
Chico, California 95928
This Spacious Single-Family Residence is a High-Potential Investment Opportunity, listed at $475,000—positioned well below the $492,625 Fair Market Value by 3%. This valuation gap offers $17,625 in Instant Equity. With a Condition Rating of 3, the home features recent 2023 upgrades including a new roof, HVAC, and solar panels. The large corner lot provides scenic foothill views and RV parking potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9 Niagara Way Subject | $460,000* List Price | 4 | 2 | 1,645 | $289 | - |
A 1 Parkhurst Street Sold | $486,000 | 4 | 3 | 1,633 | $298 | 0.3 mi |
B 8 Shari Lane Sold | $560,000 | 3 | 2 | 1,811 | $309 | 0.9 mi |
C 7 Picual Court Sold | $499,000 | 3 | 2 | 1,673 | $298 | 0.9 mi |
D 259 Picholine Way Sold | $519,000 | 3 | 2 | 1,739 | $298 | 0.8 mi |
E 11 Kevin Court Sold | $517,500 | 3 | 2 | 1,776 | $291 | 0.8 mi |
F 2251 Notre Dame Boulevard Active | $417,000 List Price | 4 | 2 | 1,502 | $278 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1978, it has undergone significant recent updates including a new roof, HVAC, and solar panels in 2023, and new laminate flooring in 2026. The kitchen and bathrooms feature granite countertops and stainless steel appliances that appear to be from a 5-15 year old renovation, making the home 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 = 9147, living area = 1645.
The property features significant high-value upgrades including a new roof, HVAC system, and solar panels installed in 2023, offering the buyer immediate peace of mind and energy efficiency.
Situated on a large corner lot that backs to open space, the home provides enhanced privacy and scenic foothill views that are highly sought after in the Chico area.
Built in 1978, the home may require additional cosmetic or infrastructure updates to original interior elements to fully align with the recently modernized major systems.
The current list price represents a notable increase from the 2022 sale price, which may require strong comparable sales to support the valuation during the appraisal process.
OWNED SOLAR! Welcome to 9 Niagara Way in Chico! This 4-bedroom, 2-bathroom home offers a spacious and functional layout with a large open family room and generously sized kitchen area, perfect for everyday living and entertaining. Situated on a large corner lot backing up to open space, you'll enjoy beautiful foothill views and added privacy. The expansive side yard offers potential RV parking and plenty of room for outdoor enjoyment. Conveniently located near shopping, parks, freeway access, and Meriam Park, this home combines comfort, location, and opportunity. Solar panels, roof, and HVAC were installed in 2023. There were 21 solar panels installed by OHM Solar in 2023. Solar is owned and paid for. New water heater in 2022 and new laminate flooring in 2026. All appliances to stay including the fridge, washer, dryer, as well as the shed and the play structure in the backyard. This is one you’re going to want to see!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,645 | 1,656 | 48% |
| Lot Size | 9,147.6 | 6,970 | 72% |
| Price | $460.0K | $474.6K | 46% |
| Price per sq ft | $280 | $301 | 27% |
| Built year | 1978 | 1991 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 138 | 2% |
Jun 5, 2026
$460,000
$470,000
-2% Price Drop
Initial Listing
May 31, 2026
$470,000
$475,000
-1% Price Drop
Initial Listing
May 12, 2026
$475,000
Initial Listing
Jun 27, 2022
$439,000
Public Record
Feb 18, 2011
$178,500
Public Record
May 13, 2003
$198,500
Public Record