
2883 Pennyroyal dr, Chico, CA 95928
2883 Pennyroyal dr, Chico, CA 95928
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
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Chico · Condominium
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.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2500 Shooting Star Way | Chico | 1983 | 2 | 2 | 1,103 | 871 | $230 | $254,000 | 236 | 95 |
| 2820 Pennyroyal | Chico | 1985 | 2 | 2 | 904 | 871 | $242 | $219,000 | 32 | 91 |
| 2932 Pennyroyal Drive | Chico | 1983 | 2 | 2 | 904 | 871 | $264 | $239,000 | 101 | 91 |
| 1420 Sherman Avenue | Chico | 1987 | 2 | 2 | 920 | 871 | $212 | $195,000 | 43 | 89 |
| 1110 8th | Chico | 1983 | 3 | 2 | 988 | 871 | $182 | $179,990 | 19 | 89 |
| Total: 5 · Average | 2.2 | 2.0 | 963.8 | 871 | $226 | $217,398 | 86.2 | |||
| Median | 920 | $219,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1156 Neal Dow | Chico | 1976 | 09/30/2026 | 2 | 2 | 1,152 | 0 | $150,000 | $150,000 | $130 | 1.00 | 25 | 93 |
| 2908 Pennyroyal | Chico | 1984 | 10/02/2026 | 2 | 2 | 904 | 871 | $224,500 | $224,500 | $248 | 1.00 | 59 | 92 |
| 1154 Neal Dow Avenue | Chico | 1976 | 07/06/2026 | 2 | 2 | 1,152 | 871 | $208,000 | $208,000 | $181 | 1.00 | 33 | 91 |
| 1244 Magnolia Avenue | Chico | 1984 | 07/31/2026 | 2 | 2 | 960 | 871 | $194,067 | $196,000 | $204 | 1.01 | 76 | 91 |
| 5 Valley Lake | Chico | 1989 | 07/24/2026 | 2 | 2 | 1,300 | 1,307 | $319,000 | $298,252 | $229 | 0.94 | 171 | 89 |
| Total: 5 · Average | 2.0 | 2.0 | 1,093.6 | 980 | $215,350.4 | $215,350.4 | $198.4 | — | 72.8 | ||||
| Median | 1,152 | $208,000 | $208,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.