
Oroville, California 95966
This Turnkey Residential Property represents a Prime Investment Opportunity, listed at $329,000—positioned well below the $338,977 Fair Market Value by 3%. This valuation gap offers $9,977 in Instant Equity. Featuring a Mint Condition Rating with a 2026 roof, updated HVAC, and Granite Kitchen, the home offers exceptional functionality with extensive RV parking and storage. This rare, versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with significant utility.
Property is new construction or fully renovated.
Despite the 1954 build date, the property has undergone extensive renovations within the last 1-5 years, including a new 40-year roof (2026), updated HVAC, 100-amp electrical panel, and new plumbing lines. The kitchen and bathroom feature modern updates like granite countertops and floor-to-ceiling tile, meeting the criteria for mint condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13504, living area = 1124.
The property features significant recent improvements including a new 40-year roof (2026), a Lennox HVAC system, updated electrical panel, and new water lines, ensuring long-term durability and reduced maintenance costs.
With double-gate drive-through access, two oversized commercial-grade carports, and a newer metal garage, the property offers unparalleled space for RVs, boats, and multiple vehicles.
At 1,124 square feet with only two bedrooms and one bathroom, the home's layout may be restrictive for larger families or those requiring more private living space.
Situated on Olive Highway, the property may experience higher noise levels and traffic volume compared to a traditional residential side street, potentially affecting quiet enjoyment.
NEW, NEW, NEW! Extensively updated and thoughtfully improved, this property offers an impressive combination of major system upgrades, stylish interior improvements, plenty of parking and storage, and versatile outdoor living space. With documented improvements completed over the past several years, this property is ready for its next owner to enjoy. NEW IN 2026: 40-year-rated composition roof with plywood underlayment and flashing, rebuilt front porch, gutters and roofing improvements to the rear portion of the garage. NEWER MAJOR SYSTEMS: Lennox rooftop HVAC system with smart thermostat, Bluetooth attic fan, 100-amp electrical panel, water line from the main to the home, pressure regulator, propane tank, and more. Inside, the UPDATED KITCHEN features newer cabinetry, granite countertops, and tile backsplash. The UPDATED BATHROOM includes a newer bathtub/shower and floor-to-ceiling tile. Throughout the home, fresh interior paint creates a very clean feel, while the exterior has also been painted and refreshed, complementing the improvements throughout the property. But the real standout is the exceptional functionality of the property. With double-gate drive-through side access to the rear, there is room for RVs, boats, trailers, work vehicles, recreational toys, and more. Two oversized carports were built in 2022 using commercial-grade lumber, each measuring approximately 12’ x 26’ with more than 8’ of interior clearance. In 2025, an additional 14’ x 24’ wood foundation was constructed using commercial-grade lumber for vehicle and storage use, followed by the addition of a 13’ x 22’ metal garage on top. Together with the attached single-car garage, these improvements provide an abundance of covered parking, workspace, and storage. A bonus room connected to the garage offers even more versatility for an office, gym, workshop, or additional storage. The outdoor spaces have also been thoughtfully improved with NEWER landscaping, front-yard sprinklers, artificial turf, compacted gravel, privacy fencing, vehicle-access gates, a NEW greenhouse, storage shed, dog kennels, and entertaining areas. Enjoy the NEWER 8’ x 14’ teak deck and 10’ x 12’ metal gazebo with a shaded roof, perfect for entertaining, or enjoying the outdoors. Whether you’re looking for a home with room for your RV, boat, work vehicles, trailers, classic cars, pets, gardening, or simply need ample storage and parking, this property offers a rare level of versatility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,124 | 1,400.158 |
| Lot Size | 13,504 | 12,679.525 |
| Price | $329.0K | $324.8K |
| Price per sq ft | $293 | $227 |
| Built year | 1954 | 1971 |
| HOA | $0 | $36 |
| Days on market | 81 | 71 |
Aug 17, 2026
$329,000
$359,000
-8% Price Drop
Initial Listing
Aug 4, 2026
$359,000
Initial Listing
Aug 10, 2018
$150,000
Public Record