2431 Mariposa, Chico, CA 95926
2431 Mariposa, Chico, CA 95926
Property Description
Chico Opportunity with Space, Character & Potential! Located in Central Chico, this home offers 2 bedrooms, 1 bath, plus an additional living space for many different options. Built in 1961, the home retains its original character, including classic wood paneling, vintage tile, wood flooring underneath the carpet, and a brick fireplace, while offering plenty of opportunity for a new owner to make it their own. Situated on a generous 0.22 acre lot, the property provides ample outdoor space and potential for future improvements. The lot and existing layout offer exciting possibilities for expansion or an ADU, buyer to verify with the appropriate city agencies. Conveniently located near the best of Chico, this property is a great opportunity for an investor, contractor, or buyer looking to create a home tailored to their vision. This is a true fixer with significant potential and is being offered with the opportunity to build equity through updates and improvements. Bring your vision and transform this property into something special!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Chico · Single Family Residence
Listed 12.6% below the median closed sale of $365,000. Price per sqft ($274) is a 17% discount to closed comps ($331).
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2303 Floral | Chico | 1951 | 2 | 1 | 1,099 | 8,712 | $337 | $369,900 | 59 | 93 |
| 226 W 6th Ave | Chico | 1961 | 2 | 2 | 1,272 | 8,712 | $326 | $415,000 | 77 | 89 |
| 1513 Warner | Chico | 1955 | 2 | 2 | 974 | 10,890 | $356 | $347,000 | 32 | 85 |
| 573 White | Chico | 1954 | 3 | 2 | 1,236 | 12,197 | $271 | $335,000 | 12 | 83 |
| 1361 Arlington Drive | Chico | 1965 | 3 | 2 | 1,188 | 6,098 | $353 | $419,000 | 2 | 83 |
| Total: 5 · Average | 2.4 | 1.8 | 1,153.8 | 9,321.8 | $328.6 | $377,180 | 36.4 | |||
| Median | 1,188 | $369,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 42 Oak | Chico | 1951 | 10/09/2026 | 3 | 1 | 1,222 | 9,148 | $359,000 | $375,000 | $307 | 1.04 | 31 | 90 |
| 1020 Poppy Street | Chico | 1950 | 10/07/2026 | 2 | 1 | 952 | 6,098 | $379,000 | $365,000 | $383 | 0.96 | 62 | 88 |
| 1063 Arcadian Avenue | Chico | 1938 | 09/18/2026 | 2 | 1 | 1,068 | 6,534 | $364,500 | $378,500 | $354 | 1.04 | 55 | 82 |
| 1826 Magnolia | Chico | 1940 | 09/24/2026 | 2 | 1 | 983 | 4,792 | $354,500 | $354,500 | $361 | 1.00 | 47 | 79 |
| 173 Connors Avenue | Chico | 1953 | 09/22/2026 | 3 | 1 | 1,328 | 16,117 | $355,000 | $330,000 | $248 | 0.93 | 57 | 79 |
| Total: 5 · Average | 2.4 | 1.0 | 1,110.6 | 8,537.8 | $360,600 | $360,600 | $330.6 | — | 50.4 | ||||
| Median | 1,068 | $365,000 | $365,000 | ||||||||||
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.