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1050 Esplanade

chico, CA 95926

$899,000

    Interested? Let's Connect

    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 three 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 Trex front porch, and a replaced $15k sewer line. Outside, you’ll find an abundance of fruit trees—peach, cherry, and fig—adding to the charm of this unique property.

    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 laundry and versatile living space, along with a pool house featuring 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, or maximize investment potential by running both as rentals.

    With ample parking, handicap-friendly updates, and prime proximity to Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this property is as versatile as it is valuable. Opportunities like this—offering character, upgrades, and income potential—rarely hit the Chico market.

    Details

    2,755 Sq Ft

    0.23 Private Acres Lot Size

    investment

    Built in 1920

    MLS/Listing ID SN25231814

    1 Stories

    2 Units

    Amenities & Features

    Pool - Private

    Pool - Inground

    Parking - Paved

    Parking - Driveway Level

    Lot - Front Yard

    Wood Burning Fireplace

    Living Room Fireplace

    Average Condition

    Cooling - Central Air

    Community - Curbs

    Style - Craftsman

    Style - Bungalow

    Tankless Water Heater

    Gas Range

    Disposal

    Electric Range

    Dishwasher

    Open Floor Plan

    Bedroomon Main Level

    Instant Hot Water

    Main Level Primary

    Laundry Room

    Lot - Corner Lot

    Composition

    Neighborhood View

    Parking

    Accessible Approach with Ramp

    Laminate

    Natural Wood

    Built-in Features

    High Ceilings

    Cathedral Ceilings

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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