
Paradise, California 95969
This Modern Single Family Residence is a Strong Value Opportunity, listed at $289,000—positioned well below the $320,981 Fair Market Value by 9%. This valuation gap offers $31,981 in Instant Equity for the buyer. Featuring a 2022 Construction date and a Mint Condition Rating, this home includes a versatile bonus room and a large lot with distant panoramic canyon views. It is an ideal acquisition for first-time buyers or commuters seeking a turnkey, energy-efficient property in the Paradise Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5550 Vista Subject | $289,000* List Price | 2 | 2 | 1,120 | $287 | - |
A 5334 Filbert Street Sold | $370,000 | 3 | 2 | 1,316 | $281 | 0.5 mi |
B 5914 Crestmoor Sold | $335,000 | 2 | 2 | 1,021 | $328 | 0.9 mi |
C 319 Redbud Drive Sold | $283,000 | 2 | 2 | 1,029 | $275 | 0.9 mi |
D 5617 Scottwood Sold | $327,500 | 2 | 2 | 1,021 | $321 | 0.7 mi |
E 5342 Filbert Active | $360,000 List Price | 2 | 2 | 1,320 | $273 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is in mint condition with modern shaker cabinetry, stainless steel appliances, laminate flooring, and energy-efficient mini-split HVAC systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 22651, living area = 1120.
As a 2022 build, the home features contemporary energy-efficient systems, modern Shaker-style cabinetry, and updated finishes that minimize the need for immediate capital improvements.
The inclusion of a flexible bonus room effectively expands the functional utility of the 1,120 square foot floor plan, making it suitable for a home office, den, or guest accommodations.
With only 1,120 square feet of living space, the home's footprint may be restrictive for growing families or buyers requiring larger communal areas.
The two-bedroom configuration targets a narrower segment of the market compared to standard three-bedroom homes, which could impact long-term resale liquidity.
Welcome to 5550 Vista Way, a beautifully crafted 2022-built home offering modern comfort and thoughtful design in South Paradise. This 2-bedroom, 2-bathroom home features 1,120 square feet of well-designed living space, plus a versatile bonus room ideal for a home office, guest space, den, or additional living area. Step inside to a welcoming open-concept floor plan with a seamless flow between the living, dining, and kitchen areas. Contemporary finishes, laminate flooring, ceiling fans throughout, and stylish Shaker-style cabinetry create a comfortable and inviting atmosphere while complementing the home's modern design and energy-efficient features. Conveniently located in South Paradise with easy access to Skyway, this home offers a convenient commute to Chico while still enjoying the quieter, small-town atmosphere Paradise is known for. Work, school, shopping, and everyday amenities are all within easy reach. The property may also be an excellent candidate for the Town of Paradise First-Time Home Buyer Program, providing a potential opportunity for qualified buyers to receive additional financial assistance toward homeownership. Don't miss this opportunity to own a newer, thoughtfully designed home in a desirable South Paradise location. Schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,120 | 1,520.259 |
| Lot Size | 22,651 | 16,883.279 |
| Price | $289.0K | $433.0K |
| Price per sq ft | $258 | $284 |
| Built year | 2022 | 2025 |
| HOA | $0 | $0 |
| Days on market | 27 | 57 |
Aug 13, 2026
$289,000
Initial Listing