Nearing Completion!!!! SHASTINA RANCH UNIT 8- LOT 14!!!!!! Palomar Builders proudly presents a new opportunity in Shastina Ranch Unit 8--offering quality construction with premium craftsmanship and design. These 4-bedroom, 3-bathroom homes with spacious 3-car garages feature the highest standards and finishes tailored to your taste.
Single-familyProperty Type
2025Year Built
0.38 acresLot Size
$268Price/Sq.Ft.
3 car garageParking
Listed by Josh Barker•DRE #01277485• Josh Barker Real Estate
Listed by Lacie Manfredonia•DRE #02127477• Josh Barker Real Estate
Rancho, located between Lake Redding Park and the Sacramento River, is a residential and riverside Redding neighborhood with mid-century ranch homes and leafy streets. The neighborhood’s character concentrates around the Park Marina Drive and North Market Street corridor, where riverfront paths, marinas, and low-key local storefronts set the pace. Turtle Bay Exploration Park and the Sundial Bridge act as cultural anchors, pairing museum galleries with a signature river crossing. The River Trail threads through daily routines, linking parks, overlooks, and shaded stretches along the water. Architecture leans single-story and practical, with larger lots and mature landscaping. Outdoor recreation shapes the calendar, from paddle launches to sunset walks near the river bends.
Provided by Walk Score and Local Logic
Market insights
5553 Penrose Pkwy · $654,800
DAYS ON MARKET
479 days
The average home goes pending in 41 days.
SALE-TO-LIST
98.5%
Most homes are selling 1% below list price.
LIST PRICE
$654,800
Median list price in this area is $375,988. (43% lower than this home)
PRICE DROP
3 price drops
27% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Living
Bathrooms
Three full bathrooms
Kitchen
Pantry
Dishwasher
Disposal
Flooring
Laminate
Carpet
Heating & cooling
Forced-air heating
Cooling
Exterior features
View
Level city lot
Asphalt road surface
Home design
Single-family residence
Parking
Three-car garage
Oversized parking
Construction
Stucco construction
Composition roof
Slab foundation
Utilities
Public water
220-volt electric
Electricity and solar
View estimated energy costs and solar savings for this home
Install a solar photovoltaic system with a roof attachment system.
Electrical
Solar
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Historical weather
Redding, CA • 96002
Average low and high temperatures (°F)
62
40
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41
71
46
73
48
84
57
94
66
98
66
99
67
89
63
74
51
62
44
56
42
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
25/ 100
Low sunlight
Sunscore
There appears to be significant shading by surrounding buildings, terrain, and vegetation.
3.6 hrs
0.5 hr
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5553 Penrose Pkwy
$632,292
$23K under list price of $655K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $563K to $758K.