
Richvale, California 95974
Analysis of 4987 Midway, Richvale, California 95974 is currently available with a list price of $525,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Richvale Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Although built in 1959, the property has undergone significant interior updates, most notably a kitchen renovation featuring granite countertops and maple shaker cabinetry that appears to be 10-15 years old. The home is move-in ready and functional, with an updated electrical panel in the detached warehouse, placing it in the 'Good' category despite the original age of the structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48787, living area = 1700.
The 1.25-acre fully fenced parcel provides significant space for RV storage, livestock, or agricultural projects, offering rare privacy and utility in a rural setting.
A large detached warehouse with its own electrical panel offers exceptional value for contractors, hobbyists, or home-based business owners seeking dedicated workspace.
The property is marketed as needing 'personal updates' and 'finishing touches,' suggesting that areas outside the kitchen may require additional capital investment to reach full potential.
With only two bedrooms for a 1,700-square-foot residence, the home may face challenges in attracting larger families compared to more common three-bedroom configurations.
Country Living with Room to Grow! Large Fully Fenced Parcel & Endless Potential! Welcome to peaceful country living in the upcoming desirable area, where privacy, convenience, and opportunity come together. Situated on an expansive 1.12 acre fully fenced parcel, this property offers the perfect balance of rural charm while remaining on a direct commuting route to Chico, Oroville, Paradise, Marysville, Sacramento, and beyond. This is an excellent opportunity for families looking to put down roots or investors searching for a property with exceptional upside. The home offers a spacious, open floor plan with great bones and is ready for your personal updates and finishing touches. The kitchen features Natural Gold Granite countertops, solid Maple Shaker cabinetry, Tumbled Travertine backsplash and an abundance of storage, creating a timeless and functional space for everyday living. A welcoming enclosed entry helps keep the home clean while providing an added layer of security, and the adjoining mudroom/laundry area addition offers the perfect transition for country living. Outside, the possibilities continue. In addition to the attached two-car garage. With over an acre of usable land, there's plenty of room for gardens, animals, RVs, recreational vehicles, equipment, or simply enjoying the peaceful surroundings. Richvale is known for its agricultural heritage, open spaces, and quiet country atmosphere while offering convenient access to Hwy 99 for nearby shopping, dining, schools, and employment centers. Whether you're looking for a place to raise a family, create your dream country property, or invest in a home with incredible potential, this is a rare opportunity to build equity in one of Butte County's most desirable rural communities. Bring your vision and make this versatile property your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,012 | - |
| Lot Size | 48,787 | - |
| Price | $525.0K | $400.0K |
| Price per sq ft | $261 | $209 |
| Built year | 1959 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 74 |
Jul 14, 2026
$525,000
Initial Listing
Aug 11, 2020
$365,000
Public Record