NOT LISTED FOR SALE

723 Madrone Way Paradise, CA 95969

Paradise Area

Estimated Value: $595,000 - $615,463

4 Beds
2 Baths
2,173 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2026

Last sale price $603,000 $277 Per Sq Ft

Current estimated payment $3,415 / mo

12 Days on Market

Highlights

  • New Construction
  • RV Gated
  • View of Trees or Woods
  • Fishing
  • Primary Bedroom Suite
  • Community Lake

About This Home

As of January 2026

Brand-new, beautifully designed, and nestled in a true neighborhood setting—723 Madrone is the kind of home buyers dream of finding in Paradise. Located on the desirable west side of town, this home sits just down the street from the beloved Bille Park and offers an easy drive to Skyway for effortless commuting. This 4-bedroom, 2-bath, 2,173 sq. ft. home is part of a newly developed, stick-built street by American Dream Construction—six high-quality new builds that create a cohesive, community feel while protecting long-term value. Inside, you’ll find a thoughtfully designed split floor plan with bright, open living spaces. The dining room sits at the front of the home and flows seamlessly into the show-stopping kitchen—complete with a massive island, a Z-Line 6-burner gas range with hood vent, beautiful finishes, extensive storage, and a layout perfect for entertaining. The kitchen opens to the main living area, where large windows flood the home with natural light and a charming fireplace creates a warm focal point.
The primary suite is a true retreat, offering a spacious bedroom and a spa-inspired bathroom with dual vanities and linen storage, a soaking tub, a stunning walk-in shower with dual shower heads, a private toilet room, and a generous walk-in closet. On the opposite side of the home, you’ll find three additional well-sized bedrooms and a beautifully designed hall bath. Just off the kitchen is a convenient pantry, and entering from the 3-car garage brings you through a thoughtfully planned mud room/laundry room—the perfect space to drop shoes, coats, and backpacks without cluttering your living areas.
Outside, enjoy the curb appeal and carefully landscaped front yard, plus a 3-car garage and behind-the-gate RV parking with easy access to the expansive backyard. The backyard is a blank canvas—ready for a pool, garden, patio, or anything you can dream up. Built by American Dream Construction, one of Paradise’s most trusted local builders, this home is fully wildfire-prepared with 5 feet of defensible space, non-combustible materials, Class A roofing, ember-resistant Vulcan vents, and more. It also includes an extended 18-month fit & finish warranty and OWNED solar for energy efficiency and peace of mind. Make this stunning new build your home just in time for Christmas!

Last Agent to Sell the Property

Jessica Williams

Connect Real Estate Group Brokerage Phone: 530-591-0906 License #02178946 Listed on: 11/21/2025

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 31,363 Sq Ft Lot
  • Chain Link Fence
  • Fence is in excellent condition
  • Rectangular Lot
  • Level Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Lawn

Parking

  • 3 Car Attached Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway Level
  • RV Gated

Property Views

  • Woods
  • Valley
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof
  • Board and Batten Siding
  • Vertical Siding
  • HardiePlank Type

Interior Spaces

  • 2,173 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Double Pane Windows
  • Mud Room
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Soaking Tub
  • Multiple Shower Heads
  • Separate Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Halls are 36 inches wide or more
  • No Interior Steps

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Conventional Septic
  • Sewer Not Available
  • Phone Available
  • Cable TV Available

Additional Features

  • Solar owned by seller
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 051091012000

Community Details

Overview

  • No Home Owners Association
  • Community Lake
  • Mountainous Community

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Hunting
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 2025 | New Construction

Lot Details

0.72 Acres

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 051091012000
  • Year Built: 2025
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 2173.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry, Quartz Counters, Recessed Lighting, Tray Ceiling(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: 36 Inch Or More Wide Halls, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 277.50
  • Room Type: Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Suite, Walk-In Closet
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower, Closet In Bathroom, Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Quartz Counters, Separate Tub And Shower, Soaking Tub, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Self-Closing Cabinet Doors, Self-Closing Drawers, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood, Trees/Woods, Valley
  • Fence: Yes
  • Fencing: Chain Link, Excellent Condition
  • Patio And Porch Features: Concrete, Covered, Patio, Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Asphalt, Composition, Shingle
  • Spa: No
  • Construction Materials: Board & Batten Siding, Drywall Walls, Hardiplank Type, Vertical Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, Garage Faces Front, RV Gated
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Not Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Disposal, Gas Range, High Efficiency Water Heater, Range Hood
  • Electric: 220 Volts in Garage, 220 Volts in Laundry, Photovoltaics Seller Owned
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Dog Park, Fishing, Hiking, Lake, Horse Trails, Park, Hunting, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street, Rectangular Lot, Level, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 31363.00
  • Lot Size Acres: 0.7200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 31363.0000 Square Feet
  • Number Of Units Total: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2025
Closed on
Jan 6, 2026
Sold by
Bought by
Seller's Agent
Jessica Williams
Connect Real Estate Group
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$605,000
Sold Price
$603,000
Premium/Discount to List
-$2,000
-0.33%
Views
15
Current Estimated Value
$605,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,232
Avg. Annual Appreciation
0.61%
Original Mortgage
$584,910
Outstanding Balance
$581,524
Interest Rate
6.23%
Mortgage Type
New Conventional
Estimated Equity
$23,708

Purchase Details

Closed on
Sep 10, 2025
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,385,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jun 23, 2020
Sold by
Bought by
Seller's Agent
Nina Bruschi
Table Mountain Realty, Inc.
Buyer's Agent
General NONMEMBER
NONMEMBER MRML
List Price
$39,000
Sold Price
$30,000
Premium/Discount to List
-$9,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.12%

Purchase Details

Listed on
Mar 26, 2017
Closed on
May 11, 2017
Sold by
Bought by
Seller's Agent
Larry Knifong
Action Realty
Buyer's Agent
Tara Iorg
LPT Realty, Inc.
List Price
$189,900
Sold Price
$195,000
Premium/Discount to List
$5,100
2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.12%
Original Mortgage
$191,468
Interest Rate
3.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,104
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Paradise, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$603,000 Mid Valley Title
$146,000 None Listed On Document
$55,000 Mid Valley Title & Escrow
$30,000 Fidelity Natl Ttl Co Of Ca
-- Mid Valley Title & Escrow Co
$195,000 Mid Valley Title & Escrow Co
$198,000 Bidwell Title & Escrow Co
-- Bidwell Title & Escrow Co
$129,000 Bidwell Title & Escrow Co
$91,500 Mid Valley Title & Escrow Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $584,910
Previous Owner $1,385,000
Previous Owner $191,468
Previous Owner $41,000
Previous Owner $198,000
Previous Owner $127,104
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/09/2026 01/09/26 Sold $603,000 -0.3% $277 / Sq Ft
12/03/2025 12/03/25 Pending -- -- --
11/21/2025 11/21/25 For Sale $605,000 +1916.7% $278 / Sq Ft
06/30/2020 06/30/20 Sold $30,000 -23.1% $33 / Sq Ft View Prior Sale
03/11/2020 03/11/20 For Sale $39,000 -80.0% $43 / Sq Ft
05/19/2017 05/19/17 Sold $195,000 +2.7% $216 / Sq Ft View Prior Sale
03/31/2017 03/31/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $189,900 -- $210 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,056 $56,100 $56,100
2024 $726 $55,000 $55,000 $0
2023 $391 $31,534 $31,534 $0
2022 $384 $30,916 $30,916 $0
2021 $377 $30,310 $30,310 $0
2020 $413 $35,000 $35,000 $0
2019 $360 $30,000 $30,000 $0
2018 $2,127 $198,900 $96,900 $102,000
2017 $2,096 $195,000 $80,000 $115,000
2016 $1,706 $160,000 $70,000 $90,000
2015 $1,601 $150,000 $70,000 $80,000
2014 $1,501 $140,000 $65,000 $75,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN25264297

California Regional Multiple Listing Service (CRMLS)

APN: 051-091-012-000

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