16 Mendocino, Chico, CA 95973
16 Mendocino, Chico, CA 95973
Property Description
SELLER MAY FINANCE. Two custom houses plus horse stables on 6.41 acres. Live in one and rent the other? Board horses for extra income. 2 homes, 2 wells, 2 septics--all permitted and inspected. Views of the Sutter Buttes, Central Valley and sunsets over the coastal ranges. Nicely treed and shady yet well maintained for fir prevention. One owner has taken pride in building and maintaining this property. Main home is 2168 square feet not counting a massive unfinished bonus room upstairs or the over-sized one car garage. 2 primary bedrooms (one up stairs and one downstairs) plus a 2nd living room upstairs. Stunning vaulted beamed ceilings with wood milled onsite. Cozy woodstove. Remodeled kitchen with granite counters and nice propane range. Solid oak custom craftsman flooring in main house. 2nd house is 523 sf and recently remodeled with newer septic and private yard, its own laundry on porch, plenty of parking in driveway, and covered parking spot plus storage shed. Guest house was rented for $1000 a month and as an Airbnb. Large horse corral plus round pen plus 2 stall stable with large hay and tack room and horse washing station. Fenced garden, small orchard with citrus, apples and apricot trees. Main well supplies both homes and has backup generator included in purchase. Come relax on your deck in the cool mountain breeze or soak in the hot tub and star gaze. Cohasset is a friendly little community where neighbors take care of each other, tucked away yet only 15 minutes from the bustling college town of Chico CA. Chico has year round farmers markets, award willing Enloe Hospital, great music and art scene and Bidwell park which is famous for its mountain biking, hiking and fishing. High speed ATT Fiber optic internet is now being installed in Cohasset.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Chico · Single Family Residence
Listed 22.0% below the median closed sale of $896,500. Price per sqft ($260) is a 25% discount to closed comps ($345).
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 40 Dominion | Chico | 1990 | 3 | 3 | 2,292 | 130,680 | $305 | $699,000 | 61 | 68 |
| 622 Paseo Companeros | Chico | 1972 | 3 | 3 | 2,732 | 62,726 | $474 | $1.29M | 155 | 67 |
| 1211 Windecker Drive | Chico | 1999 | 4 | 3 | 2,715 | 13,939 | $271 | $735,000 | 15 | 63 |
| 4816 Wilson Landing | Chico | 2015 | 3 | 3 | 2,300 | 105,415 | $402 | $925,000 | 25 | 63 |
| 1150 Watts Estates | Chico | 1997 | 3 | 3 | 2,308 | 10,018 | $323 | $744,900 | 57 | 62 |
| Total: 5 · Average | 3.2 | 3.0 | 2,469.4 | 64,555.6 | $355 | $879,780 | 62.6 | |||
| Median | 2,308 | $744,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3016 Grape Way | Chico | 2020 | 08/27/2026 | 4 | 4 | 2,947 | 251,341 | $1.73M | $1.67M | $565 | 0.96 | 90 | 73 |
| 25 Horse Run Lane | Chico | 1994 | 08/07/2026 | 3 | 3 | 2,680 | 87,556 | $875,000 | $910,000 | $340 | 1.04 | 36 | 69 |
| 69 Abbott Circle | Chico | 2014 | 08/31/2026 | 4 | 4 | 2,802 | 13,504 | $750,000 | $715,000 | $255 | 0.95 | 52 | 68 |
| 4025 Rio Bravo Drive | Chico | 1992 | 10/02/2026 | 4 | 3 | 2,694 | 44,867 | $899,000 | $896,500 | $333 | 1.00 | 38 | 65 |
| 766 Silverado Estates Court | Chico | 1990 | 10/09/2026 | 3 | 2 | 2,602 | 9,583 | $589,000 | $601,000 | $231 | 1.02 | 36 | 63 |
| Total: 5 · Average | 3.6 | 3.2 | 2,745 | 81,370.2 | $957,500 | $957,500 | $344.8 | — | 50.4 | ||||
| Median | 2,694 | $896,500 | $896,500 | ||||||||||
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.