
538 Burnt Ranch Way, Chico, CA 95973
538 Burnt Ranch Way, Chico, CA 95973
Property Description
Step into this immaculately maintained, stunning, and expansive Discovery home, perfectly situated in a highly sought-after neighborhood and elevated with an array of premium builder upgrades. From the moment you enter, you’re welcomed by soaring 20-foot ceilings that lend an airy, open feel to the living room, dining room, family room, and a truly fabulous kitchen. The chef-inspired kitchen is a masterpiece, featuring rich dark cherry-stained cabinets, sleek granite countertops, a spacious center island ideal for gatherings, top-of-the-line stainless steel appliances, elegant crown molding, and a glass-door walk-in pantry for effortless storage. Flowing seamlessly from the kitchen, the generous family room invites relaxation with a cozy gas fireplace adorned with a painted mantle—perfect for cozy nights or entertaining guests. For added convenience, a private downstairs bedroom paired with a full guest bath offers flexibility for visitors or multi-generational living. Ascend the ultra-wide stairwell to the second level, where a massive loft area awaits—your ideal space for entertainment, relaxation, or even a home office. Upstairs, you’ll discover four spacious bedrooms, including a deluxe master retreat that redefines luxury. This serene escape features its own gas fireplace, a large customized walk-in closet, and a spa-like master bathroom complete with tile floors, a deep soaking tub, a separate glass-enclosed shower, dual sinks, and a private toilet room. Bathed in abundant natural light, this home exudes warmth and charm. Outside, the low-maintenance landscaped backyard provides a tranquil retreat, while the spacious two-car garage ensures ample room for parking and storage. More than just a house, this is a lifestyle waiting to be embraced! Currently rented at $3200 PM in case you want rental income as investment property. Shown only with accepted contract.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Chico · Single Family Residence
Listed 10.9% below the median closed sale of $690,000. Price per sqft ($198) is a 20% discount to closed comps ($249). Luxury tier — fewer comparable sales widen the confidence range.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 639 Burnt Ranch Way | Chico | 2008 | 4 | 3 | 3,159 | 4,792 | $190 | $599,000 | 201 | 92 |
| 622 Brush Creek Lane | Chico | 2013 | 4 | 3 | 2,870 | 5,227 | $223 | $639,500 | 66 | 87 |
| 5056 Hooper Lane | Chico | 2006 | 5 | 3 | 3,447 | 280,526 | $188 | $649,000 | 18 | 64 |
| 1 London Court | Chico | 2003 | 4 | 3 | 2,938 | 10,890 | $289 | $849,000 | 3 | 63 |
| 424 Windham Way | Chico | 2006 | 4 | 3 | 2,906 | 12,197 | $272 | $790,000 | 72 | 62 |
| Total: 5 · Average | 4.2 | 3.0 | 3,064 | 62,726.4 | $232.4 | $705,300 | 72 | |||
| Median | 2,938 | $649,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3289 Sespe Creek | Chico | 2017 | 08/18/2026 | 4 | 3 | 2,981 | 5,227 | $645,000 | $645,000 | $216 | 1.00 | 74 | 88 |
| 3261 Mystery Run | Chico | 2014 | 06/10/2026 | 4 | 3 | 2,834 | 6,098 | $699,000 | $690,000 | $243 | 0.99 | 32 | 79 |
| 587 3rd | Chico | 1921 | 09/10/2026 | 5 | 3 | 2,680 | 6,098 | $674,000 | $630,000 | $235 | 0.94 | 155 | 78 |
| 3188 Wood Creek | Chico | 2002 | 06/12/2026 | 4 | 3 | 2,572 | 7,841 | $779,000 | $773,500 | $301 | 0.99 | 49 | 65 |
| 736 Leafcrest Drive | Chico | 1985 | 06/08/2026 | 5 | 3 | 2,981 | 14,374 | $774,000 | $745,000 | $250 | 0.96 | 66 | 63 |
| Total: 5 · Average | 4.4 | 3.0 | 2,809.6 | 7,927.6 | $696,700 | $696,700 | $249 | — | 75.2 | ||||
| Median | 2,834 | $690,000 | $690,000 | ||||||||||
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.