1050 Esplanade Chico, CA 95926
Chico Vecino NeighborhoodEstimated payment $5,748/month
Highlights
- In Ground Pool
- Open Floorplan
- Cathedral Ceiling
- Chico Junior High School Rated A-
- Craftsman Architecture
- Wood Flooring
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!
Open House Schedule
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Tuesday, December 16, 202512:00 to 3:00 pm12/16/2025 12:00:00 PM +00:0012/16/2025 3:00:00 PM +00:00Add to Calendar
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Wednesday, December 17, 202510:00 am to 12:00 pm12/17/2025 10:00:00 AM +00:0012/17/2025 12:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Condominium
Year Built
- Built in 1920
Lot Details
- No Common Walls
- Fenced
- Fence is in average condition
- Front Yard
Home Design
- Craftsman Architecture
- Bungalow
- Entry on the 1st floor
- Mixed Use
- Composition Roof
Interior Spaces
- 2,755 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Built-In Features
- Cathedral Ceiling
- Wood Burning Fireplace
- Formal Entry
- Living Room with Fireplace
- Dining Room
- Neighborhood Views
- Laundry Room
- Basement
Kitchen
- Eat-In Kitchen
- Gas Range
- Dishwasher
- Disposal
- Instant Hot Water
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- Low Flow Toliet
- Walk-in Shower
Home Security
Parking
- Parking Available
- Driveway Level
- Paved Parking
Accessible Home Design
- Accessibility Features
- Ramp on the main level
- Accessible Parking
Outdoor Features
- In Ground Pool
- Covered Patio or Porch
Additional Homes
- Two Homes on a Lot
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 003104001000
Community Details
Overview
- No Home Owners Association
- 2 Units
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,920 | $535,000 | $200,000 | $335,000 |
| 2024 | $5,920 | $535,000 | $200,000 | $335,000 |
| 2023 | $5,800 | $520,000 | $200,000 | $320,000 |
| 2022 | $5,821 | $520,000 | $200,000 | $320,000 |
| 2021 | $5,825 | $520,000 | $200,000 | $320,000 |
| 2020 | $5,869 | $520,000 | $200,000 | $320,000 |
| 2019 | $5,257 | $465,000 | $175,000 | $290,000 |
| 2018 | $5,264 | $465,000 | $175,000 | $290,000 |
| 2017 | $5,260 | $465,000 | $175,000 | $290,000 |
| 2016 | $4,896 | $465,000 | $175,000 | $290,000 |
| 2015 | $4,971 | $465,000 | $175,000 | $290,000 |
| 2014 | $3,303 | $310,000 | $175,000 | $135,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/30/2025 10/30/25 | Price Changed | $999,000 | -16.7% | $363 / Sq Ft |
| 10/03/2025 10/03/25 | For Sale | $1,199,999 | -- | $436 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Mid Valley Title | |
| Deed | -- | Mid Valley Title | |
| Grant Deed | -- | Mid Valley Title | |
| Grant Deed | $484,000 | Mid Valley Title & Escrow Co | |
| Gift Deed | -- | None Available | |
| Grant Deed | $101,500 | -- | |
| Interfamily Deed Transfer | -- | Mid Valley Title & Escrow Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $269,000 | Commercial | |
| Previous Owner | $140,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SN25189506
APN: 003-104-001-000
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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