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Closed
- Listed price
- $1,250,000
- Listed Mar 31, 2023
- Sold price
- $1,200,000
- Sold Jun 15, 2023
65,776 sqft lot|1951 Built|13 days listed
1934 Esplanade, Chico, CA 95926
Property Description
Rare opportunity to own the Matador Hotel. This historical Chico motel is a sprawling one-story building, built on an L-shape plan. White stuccoed walls with California Mission cloister-like arcaded passage contrast sharply against red-tiled roof and large palm trees. There are 31 rooms, 8 of those have kitchenettes. Sitting on over an acre and a half, there is lots of parking spaces, huge front lawn, and a fenced swimming pool. The property is in disrepair, and is looking for a new owner that can bring the motel back to its former glory.
Listing agent: Emmett JacobiDRE #01896904emmettjacobi@gmail.com, Listing office: Century 21 Select Real Estate, Inc.
MLS data updated 10/21/2026, 1:01:40 AM PT
Source: CRMLSMLS #: SN23051860
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,200,000
Jun 15, 2023
Available records22023
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,200,000Closed sale · Jun 15, 2023ZIP 95926 · Jun 2023
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsMar 31, 2023 – Jun 15, 2023
ZIP 95926 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.