Welcome to 4229 Caballo Way, where country living meets the convenience of North Chico. Tucked just off Hicks Lane, this classic ranch-style home sits on 1.13 usable acres and offers the perfect blend of space, privacy, and possibility, just minutes from shopping, restaurants, schools, and freeway access. One of the standout features of this property is the impressive 960 sq. ft. detached shop (40’ x 24’). With a roll-up door and easy access off the circular driveway, it’s a dream setup for hobbyists, car enthusiasts, home-based businesses, or anyone needing substantial workspace. Whether you’ve imagined a workshop, storage for equipment, or a creative studio, this shop makes those possibilities instantly attainable. Step inside the home and you’ll immediately feel the warmth and potential of this 3-bedroom, 2-bathroom ranch spanning 1,920 sq. ft. With great bones and thoughtful touches already in place, the home is comfortably livable as-is yet ready for someone to bring their personal style to life. The layout offers multiple gathering spaces, making it ideal for entertaining, everyday living, or simply spreading out and enjoying the quiet of the countryside. To the right of the entry is a spacious living room featuring a masonry wood-burning fireplace, the perfect spot to curl up on chilly evenings. The large dining area, open to the kitchen, creates a natural hub for connection. Just beyond, a generous family room offers endless versatility: game room, gym, studio, or second living space. This room also houses the indoor laundry area, keeping tasks convenient and centralized. On the opposite wing of the home, you’ll find three generously sized bedrooms, including a primary suite with an ensuite bathroom, plus a full guest bath off the hallway. Each room offers abundant space and natural light, with plenty of opportunity to tailor the home to your needs. Outside, the magic of this property truly comes to life. With over an acre of flat, usable land, the possibilities are vast—animals, gardening, orchard space, RV parking, or wide-open room to roam. Backing up to the levee, the property provides added privacy with no neighbors directly behind you. Whether you’re dreaming of a small homestead, a peaceful retreat, or a place where you can blend country charm with city convenience, 4229 Caballo Way is ready to welcome its next chapter. With acreage, a standout shop, and an enviable location, all that’s missing is your vision.
For sale
Listing Provided by:
Tamara Lambert DRE #01728469 530-520-5777,
Thrive Real Estate Company
$485,000
4229 Caballo Way, Chico, CA 95973
3beds
1,920sqft
Est.:
Single Family Residence
Built in 1974
1.13 Acres Lot
$471,700 Zestimate®
$253/sqft
$-- HOA
What's special
Masonry wood-burning fireplaceCircular drivewayClassic ranch-style homeThree generously sized bedrooms
- 47 days |
- 2,387 |
- 84 |
Zillow last checked: 8 hours ago
Listing updated: December 07, 2025 at 03:30pm
Listing Provided by:
Tamara Lambert DRE #01728469 530-520-5777,
Thrive Real Estate Company
Source: CRMLS,MLS#: SN25266094
Originating MLS: California Regional MLS
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Bonus Room, Entry/Foyer, Family Room, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Dining Room
Heating
- Central, Fireplace(s), Wood
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Free-Standing Range, Disposal, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Closet
Features
- Breakfast Bar, Chair Rail, Ceiling Fan(s), Separate/Formal Dining Room, Tile Counters, Primary Suite
- Flooring: Laminate, Vinyl
- Doors: Sliding Doors
- Windows: Double Pane Windows, Screens
- Has fireplace: Yes
- Fireplace features: Living Room, Masonry, Raised Hearth, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,920 sqft
Property
Parking
- Total spaces: 6
- Parking features: Circular Driveway, Driveway Level, Door-Single, Driveway, Garage Faces Front, Garage, RV Potential, RV Access/Parking, Workshop in Garage
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Concrete
- Exterior features: Rain Gutters
- Pool features: None
- Spa features: None
- Fencing: Chain Link,Wood,Wrought Iron
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 1.13 Acres
- Features: Back Yard, Front Yard, Lawn, Level, Rectangular Lot, Yard
Details
- Additional structures: Workshop
- Parcel number: 007230014000
- Special conditions: Standard
- Other equipment: Satellite Dish
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
- Roof: Composition
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: 220 Volts in Laundry
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: Hiking, Rural
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Chico
Financial & listing details
- Price per square foot: $253/sqft
- Tax assessed value: $288,251
- Annual tax amount: $3,347
- Date on market: 12/4/2025
- Cumulative days on market: 47 days
- Listing terms: Cash,Cash to New Loan
- Inclusions: Refrigerator, Dishwasher, Stove/Oven
Estimated market value
$471,700
$448,000 - $495,000
$2,390/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/4/2025 | Listed for sale | $485,000+115.6%$253/sqft |
Source: | ||
| 12/3/2010 | Sold | $225,000-6.2%$117/sqft |
Source: Public Record Report a problem | ||
| 9/11/2010 | Listed for sale | $239,900+11.1%$125/sqft |
Source: NCI #201012582 Report a problem | ||
| 6/3/2010 | Sold | $216,000+109.7%$113/sqft |
Source: Public Record Report a problem | ||
| 11/9/2005 | Sold | $103,000-47.2%$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,347 +6.7% | $288,251 +2% |
| 2024 | $3,138 +1.2% | $282,600 +2% |
| 2023 | $3,100 +1.7% | $277,059 +2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,948/mo
Principal & interest
$2329
Property taxes
$449
Home insurance
$170
Climate risks
Neighborhood: 95973
Nearby schools
GreatSchools rating
- 6/10Neal Dow Elementary SchoolGrades: K-5Distance: 3.4 mi
- 8/10Bidwell Junior High SchoolGrades: 6-8Distance: 2.7 mi
- 7/10Pleasant Valley High SchoolGrades: 9-12Distance: 3.5 mi
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