1050 Esplanade, Chico, CA 95926
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
1050 Esplanade,Chico, CA 95926
$699,999
- - Beds
- 4 Baths
- 2,755 sq. ft.
- Multi-family
- Active
Listed by: marisa bauer, lisa bristow
Office: platinum partners real estate530-228-2550
MLS#:SN26234669
Source:CRMLS
Price summary
- Price:$699,999
- Price per sq. ft.:$254.08
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:SN26234669
- Added:2 day(s) ago
- Updated:November 03, 2026 at 04:17 PM
Rooms and interior
- Total bathrooms:4
- Flooring:Laminate, Wood
- Basement:Yes
- Living area:2,755 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1920
- Building area:2,755 sq. ft.
- Lot area:0.23 Acres
- Lot Features:Corner Lot, Front Yard
- Architectural Style:Bungalow, Craftsman
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,999
- Price per sq. ft.:$254.08
Features and amenities
- Laundry features:Laundry Room
- Amenities:Cathedral Ceilings, High Ceilings, Open Floorplan
- Pool features:In Ground, Private Pool
Parking
- Parking description:Driveway, Driveway Level, Paved Driveway
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