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2883 Pennyroyal dr, Chico, CA 95928

$299K2bd · 2ba · 1,103 sqft
Lot 1,103 sqft•HOA $670/mo•Condominium•
Active
•182d on market•MLS# SN-26078695

Property Description

Welcome to Windmill Falls in the desirable California Park neighborhood! This charming 2-bedroom, 1.5-bath condo offers 1,103 square feet of comfortable living in one of Chico's most sought-after communities. Built in 1983 with a contemporary style, the home features a private garage and has been well-maintained. As part of the Windmill Falls Condominium Association, residents enjoy a sparkling community pool, clubhouse, barbecue and picnic areas, and a playground — all with HOA-managed exterior maintenance, including a community-wide re-roofing and road re-paving currently underway. But the real gem here is membership in the California Park Association, which grants access to an exclusive network of private walking and biking trails, two serene private lakes, a chain of ponds, lush wildlife-filled greenbelts, fishing spots, and numerous parks and green spaces throughout the neighborhood. Located in the Chico Unified School District, this home is just minutes from Bidwell Park, everyday shopping, dining, and all that Chico has to offer. Whether you're a first-time buyer, downsizing, or looking for an investment property with strong rental potential, this is an opportunity not to be missed.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
Central Air
View
Lake
City
Chico
Zip Code
95928
County
Butte
Listed byHillside REC, Inc., Morgan Hill

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,511.91
Principal & Interest
Loan Amount
$239,200
Total Interest
$305,086
Total Payment Over 30 Years
$544,286
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

2883 Pennyroyal dr, Chico, CA 95928

Chico · Condominium

$299K
Affordable Tier
Beds
2
Baths
2
Sqft
1,103
Lot
1,103 sqft
Year
1983
$/Sqft
$271
Pool: Yes✓
View: Lake✓
Garage: 1-car✓

Listed 43.8% above the median closed sale of $208,000. Price per sqft ($271) is a 37% premium to closed comps ($198).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $299K· $271/sqft
Total list price
Closed comps
vs closed median $208K
+$91K (+43.8%)
Active comps
vs active median $219K
+$80K (+36.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $226
+$45 (+19.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2500 Shooting Star WayChico1983221,103871$230$254,00023695
2820 PennyroyalChico198522904871$242$219,0003291
2932 Pennyroyal DriveChico198322904871$264$239,00010191
1420 Sherman AvenueChico198722920871$212$195,0004389
1110 8thChico198332988871$182$179,9901989
Total: 5 · Average2.22.0963.8871$226$217,39886.2
Median920$219,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1156 Neal DowChico197609/30/2026221,1520$150,000$150,000$1301.002593
2908 PennyroyalChico198410/02/202622904871$224,500$224,500$2481.005992
1154 Neal Dow AvenueChico197607/06/2026221,152871$208,000$208,000$1811.003391
1244 Magnolia AvenueChico198407/31/202622960871$194,067$196,000$2041.017691
5 Valley LakeChico198907/24/2026221,3001,307$319,000$298,252$2290.9417189
Total: 5 · Average2.02.01,093.6980$215,350.4$215,350.4$198.4—72.8
Median1,152$208,000$208,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.