1050 Esplanade, Chico, CA 95926
sale
$699,999
|
Other
Courtesy Of Platinum Partners Team
Why settle for one income-producing property when you can have two? Rarely does an opportunity like this come along in Chico! Situated on a desirable corner lot, this unique property features two separate homes, both currently operating as successful Airbnb rentals, offering an incredible opportunity for investors, owner-occupants, or those seeking a versatile multi-generational property. The main home, built in the 1920s, is rich with timeless character, featuring soaring ceilings, beautiful original hardwood floors, and a bright sunroom overlooking the pool with all-new windows. The spacious floor plan includes three bathrooms, one of which has been fully remodeled with handicap-accessible features, including railings and a ramp. Recent improvements add even more value, including brand-new exterior paint, a Trex front porch, and a new $15,000 sewer line. Outside, enjoy an abundance of established fruit trees, including peach, cherry, and fig. The sparkling pool was resurfaced just last year and features a brand-new pool sweep, making it an inviting retreat for guests and residents alike. Previously configured as an eight-bedroom property, the main home also offers the potential to convert back for additional sleeping accommodations and increased rental opportunities. The permitted cottage, converted from a former garage, has its own address and has become an Airbnb favorite. Offering private laundry and flexible living space, this separate residence provides additional income potential and privacy. A pool house adds even more functionality, complete with an on-demand water heater and a newer split HVAC system for year-round comfort. With commercial zoning, the possibilities extend well beyond traditional residential use. Continue operating both homes as successful vacation rentals, live in one while generating income from the other, explore a live/work arrangement, or create a multi-generational living setup. Both residences offer their own private living spaces and flexible use options, while ample parking and handicap-friendly improvements add to the property's appeal. Conveniently located near Downtown Chico, Bidwell Park, schools, restaurants, and shopping, this is a rare chance to own a distinctive two-residence property with established rental appeal, significant character, and a variety of future possibilities.
Read More About This Property
Read Less About This Property
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Pool
- Architecture Style: Bungalow,Craftsman
- Building Units: 2
- Cooling System: Central Air
- Fireplace: Fireplace
- Floor Covering: Wood
- Floor Covering: Laminate
- Floors: 1
- Heating System: Central
- MLSID: SN26234431
- Roof Type: Composition
- Rooms: Bedroom 4
- Rooms: Laundry Room
- Rooms: Bathroom 4
- Rooms: Kitchen
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Basement
- Rooms: Bathroom 1
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
Data powered by Attom Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
You may also be interested in...
sale
$899,950
Mixed Use
1215 Mangrove
Chic, CA 95926
Listed By CENTURY 21 Select Real Estate, Inc.
sale
$879,000
Commercial-Other
1078 Humboldt
Chic, CA 95928
Listed By CENTURY 21 Select Real Estate, Inc.
sale
$825,000
Office Bldg
2455 Beacon Street
Chic, CA 95928
Listed By CENTURY 21 Select Real Estate, Inc.
sale
$789,000
Other
390 Ash Street
Chico, CA 95926
Land: 0.19 Acres
Courtesy Of JAROLLS, INC