1050 Esplanade Chico, CA 95926
4 Beds
4 Baths
2,755 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,755 sqft
Price per Sqft $254
MLS Listing ID SN-26234431
Style Bungalow,Craftsman
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 1920
Lot Size 10,018 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Rarely does an opportunity like this come along in Chico! Situated on a desirable corner lot, this unique property features two separate homes, both currently operating as successful Airbnb rentals, offering an incredible opportunity for investors, owner-occupants, or those seeking a versatile multi-generational property.
The main home, built in the 1920s, is rich with timeless character, featuring soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The spacious floor plan includes three bathrooms, one of which has been fully remodeled with handicap-accessible features, including railings and a ramp. Recent improvements add even more value, including brand-new exterior paint, a Trex front porch, and a new $15,000 sewer line. Outside, enjoy an abundance of established fruit trees, including peach, cherry, and fig. The sparkling pool was resurfaced just last year and features a brand-new pool sweep, making it an inviting retreat for guests and residents alike. Previously configured as an eight-bedroom property, the main home also offers the potential to convert back for additional sleeping accommodations and increased rental opportunities.
The permitted cottage, converted from a former garage, has its own address and has become an Airbnb favorite. Offering private laundry and flexible living space, this separate residence provides additional income potential and privacy. A pool house adds even more functionality, complete with an on-demand water heater and a newer split HVAC system for year-round comfort.
With commercial zoning, the possibilities extend well beyond traditional residential use. Continue operating both homes as successful vacation rentals, live in one while generating income from the other, explore a live/work arrangement, or create a multi-generational living setup. Both residences offer their own private living spaces and flexible use options, while ample parking and handicap-friendly improvements add to the property's appeal.
Conveniently located near Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this is a rare chance to own a distinctive two-residence property with established rental appeal, significant character, and a variety of future possibilities.
Location
State CA
County Butte
Interior
Interior Features Built-In Features, Cathedral Ceiling(s), High Ceilings, Open Floorplan
Heating Central
Cooling Central Air
Flooring Laminate, Wood
Fireplaces Type Wood Burning, Living Room
Laundry See Remarks, Individual Room
Exterior
Parking Features Driveway
Pool Private, See Remarks, In Ground
Community Features Street Lights
View Y/N Yes
Building
Lot Description Corner Lot, Front Yard
Sewer Public Sewer
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