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538 Burnt Ranch Way, Chico, CA 95973

$615K5bd · 3ba · 3,113 sqft
Lot 4,356 sqft•Single Family Residence•
Active
•98d on market•MLS# PV-26146237

Property Description

Step into this immaculately maintained, stunning, and expansive Discovery home, perfectly situated in a highly sought-after neighborhood and elevated with an array of premium builder upgrades. From the moment you enter, you’re welcomed by soaring 20-foot ceilings that lend an airy, open feel to the living room, dining room, family room, and a truly fabulous kitchen. The chef-inspired kitchen is a masterpiece, featuring rich dark cherry-stained cabinets, sleek granite countertops, a spacious center island ideal for gatherings, top-of-the-line stainless steel appliances, elegant crown molding, and a glass-door walk-in pantry for effortless storage. Flowing seamlessly from the kitchen, the generous family room invites relaxation with a cozy gas fireplace adorned with a painted mantle—perfect for cozy nights or entertaining guests. For added convenience, a private downstairs bedroom paired with a full guest bath offers flexibility for visitors or multi-generational living. Ascend the ultra-wide stairwell to the second level, where a massive loft area awaits—your ideal space for entertainment, relaxation, or even a home office. Upstairs, you’ll discover four spacious bedrooms, including a deluxe master retreat that redefines luxury. This serene escape features its own gas fireplace, a large customized walk-in closet, and a spa-like master bathroom complete with tile floors, a deep soaking tub, a separate glass-enclosed shower, dual sinks, and a private toilet room. Bathed in abundant natural light, this home exudes warmth and charm. Outside, the low-maintenance landscaped backyard provides a tranquil retreat, while the spacious two-car garage ensures ample room for parking and storage. More than just a house, this is a lifestyle waiting to be embraced! Currently rented at $3200 PM in case you want rental income as investment property. Shown only with accepted contract.

Features & Amenities

FeeBuilt 2009

Property Details

Land Type
Fee
Year Built
2009
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Courtyard, Trees/Woods
Roof
Composition
City
Chico
Zip Code
95973
County
Butte
Listed byProperkey, Alexander Good

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,109.77
Principal & Interest
Loan Amount
$492,000
Total Interest
$627,519
Total Payment Over 30 Years
$1,119,519
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

Luxury Tier · 5 active · 5 closed

538 Burnt Ranch Way, Chico, CA 95973

Chico · Single Family Residence

$615K
Luxury Tier
Beds
5
Baths
3
Sqft
3,113
Lot
4,356 sqft
Year
2009
$/Sqft
$198
Pool: No✓
Spa: No✓
View: Courtyard, Trees/Woods✓
Garage: 2-car✓

Listed 10.9% below the median closed sale of $690,000. Price per sqft ($198) is a 20% discount to closed comps ($249). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $615K· $198/sqft
Total list price
Closed comps
vs closed median $690K
−$75K (−10.9%)
Active comps
vs active median $649K
−$34K (−5.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $232
−$34 (−14.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
639 Burnt Ranch WayChico2008433,1594,792$190$599,00020192
622 Brush Creek LaneChico2013432,8705,227$223$639,5006687
5056 Hooper LaneChico2006533,447280,526$188$649,0001864
1 London CourtChico2003432,93810,890$289$849,000363
424 Windham WayChico2006432,90612,197$272$790,0007262
Total: 5 · Average4.23.03,06462,726.4$232.4$705,30072
Median2,938$649,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3289 Sespe CreekChico201708/18/2026432,9815,227$645,000$645,000$2161.007488
3261 Mystery RunChico201406/10/2026432,8346,098$699,000$690,000$2430.993279
587 3rdChico192109/10/2026532,6806,098$674,000$630,000$2350.9415578
3188 Wood CreekChico200206/12/2026432,5727,841$779,000$773,500$3010.994965
736 Leafcrest DriveChico198506/08/2026532,98114,374$774,000$745,000$2500.966663
Total: 5 · Average4.43.02,809.67,927.6$696,700$696,700$249—75.2
Median2,834$690,000$690,000

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.