5318 Treasure Hill, Oroville, California 95966, Oroville, 95966 - 2 bed, 2 bath
Loading property details...
5318 Treasure Hill
Oroville, California 95966
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,440Sq Ft
6,534Lot Size
Property Price
LIST PRICE$290,000
EST. MARKET VALUE
$273,369
6% AboveMARKET VALUE
SUMMARY
This Kelly Ridge Single Family Residence is a Strong Value Opportunity, listed at $290,000—positioned slightly above the $273,369 Fair Market Value. While the price reflects a premium, the property maintains a Good Condition Rating and offers significant lifestyle appeal with Panoramic Lake Views and a Spacious Rear Deck. The lower-level bonus room provides excellent flexibility for a home office or guest space. This property is an ideal acquisition for Owner-Occupants seeking a peaceful retreat or first-time buyers looking for a well-maintained home in a scenic location.
Estimated Market Value
$273,369
Based on Realkey algorithm analyzing recent comparable sales in Oroville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5318 Treasure Hill Subject 2 bd · 2 ba · 1,440 sqft · $190 | $290,000* List Price | 2 | 2 | 1,440 | $190 | - |
A 23 Mccabe Court Sold 2 bd · 2 ba · 1,568 sqft · $204 · 0.3 mi | $320,000 | 2 | 2 | 1,568 | $204 | 0.3 mi |
B 5364 Treasure Hill Sold 2 bd · 2 ba · 1,766 sqft · $156 · 0.1 mi | $275,000 | 2 | 2 | 1,766 | $156 | 0.1 mi |
C 176 Apache Circle Sold 3 bd · 2 ba · 1,757 sqft · $165 · 0.6 mi | $290,000 | 3 | 2 | 1,757 | $165 | 0.6 mi |
D 42 Greenbrier Active 3 bd · 2 ba · 1,511 sqft · $249 · 0.5 mi | $375,500 List Price | 3 | 2 | 1,511 | $249 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1981, the property appears well-maintained and move-in ready. While the structure is over 40 years old, the exterior and interior show signs of recent cosmetic updates, including modern paint schemes and fresh carpeting. The description indicates functional systems and a clean kitchen/bath setup, placing it in the 'Good' category as a well-kept home that does not currently require major repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Scenic Views and Location
The property offers stunning panoramic and peek-a-boo views of Lake Oroville and the surrounding foothills, situated in the highly desirable Kelly Ridge area near recreational activities.
- Versatile Living Space
Beyond the primary bedrooms, the lower-level bonus room provides excellent flexibility for a home office, workshop, or guest space, complemented by high vaulted wood-beamed ceilings in the main living area.
- Outdoor Appeal and Landscaping
The home features a spacious rear deck for entertaining and low-maintenance landscaping with established fruit trees, offering a peaceful setting with minimal upkeep.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1440, other record living area = 1604.
- Dated Architectural Era
Built in 1981, the home may require cosmetic modernizations to the kitchen and bathrooms to align with contemporary design trends and buyer expectations.
- Limited Bedroom Count
With only two official bedrooms, the property may face challenges attracting larger families or buyers who require a traditional three-bedroom configuration.
About 5318 Treasure Hill
LAKE VIEWS, MOUNTAIN VIEWS, AND THE CHARM OF KELLY RIDGE! Welcome to this well-maintained 2-bedroom, 2-bathroom home with an additional bonus room, located just minutes from Lake Oroville. Step inside to an open living room featuring vaulted wood-beamed ceilings, a cozy wood-burning fireplace, and beautiful natural light. The kitchen offers lots of cabinetry, a walk-in pantry, and all major appliances. A separate indoor laundry room provides additional storage and convenience. The primary suite features plenty of closet space, a separate vanity area, and a walk-in shower. Step outside onto the rear deck and take in the beautiful views of Lake Oroville and the surrounding Foothills. The lower-level bonus room offers flexible space for a potential additional bedroom, hobby room, workshop, home office, or additional storage. Outside, enjoy low-maintenance landscaping, mature shade trees, raised garden beds, and several established fruit trees. Additional features include an attached two-car garage with overhead storage. Whether you're looking for a full-time residence or a peaceful getaway near the lake, this property offers comfort, character, and a beautiful setting. Come see what makes this Kelly Ridge home special!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $35.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,440 | 1,400.158 |
| Lot Size | 6,534 | 12,679.525 |
| Price | $290.0K | $324.8K |
| Price per sq ft | $201 | $227 |
| Built year | 1981 | 1971 |
| HOA | $35.0 | $36 |
| Days on market | 3 | 71 |
Pricing History
Listed for Sale
Oct 21, 2026
$290,000
Initial Listing
Sold
Jul 14, 2020
$305,000
Public Record
Sold
Nov 13, 2019
$196,000
Public Record