406 Panama Avenue Chico, CA $ 585,000
406 Panama Avenue
$ 585,000
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406 Panama Avenue

Chico, CA, 95973
$ 585,000
Bedrooms4 Baths2.0 Sq 2,756

Monthly Estimate*

$ 3,602

Listed by eXp Realty of California, Inc.
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Single Family Home for sale in Chico, CA

for $585,000 with 4 bedrooms and 2 full baths. This 2,756 square foot home was built in 1948 on a lot size of 1.51.

Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. Don’t miss out on this one!

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Single Family Active

Price

$ 585,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

1.51

Year Built

1948

Town/City

Chico

County/Region

Butte

MLS | Web ID

SN25231386

Days on Market

118

Features
General
Living Area 2756
Sewer Septic Tank
Heating Central
Cooling Central Air Dual
Utilities Electricity Connected Natural Gas Connected Water Connected
Possession Close Of Escrow
Roof Composition
Appliances Dishwasher Gas Cooktop Disposal Microwave
Zoning ML-AOD PD
HOA Fee 0
Garage Spaces 2
Patio/Porch Features Concrete Deck Porch Wood
Architectural Style Custom
Pool Features None
Security Features Smoke Detector(s)
Construction Materials Plaster Stucco
Year Built 1948
View Neighborhood
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Biking Hiking
County Butte
New Construction false
Property Type Residential
HOA false
Attached Garage true
Contingency None
Garage Y/N true
Full Baths 1
Special Listing Conditions Standard Trust
Status Active
Directions Esplanade to Panama. Last house on the left.
City Chico
Entry Location 1
Senior Community Y/N false
High School District Chico Unified
Number Of Units Total 1
Lot Size Units Square Feet
Lot Size Square Feet 65776
Listing Terms Cash to New Loan Submit
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing None
Property Condition Turnkey
Additional Parcels Y/N false
Lease Considered Y/N false
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) Pantry Bedroom on Main Level
Flooring Vinyl Wood
Fireplace Features Family Room Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Bay Window(s) Screens
Fireplace Y/N true
3/4 Baths 1
Laundry Features Inside Laundry Room
Total Bedrooms 4
Entry Level 1
Main Level Bedrooms 3
Main Level Bathrooms 2
Total Baths 2
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Exterior
Fencing Chain Link
Parking Features Concrete Direct Access Driveway Level Garage Paved RV Access/Parking
Lot Features Agricultural Back Yard Lot Over 40000 Sqft Rectangular Lot Street Level
Water Source Public
Total Parking 2
Lot Size Area 65776
Foundation Details Raised
Spa false
Lot Dimensions 65776
Lot Size Acres 1.51
Road Surface Type Paved
Private Pool false
Lot Size Source Public Records
Door Features French Doors
Road Frontage Type City Street
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* Excluded Features
List By
Exp Realty Of California, Inc.

Broker

elke@hometownchico.com

Email

Affordability Calculator

$3,602
Per Month
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Monthly Principal & Interest
$3,602
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/6/2026$585,000 -5.65% Price Down
11/28/2025$620,000 Listed Price

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406 Panama Avenue, Chico, CA, 95973 is a Single Family Home for sale at $585,000 with 2,756 sqft and a lot size of 1.51. 406 Panama Avenue has 4 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 95973 which is in Chico, CA