406 Panama Avenue, Chico, CA 95973 - Photo 1 of 61, Chico, CA
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$585,000

406 Panama Avenue, Chico, CA 95973

4Beds
2Baths
2,756Sq Ft
2Parking
1948Built
170Days Listed
2Lot Sq Ft

Listed by Elke Haldorson, eXp Realty of California, Inc. | 530-321-5951 | MLS# SN25231386

About This Property

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. Dont miss out on this one!

Property Details

Property Type
Detached
Bedrooms
4
Bathrooms
2
Building Area
2,756 Sqft
Living Area
2,756 sqft
Year Built
1948
Stories
1.0
Status
Active
Days on Market
170
Cumulative Days on Market
155
Original Price
$620,000
MLS Number
SN25231386

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

Chico Market Snapshot

237

Active Listings

$440K

Median Price

124

Avg Days on Market

Last updated: Mar 6, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$585,000