
Chico, California 95928
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $579,000—positioned well below the $598,809 Fair Market Value by 3%. This valuation gap provides $19,809 in Instant Equity. Boasting a Condition Rating of 3, the home features a Remodeled Quartz Kitchen, bamboo flooring, and a resort-style backyard with a Pool, Spa, and Putting Green. With a 40-year Presidential Roof and 31 solar panels, the property offers long-term efficiency within the Chico Unified district. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Value-Conscious Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8 Shari Lane Subject | $579,000* List Price | 3 | 2 | 1,811 | $331 | - |
A 9 Anna Sold | $515,000 | 3 | 2 | 1,811 | $284 | 0.1 mi |
B 1422 Ridgebrook Way Sold | $429,500 | 3 | 2 | 1,544 | $278 | 0.4 mi |
C 11 Kevin Court Pending | $505,000 List Price | 3 | 2 | 1,776 | $284 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with significant high-quality updates throughout. It features a beautifully remodeled kitchen with quartz countertops, a tile backsplash, and stainless steel appliances. The interior boasts newly updated bamboo flooring and modern bathroom renovations, including a double vanity and floor-to-ceiling shower tile. Major systems and structural components have been addressed, including a 40-year Presidential roof, updated windows, and 31 solar panels. While the home was built in 1990, the extensive renovations and lack of deferred maintenance align with the 'good' condition criteria.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1811.
The backyard is a true entertainer's dream, featuring a sparkling pool, built-in spa, BBQ island, and a private putting green, offering a resort-like experience at home.
The home features a beautifully remodeled kitchen with quartz countertops and updated bamboo flooring, providing a contemporary and move-in-ready aesthetic.
The solar panels are leased rather than owned, requiring the buyer to assume the existing contract and monthly financial obligation.
With only three bedrooms for over 1,800 square feet of living space, the layout may not meet the needs of larger families or those requiring multiple home offices.
Located on a quiet street in a hidden-gem Chico neighborhood, 8 Shari Lane blends comfort, updates, and a backyard built for enjoyment. Inside, the home features an open and welcoming layout with two living spaces anchored by a beautifully remodeled kitchen with quartz countertops and generous storage. Spacious bedrooms offer newly updated bamboo flooring, while updated windows and a whole-house fan add comfort and efficiency throughout the home. The backyard is ready for both relaxing and entertaining with a sparkling pool and built-in spa, BBQ island, professional landscaping, and a putting green for a little extra fun. The home has 31 lease solar panels. A 40-year Presidential roof adds long-term value, and the location offers easy access to shopping, Meriam Park’s dining and entertainment, and nearby freeway connections for convenient travel.
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 | 1,811 | 1,647 | 65% |
| Lot Size | 8,712 | 6,970 | 72% |
| Price | $579.0K | $465.0K | 76% |
| Price per sq ft | $320 | $294 | 68% |
| Built year | 1990 | 1993 | 44% |
| HOA | $0 | $0 | 50% |
| Days on market | 40 | 166 | 3% |
Mar 13, 2026
$579,000
Initial Listing
Apr 23, 2024
$575,000
Public Record
Jul 19, 2006
$363,000
Public Record
Feb 25, 2000
$165,000
Public Record