5416 Royal Oaks Drive, Oroville, California 95966, Oroville, 95966 - 3 bed, 3 bath
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Oroville, California 95966
This Panoramic Lake-View Residence is listed at $499,000, representing a stable acquisition opportunity relative to its $441,515 Fair Market Value. Maintaining a Condition Rating of 4, the home is well-maintained and features unobstructed views of Lake Oroville from the expansive front deck, great room, and primary suite. The versatile studio layout on the main level provides excellent flexibility for multi-generational living or guest accommodations. Situated in the Oroville City district, this property balances functional climate control with a high-demand scenic location. It is an ideal match for Owner-Occupants or lifestyle-oriented buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5416 Royal Oaks Drive Subject | $475,000* List Price | 3 | 3 | 2,226 | $193 | - |
A 6307 Woodman Sold | $375,000 | 2 | 2 | 1,944 | $193 | 0.4 mi |
B 257 Apache Circle Sold | $395,000 | 3 | 2 | 1,744 | $226 | 0.6 mi |
C 5386 Royal Oaks Active | $528,000 List Price | 3 | 3 | 2,222 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, the home is well-maintained but significantly dated. The kitchen features original-style wood cabinetry, scalloped trim, and older appliances that are likely over 20 years old. While the studio has updated flooring, the primary living areas and bathrooms require modernization to meet current market standards.
The property boasts exceptional 'million-dollar' views of Lake Oroville from the expansive front deck, great room, and primary suite, significantly enhancing its market appeal.
With a complete studio on the main level and a separate three-bedroom configuration upstairs, the home offers excellent flexibility for multi-generational living or guest accommodations.
The residence is well-equipped for all seasons, featuring central heating and cooling supplemented by two pellet stoves and a wood fireplace for efficient temperature management.
Built in 1979, the home may require cosmetic updates or modernization of fixtures and finishes to meet the expectations of contemporary buyers.
The primary living areas are located on the second floor, which may present long-term accessibility challenges for some residents despite the existing exterior ramp.
Price Reduced! Excellent Oroville Lake million-dollar views from huge front Deck, Great Room and Primary room. Picture perfect bay window. Complete studio and garage at the main level. Upstairs include 3 bedrooms, two baths, family room, kitchen, and huge front and rear decks. From the 2nd floor outside, there is concrete ramp on right side and stairs on the left side to get down to front of the property downstairs. The views of the Oroville Lake are fabulous from the huge front deck, bay window, family room, primary bedroom and from the studio downstairs as well. You can even enjoy the lake views from the counter height dining area while enjoying meals. Besides central heating and cooling for the whole house, there are two pallet stoves and one wood fireplace. Make it your home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 74% |
| Square foot | 2,226 | 1,499 | 82% |
| Lot Size | 7,405 | 14,375 | 24% |
| Price | $475.0K | $324.5K | 78% |
| Price per sq ft | $213 | $213 | 50% |
| Built year | 1979 | 1974 | 59% |
| HOA | $30.0 | $0 | 91% |
| Days on market | 47 | 157 | 3% |
Jun 10, 2026
$475,000
$499,000
-5% Price Drop
Initial Listing
Apr 30, 2026
$499,000
Initial Listing
Apr 11, 2022
$356,000
Public Record
Dec 1, 2006
$310,000
Public Record