1361 Esplanade, Chico, CA 95926
1361 Esplanade, Chico, CA 95926
Property Description
THREE PROPERTIES. ONE PARCEL. ENDLESS POSSIBILITIES — RIGHT ON THE ESPLANADE! What an incredible opportunity to own three separate Chico properties on one parcel, ideally located along one of Chico’s most iconic and recognizable streets — The Esplanade! With a unique combination of residential and commercial potential, multiple buildings, flexible floor plans, and incredible visibility, this property opens the door to so many possibilities. Whether you’re looking for an investment opportunity, office space, multi-generational living, rental income, or a live/work setup, this is a property you truly have to see to appreciate. 1361 Esplanade is full of character and offers an impressive amount of space. The upstairs features three private rooms/offices, a spacious common area, and a full bathroom. Downstairs you’ll find a welcoming entry, a large front office highlighted by a beautiful curved window, an additional office with built-in bookshelves, a kitchen, two additional rooms/offices, and a half bathroom. There is even a basement providing additional usable space and storage. 121 W. 4th Avenue offers another incredibly flexible layout with multiple private offices, a full bathroom, additional half bathroom, workspace, kitchenette, dining area, open office space, and its own front entry — making it ideal for a variety of professional, creative, rental, or live/work uses. 1351 Esplanade adds even more opportunity with its own private entry, four bedrooms/rooms, kitchen, full bathroom, and two HVAC units. All of this sits in a highly visible location along The Esplanade, just minutes from Downtown Chico and surrounded by established businesses, neighborhoods, restaurants, shopping, and everything Chico has to offer. Three buildings. Multiple income streams. Residential and commercial possibilities. One incredibly rare Chico property. Whether you’re an investor, business owner, or someone with a vision for something truly unique, this is an opportunity you won’t want to miss!
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 3 active · 4 closed
Chico · Single Family Residence
Listed 12.4% above the median closed sale of $1,112,500. Closed comps sold at 89% of list — buyers have negotiating leverage. Expect a longer timeline — comps averaged 149 days on market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (3)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3947 Barbados Court | Chico | 2014 | 4 | 4 | 6,168 | 33,977 | $340 | $2.10M | 20 | 75 |
| 690 Esplanade | Chico | 1918 | 5 | 5 | 4,967 | 12,632 | $362 | $1.80M | 125 | 66 |
| 876 Whispering Winds | Chico | 2004 | 4 | 4 | 5,824 | 52,272 | $429 | $2.50M | 141 | 55 |
| Total: 3 · Average | 4.3 | 4.3 | 5,653 | 32,960.333 | $377 | $2.13M | 95.33333333333333 | |||
| Median | 5,824 | $2.10M | ||||||||
Closed Properties (4)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 Shalimar Court | Chico | 1997 | 10/09/2026 | 4 | 8 | 5,023 | 29,185 | $1.20M | $1.02M | $204 | 0.85 | 106 | 72 |
| 1967 Skyway | Chico | 1967 | 05/18/2026 | 5 | 5 | 5,880 | 247,856 | $1.26M | $1.20M | $204 | 0.96 | 285 | 54 |
| 45 Kirk | Chico | 1980 | 10/01/2026 | 4 | 5 | 5,479 | 65,340 | $1.20M | $940,000 | $172 | 0.78 | 152 | 53 |
| 168 Donald Drive | Chico | 2009 | 05/18/2026 | 5 | 5 | 5,380 | 137,214 | $1.75M | $1.69M | $313 | 0.96 | 52 | 52 |
| Total: 4 · Average | 4.5 | 5.8 | 5,440.5 | 119,898.75 | $1.21M | $1.21M | $223.25 | — | 148.75 | ||||
| Median | 5,479 | $1.20M | $1.20M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.