6 Mayfair, Chico, California 95973, Chico, 95973 - 3 bed, 2 bath
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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 | $449,900* List Price | 3 | 2 | 1,373 | $342 | - |
A 744 Kings Canyon Sold | $450,000 | 3 | 2 | 1,374 | $328 | 0.4 mi |
B 598 El Reno Drive Sold | $367,000 | 3 | 2 | 1,440 | $255 | 0.5 mi |
C 254 E Shasta Sold | $530,000 | 3 | 2 | 1,766 | $300 | 0.6 mi |
D 3019 Sandi Drive Sold | $430,000 | 3 | 2 | 1,356 | $317 | 0.4 mi |
E 3131 Coronado Sold | $388,000 | 3 | 1 | 1,044 | $372 | 0.5 mi |
F 471 Mojave Court Pending | $429,000 List Price | 3 | 2 | 1,317 | $326 | 0.5 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.
6 Mayfair Dr offers a well-cared-for 3-bedroom, 2-bathroom home with approximately 1,373 sq ft of primary living space, plus an additional ~400 sq ft of usable living area not included in the main square footage. This added space provides flexibility for a home office, second living area, gym, or can easily convert back to garage space. The outdoor space is where this property truly stands apart. The yard isn’t just large, it’s a 1/3 of an acre in Chico! It’s clean, functional, and thoughtfully laid out with multiple areas to enjoy. Whether you’re entertaining, gardening, or just want room to spread out, the setup gives you options that are hard to find at this price point. A built-in outdoor kitchen with a BBQ and sink, deck space, mature landscaping, and open lawn areas create a natural setting for both everyday living and hosting. Featuring ample parking and storage, including a newly laid driveway that can accommodate up to 6 vehicles, along with covered parking for RVs, boats, or any additional toys that fit your lifestyle. Inside, the home offers a comfortable and inviting layout with updated flooring, a warm living area with a fireplace, and a functional kitchen with plenty of storage and workspace. Thoughtful touches like the custom barn-style door add character while keeping the home practical and livable. Major items have already been addressed, including a new HVAC system, connection to Chico City Sewer (which will be completed by close of escrow) and a roof savers warranty for added peace of mind. Appliances are included in the sale of the property Most inspections (excluding well) are already completed and available for buyer review, helping support a smooth and efficient escrow timeline.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,373 | 1,719 | 17% |
| Lot Size | 13,939 | 7,750 | 80% |
| Price | $449.9K | $500.0K | 24% |
| Price per sq ft | $328 | $303 | 76% |
| Built year | 1965 | 2004 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 55 | 128 | 12% |
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