Prime Redding Opportunity - Great Candidate for a Renovation Loan! This 3-bedroom, 2-bathroom home offers 1,576 square feet of living space on a 0.50-acre lot in a desirable Redding location and is ready for your vision. With great bones and endless potential, this property is an excellent opportunity for first-time buyers looking to build equity or investors seeking their next project. The functional floor plan features a spacious living room with a cozy brick fireplace, a separate family/bonus room with its own fireplace, and a kitchen with ample cabinet storage. Outside, you'll find a detached garage/workshop with custom built-in shelving, offering excellent space for storage, hobbies, or the potential for an ADU conversion (buyer to verify). A large covered patio overlooks the expansive backyard, providing the perfect setting for future outdoor entertaining and landscaping. The home is being sold As-Is and needs cosmetic updates throughout, including flooring, kitchen, bathrooms, interior paint, and other improvements. The price reflects the property's current condition, creating an outstanding opportunity to personalize the home while adding immediate value. Whether you're an investor, contractor, or first-time buyer utilizing a renovation loan, this property offers incredible potential in a convenient Redding location. Don't miss the chance to transform this diamond in the rough into something truly special!
Single-familyProperty Type
1966Year Built
0.5 acresLot Size
$190Price/Sq.Ft.
2 car garageParking
Listed by Serina Lowden•DRE #01365745• All City Homes
Rancheria, located between the Sacramento River and Downtown Redding, is a residential and river-adjacent Redding neighborhood with a working-waterfront feel and a patchwork of older streets. The neighborhood’s character concentrates around the Cypress Avenue & South Market Street corridor, where small storefronts, service counters, and riverbound traffic set a practical, lived-in rhythm. Housing leans modest and established, with lots that open toward shade trees and back-fence views of industry and rail. The Sacramento River Trail and Turtle Bay Exploration Park frame daily routines with paths, gardens, and museum stops. The Sundial Bridge adds a clean, modern landmark against the river’s wide bend. Local anchors like Fall River Brewing Co., the Cascade Theatre, and the Redding Farmers Market keep culture and food close to the grid.
Provided by Walk Score and Local Logic
Offer insights
1942 Canyon Rd · $299,900
$303K and above
75% chance or better to win
Why $303K+ is a strong offer
DAYS ON MARKET
35 days
The average home goes pending in 31 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bedroom
Living
Interior features
One-story layout
Brick fireplace (1)
Living and dining areas in a combined configuration
Breakfast nook
Tile countertops in the kitchen
Bedrooms
3 bedrooms
Bathrooms
2 full bathrooms
Bathtub with shower over
Bathroom windows
Kitchen
Tile countertops
Laundry & utility
Laundry area located in the garage
Flooring
Carpet
Linoleum
Heating & cooling
Central heating
Central cooling
Fireplace heating
Other heating and cooling features
Exterior features
Half-acre lot (approx. 0.5 acre)
Lot has other unspecified features
No private pool or spa
Home design
Detached single-family residence
Built in 1966
Composition roof
Parking
Attached 2-car garage
Construction
Composition roof
Detached construction
Utilities
Public water
Public sewer
220-volt electric service
Cable available
Public district irrigation
HOA & community
No association
Electricity and solar
View estimated energy costs and solar savings for this home
This is a new listing, so no sales records exist yet. As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,734 (+295.0%)
$67,626 + $275,706
$343,332
2024
$945 (+2.2%)
$66,300 + $270,300
$336,600
2023
$925 (+3.4%)
$14,303 + $76,692
$90,995
2022
$895 (+1.1%)
$14,023 + $75,189
$89,212
2021
$885 (−0.8%)
$13,749 + $73,715
$87,464
2020
$892 (+4.8%)
$13,480 + $72,270
$85,750
2019
$851 (+1.7%)
$13,342 + $71,529
$84,871
2018
$837 (−0.1%)
$13,081 + $70,127
$83,208
2017
$838 (+8.1%)
$12,574 + $67,404
$79,978
2016
$775 (−0.1%)
$12,574 + $67,404
$79,978
2015
$776 (+2.6%)
$12,328 + $66,083
$78,411
2014
$756
$11,906 + $63,816
$75,722
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
0.5 Acres
Year renovated
—
Finished Sq. Ft.
1,576
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,576
Year built
1966
Style
Single Family Residential
County
Shasta County
APN
051010037000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 27, 2026.
RE 1
Residential Estate District
Provide areas that accommodate a desire to live on large parcels surrounded by open-space. Maintain a transition between agricultural and other rural uses and urban uses. Encourage clustered development with smaller lots in order to maintain open-space and to provide recreational opportunities.
Permitted uses
Include but are not limited to:
Day care facility
Housing-Single unit
Housing-Senior
Housing-Other
Infrastructure
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
6/10 Fire Factor
10% chance of being in a wildfire in next 30 years
8/10 Heat Factor
7 days above 105° expected this year, 16 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
33 unhealthy days expected this year, 38 days in 30 years
Provided by First Street
Historical weather
Redding, CA • 96001
Average low and high temperatures (°F)
63
42
61
43
71
49
73
50
85
60
95
68
97
71
98
71
92
67
79
57
62
48
56
43
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1942 Canyon Rd
$289,185
$11K under list price of $300K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $320K to $450K.