
3123 Michael Way, Chico, CA 95973
3123 Michael Way, Chico, CA 95973
Property Description
Welcome to 3123 Michael Way – a charming home tucked at the end of a peaceful cul-de-sac! This property offers a rare combination of privacy, space, and convenience. The home sits back from the street, on a huge lot against the levee, surrounded by mature trees and lush landscaping that create a truly tranquil setting. Step inside to a beautifully updated living room featuring smooth walls, a stunning fireplace with a wood stove insert, a custom mantel, and picture windows on either side that frame peaceful views of the backyard. Through the arched doorway, you'll find a spacious kitchen ideal for entertaining and family gatherings. It includes lots of cabinetry, stainless steel appliances, granite countertops, a tile backsplash, a center island, and a generous dining area with two sliding glass doors that open to the serene backyard. The split floor plan offers excellent functionality, with two guest bedrooms and a large guest bathroom on one side, and the private primary suite on the other. The primary bedroom includes an en-suite bath with a vanity area and expanded space thanks to a garage conversion, which also added a workshop area and plenty of storage. The backyard is truly special—expansive, quiet, and filled with mature landscaping, shaded areas, a patio perfect for outdoor dining and a garden area. All this, just minutes from schools, shopping, parks, and bike paths—yet with a sense of privacy that makes this home feel like a peaceful getaway.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Chico · Single Family Residence
Listed 5.7% below the median closed sale of $493,000.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 484 Cimarron | Chico | 1979 | 3 | 2 | 1,317 | 19,602 | $364 | $480,000 | 39 | 86 |
| 1278 Honey Run Road | Chico | 1975 | 2 | 2 | 1,380 | 16,553 | $344 | $475,000 | 97 | 84 |
| 33 Lawnwood Drive | Chico | 1967 | 3 | 2 | 1,326 | 12,196 | $293 | $389,000 | 19 | 83 |
| 29 Northwood Commons Place | Chico | 1979 | 2 | 2 | 1,410 | 2,614 | $230 | $325,000 | 8 | 83 |
| 872 Sequoyah Avenue | Chico | 1991 | 3 | 2 | 1,390 | 6,534 | $287 | $399,000 | 5 | 83 |
| Total: 5 · Average | 2.6 | 2.0 | 1,364.6 | 11,499.8 | $303.6 | $413,600 | 33.6 | |||
| Median | 1,380 | $399,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 763 Brookwood Way | Chico | 1976 | 09/25/2026 | 3 | 2 | 1,701 | 6,534 | $438,000 | $418,000 | $246 | 0.95 | 45 | 89 |
| 10 Savannah Lane | Chico | 1991 | 10/09/2026 | 3 | 2 | 1,606 | 6,534 | $525,000 | $515,000 | $321 | 0.98 | 56 | 86 |
| 1918 Potter | Chico | 1992 | 10/09/2026 | 3 | 2 | 1,673 | 6,970 | $505,000 | $493,000 | $295 | 0.98 | 45 | 84 |
| 476 Redwood | Chico | 1960 | 09/24/2026 | 4 | 2 | 1,458 | 7,405 | $419,000 | $419,000 | $287 | 1.00 | 57 | 83 |
| 1795 Estates Way | Chico | 1965 | 10/07/2026 | 3 | 3 | 1,872 | 10,454 | $668,000 | $700,000 | $374 | 1.05 | 33 | 82 |
| Total: 5 · Average | 3.2 | 2.2 | 1,662 | 7,579.4 | $509,000 | $509,000 | $304.6 | — | 47.2 | ||||
| Median | 1,673 | $493,000 | $493,000 | ||||||||||
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.