7012 State Highway 32
About This Property
Need two primary bedroom areas or space for a home-based business? The second primary area feels much like a small ADU and has successfully served as both a retail space and beauty shop for many years. Imagine the possibilities-multi-generational living, guest quarters, home office, studio, or small business space. A detached shop adds even more flexibility for projects, hobbies or storage.
Outside, mature landscaping and shade trees, a family fruit orchard, spacious yards, and a cross-fenced rear area create a wonderful place to enjoy the outdoors. There is room for your horse, 4-H animals, a garden, entertaining, or simply relaxing. The property borders a large pasture, adding to the peaceful feeling and privacy. Orland Irrigation District water provides an easy and economical way to keep everything watered.
Inside, one of the first things you notice when you step through the door is just how peaceful and quiet it feels. The home has a warm Mid-Century feel with inviting spaces for gathering and everyday living. The spacious kitchen offers abundant cabinetry and countertop space, updated appliances, and opens to the large dining area and welcoming living room. A cozy fireplace, built-in shelving, and charming bar area add character and functionality. Very spacious bedrooms, generous storage, and large walk-in closets add to the comfort.
Located on the east side of Orland, enjoy country-style living without giving up convenience. Chico is an easy drive away, Sacramento is approximately 99 miles south, and the Sacramento River and Black Butte Lake are nearby for fishing, boating, hunting, and enjoying the Northern California outdoors.
Come experience the space, peaceful setting, and possibilities this unique property has to offer. It may be exactly the lifestyle you've been looking for.
Buyer to verify lot size, square footage of home, year built, permitted uses, and all other information to their satisfaction.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | Price Decreased |
$425,000
↓ $24K
(5.2%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$448,500
↓ $21K
(4.4%) | |
| Price Decreased | |||
| Jun 11, 2026 | Price Decreased |
$469,000
↓ $16K
(3.3%) | |
| Price Decreased | |||
| May 6, 2026 | Listed by eXp Realty of Northern CA Inc | $485,000 | |
| Listed by eXp Realty of Northern CA Inc | |||
| Oct 30, 2025 | Price Decreased |
$545,000
↓ $40K
(6.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017