List Price: $485K

Listing Status: Active

Original List Price: $620K

Days on Market: 193

4 Bedrooms · 2 Bathrooms · 2,756 sq ft

Property Type: Residential

Year Built: 1948

Lot Size: 65,776 sq ft

Garage Spaces: 2

Private Pool: Yes

MLS Number: SN25231386

About This Property

New Price!! Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. This home needs some repairs which is reflected in the new price. Photos were taken when the home was furnished and staged.

Property Photos