
Forest Ranch, California 95942
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $311,273 Fair Market Value by 3%. This valuation gap offers $12,273 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Condition Rating of 4, the 1.24-acre lot and floor-to-ceiling stone fireplace provide a strong foundation for forced appreciation. This is a value-add acquisition ideal for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4714 Snow Mountain Subject | $299,000* List Price | 3 | 2 | 1,517 | $205 | - |
A 4882 Chateau Sold | $347,500 | 3 | 2 | 1,814 | $192 | 0.5 mi |
B 15383 Forest Ranch Active | $279,000 List Price | 3 | 2 | 1,282 | $218 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983 (41 years old), the home is functional but significantly dated, featuring original 1980s finishes such as popcorn ceilings, vintage entryway tile, and older carpeting. While the description notes it is 'well-built' and 'comfortable,' it explicitly mentions the need for cosmetic updates and 'breathing fresh life' into the space, indicating that the kitchen, baths, and systems are likely near the end of their decorative or functional life cycles.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 54014, living area = 1517.
Situated on 1.24 peaceful acres surrounded by mature pines and cedars, this property offers a serene mountain retreat with significant outdoor space and privacy.
The interior features a striking floor-to-ceiling stone fireplace, skylights for natural light, and a versatile bonus room, providing a strong foundation for a custom home.
The home is in need of cosmetic refreshing throughout, which may require an additional budget and effort from the buyer immediately after purchase.
Built in 1983, the property likely features original finishes and aging infrastructure that may not meet the aesthetic or efficiency standards of modern buyers.
Ready for its next chapter, this well-built Forest Ranch home offers the perfect opportunity to create something truly special. Tucked among the towering pines on 1.24 peaceful acres, this 3-bedroom, 2-bath home offers 1,517 square feet of comfortable living space, a functional floor plan, and the kind of mountain setting people come to Forest Ranch to enjoy. While the home is ready for cosmetic updates, it provides a wonderful opportunity for new owners to breathe fresh life into a home with great bones, timeless character, and endless potential. The spacious living room is anchored by a striking floor-to-ceiling stone fireplace with a freestanding wood stove, while skylights and large windows fill the home with natural light. Just off the kitchen, a versatile bonus living area offers the flexibility to serve as a home office, homeschool room, den, reading nook, or hobby space. The generously sized kitchen provides abundant cabinetry and workspace, making it easy to enjoy today while planning future updates. The primary suite features a walk-in closet and private bath, while the thoughtful floor plan offers comfortable spaces for everyday living. Step outside to enjoy the peaceful surroundings from the expansive deck, where you can relax with your morning coffee, entertain family and friends, or simply enjoy the sights and sounds of the forest. Mature pines, cedars, and seasonal wildflowers create a beautiful natural setting that changes with every season. An oversized attached garage provides ample room for vehicles, storage, hobbies, or workshop space. Located just a short drive from Chico, this home offers the tranquility of mountain living with the convenience of town nearby. Whether you're searching for your first mountain home, a peaceful retreat, or a property where you can build equity by updating over time, this Forest Ranch home is ready to welcome its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,517 | 1,808 |
| Lot Size | 54,014 | 52,708 |
| Price | $299.0K | $400.2K |
| Price per sq ft | $197 | $218 |
| Built year | 1983 | 1996 |
| HOA | $0 | $270 |
| Days on market | 7 | 65 |
Jul 15, 2026
$299,000
Initial Listing