
Chico, California 95973
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $615,000—positioned well below the $645,839 Fair Market Value by 4%. This valuation gap offers $30,839 in Instant Equity for the buyer. Featuring a Good Condition Rating, this 2009-built home boasts a Chef-Inspired Kitchen and a versatile Multi-Generational Layout. With its current rental income potential and expansive 3,113 sqft floorplan, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-value, move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 538 Burnt Ranch Way Subject | $615,000* List Price | 5 | 3 | 3,113 | $207 | - |
A 3261 Mystery Run Sold | $690,000 | 4 | 3 | 2,834 | $243 | 0.2 mi |
B 3192 Sawyers Bar Lane Sold | $472,875 | 4 | 4 | 2,541 | $186 | 0.1 mi |
C 639 Burnt Ranch Way Active | $599,000 List Price | 4 | 3 | 3,159 | $190 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009, this 15-year-old home falls squarely into the 'Good' category. It is well-maintained and move-in ready with functional, high-quality original finishes including a chef-inspired kitchen with granite countertops and stainless steel appliances, and a spa-like master bath.
Boasting over 3,100 sqft with soaring 20-foot ceilings and a massive upstairs loft, this home offers a grand, airy atmosphere and significant living space for large families.
The kitchen features premium builder upgrades including granite countertops, rich cherry-stained cabinetry, and high-end stainless steel appliances, serving as a high-value focal point for the home.
A private downstairs bedroom paired with a full guest bath provides essential flexibility for multi-generational living, a home office, or hosting visitors with ease.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4356, living area = 3113.
The requirement of an accepted contract prior to any physical showing creates a high barrier to entry and may deter traditional buyers who prefer to tour a property before committing.
With a lot size of only 4,356 sqft for a 3,113 sqft residence, the backyard is relatively compact, which may be a drawback for buyers seeking significant garden or recreation area.
Step into this immaculately maintained, stunning, and expansive Discovery home, perfectly situated in a highly sought-after neighborhood and elevated with an array of premium builder upgrades. From the moment you enter, you’re welcomed by soaring 20-foot ceilings that lend an airy, open feel to the living room, dining room, family room, and a truly fabulous kitchen. The chef-inspired kitchen is a masterpiece, featuring rich dark cherry-stained cabinets, sleek granite countertops, a spacious center island ideal for gatherings, top-of-the-line stainless steel appliances, elegant crown molding, and a glass-door walk-in pantry for effortless storage. Flowing seamlessly from the kitchen, the generous family room invites relaxation with a cozy gas fireplace adorned with a painted mantle—perfect for cozy nights or entertaining guests. For added convenience, a private downstairs bedroom paired with a full guest bath offers flexibility for visitors or multi-generational living. Ascend the ultra-wide stairwell to the second level, where a massive loft area awaits—your ideal space for entertainment, relaxation, or even a home office. Upstairs, you’ll discover four spacious bedrooms, including a deluxe master retreat that redefines luxury. This serene escape features its own gas fireplace, a large customized walk-in closet, and a spa-like master bathroom complete with tile floors, a deep soaking tub, a separate glass-enclosed shower, dual sinks, and a private toilet room. Bathed in abundant natural light, this home exudes warmth and charm. Outside, the low-maintenance landscaped backyard provides a tranquil retreat, while the spacious two-car garage ensures ample room for parking and storage. More than just a house, this is a lifestyle waiting to be embraced! Currently rented at $3200 PM in case you want rental income as investment property. Shown only with accepted contract.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 3,113 | 1,797 |
| Lot Size | 4,356 | 8,276 |
| Price | $615.0K | $496.1K |
| Price per sq ft | $198 | $301 |
| Built year | 2009 | 1992 |
| HOA | $0 | $196 |
| Days on market | 16 | 52 |
Jul 6, 2026
$615,000
Initial Listing
Aug 31, 2016
$410,000
Public Record
Apr 5, 2009
$347,500
Public Record