




$899,000
Est. $5,034/mo1050 Esplanade, Chico, CA 95926
About this home
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!
infoProperty Facts
Bedrooms
4
Bathrooms
3
Square Feet
2,755
Lot Size
10,018.8 sqft
Year Built
1920
Property Type
Mixed Use
Days on Market
151
HOA Fee
N/A
Garage Total
0
MLS #
SN25189506
chairInterior Details
General Interior
Interior Features
Built In Features, Cathedral Ceilings, Separate Formal Dining Room, High Ceilings, Open Floorplan, Bedroom On Main Level, Instant Hot Water, Main Level Primary
Flooring
Laminate, Wood
Fireplace
Living Room, Wood Burning
Accessibility
Parking, Accessible Approach With Ramp, See Remarks
Kitchen & Appliances
Appliances
Dishwasher, Electric Range, Disposal, Gas Range, Tankless Water Heater
Laundry
Laundry Room, See Remarks
Bed & Bath
Main Level Bedrooms
4
Main Level Bathrooms
3
Climate Control
Cooling
Central Air
Heating
Central
garageParking
Parking Features
Driveway Level, Paved
deckExterior & Lot
Building & Construction
Patio & Porch
Covered, Patio
Fencing
Average Condition
Security
Carbon Monoxide Detectors, Smoke Detectors
Roof
Composition
Lot & Grounds
Lot Features
Corner Lot, Front Yard
Pool Features
In Ground, Private, See Remarks
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Curbs
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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