Chico, CA 95926,1050 Esplanade
Chico, CA 95926,1050 Esplanade
Chico, CA 95926,1050 Esplanade
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$999,000
Est. payment /mo
10,018 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID SN26009971

HOA Y/N No

Year Built 1920

Lot Size 10,018 Sqft

Property Sub-Type Multi Family

Property Description

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!

Location

State CA

County Butte

Interior

Heating Central

Cooling Central Air

Inclusions washers, dryers and refrigerators

Fireplace No

Laundry Laundry Room, See Remarks

Exterior

Fence Average Condition

Utilities Available Cable Available, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Building

Lot Description Corner Lot, Front Yard

Story 1

Water Public

Others

Tax ID 003104001000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Submit

Listing Terms Submit

Special Listing Condition Standard


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CRMLS – RECore
Listed by Marisa Bauer Platinum Partners Real Estate

Nearby School & Business

SCHOOLS PROPERTIES
Elementary Schools 20
  • 9

    Sierra View Elementary School

    Public | KG - 6

  • 8

    Chico Country Day

    Public | KG - 8

  • 7

    Shasta Elementary School

    Public | KG - 6

  • 6

    Core Butte Charter

    Public | KG - 12

  • 6

    Wildflower Open Classroom

    Public | KG - 8

  • 6

    Hooker Oak Elementary School

    Public | KG - 8

  • 6

    Sherwood Montessori

    Public | KG - 8

  • 6

    Parkview Elementary School

    Public | KG - 6

  • 5

    Emma Wilson Elementary School

    Public | KG - 6

  • 5

    Rosedale Elementary School

    Public | KG - 6

  • 5

    Neal Dow Elementary School

    Public | KG - 6

  • 5

    Marigold Elementary School

    Public | KG - 6

  • 4

    Blue Oak Charter

    Public | KG - 8

  • 3

    McManus (John A.) Elementary School

    Public | KG - 6

  • 2

    Citrus Avenue Elementary School

    Public | KG - 6

  • 1

    Oakdale

    Public | KG - 12

  • 1

    Chapman Elementary School

    Public | KG - 6

  • 0

    Notre Dame School

    Private | KG - 8

  • 0

    Rose Scott Learning Community

    Private | KG - 10

  • 0

    Loma Vista

    Public | KG - 12

Middle Schools 4
  • 6

    Bidwell Junior High School

    Public | 7 - 8

  • 5

    Chico Junior High School

    Public | 7 - 8

  • 1

    Center for Alternative Learning

    Public | 6 - 12

  • 0

    Academy for Change

    Public | 7 - 12

High Schools 6
  • 9

    Inspire School of Arts and Sciences

    Public | 9 - 12

  • 9

    Pleasant Valley High School

    Public | 9 - 12

  • 7

    Chico High School

    Public | 9 - 12

  • 0

    Fair View High (Continuation)

    Public | 9 - 12

  • 0

    Champion Christian School

    Private | 9 - 12

  • 0

    Butte County Regional Occupational Program

    Public | 9 - 12

School and business data provided by Attom Data.

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Jim Amen

Jim Amen

+1(916) 718-8604

Broker | CA DRE#01841461

Broker CA DRE#01841461

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