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316 Memphis Drive, Paradise, CA 95969

$280K2bd · 2ba · 1,495 sqft
Lot 5,227 sqft•HOA $250/mo•Manufactured On Land•
Active
•130d on market•MLS# SN-26120221

Property Description

Welcome to this inviting home in the gated 55+ community of The Plantation, one of Paradise’s well-established neighborhoods known for its mature landscaping, peaceful atmosphere, and strong sense of community. Surrounded by maintained greenbelt areas and conveniently located near local shopping and everyday amenities, the neighborhood offers the comfortable lifestyle and slower pace of life that continue to make Paradise such a desirable place to call home. Inside, vaulted ceilings and bay windows create a bright, welcoming feel throughout the main living spaces, while the semi-open layout provides both functionality and everyday comfort. The kitchen features generous wood cabinetry, tile countertops, gas cooking, and an adjoining dining area that connects naturally to the living space. A permitted bonus room addition completed in 2016 adds flexibility for hobbies, office use, or an additional sitting area. The primary suite includes a spacious bathroom with a garden tub and separate shower, while the private patio overlooks greenbelt space, adding to the home’s peaceful setting and connection to the natural surroundings the Ridge is known for. Additional highlights include central heating and air, indoor laundry with garage access, an attached 2-car garage, and a roof replacement completed in 2016. Residents of The Plantation enjoy access to the clubhouse, pool, spa, and maintained common areas, creating a welcoming community atmosphere that reflects the pride of ownership found throughout this desirable Paradise neighborhood.

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Manufactured On Land
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Meadow, Park/Greenbelt, Pool, Trees/Woods
Flooring
Laminate, Tile
Roof
Composition
City
Paradise
Zip Code
95969
County
Butte
Listed byReal Broker, Douglas Speicher

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,415.83
Principal & Interest
Loan Amount
$224,000
Total Interest
$285,700
Total Payment Over 30 Years
$509,700
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

Affordable Tier · 5 active · 5 closed

316 Memphis Drive, Paradise, CA 95969

Paradise · Manufactured On Land

$280K
Affordable Tier
Beds
2
Baths
2
Sqft
1,495
Lot
5,227 sqft
Year
1993
$/Sqft
$187
Pool: Yes✓
Spa: Yes✓
View: Hills, Meadow, Park/Greenbelt, Pool, Trees/Woods✓
Garage: 2-car✓

Listed 10.5% below the median closed sale of $313,000. Price per sqft ($187) is a 18% discount to closed comps ($227). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $280K· $187/sqft
Total list price
Closed comps
vs closed median $313K
−$33K (−10.5%)
Active comps
vs active median $319K
−$39K (−12.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $227
−$40 (−17.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
3984 Neal RoadParadise2021221,40466,211$281$395,0001981
1863 NorwoodParadise2021321,6009,583$199$318,0005177
1588 Hidden Have LaneParadise2026221,56611,761$188$295,0004376
5548 NewlandParadise2020221,29618,731$255$330,99921976
1166 WagstaffParadise2022321,51218,295$211$319,0002374
Total: 5 · Average2.42.01,475.624,916.2$226.8$331,599.871
Median1,512$319,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
511 Montgomery PlaceParadise202406/12/2026321,4965,227$289,950$275,000$1840.9525183
1674 FlickerParadise202107/16/2026321,4721,195,417,080$359,000$356,000$2420.996578
5492 Edgewood LaneParadise202009/02/2026321,296245,678$359,900$360,000$2781.005475
5188 Scottwood RoadParadise202507/17/2026321,47516,988$299,900$313,000$2121.047273
6187 Virginia WayParadise202608/05/2026221,28014,375$272,000$280,000$2191.035073
Total: 5 · Average2.82.01,403.8239,139,869.6$316,800$316,800$227—98.4
Median1,472$313,000$313,000

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.