
Chico, California 95926
This Spacious Single Family Residence is a Prime Investment Opportunity, listed at $439,000—positioned well below the $450,718 Fair Market Value by 2%. This valuation gap offers $11,718 in Instant Equity for the buyer. The property maintains a Good Condition Rating with recent updates like dual-pane windows and refreshed cabinetry, while original hardwood floors offer significant value-add potential. Located in a desirable neighborhood near Bidwell Park, this is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 476 Redwood Subject | $419,000* List Price | 4 | 2 | 1,458 | $295 | - |
A 1688 Park View Sold | $450,000 | 3 | 2 | 1,747 | $258 | 0.2 mi |
B 444 Lilac Lane Sold | $429,000 | 3 | 2 | 1,207 | $355 | 0.1 mi |
C 13 Joy Lane Sold | $448,000 | 3 | 2 | 1,510 | $297 | 0.1 mi |
D 27 Amber Way Sold | $505,000 | 3 | 2 | 1,542 | $327 | 0.3 mi |
E 886 Lynn Lane Sold | $454,000 | 4 | 2 | 1,803 | $252 | 0.9 mi |
F 728 Wayne Lane Sold | $463,000 | 4 | 2 | 1,449 | $320 | 0.6 mi |
G 480 Redwood Way Active | $462,500 List Price | 3 | 2 | 1,559 | $297 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1960, the property has been well-maintained and updated with newer kitchen cabinetry, refreshed bathroom vanities, and dual-pane vinyl windows. The interior features fresh paint and updated lighting, making it move-in ready and functional, which aligns with the Good criteria for renovated older homes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1458.
Situated in one of Chico's most desirable neighborhoods, the property offers exceptional proximity to Bidwell Park, Hooker Oak Park, and top-rated schools.
The home features significant interior improvements, including fresh paint, newer kitchen cabinetry, updated lighting, and energy-efficient dual-pane windows.
Built in 1960, the property may require future capital expenditures for aging systems such as plumbing or electrical that were not noted as recently updated.
With four bedrooms configured within 1,458 square feet, individual room sizes or common living areas may feel constrained compared to modern floor plans.
Move-in ready where it matters, full of potential where it counts, and tucked into one of Chico's most beloved neighborhoods. This is the kind of home where life naturally unfolds. Afternoons exploring Bidwell Park, kids riding bikes through the neighborhood, and summer evenings spent in a backyard that's ready to become whatever you've been dreaming of. Inside, thoughtful updates—including fresh interior paint, updated lighting and fixtures, newer kitchen cabinetry, refreshed bathroom vanities, and vinyl dual-pane windows throughout—mean you can settle in from day one. With four bedrooms and plenty of space to spread out, there's room for growing families, overnight guests, work-from-home days, and all of life's next chapters. And beneath the carpet? Original hardwood floors are waiting to be uncovered—a hidden piece of this home's story, ready to be brought back to life and enjoyed for years to come. Outside, the possibilities are endless. The roomy backyard is a blank canvas for backyard dinners under string lights, raised garden beds, a pool, or the gathering place everyone wants to be. A mature peach tree welcomes you home, while a lemon tree out back brings a little taste of California to your everyday routine. Just minutes from Bidwell Park, Hooker Oak Park, and some of Chico's top-rated schools, this is more than a home in a great location—it's a place where neighbors wave, weekends happen outdoors, and the memories you'll look back on haven't even been made yet.
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 | 1,458 | 1,721.208 |
| Lot Size | 7,405 | 8,138.524 |
| Price | $419.0K | $494.6K |
| Price per sq ft | $287 | $304 |
| Built year | 1960 | 1992 |
| HOA | $0 | $166 |
| Days on market | 43 | 54 |
Aug 5, 2026
$419,000
$439,000
-5% Price Drop
Initial Listing
Jul 28, 2026
$439,000
Initial Listing