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$649,000
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Property Description
Step into a piece of Chico's vibrant history at 256 E. 1st Avenue, an iconic Victorian residence perched on a prominent corner lot of E. 1st Ave and Oleander, just one block from the Esplanade and minutes from Downtown Chico, Chico State, and Enloe Medical Center. Built in 1949, this distinguished 3-story, 8-bedroom, 4-bathroom home spans 2,993 sq. ft. and was once featured as the Decorator's Dream House in 1982. Each room was transformed by local designers with flair and creativity, a legacy the current owners have preserved and thoughtfully updated with curated touches from Chico artisans, blending historic charm with modern living. As you arrive, the welcoming covered front porch and classic double-entry doors offer just a hint of the character inside. Inside, you're greeted by a breathtaking grand staircase, 10.5-foot ceilings, transom windows, handcrafted wainscoting, and wood flooring throughout. The heart of the home, a large light-filled entry, is a true showstopper and sets the tone for the rest of the tour. The main floor hosts one of two private suites, complete with a full bathroom, kitchenette, and cozy living space. Upstairs, you'll find five additional bedrooms and two full bathrooms at the end of the hall. The top floor features a penthouse suite, an incredible private retreat with its own bathroom, living room, and kitchenette. One of the original bedrooms has been converted into a spacious laundry and lounge area for added comfort. The home also includes a large unfinished basement, offering ample storage or the potential for creative future use. Outside, the fenced backyard and side yard offer quiet retreat spaces, perfect for entertaining under the shaded pergola or relaxing around the fire pit. A gated off-street parking area easily fits three cars, with additional RV/Boat parking for added convenience. With strong income potential (the home is currently being used as an Airbnb), the benefit of the Mills Act tax reduction, and a location steeped in Chico's history, this rare Victorian gem is perfect for investors, multigenerational living, or those dreaming of a legacy home near the heart of it all. Opportunities to own a property list iconic and versatile don't come around often. Come experience the character, charm, and possibilities of 256 E. 1st Ave for yourself. Your next chapter starts here!
Full Property Details
Full Property Details for 256 E 1st Ave
General
- Price: $649,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SN25122758
- Updated: 12/1/2025
- Days on Market: 228 days
- Added to Site: 228 day(s) ago
Interior
- Rooms/Areas: Basement, Entry, Family Room, Formal Entry, Foyer, Kitchen, Living Room, Main Floor Bedroom, Walk-In Pantry
- Interior Features: Built-in Features, Ceiling Fan(s), Chair Railings, High Ceilings, Pantry, Wainscoting
- Fireplace: Yes
- Fireplace(s): Family Room, Wood Burning
- Eating Areas: Area, Dining Room, In Kitchen
- Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Individual Room, Inside, Upper Level, Stackable, Washer Included
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Brick, Covered, Patio, Open Patio, Front Porch, Wood, Wraparound
Parking
- Parking: Driveway, Gravel, Driveway Level, Gated, On-Site, Oversized, Parking Space, RV Access/Parking
Location
- County: Butte
- Driving Directions: From Esplanade, Turn onto E. 1st Ave, Property is located on the corner of E. 1st and Oleander Ave
School Information
- School District: Chico Unified
Community
- Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Central, Fireplace(s), Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Victorian
- Structure Type: Single Family Residence
- Construction: Wood Siding
- Foundation: Concrete Perimeter
- Roof: Composition
- Common Walls: No Common Walls
- Windows: Garden Window(s)
- Doors: French Doors
- Disability Access: None
- Entry Location: 1
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 2,994
- Sq. Ft. Source: Assessor
- Year Built: 1949
- Year Built Source: Assessor
Additional Structures
- Other Structures: Gazebo
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276.4
- Lot Size Source: Assessor
- Irrigation System: Sprinkler System
- Zoning: RP
- Lot Description: Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level with Street, Rectangular Lot, Level, Near Public Transit, Sprinkler System, Drip Sprinkler System, Sprinklers in Front, Sprinklers in Rear, Sprinklers Timer, Treed Lot, Yard
- Fencing (Description): Chain Link, Partial, Wood
Financial Considerations
- Price Per Sq. Ft.: $216.77
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Refrigerator(s), Range/Stove, Microwave
Listed by eXp Realty of California, Inc., Brent Silberbauer
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Schools
Schools serving 256 E 1st Ave
School District:Chico Unified School District
| Name | Grades | Distance |
|---|---|---|
Citrus Avenue Elementary School 1350 Citrus Avenue, Chico, CA 95926 | K-5 | 0.4 mi |
Chico Junior High School 280 Memorial Way, Chico, CA 95926 | 6-8 | 0.4 mi |
Chico High School 901 Esplanade, Chico, CA 95926 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 256 E 1st Ave
Date
Details
Price
Change
Source
12/01/2025
Price Reduced
$649,000
-3.85%
MLS
10/24/2025
Price Reduced
$675,000
-1.46%
MLS
8/05/2025
Price Reduced
$685,000
-2.14%
MLS
6/03/2025
Listed
$700,000
4.95%
MLS
6/02/2021
Sold
$667,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 256 E 1st Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,455
14%
$385,000
17%
2023
$3,893
—
$329,000
-6%
2023
$3,893
-25%
$349,000
-25%
2022
$5,213
15%
$466,000
15%
2021
$4,547
1%
$406,000
—
2020
$4,502
14%
$406,000
16%
2019
$3,945
9%
$349,000
6%
2018
$3,634
-6%
$328,000
-6%
2017
$3,880
3%
$350,000
-2%
2016
$3,775
—
$358,613
2%
2015
$3,758
24%
$351,589
23%
2014
$3,034
14%
$285,000
16%
2013
$2,657
—
$245,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 256 E 1st Ave
256 E 1st Avenue, Chico, CA 95926 (MLS# SN25122758) is a Single Family property with 8 bedrooms and 4 full bathrooms. 256 E 1st Avenue is currently listed for $649,000 and was received on June 03, 2025. Want to learn more about 256 E 1st Avenue? Do you have questions about finding other Single Family real estate for sale in Chico? You can browse all Chico real estate or contact a Coldwell Banker agent to request more information.
