3123 Michael Way, Chico, CA 95973
Property image
Property image
FOR SALE
1.52 ACRES
Listed by Lea Johnson, Parkway Real Estate Co., (530) 592-3432

3123 Michael Way
Chico, CA 95973

  • 3 Beds
  • 2 Baths
  • 1,573 sqft (on 1.52 acres)

$464,999

Original price: $475,000
Est. Mortgage $2,864/mo*

$464,999

Original price: $475,000
Est. Mortgage $2,864/mo*
3 Beds
2 Baths
1,573 sqft
(on 1.52 acres)
We estimate this home will sell faster than 87% nearby.

Home Highlights

Parking
2 Car Garage
Outdoor
Patio
Climate Control
Heating & Cooling
HOA
None
Price/Sqft
$296
Listed
109 days ago

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: 109

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
Last check for updates: about 6 hours ago
Listing Provided by: Lea Johnson DRE #01975421, (530) 961-2400
Parkway Real Estate Co.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SN26072141
Also Listed on CRMLS.

Market trends in Chico

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$457K
$5.17K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$302
$3
MoM
Available listings
276
5
MoM

Price History for 3123 Michael Way

DatePriceEventSource
05/05/2026$464,999PriceChange
CRMLS #SN26072141
04/06/2026$475,000Listed For SaleCRMLS #SN26072141
08/20/2025$479,000ListingRemovedSDMLS #SN25108306
06/23/2025$479,000Listed For SaleSDMLS #SN25108306
10/19/1994$44,500Sold
N/A

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Property Tax and Assessment

Year2025
Tax$2,496
Assessment$221,685
Home facts updated by county records

Comparable Sales for 3123 Michael Way

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$451,000
03/26/26
3
2
1,534
0.90
Single-Family Home
$95,000
12/11/25
3
2
1,876
0.34
Single-Family Home
$430,000
12/03/25
3
2
1,356
0.16
Single-Family Home
$478,000
10/21/25
3
2.5
1,547
0.17
Single-Family Home
$429,990
03/27/26
3
2.5
1,547
0.18
Single-Family Home
$434,990
03/06/26
3
2.5
1,547
0.19
Single-Family Home
$430,990
03/16/26
3
2.5
1,547
0.19
Single-Family Home
$434,990
06/24/26
3
2.5
1,547

Nearby homes

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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

  • 74 % 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.

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 2026-07-24 10:18:52 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
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.