increased ambient traffic noise, which could be a concern for noise-sensitive buyers.
One of the main features of 455 Cimarron is the large "lot size". This corner lot is .32 of an acre and has dual "Swing Gates," which are perfect for RV parking, boat storage, and extra vehicle storage. Great potential for contractors, landscapers, and other professionals. This home is located in a "pride of ownership" neighborhood. Another plus is easy access to the freeway (I99) and other amenities are close by.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,317 | 1,705 | 15% |
| Lot Size | 13,939 | 8,200 | 79% |
| Price | $399.0K | $487.0K | 15% |
| Price per sq ft | $303 | $301 | 53% |
| Built year | 1979 | 2001 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 174 | 180 | 47% |
Mar 12, 2026
$399,000
Initial Listing
Oct 30, 2025
$419,900
Initial Listing
Dec 1, 1992
$120,000
Public Record
Nov 8, 1985
$85,000
Public Record