406 Panama Avenue Chico, CA 95973

$585,000 Active

About the Property

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. Don’t miss out on this one!

Property Information

Size 2,756 SqFt
Price/SqFt $212
Year Built 1948
Property Type Mixed Use
Listing Number SN25239736
Listed 9/17/2025
Modified 1/10/2026
Listing Agent Elke Haldorson
Listing Office eXp Realty of California, Inc.

Property Features

# of Units Total
  • 1
Heating
  • Central
Roof
  • Composition
Stories Total
  • 1
Water Source
  • Public
Utilities
  • Electricity Connected
  • Natural Gas Connected
  • Water Connected
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