480 Redwood Way, Chico, California 95926, Chico, 95926 - 3 bed, 2 bath
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Chico, California 95926
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $490,000—positioned well below the $521,143 Fair Market Value by 5%. This valuation gap provides $31,143 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a remodeled kitchen, new flooring, and a private pool, this home offers a premium lifestyle near Bidwell Park. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers prioritizing location and comfort.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 480 Redwood Way Subject | $490,000* List Price | 3 | 2 | 1,559 | $334 | - |
A 27 Amber Way Sold | $505,000 | 3 | 2 | 1,542 | $327 | 0.3 mi |
B 444 Lilac Lane Sold | $429,000 | 3 | 2 | 1,207 | $355 | 0.1 mi |
C 6 Doris Way Sold | $465,000 | 3 | 2 | 1,364 | $341 | 0.2 mi |
D 5 Nancy Lane Sold | $495,000 | 3 | 2 | 1,637 | $302 | 0.8 mi |
E 837 Alice Sold | $426,500 | 3 | 2 | 1,066 | $400 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has recently undergone a comprehensive 'facelift' (<5 years) including remodeled bathrooms, brand-new kitchen appliances, new flooring, and fresh interior paint. Despite the 1960 build date, the recent renovations and move-in ready status align with the criteria for excellent condition.
The property has undergone a comprehensive interior update including new flooring, fresh paint, remodeled bathrooms, and brand-new kitchen appliances, offering a move-in-ready experience.
Featuring an inviting pool and a large deck area, the home is perfectly designed for summer entertaining and enjoying the warm Chico climate.
Ideally situated in a desirable neighborhood near Bidwell Park, schools, and shopping, the property offers excellent convenience and long-term lifestyle value.
Built in 1960, the home may have aging underlying systems typical of its era that might require future maintenance despite the recent cosmetic 'facelift'.
With the pool and large deck occupying a significant portion of the 6,970 sqft lot, there is limited traditional green space for gardening or play areas.
480 Redwood Way just got a fresh new facelift and is ready for its new owners! This charming pool home is perfectly timed for summer living with a large deck area made for relaxing, entertaining, and enjoying warm Chico evenings. Conveniently located in a wonderful neighborhood near Bidwell Park, schools, and shopping, this home combines comfort, style, and location. Inside, you’ll find fresh interior paint, new flooring, updated light fixtures and hardware, remodeled bathrooms, and brand-new kitchen appliances. The spacious living room is filled with natural light from large windows and features a beautiful brick fireplace with a fun brick accent wall that creates warmth and character. The open layout flows into the dining area or additional living space, all overlooking the inviting pool and backyard. The back of the home offers a huge laundry and storage area, two guest bedrooms, and a private primary suite with its own ensuite bathroom. Cute, updated, and move-in ready, this home is a fantastic opportunity in a great location!
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 | 1,559 | 1,597.5 | 48% |
| Lot Size | 6,970 | 7,841 | 42% |
| Price | $490.0K | $439.5K | 65% |
| Price per sq ft | $314 | $291 | 69% |
| Built year | 1960 | 1971 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 128 | 3% |
May 19, 2026
$490,000
Initial Listing
Oct 13, 2023
$399,000
Public Record