1050 Esplanade, Chico, CA 95926
1050 Esplanade, Chico, CA 95926
1050 Esplanade, Chico, CA 95926
1050 Esplanade, Chico, CA 95926
1050 Esplanade, Chico, CA 95926
1050 Esplanade, Chico, CA 95926
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$ 699,999
Est. payment | /mo

4 Beds

4 Baths

2,755 SqFt


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$ 699,999
Est. payment | /mo
Save

4 Beds

4 Baths

2,755 SqFt

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,755 sqft

Price per Sqft $254

MLS Listing ID SN26234431

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1920

Lot Size 10,018 Sqft

Property Sub-Type Mixed Use

Property Description

Why settle for one income-producing property when you can have two?
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

Rooms

Other Rooms Two On A Lot

Main Level Bedrooms 4

Interior

Interior Features Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Open Floorplan, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling Central Air

Flooring Laminate, Wood

Fireplaces Type Living Room, Wood Burning

Fireplace Yes

Laundry Laundry Room, See Remarks

Exterior

Parking Features Driveway Level, Driveway, Paved

Pool In Ground, Private, See Remarks

Community Features Street Lights

View Y/N Yes

View Neighborhood

Roof Type Composition

Private Pool Yes

Building

Lot Description Corner Lot, Front Yard

Dwelling Type Mixed Use

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Architectural Style Bungalow, Craftsman

Level or Stories One

Additional Building Two On A Lot

New Construction No

Schools

School District Chico Unified

Others

Senior Community No

Tax ID 003104001000

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Marisa Bauer Platinum Partners Real Estate 530-570-5507, DRE #01418223

Nearby Locations

Salvador Saenz

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 714-8398

the1realtorsal@gmail.com

3020 Old Ranch Parkway Suite 250, Seal Beach, CA 90740, US

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1050 Esplanade