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406 Panama Avenue

Chico, CA 95973
  • $585,000
  • STATUS: Active
  • ON SITE: 154 Days
  • ID#: SN25231386
UPDATED: 21 min ago
$585,000
  • 4
    BEDS
  • 1.51
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 2,756
    SQFT
  • $212
    $/SQFT
Type:
Single-Family Home
Built:
1948
County:

School Ratings & Info

School District:
Listing Agent(s): Elke Haldorson of eXp Realty of California, Inc. (888-584-9427)


Description

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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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T22:27:59.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
www.americanrealestatehomes.com/homes/168526419
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406 Panama Avenue Chico, CA 95973

  • Price: $585,000
  • Status: Active
  • On Site: 154 Days
  • Updated: 21 min ago
  • ID#: SN25231386
4
Beds
2
Baths
0
½ Baths
1.51
Acres
2,756
SQFT
$212
$/SQFT
1948
Built
County:
Butte
School District:
Chico Unified
Property Description
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!
Exterior Features

Architectural Style Custom Attached Garage YN Yes Construction Materials PlasterStucco Entry Level 1 Entry Location 1 Fencing Chain Link Foundation Details Raised Lot Features AgriculturalBack YardLot Over 40000 SqftRectangular LotStreet Level Parking Features ConcreteDirect AccessDriveway LevelGaragePavedRV Access/Parking Parking Total 2 Patio And Porch Features ConcreteDeckPorchWood Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof Composition Sign On Property YN Yes Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Appliances DishwasherGas CooktopDisposalMicrowave Common Walls No Common Walls Cooling Central AirDual Cooling YN Yes Door Features French Doors Fireplace Features Family RoomLiving Room Fireplace YN Yes Flooring VinylWood Heating Central Heating YN Yes Interior Features Ceiling Fan(s)PantryBedroom on Main Level Main Level Bathrooms 2 Main Level Bedrooms 3 Window Features Bay Window(s)Screens

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features BikingHiking Contingency None Current Financing None Garage YN Yes Land Lease YN No Laundry Features InsideLaundry Room Lease Considered YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanSubmit New Construction YN No Possession Close Of Escrow Property Condition Turnkey Property Sub Type Single Family Residence Security Features Smoke Detector(s) Senior Community YN No Sewer Septic Tank Special Listing Conditions StandardTrust Structure Type House Utilities Electricity ConnectedNatural Gas ConnectedWater Connected Water Source Public Zoning ML-AODPD



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T22:27:59.373. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or American Real Estate List & Sell. Licensed in the State of California, USA.
 
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American Real Estate List & Sell
6391 Magnolia Ave., B20
Riverside CA, 92505
Listing Agent(s): Elke Haldorson of eXp Realty of California, Inc. (888-584-9427)