1050 Esplanade Chico, CA 95926

$999,000 Active
  • 4 Beds
  • 3 Baths
  • 2,755 Sq.Ft.
  • 0.23 Acres

About the Property

Discover a rare investment opportunity with two charming homes on a popular corner Chico lot, each currently operating as successful Airbnbs! The main home, built in the 1920s, showcases timeless character with soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The thoughtful floor plan includes multiple bathrooms—one fully remodeled to be handicap accessible with railings and a ramp. Recent upgrades bring peace of mind, including brand-new exterior paint, a Trexdecking front porch, and a replaced $15k sewer line. Adding to the property’s appeal is a huge wrap-around porch and an abundance of fruit trees—peach, cherry, and fig—that create a welcoming outdoor atmosphere. The sparkling pool was resurfaced just last year and includes a brand-new pool sweep, creating the perfect summer retreat. At one time, the home was configured as an 8-bedroom property, offering easy potential to convert back for additional rental income. The permitted cottage, once a garage, has its own address and is currently an Airbnb favorite. It offers private a spacious room with murphy bed, windows showcasing pool and neighborhood, a full bathroom and a kitchenette. It also has an on-demand hot water heater and a newer split HVAC system for comfort year-round. Whether you envision multi-generational living, a live/work setup thanks to the commercial zoning, or simply continuing its use as income-producing vacation rentals, this property offers unmatched versatility. Both homes enjoy private layouts, updated amenities, and flexible use options—live in one while renting the other, use or rent out one of the homes for commerical useage or maximize investment potential by running both as rentals. With onsite parking, handicap-friendly updates, and prime proximity to Downtown Chico, Bidwell Park, schools, restaurants, and shopping—plus the unbeatable location just one block from Chico State and four blocks from Enloe Hospital—this property is as versatile as it is valuable!

Property Information

Size 2,755 SqFt
Price/SqFt $363
Lot Size 0.23 Acres
Year Built 1920
Property Type Commercial/Residential
Listing Number SN25189506
Listed 8/21/2025
Modified 12/10/2025
Listing Agent Marisa Bauer
Listing Office Platinum Partners Real Estate
Bedrooms 4
Total Baths 3
Full Baths 2
1/2 Baths 1
Pool Yes
Spa No
HOA Dues None

Property Features

Common Walls
  • No Common Walls
Community
  • Curbs
Cooling
  • Central Air
Fencing
  • Average Condition
Garage Spaces
  • 0.00
Heating
  • Central
Levels
  • One
Other Structures
  • Two On A Lot
Road Frontage
  • City Street
Road Surface
  • Paved
Roofing
  • Composition
Sewer
  • Public Sewer
Spa
  • None
Views
  • Neighborhood
Water Source
  • Public
Eating Area
  • Area
  • Dining Room
Fireplace
  • Living Room
  • Wood Burning
Flooring
  • Laminate
  • Wood
Laundry
  • Individual Room
  • See Remarks
Lot Features
  • Corner Lot
  • Front Yard
Parking
  • Paved
  • Driveway Level
Patio and Porch
  • Covered
  • Patio
Style
  • Bungalow
  • Craftsman
Pool
  • Private
  • In Ground
  • See Remarks
Interior
  • Built-in Features
  • Cathedral Ceiling(s)
  • High Ceilings
  • Open Floorplan
Utilities
  • Cable Available
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
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