Discover a rare investment opportunity with two charming homes on a popular corner Chico lot, each currently operating as successful Airbnbs! The main home, built in the 1920s, showcases timeless character with soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The thoughtful floor plan includes multiple bathrooms—one fully remodeled to be handicap accessible with railings and a ramp. Recent upgrades bring peace of mind, including brand-new exterior paint, a Trexdecking front porch, and a replaced $15k sewer line. Adding to the property’s appeal is a huge wrap-around porch and an abundance of fruit trees—peach, cherry, and fig—that create a welcoming outdoor atmosphere. The sparkling pool was resurfaced just last year and includes a brand-new pool sweep, creating the perfect summer retreat. At one time, the home was configured as an 8-bedroom property, offering easy potential to convert back for additional rental income. The permitted cottage, once a garage, has its own address and is currently an Airbnb favorite. It offers private a spacious room with murphy bed, windows showcasing pool and neighborhood, a full bathroom and a kitchenette. It also has an on-demand hot water heater and a newer split HVAC system for comfort year-round. Whether you envision multi-generational living, a live/work setup thanks to the commercial zoning, or simply continuing its use as income-producing vacation rentals, this property offers unmatched versatility. Both homes enjoy private layouts, updated amenities, and flexible use options—live in one while renting the other, use or rent out one of the homes for commerical useage or maximize investment potential by running both as rentals. With onsite parking, handicap-friendly updates, and prime proximity to Downtown Chico, Bidwell Park, schools, restaurants, and shopping—plus the unbeatable location just one block from Chico State and four blocks from Enloe Hospital—this property is as versatile as it is valuable!
Cable Available, Natural Gas Connected, Sewer Connected, Water Connected
In Ground, Private, See Remarks
Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Open Floorplan, Bedroom on Main Level, Main Level Primary, Instant Hot Water
Dishwasher, Electric Range, Disposal, Gas Range, Tankless Water Heater
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,199,999 to $999,000 |
Marisa Bauer, Platinum Partners Real Estate.
Based on information from California Regional Multiple Listing Service, Inc. as of December 27th, 2025 at 2:30am PST. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.