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2787 Grape Way, Chico, CA 95973

$850K3bd · 2ba · 2,068 sqft
Lot 217,800 sqft•Single Family Residence•
Active
•362d on market•MLS# SN-25148818

Property Description

Well thought out equestrian estate on the western edge of Chico - opportunities for property like this don't come along often! There are five level acres with a covered arena, a six stall, 100' long, horse barn with a tack room, bathroom, heated wash rack and hay storage area! The property has been fenced into 8 irrigatable pastures, with 6 additional runs off the barn, a round pen, and then the 2,068 sq.ft. custom home at the corner of the property. Each pasture is fenced with no climb horse fence and has water and sprinklers available, not currently irrigated.  Drive up the lane to the custom three bedroom, two bath home, was built in 1988 and has only had one owner. The living room has vaulted beam ceilings, a brick hearth and propane fireplace. There is a formal dining room, with a slider to a cool and shady covered patio that runs the length of the north side of the home.  The kitchen has tile floors, Corian counters, oak cabinets and stainless fridge, with a bay window above the sink, overlooking the private side yard.  A light and bright breakfast nook overlooks the front yard, pastures and towards the barn. The primary bedroom has a walk-in closet next to the primary bath, and it's own slider leading to the back patio. The yard is nicely landscaped, auto sprinklers and behind it there is a small orchard, grapes and plenty of room for a spacious garden. The property has a gated entrance, two wells and the barn has it's own septic, with RV hookups. Both septics have just been pumped. There is also a new Generac generator for the house, in case of power outages. In just two minutes, you can be back in Chico and picking up groceries at Safeway.  CA State University Chico and Enloe Hospital are both within a few minutes drive.  A couple miles to the west of the property, the Sacramento River meanders south, offering a wide variety of fishing opportunities. If you're looking for a lovely equestrian property and home, not far from town, please schedule your private tour!

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
See Remarks, Central, Fireplace(s)
Cooling
Central Air, Whole House Fan
View
Hills, Orchard, Pasture, Trees/Woods
Flooring
Laminate, Tile
Roof
Composition
City
Chico
Zip Code
95973
County
Butte
Listed byCalifornia Outdoor Properties, Amy Friend

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,298.06
Principal & Interest
Loan Amount
$680,000
Total Interest
$867,303
Total Payment Over 30 Years
$1,547,303
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

2787 Grape Way, Chico, CA 95973

Chico · Single Family Residence

$850K
Residential Tier
Beds
3
Baths
2
Sqft
2,068
Lot
5.00 ac
Year
1988
$/Sqft
$411
Pool: No✓
Spa: No✓
View: Hills, Orchard, Pasture, Trees/Woods✓
Garage: 2-car✓

Listed 47.6% above the median closed sale of $576,000. Price per sqft ($411) is a 53% premium to closed comps ($268).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $850K· $411/sqft
Total list price
Closed comps
vs closed median $576K
+$274K (+47.6%)
Active comps
vs active median $550K
+$300K (+54.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $302
+$109 (+36.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
62 Hollow Oak LaneChico1994331,817223,898$319$579,90019182
645 Black Oak DriveChico1988321,81113,068$304$550,0003776
651 Grafton ParkChico1998321,8446,970$312$575,0008973
2555 Banner PeakChico2013321,7846,534$272$484,9008673
12138 CentervilleChico2002321,80837,897$304$550,00017872
Total: 5 · Average3.02.21,812.857,673.4$302.2$547,960116.2
Median1,811$550,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
194 Picholine WayChico199009/24/2026321,97913,504$575,000$576,000$2911.003379
13899 Garner LnChico199309/30/2026332,18749,223$669,900$665,900$3040.994177
190 Via MissionChico199110/06/2026321,8457,841$539,000$535,000$2900.994176
1696 Oak WayChico196609/24/2026322,05020,473$400,000$365,000$1780.915475
59 Skymountain CircleChico198309/30/2026332,13810,454$565,000$591,000$2761.053275
Total: 5 · Average3.02.42,039.820,299$546,580$546,580$267.8—40.2
Median2,050$576,000$576,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.