
Oroville, California 95966
This Renovated Multi-Generational Residence is a High-Potential Investment Opportunity, listed at $425,000—positioned well below the $485,934 Fair Market Value by 12%. This valuation gap provides $60,934 in Instant Equity. Boasting an Excellent Condition Rating, the property features a 2019 ADU, 36 owned solar panels, and 2025 luxury plank flooring. The 10ft x 40ft composite deck offers sweeping Lake Oroville and mountain views, while the Generac backup system ensures infrastructure reliability. This versatile asset is a premier choice for Owner-Occupants seeking rental income or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6292 Woodman Drive Subject | $425,000* List Price | 3 | 3 | 2,074 | $225 | - |
A 257 Apache Circle Sold | $395,000 | 3 | 2 | 1,744 | $226 | 0.9 mi |
B 6470 Jack Hill Active | $549,900 List Price | 4 | 3 | 2,290 | $240 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including new luxury plank flooring, solid surface countertops, and fresh paint in 2025. Major systems are nearly new, with a 2019 ADU addition, owned solar panels, a Generac backup system, and HVAC replaced within the last four years. The main kitchen features high-end GE Profile stainless appliances, and the bathrooms have been updated with modern vanities and fixtures, meeting the criteria for a fully renovated home with no deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11130, living area = 2074.
The property includes a fully functional ADU completed in 2019 with a separate entrance, 9ft ceilings, and a mini-split system, offering excellent potential for rental income or guest accommodations.
The home is equipped with 36 owned solar panels, a Generac backup power system, newer dual-pane windows, and a central HVAC system replaced approximately four years ago, ensuring low utility costs and reliability.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2074, other record living area = 1680. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The primary residence only offers two bedrooms, which may limit appeal for larger families who prefer more sleeping quarters under one roof rather than utilizing the detached ADU.
Despite many 2025 updates, the kitchen retains tile countertops and some original 1980s character, which may require further investment for buyers seeking a fully modernized aesthetic.
Enjoy the Lake Life, Views and Mountains! Kelly Ridge is a fantastic location for proximity to Lake Oroville and Bidwell Marina!! LOOKING FOR A 2 BEDROOM MAIN HOME and a FULLY FUNCTIONAL ADU? The ADU/Mother-in-Law unit complete in 2019. NEW 2025 Luxury Plank Flooring throughout. NEW solid surface counter tops and paint. Guest Vanity replaced 2025. The 2019 Installed Owned Solar has 36 Panels. Central Heat and Air replaced approximately 4 years ago. Exterior Paint complete 3 years ago. Composition Roof replaced. GENERAC Back Up Power System installed. Hot Water Heater replaced about 5 years ago. Updated Dual Pane Windows. Newer composite deck measuring 10ft.X40ft with views of the mountains and lake. The main living room offers newer luxury vinyl plank flooring, vaulted wood beam ceilings and pellet stove. The kitchen offers tile counter tops, tons of cabinets, newer GE Profile stainless built in double oven, GE Profile stainless dishwasher, built in range, extra deep Kohler sink with new fixtures, garden window and plank tile flooring. The main primary offers a newer luxury vinyl plank flooring, walk in closet, slider to deck and views. The main primary bath offers newer solid surface vanity, toilet and solid surface step in shower. The second primary offers a walk in tub and walk in closet. Through the expansive laundry room with pantry cabinets is the 2 car garage and the entrance to the ADU. The ADU has 9ft ceilings, recessed lighting, dual pane windows, free standing oven/range, built in microwave, white shaker style cabinets, stainless sink, Mini Split system and luxury vinyl plank flooring. The bathroom offers a step in shower with glass doors and solid surface vanity. The ADU also has a separate entrance to the backyard. The under house storage is fantastic. The concrete floor measures 10ftX20ft with lights and possible workshop area. Fully Fenced backyard and no house below this lot. The front of the home is very private with the mature landscape and covered front porch. The two car garage has a tall 9ft automatic garage door. This home is ready for a new owner to put their personal touches on this 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 | 72% |
| Square foot | 2,074 | 1,509 | 78% |
| Lot Size | 11,130 | 16,988 | 37% |
| Price | $425.0K | $325.0K | 74% |
| Price per sq ft | $205 | $218 | 44% |
| Built year | 1980 | 1975 | 61% |
| HOA | $30.0 | $0 | 87% |
| Days on market | 37 | 181 | 3% |
Mar 16, 2026
$425,000
Initial Listing
Feb 19, 2019
$330,000
Public Record
Dec 24, 2014
$190,000
Public Record
Apr 6, 2001
$178,000
Public Record