
Oroville, California 95966
This Custom Lakeview Residence is a Strong Value Opportunity, listed at $599,999—positioned well below the $666,935 Fair Market Value by 10%. This valuation gap provides $66,936 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the home features panoramic Lake Oroville views, owned solar, and a multi-generational lower level complete with a kitchenette and media room. Located within the Oroville Union district, this property combines high-end craftsmanship with modern infrastructure. It is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or multi-generational families requiring flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5360 Treasure Hill Subject | $599,999* List Price | 3 | 4 | 3,549 | $188 | - |
A 5419 Royal Oaks Active | $629,900 List Price | 3 | 3 | 3,165 | $199 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1985, the property has undergone extensive recent renovations that bring it up to modern standards. Key updates include a newer roof, HVAC system, windows, and fully owned solar panels. The interior showcases high-quality finishes such as hardwood flooring, a modernized kitchen with stone countertops and upgraded stainless steel appliances, and a fully updated primary suite. The home is exceptionally well-maintained with no visible deferred maintenance, featuring premium additions like a whole-house vacuum and a home generator.
The property boasts stunning, unobstructed views of Lake Oroville from the primary suite, living room, and expansive back deck, providing a high-value aesthetic and serene atmosphere.
The lower level is designed as a secondary residence with its own living room, bedrooms, laundry, and a media room with a kitchenette, offering perfect flexibility for guests or extended family.
Significant capital improvements including fully owned solar, a home generator, newer HVAC, roof, and windows ensure lower utility costs and reduced immediate maintenance needs for the buyer.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The 1985 ABC Cedar custom construction and heavy woodwork provide unique character but may feel dated or too specific for buyers seeking a contemporary or minimalist aesthetic.
While the lot size is over 8,000 square feet, the large home footprint and sloped terrain focused on views leave minimal flat, usable yard space for traditional outdoor activities or gardening.
Enjoy stunning lake views in this rare gem—an exceptional ABC Cedar CUSTOM built home offering character and craftsmanship. Showcasing exceptional detail, this property features custom woodwork throughout and a striking stone fireplace that anchors the living space with warmth and charm. Thoughtfully paired with modern comforts, the home offers fully owned solar, newer HVAC, roof, windows, and updated appliances. Over the years, the seller has carefully enhanced the home with updated flooring, fresh paint, and more—always preserving its original charm and timeless appeal. The main level welcomes you with an immediate sense of space and light. As you enter, you're greeted by a spacious living room with breathtaking lake views that continue seamlessly through the kitchen, dining area, and primary suite. The kitchen has been tastefully updated with newer cabinetry, countertops, and upgraded appliances, offering both style and functionality. A custom laundry room adds convenience with a full wall of pantry storage Sidekick (full size) refrigerator and freezer plus additional counter space. The primary suite is beautifully updated, featuring a step-in shower, double vanity, and a generous walk-in closet. Downstairs, the home lives like a second residence—complete with additional bedrooms, a full bathroom, living room, second laundry area, and an expansive media room featuring a kitchenette and projection theater with big screen. This setup is ideal for multi-generational living or hosting guests with ease. Step outside to an expansive back deck designed to take full advantage of the stunning lake views and sunshine—perfect for relaxing or entertaining. In addition, the home offers abundant storage throughout, complete with a workshop and a spacious three-car garage—perfect for hobbies, projects, or extra space. This is truly a must-see home that offers space, flexibility, and unmatched character plus upgrades such as a complete whole house vacuum system serving both levels, hardwood floors on the main level, built in cabinetry/workbench in garage, home generator and so much more. Come experience the beauty, comfort, and lifestyle this home has to offer—just minutes from beautiful Lake Oroville, where endless outdoor adventures and unforgettable moments await.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 4.0 | 2.0 | 93% |
| Square foot | 3,549 | 1,509 | 97% |
| Lot Size | 8,276 | 16,988 | 23% |
| Price | $600.0K | $325.0K | 95% |
| Price per sq ft | $169 | $218 | 20% |
| Built year | 1985 | 1975 | 73% |
| HOA | $30.0 | $0 | 87% |
| Days on market | 6 | 181 | 1% |
Apr 16, 2026
$599,999
Initial Listing
Nov 20, 2014
$242,500
Public Record