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2164 Oak Way — Chico — 3 Beds • 2 Baths • 1,513 Sq Ft | Belmont Brokerage

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$625,000

$413/ft²

2164 Oak Way, Chico, CA 95973

Property Description

A truly One-of-a-Kind Country Property! Discover the timeless charm and extraordinary setting of this five-acre ranchette homestead, ideally situated along the Lindo Channel on the west side of Chico. Surrounded by mature walnut trees, lush greenery, meandering walkways and abundant natural beauty, this special property offers a rare opportunity to enjoy space, privacy, and the peaceful character of country living-while still being close to Chico amenities. At the heart of the property stands a magnificent approximately 900-year-old oak tree, creating a breathtaking natural focal point and a truly memorable backdrop. The extended patio provides the perfect place to relax, entertain or simply enjoy the tranquility of the setting while watching the abundant wildlife and taking in the beautiful surroundings The three-bedroom, one-and-a-half bath home, built in the 1960's, is filled with character and unique touches that give it a warm, inviting personality. Lovingly maintained and cherished by the same family for generations, the home offers an appealing blend of vintage charm and comfortable living. The property also features a large shop, newer well pump, and substantial parking capacity, providing an excellent flexibility for hobbies, projects, equipment, guests, or future homesteading possibilities. And this property has already created special memories-Weddings have even been celebrated here! With its mature trees, historic oak, natural beauty, and generous acreage, 2164 Oak Way is far more than a home-it is a truly special piece of Chico History waiting for its next chapter. A rare opportunity to own five beautiful acres with character and charm and endless potential!

Listing provided by: MaryAnn ScottDRE #00784476530-592-3432 maryannscottrealtor@gmail.com, Parkway Real Estate Co.

MLS #: SN26186587

FLIP & EXPANSION SIMULATORHIGH RISK / NEGATIVE

Simulate profit based on remodel ($140/sf) & addition ($180/sf)

-$24K

-5.2% ROI

Rehab + Add$284K

Est. ARV$932K

Est. Profit-$24K

Proj. ROI-5%

Sqft to Add (Expansion / ADU)+400 sqft (1,913 total sf)

Remodel Rate (Existing Space)$140/sqft ($212K total)