
Chico, California 95973
This Single Family Residence represents a Strong Value Opportunity, listed at $449,900—positioned well below the $469,500 Fair Market Value by 4%. This valuation gap offers $19,600 in Instant Equity. With a Condition Rating of 3, the home features significant infrastructure upgrades, including a new HVAC and city sewer connection. The expansive 1/3-acre lot with a built-in outdoor kitchen provides a unique lifestyle advantage. This property is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers prioritizing move-in readiness.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6 Mayfair Subject | $439,000* List Price | 3 | 2 | 1,373 | $320 | - |
A 471 Mojave Court Sold | $432,000 | 3 | 2 | 1,317 | $328 | 0.5 mi |
B 455 Cimarron Sold | $375,000 | 3 | 2 | 1,317 | $285 | 0.6 mi |
C 744 Kings Canyon Sold | $450,000 | 3 | 2 | 1,374 | $328 | 0.4 mi |
D 598 El Reno Drive Sold | $367,000 | 3 | 2 | 1,440 | $255 | 0.5 mi |
E 254 E Shasta Sold | $530,000 | 3 | 2 | 1,766 | $300 | 0.6 mi |
F 3315 Silverbell Rd Sold | $410,000 | 3 | 2 | 1,120 | $366 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1965, the home has undergone significant renovations within the 5-15 year range. Key updates include a new HVAC system, updated LVP flooring, and a modernized kitchen with stainless steel appliances and stone countertops. The bathrooms feature contemporary vanities and barn doors, and the property is being connected to city sewer, making it well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1373.
The property sits on a rare 1/3-acre lot featuring a built-in outdoor kitchen with a BBQ and sink, mature landscaping, and a large deck, making it a premier space for entertaining.
Beyond the 1,373 sq ft main residence, an additional ~400 sq ft of flexible space offers immediate utility as a home office, gym, or studio without the cost of an expansion.
The conversion of the garage into living space means the property currently lacks traditional enclosed parking, which may be a deterrent for buyers prioritizing vehicle protection.
Two price reductions within the first 28 days on the market suggest the property faced initial overpricing or a lack of immediate buyer urgency at the original valuation.
Space. Flexibility. Room to Live. Opportunities like this don’t come along often in Chico. Situated on nearly one-third of an acre, this property offers the kind of outdoor space that’s becoming increasingly difficult to find—giving you room for RVs, trailers, boats, hobbies, entertaining, gardening, and all the extras that simply don’t fit on a typical city lot. Inside, you’ll find a welcoming floor plan with abundant natural light, a versatile bonus living area, and a newer HVAC system for year-round comfort. Whether you need space for a home office, game room, workout area, or guest retreat, this home adapts to your lifestyle. Step outside and imagine weekends spent around the outdoor kitchen and fire pit, kids and pets enjoying the spacious backyard, and the convenience of having room to park your recreational vehicles and outdoor toys at home instead of paying for storage. To provide buyers with added confidence, the sellers have completed and passed all inspections, with reports available for review. The home is equipped with a solar Power Purchase Agreement (PPA) rather than a traditional lease. Homeowners pay only for the electricity the system generates at .19 a kilowatt. Additional details are available upon request. This is not a leased solar system. If you’ve been searching for a property that offers more than just another house—a property with room to grow, room to entertain, and room for the lifestyle you’ve been dreaming of—this North Chico home is one you won’t want to miss. Buyer to verify all information to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,373 | 1,721.208 |
| Lot Size | 13,939 | 8,138.524 |
| Price | $439.0K | $494.6K |
| Price per sq ft | $320 | $304 |
| Built year | 1965 | 1992 |
| HOA | $0 | $166 |
| Days on market | 142 | 54 |
Jul 28, 2026
$439,000
$449,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$449,000
$449,900
+0% Price Increase
Initial Listing
May 18, 2026
$449,900
$459,000
-2% Price Drop
Initial Listing
May 5, 2026
$459,000
$469,500
-2% Price Drop
Initial Listing
Apr 20, 2026
$469,500
Initial Listing
Nov 22, 2005
$265,000
Public Record