3123 Michael Way, Chico, CA 95973
Property image
Property image
FOR SALE
1.52 ACRES
Listed by Lea Johnson, Parkway Real Estate Co., (530) 961-2400

$464,999

Original price: $475,000
  • 3 Beds
  • 2 Baths
  • 1,573 sqft (on 1.52 acres)

3123 Michael Way, Chico, CA 95973

Est. Mortgage $2,888/mo*
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We estimate this home will sell faster than 87% nearby.

Home Highlights

Single-Family Home
Built in 1971
1.52 acre lot
$296/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 3123 Michael Way.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Welcome to 3123 Michael Way – a charming home tucked at the end of a peaceful cul-de-sac! This property offers a rare combination of privacy, space, and convenience. The home sits back from the street, on a huge lot against the levee, surrounded by mature trees and lush landscaping that create a truly tranquil setting. Step inside to a beautifully updated living room featuring smooth walls, a stunning fireplace with a wood stove insert, a custom mantel, and picture windows on either side that frame peaceful views of the backyard. Through the arched doorway, you'll find a spacious kitchen ideal for entertaining and family gatherings. It includes lots of cabinetry, stainless steel appliances, granite countertops, a tile backsplash, a center island, and a generous dining area with two sliding glass doors that open to the serene backyard. The split floor plan offers excellent functionality, with two guest bedrooms and a large guest bathroom on one side, and the private primary suite on the other. The primary bedroom includes an en-suite bath with a vanity area and expanded space thanks to a garage conversion, which also added a workshop area and plenty of storage. The backyard is truly special—expansive, quiet, and filled with mature landscaping, shaded areas, a patio perfect for outdoor dining and a garden area. All this, just minutes from schools, shopping, parks, and bike paths—yet with a sense of privacy that makes this home feel like a peaceful getaway.
We estimate this home will sell faster than 87% nearby.

Home Details for 3123 Michael Way

Interior Features

Interior Details
Number of Rooms: 11Types of Rooms: Master Bedroom, Bedroom, Master Bathroom, Bathroom, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2Number of Bathrooms (main level): 2
Dimensions and Layout
Living Area: 1573 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, WasherDishwasherDisposalDryerLaundry: Inside,Laundry RoomMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Central,Wood StoveHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Insert, Living Room, Wood Burning StoveSpa: NoneHas a FireplaceNo Spa
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Carpet, Tile, WoodCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 1Floors: Carpet, Tile, Wood
View
Has a ViewView: Neighborhood
Security
Security: Carbon Monoxide Detector(s), Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Open, PatioFencing: Average ConditionOther Structures: Shed(s)Exterior: Rain GuttersNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageParking Spaces: 2Parking: Driveway Level,RV Potential
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Septic Tank
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 40Days on Market: 151

Property Information

Year Built
Year Built: 1971
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: House
Building
Construction Materials: StuccoNot a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Included in Sale: Refrigerator, washer/dryer,Parcel Number: 007250032000

Price & Status

Price
List Price: $464,999Price Per Sqft: $296

Active Status

MLS Status: Active

Location

Direction & Address
City: Chico
School Information
High School District: Chico Unified

Agent Information

Listing Agent
Listing ID: SN26072141

Community

Community Features: Gutter(s), Street LightsNot Senior Community

HOA

Association for this Listing: California Regional MLSHOA Fee: No HOA Fee

Lot Information

Lot Area: 1.52 Acres

Listing Info

Special Conditions: Standard

Offer

Contingencies: Sellers successful close of replacement property.Listing Terms: Cash, Cash to New Loan, Submit

Miscellaneous

Mls Number: SN26072141Living Area Range Units: Square FeetAttribution Contact: 530-961-2400Common Interest: NoneUniversal Property Id: US-06007-N-007250032000-R-N

Additional Information

Gutter(s)Street LightsSource Internet Entire Listing Display

Around this home

What Locals Say about Chico

At least 481 Trulia users voted on each feature.

  • 88 % Say it's dog friendly

  • 82 % Say car is needed

  • 79 % Say there are sidewalks

  • 78 % Say parking is easy

  • 75 % Say there's holiday spirit

  • 73 % Say yards are well-kept

  • 62 % Say kids play outside

  • 58 % Say people would walk alone at night

  • 56 % Say it's quiet

  • 55 % Say neighbors are friendly

  • 53 % Say streets are well-lit

  • 52 % Say it's walkable to restaurants

  • 52 % Say it's walkable to grocery stores

  • 42 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Dezaray Salinas
    "15 minute drive at most to anywhere in Chico. Drivers are more laidback. However, traffic is at its highest around noon to 6. So you can expect 10 minutes extra in commute."
    1
    Flag
  • Larm1
    "My sister has lived here since college. She is now 60. I’ve spent a fair bit of time in chico. It has grown by leaps and bounds - but maintained that small town feel"
    0
    Flag
  • Larm1
    "People say hi and know each other’s name. The schools are good - from preschool to university. The businesses like to hire locals. "
    1
    Flag
  • Angie.slover
    "Chico is located in a wonderfully central area. There is affordable housing and lots of community events. Still has the old-school small town feel. "
    0
    Flag
  • Mike H
    "This area is great there is numerous a I I ties and waterways to be Abel to enjoy. The homeless use it for a bathroom and the city does little to curb the activity. This area used to be great but it hampered by crime and homelessness."
    0
    Flag
  • Trulia User
    "It’s very peaceful a lot of the time! Sometimes there will be fireworks around holidays and weirdos speeding, but other than that, it’s nice"
    5
    Flag
  • Trulia User
    "Area is very pet friendly. Lots of people walking their dogs but not too much foot traffic. Night walks not suggested because of low visibility and some high vehicle traffic by main roads"
    3
    Flag
  • Trulia User
    "farmers market, riding bikes, concerts in the park. music is played in the middle of town during the summee"
    0
    Flag
  • Trulia User
    "The people are amazing the community makes living there great. it feels like home. you don't have to lock your doors"
    0
    Flag
  • Trulia User
    "Lots of people walk their dogs, very few pick up after them and most couldn’t care less about leash laws. It is quite unfortunate considering Chico is home to so many parks."
    0
    Flag
  • Pennymac0
    "great mix of young families, retirees and large percentage of medical professionals. Neighbors tend to look out for each other."
    0
    Flag
  • Frankiekyahsilas
    "Small town with big city feel. This city reminds me of my hometown. Most people are friendly. The food is amazing. "
    0
    Flag
  • Joann.bettencourt
    "Block parties, pot lucks, tight knit community. Cul de sac where kids can run and play while parents socialize."
    1
    Flag
  • Bcso2340
    "Chico is a safe and friendly town with many things to do. great schools and lots of outdoor space for kids to grow and be entertained"
    0
    Flag
  • Bcso2340
    "great town great place to live and raise a family I love it this is a college town with a small town feel"
    0
    Flag
  • Nathan T.
    "Close enough to walk to CSU campus, downtown, Safeway, and coffee shop. Relatively quiet. “One Mile” is our backyard!"
    0
    Flag
  • Morgan L.
    "10 minute drive anywhere in town - 30 minutes to all neighboring towns, can pretty much ride bike or walk anywhere but homeless make doing that more and more dangerous "
    0
    Flag
  • Bree R.
    "The area is very quiet, the people are respectful, you don’t find too many disturbances, nor are there hardly any criminal activity around."
    0
    Flag
  • Cynthia M. P.
    "chico used to be great its kinda fallen apart though, but you can find locations that are really nice and you don't need to worry but there's also locations that are terrible and you don't want to live there "
    0
    Flag
  • Cynthia M. P. .
    "its a great neighborhood. lately its been dangerous but that is throughout all of chico so no biggie. "
    0
    Flag
  • Amy M.
    "We have witnessed some shady activity due to the nearby social services office building bringing a lot of poverty stricken people into the neighborhood and we have seen drug deals while driving around the neighborhood too. "
    0
    Flag
  • Priscilla A.
    "Love this area. It’s nice and quiet. I feel safe to let my kids run around outside. Very nice that the freeway is just none the street. "
    0
    Flag
  • Yes M.
    "Cars drive quickly through the neighborhood. So kids need to watch out. The neighborhood feels like the 50’s in how close ours neighbors our. There is a sense of community that it very hard to find. You could leave your front door unlocked and most likely no one would try to get in. It feels safe"
    0
    Flag
  • Paloma M.
    "Very safe, I lived here and didn’t lock my door ever ! (Probably not something I should do but I did!) family friendly and college frequently. It’s very quiet and getting to see all the puppies here is so fun! "
    0
    Flag
  • Jennifer M.
    "Biweekly famers markets being the community together. Also around Christmas time, there is a beautiful gathering with performances in the downtown plaza."
    0
    Flag
  • Priscilla A.
    "Homey neighborhood, lots of kids at play, park right down the street and a school as well 👌🏼 safe community"
    0
    Flag
  • Tina A.
    "We have neighborhood parks and very friendly neighbors. No special events. But I feel safe and I have a grandson that I can bring to my house and we walk and play around my neighborhood and feel safe and everyone is friendly and kind. "
    0
    Flag
  • Cjo_88
    "Almost all of my neighbors own dogs and often see them walking past my house or while walking my own dog. "
    0
    Flag
  • Adriana M.
    "Farmers markets! Locally owned restaurants! Local craft fairs! Bars! Events at the Women’s.Club! Bidwell Park!!"
    0
    Flag
  • Leighcardinal
    "Easy! Living in Chico and getting around is super great. I can leave my house 10min before I have to be to work. "
    0
    Flag
  • Kheithecker
    "This is a diverse neighborhood. The homes are old (1920s, 30s, 40s) and most owners have taken very good care of them. There are families and all ages of children but every home is not occupied by families with children."
    0
    Flag
  • Tommyross20
    "-Farmers market -Local restaurants and taco trucks are some of the best food you’ll eat. -Being close to chico state campus adds being able to have a gym close by. "
    0
    Flag
  • Cindijohansonrdh1
    "University events. Great restaurants, beautiful nationally known protected park. Fishing, water sports, 2 lakes nearby. Community businesses, Christmas events. "
    0
    Flag
  • Doug S.
    "i commute by bicycle. City has a boke path that takes you anywhere. The city has friendly a friendly public transportation system."
    0
    Flag
  • Mjstapleton
    "Gated, golf course, hiking trails, oak and pine trees, creeks, friendly neighbors. Gorgeous custom homes with beautiful landscaping and community parks."
    0
    Flag
  • Naudiavelasquez49
    "Walking your dog in a nice area there’s a lot of parks and trails to take in chico and there’s a dog park just for the doggies "
    0
    Flag
  • Logan D.
    "well there are a few stray cats on my street so that may be an issue but the park is only a 2 min walk away so that's a huge plus. "
    0
    Flag
  • Kelley J.
    "This is the first house I’ve lived in in Chico and its an adorable neighborhood ... close to great food and downtown "
    0
    Flag
  • Marcusonc
    "block parties, holiday get-togethers, outdoor films. close knit neighborhood. Many kids, clean and safe. "
    0
    Flag
  • Toshia M.
    "A bit too long. I drive about 40 minutes from chico to Orland. If I lived in chico city limits, the drive shouldn’t be more than 15 minutes. "
    0
    Flag

Market trends in Chico

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$473K
$15.83KMoM
Sale-to-List Price
100.0%
Price per sq ft
$302
$0MoM
Available listings
284
7MoM

Home Value

Trulia Estimate
$461K
Since last month
Increased$8K (+1.8%)
Since last year
Decreased$11K (-2.3%)
Since last sale
Increased$416K (+935.7%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +59% in the last 10 years
MonthEstimated value
2026
September 2026$461K
August 2026$451K
July 2026$453K
June 2026$454K
May 2026$459K
April 2026$471K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
996 E Eaton Rd, Chico, CA
0.12
Single-Family Home
$140,000
07/02/26
3
2
1,040
35 Jersey Brown Cir, Chico, CA
0.25
Single-Family Home
$451,000
03/26/26
3
2
1,534
3566 Hicks Ln, Chico, CA
0.90
Single-Family Home
$95,000
12/11/25
3
2
1,876
3019 Sandi Dr, Chico, CA
0.34
Single-Family Home
$430,000
12/03/25
3
2
1,356
978 Bertino Pl, Chico, CA
0.16
Single-Family Home
$478,000
10/21/25
3
2.5
1,547
951 Pico Pl, Chico, CA
0.17
Single-Family Home
$429,990
03/27/26
3
2.5
1,547

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
946 Eaton Rd, Chico, CA 95973
0.10
$379,500
3
2
1,167
Off Market
996 E Eaton Rd, Chico, CA 95973
0.12
$349,000
3
2
1,040
For Sale
964 Pico Pl, Chico, CA 95928
0.14
$468,990
4
2.5
1,811
Recently Sold
952 Pico Pl, Chico, CA 95973
0.14
$451,990
4
2.5
1,678
Recently Sold
881 Bertino Pl, Chico, CA 95973
0.16
$466,800
4
2.5
1,811
Off Market
978 Bertino Pl, Chico, CA 95973
0.16
$481,400
3
2.5
1,547
Off Market
959 Pico Pl, Chico, CA 95973
0.16
$462,000
4
2.5
1,811
Recently Sold
2996 Morseman Ave, Chico, CA 95973
0.16
$468,200
4
2.5
1,811
Off Market
3006 Morseman Ln, Chico, CA 95973
0.16
$461,200
4
2.5
1,811
Off Market
3018 Morseman Ave, Chico, CA 95973
0.16
$465,000
4
2.5
1,811
Off Market
3014 Morseman Ave, Chico, CA 95973
0.16
$426,600
3
2.5
1,547
Off Market

Price and Tax history

DateEventPrice
May 5, 2026
Source: CRMLS #SN26072141
PriceChange
$464,999
Price decreased by 2%
Apr 6, 2026
Source: CRMLS #SN26072141
Listed For Sale
$475,000
Aug 20, 2025
Source: SDMLS #SN25108306
ListingRemoved
$479,000
Jun 23, 2025
Source: SDMLS #SN25108306
Listed For Sale
$479,000
Oct 19, 1994
Source: N/A
Sold
$44,500

LGBTQ Local Legal Protections

Lea Johnson, Parkway Real Estate Co.
Agent Phone: (530) 961-2400
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-04 07:16:45 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Frequently asked questions about 3123 Michael Way

  • What is the estimated monthly payment for 3123 Michael Way?
    Based on a $464,999 list price with 20% down at today's rates, the estimated monthly payment for 3123 Michael Way in Chico, CA is approximately $2,935 (about $2,430 principal & interest, $430 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 3123 Michael Way compare to homes in Chico?
    3123 Michael Way in Chico, CA is listed at $464,999, about 2% below the $473K median sale price in Chico.
  • What do residents say about Chico?
    Residents describe Chico, CA as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in Chico, CA.
  • What are the closest schools to 3123 Michael Way?
    The closest schools to 3123 Michael Way in Chico, CA are Bidwell Junior High School (rated 6/10), Neal Dow Elementary School (rated 8/10), Pleasant Valley High School (rated 7/10).
  • Does 3123 Michael Way have air conditioning?
    Yes, 3123 Michael Way in Chico, CA has air conditioning.
  • Does 3123 Michael Way have laundry facilities?
    Yes, 3123 Michael Way in Chico, CA has in-unit laundry.
3123 Michael Way, Chico, CA 95973 is a 3 bedroom, 2 bathroom, 1,573 sqft single-family home built in 1971. This property is currently available for sale and was listed by CRMLS on Apr 6, 2026. The MLS # for this home is MLS# SN26072141.