ActiveResidential · sale

5386 Royal Oaks

Oroville, CA 95966

$485,000

  • 3 beds
  • 3 baths
  • 2,222 sq ft
  • 0.17 acres
  • Built 1979

Listed by eXp Realty of California Inc · MLS #OR26056527

5386 Royal Oaks, Oroville, CA 95966 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1979.

Garage parking

2 garage spaces listed.

Property size

0.17 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

NOW OFFERED AT AN INCREDIBLE NEW PRICE Wake up to lake views enjoy stunning sunrise and sunset views from your deck and be just minutes from the boat launch This spacious home features just over 2200 square feet with 3 bedrooms and 3 bathrooms and has been thoughtfully updated in recent years with a new roof siding windows and modern fixtures As an added bonus the home is being offered fully furnished making it a wonderful opportunity for a fulltime residence vacation home or turnkey retreat near the lake The main living areas of the home capture beautiful views of Lake Oroville the iconic Green Bridge and the surrounding foothills An expansive wood deck extends the living space outdoors creating the perfect setting for relaxing or entertaining while taking in the scenery The covered deck offers shade and protection from the elements for yearround enjoyment Step inside to an inviting openconcept living area with vaulted ceilings creating a bright and airy space perfect for everyday living and entertaining The large kitchen offers tile countertops stainless steel appliances and ample cabinet storage Adjacent to the kitchen is a unique bar area which adds character and creates a fun space for entertainingThe home also features a convenient elevator for easy access between levels A large garage provides plenty of room for multiple vehicles or room for working on your hobbies In the garage there is also a separate storage room which provides an ideal space for a wine cellar or additional storageOutside enjoy the propertys mature lemon and grapefruit trees adding charm and the opportunity for fresh citrus right from your yard All of this paired with the peaceful setting and scenic views makes this home a wonderful place to relax and enjoy lake living Call your Realtor today to see it in person
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THE NEIGHBORHOOD

Explore the location.

5386 Royal Oaks, Oroville, CA 95966

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1979
Full baths
3
Half baths
0
Garage spaces
2
Cooling
CentralAir
Heating
Central
Pool
No
Pool features
None
Parcel
069290005000
HOA
Kelly Ridge Estates Owners’ Association
HOA amenities
CallForRules
HOA fee frequency
Annually
HOA fee
$37.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$2,020.83
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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5386 Royal Oaks, Oroville, CA 95966 · MLS #OR26056527

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Listing information

MLS #OR26056527 · California Regional MLS

Listing brokerage: eXp Realty of California Inc
Listing agent: Marissa Hallen

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

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 © 2023 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. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.