3

Reservoir Homes for Sale

Section Image
  • /26

    $229,900

    • 2 Beds
    • 1 Bath
    • 964 Sq Ft

    2820 Alfreda Way, Redding, CA 96002

    Check out this simple and sweet 2-bedroom, 1-bathroom starter home that's easy to maintain. The driveway fits 4 vehicles. 7-year-old roof. Fully fenced yard. Shade tree in the front. Close to shopping and schools.

    Ryan Coughran Josh Barker Real Estate

    2820 Alfreda Way, Redding, CA 96002
  • /40

    $440,000

    1535 E Cypress Ave, Redding, CA 96002

    Homes with Expansion PotentialThis unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion.The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and

    Kimberly Pedersen Coldwell Banker Select Real Estate - Redding

    1535 E Cypress Ave, Redding, CA 96002
  • /7

    $130,000

    • Land
    • 2.4 Acres
    • $54,167 per Acre

    3340 Hartnell Ave, Redding, CA 96003

    EXCELLENT EXPOSURE on HWY 44 and HARTNELL AVE.This parcel is on high ground with full City of Redding utilities available.Great location for any office use, including Veterinarian. City water is 200 ft at Argyle.City sewer is 850 ft east on Hartnell. Immediate access from the Airport Rd Exit or from Hartnell.

    Chris Young Coldwell Banker Select Real Estate - Redding

    3340 Hartnell Ave, Redding, CA 96003

Why Live in Reservoir

Reservoir, a compact neighborhood in Redding, stretches eastward from the Churn Creek corridor and features a mix of mobile homes, midcentury ranches, and multifamily subdivisions, primarily from the 1940s and 1950s, with some 1990s builds. Its central location offers easy access to Interstate 5, facilitating travel north to Washington or south to San Diego. The neighborhood is within a short drive of several recreational spots, including the 90-acre Enterprise Park, which features Kids’ Kingdom playground, a splash park, soccer fields, a disc golf park, and pickleball courts. Turtle Bay Exploration Park and the Sacramento River Trail are also nearby, providing additional things to do. Reservoir's homes are generally smaller, averaging around 1,300 square feet, with mature cypress and oak trees lining the streets. The area is served by the Enterprise Elementary School District, with students attending Shasta Meadows Elementary, Parsons Junior High, and Enterprise High, which is noted for its strong basketball program. Dining options are available along Hartnell Avenue, including Tye Dye Café and Shasta Pizza, while more upscale choices like The View 202 and C.R. Gibbs are a short drive away. Shopping is convenient with Safeway and CVS in Cypress Pointe Shopping Mall, and a new Holiday Marketplace expansion is underway. Public transit is accessible via the Redding Area Bus Authority, and the Redding Regional Airport is about 7 miles away. Reservoir also benefits from lower crime rates compared to the national average, making it a practical choice for residents.

Frequently Asked Questions

Is Reservoir a good place to live?
Reservoir is a good place to live. Reservoir is considered somewhat walkable and bikeable with some transit options. It is somewhat dense in population with 8.5 people per acre and a median age of 35. The average household income is $65,629 which is below the national average. College graduates make up 17.9% of residents. A majority of residents in Reservoir are renters, with 56.5% of residents renting and 43.5% of residents owning their home. A local real estate agent serving Reservoir can help you decide if this neighborhood is the right one for you. Learn more on our Reservoir neighborhood guide.
How much do you need to make to afford a house in Reservoir?
The median home price in Reservoir is $315,000. If you put a 20% down payment of $63,000 and had a 30-year fixed mortgage with an interest rate of 6.3%, your estimated principal and interest payment would be $1,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K a year to afford the median home price in Reservoir. The average household income in Reservoir is $66K.
What are the best public schools in Reservoir?
The best public schools that serve Reservoir are:
What are the best private schools in Reservoir?
The best private schools that serve Reservoir are:
What are the most popular zip codes in Reservoir, Redding, CA?
The most popular zip codes in Reservoir, Redding, CA include 96002, 96003, 96001, 96073 and 96007.
What are the most popular neighborhoods near Reservoir, Redding, CA?
The most popular neighborhoods near Reservoir, Redding, CA are Mistletoe, Enterprise, Shasta View, Starview and Oak Haven.
Are home prices dropping in Reservoir?
Yes, home prices in Reservoir are down 7% in the last 12 months.

Home Trends in Reservoir, CA

Housing Trends

Median Sale Price
$298,000
Median Single Family Sale Price
$291,000
Average Price Per Sq Ft
$222
Number of Homes for Sale
1
Last 12 months Home Sales
20
Months of Supply
0.60
Median List Price
$315,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-2%
How to Buy a Home How to Finance a Home How to Sell a Home