406 Panama Avenue, Chico, CA 95973 - Photo 1

1/1

$420,000

Sold
Closed
Single Family
4 Beds
1 Full Bath
1 Partial Bath
2,756 Sq. Ft.
2 Car Garage

1/1

Property Description

New Price!! Welcome to 406 Panama Avenue! This is a one-of-a-kind property in the heart of Chico. Not only is the lot size over 1.5 acres but it comes with a quality, mid-century 2,756 square foot home that boasts 4 bedrooms, 2 bathrooms, arched doorways, hardwood floors, sunny window seats, 2 fireplaces, large laundry room, extra-large family room and the list goes on. This property is zoned Light Manufacturing which allows for business, agricultural, manufacturing uses and more. This is an ideal live-work situation for someone looking to run their business and live in a charming home all in one place! The home and yard occupy .7 acres and the remaining .81 acres is fully fenced and gated, awaiting your imagination and creativity for the multitude of uses allowed. The long paved driveway, backyard paved parking pad and attached garage offer the ideal setup for multiple vehicles, recreational vehicles, boats, trailers, and more. All combined, this is one of the most unique, in-town Chico properties to come to the market in years. This home needs some repairs which is reflected in the new price. Photos were taken when the home was furnished and staged.

Full Property Details

Full Property Details for 406 Panama Ave

General

Sold For: $420,000
Status: Closed
Type: Single Family
Source: MRMLS
MLS ID: SN25231386
Added to Site: 307 day(s) ago

Interior

Rooms/Areas: Laundry, Bonus Room, Kitchen, Main Floor Bedroom
Interior Features: Ceiling Fan(s), Pantry
Fireplace: Yes
Fireplace(s): Living Room, Family Room
Appliances: Gas Cooktop, Disposal, Microwave, Dishwasher
Flooring: Vinyl, Wood

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1

Bedrooms

Total Bedrooms: 4

Other Rooms

Laundry: Inside, Individual Room

Additional Information

Pool Description: None
Spa Description: None

Exterior

Deck/Patio: Wood, Concrete, Porch, Deck

Parking

Garage: Yes
Garage Spaces: 2
Parking: Garage, Concrete, Paved, Garage (Direct Access), RV Access/Parking, Driveway Level

Location

County: Butte
Driving Directions: Esplanade to Panama. Last house on the left.

School Information

School District: Chico Unified

Community

Community Features: Biking, Hiking

Heating & Cooling

Cooling Type: Dual, Central Air
Heating Type: Central

Utilities

Sewer: Conventional Septic
Water: Public

Structural Information

Architectural Style: Custom-Built
Structure Type: Single Family Residence
Construction: Plaster, Stucco
Foundation: Raised
Roof: Composition
Common Walls: No Common Walls
Windows: Bay Window(s), Screens
Doors: French Doors
Entry Location: 1
Stories/Levels: One
Stories Description: One
Square Feet: 2,756
Sq. Ft. Source: Public Records
Year Built: 1948
Year Built Source: Public Records
Property Condition: Turnkey

Lot Features

Property View: Neighborhood
Lot Size (Acres): 1.51
Lot Size Source: Public Records
Lot Dimensions: 65776
Zoning: ML-AOD, PD
Lot Description: Lot Over 40000 Sqft, Level with Street, Rectangular Lot, Agricultural, Back Yard
Fencing (Description): Chain Link

Financial Considerations

Price Per Sq. Ft.: $152.39

Disclosures and Reports

Special Conditions: Trust, Standard

Listed by eXp Realty of California, Inc., Elke Haldorson
Sold by Re/Max of Chico, Dan Bosch

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Listing agent

— 406 Panama Ave —

Elke Haldorson

eXp Realty of California, Inc.

5303215951

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NMLS#: 1598647

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Schools

Schools serving 406 Panama Ave

School District:Chico Unified School District

Name	Grades	Distance
Mcmanus (John A.) Elementary School 988 E. Ave., Chico, CA 95926	K-5	1 mi
Bidwell Junior High School 2376 North Avenue, Chico, CA 95926	6-8	1.1 mi
Pleasant Valley High School 1475 East Avenue, Chico, CA 95926	9-12	2.1 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 Panama Ave

Date

Details

Price

Change

Source

6/22/2026

Sold

$420,000

-13.4%

MLS

4/10/2026

Price Reduced

$485,000

-17.09%

MLS

1/05/2026

Price Reduced

$585,000

-5.65%

MLS

10/03/2025

Listed

$620,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Baths
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Beds
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Total Baths
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Sq. Ft.

406 Panama Avenue, Chico, CA 95973 (MLS# SN25231386) is a Single Family property that was sold at $420,000 on June 22, 2026. Want to learn more about 406 Panama 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.

406 Panama Ave Chico, CA 95973