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Sold for $603,000
  • Listing Provided by: Connect Real Estate Group
    Bought with: NONMEMBER MRML
    $603,000

    723 Madrone Way, Paradise, CA 95969

    4beds
    2,173sqft
    Single Family Residence
    Built in 2025
    0.72 Acres Lot
    $601,700 Zestimate®
    $277/sqft
    $2,847 Estimated rent

    Home value

    $601,700

    $572,000 - $632,000

    $2,847/mo

    Zestimate® history
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    What's special

    Curb appealMassive islandThree additional well-sized bedroomsBeautiful finishesGenerous walk-in closetPrivate toilet roomBright open living spaces
    Brand-new, beautifully designed, and nestled in a true neighborhood setting—723 Madrone is the kind of home buyers dream of finding in Paradise. Located on the desirable west side of town, this home sits just down the street from the beloved Bille Park and offers an easy drive to Skyway for effortless commuting. This 4-bedroom, 2-bath, 2,173 sq. ft. home is part of a newly developed, stick-built street by American Dream Construction—six high-quality new builds that create a cohesive, community feel while protecting long-term value. Inside, you’ll find a thoughtfully designed split floor plan with bright, open living spaces. The dining room sits at the front of the home and flows seamlessly into the show-stopping kitchen—complete with a massive island, a Z-Line 6-burner gas range with hood vent, beautiful finishes, extensive storage, and a layout perfect for entertaining. The kitchen opens to the main living area, where large windows flood the home with natural light and a charming fireplace creates a warm focal point. The primary suite is a true retreat, offering a spacious bedroom and a spa-inspired bathroom with dual vanities and linen storage, a soaking tub, a stunning walk-in shower with dual shower heads, a private toilet room, and a generous walk-in closet. On the opposite side of the home, you’ll find three additional well-sized bedrooms and a beautifully designed hall bath. Just off the kitchen is a convenient pantry, and entering from the 3-car garage brings you through a thoughtfully planned mud room/laundry room—the perfect space to drop shoes, coats, and backpacks without cluttering your living areas. Outside, enjoy the curb appeal and carefully landscaped front yard, plus a 3-car garage and behind-the-gate RV parking with easy access to the expansive backyard. The backyard is a blank canvas—ready for a pool, garden, patio, or anything you can dream up. Built by American Dream Construction, one of Paradise’s most trusted local builders, this home is fully wildfire-prepared with 5 feet of defensible space, non-combustible materials, Class A roofing, ember-resistant Vulcan vents, and more. It also includes an extended 18-month fit & finish warranty and OWNED solar for energy efficiency and peace of mind. Make this stunning new build your home just in time for Christmas!

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Jessica Williams DRE #02178946 530-591-0906,

    Connect Real Estate Group

    Bought with:

    Lacie Stumpf, DRE #02089445

    NONMEMBER MRML

    Source: CRMLS,MLS#: SN25264297MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Primary bedroom
    • Features: Main Level Primary
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathroom Exhaust Fan, Bathtub, Closet, Dual Sinks, Low Flow Plumbing Fixtures, Linen Closet, Multiple Shower Heads, Quartz Counters, Soaking Tub, Separate Shower
    Kitchen
    • Features: Built-in Trash/Recycling, Kitchen Island, Kitchen/Family Room Combo, Quartz Counters, Self-closing Cabinet Doors, Self-closing Drawers, Walk-In Pantry
    Other
    • Features: Walk-In Closet(s)
    Heating
    • Central, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: 6 Burner Stove, Dishwasher, Disposal, Gas Range, High Efficiency Water Heater, Range Hood
    • Laundry: Electric Dryer Hookup, Inside, Laundry Room
    Features
    • Tray Ceiling(s), Ceiling Fan(s), Separate/Formal Dining Room, Pantry, Quartz Counters, Recessed Lighting, Bedroom on Main Level, Main Level Primary, Primary Suite, Walk-In Closet(s)
    • Flooring: Vinyl
    • Windows: Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Electric, Living Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 2,173 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 7
    • Parking features: Concrete, Driveway Level, Driveway, Garage Faces Front, RV Gated
    • Attached garage spaces: 3
    • Uncovered spaces: 4
    Accessibility
    • Accessibility features: No Stairs, Accessible Hallway(s)
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Patio & porch: Rear Porch, Concrete, Covered, Front Porch, Patio
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Excellent Condition
    • Has view: Yes
    • View description: Neighborhood, Valley, Trees/Woods
    Lot
    • Size: 0.72 Acres
    • Features: Drip Irrigation/Bubblers, Front Yard, Sprinklers In Front, Lawn, Level, Rectangular Lot, Sprinklers Timer, Sprinkler System, Street Level
    Details
    • Parcel number: 051091012000
    • Special conditions: Standard
    • Horse amenities: Riding Trail

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Board & Batten Siding, Drywall, HardiPlank Type, Vertical Siding
    • Foundation: Slab
    • Roof: Asphalt,Composition,Shingle
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Electric: 220 Volts in Garage, 220 Volts in Laundry, Photovoltaics Seller Owned
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Not Available, Water Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
    Community
    • Community features: Biking, Dog Park, Fishing, Hiking, Horse Trails, Hunting, Lake, Mountainous, Park
    Location
    • Region: Paradise

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    1/9/2026Sold$603,000-0.3%$277/sqft
    Source: CRMLS #SN25264297 Report a problem
    12/5/2025Pending sale$605,000$278/sqft
    Source: CRMLS #SN25264297 Report a problem
    11/21/2025Listed for sale$605,000+1000%$278/sqft
    Source: CRMLS #SN25264297 Report a problem
    9/8/2023Sold$55,000+83.3%$25/sqft
    Source: Public Record Report a problem
    6/30/2020Sold$30,000-23.1%$14/sqft
    Source: CRMLS #OR20055144 Report a problem
    3/13/2020Listed for sale$39,000-80%$18/sqft
    Source: California Regional MLS #OR20055144 Report a problem
    5/19/2017Sold$195,000+2.7%$90/sqft
    Source: Public Record Report a problem
    3/31/2017Pending sale$189,900$87/sqft
    Source: Coldwell Banker Ponderosa Real Estate #PA17063949 Report a problem
    3/28/2017Listed for sale$189,900-4.1%$87/sqft
    Source: Coldwell Banker Ponderosa R. #PA17063949 Report a problem
    3/29/2007Sold$198,000+53.5%$91/sqft
    Source: Public Record Report a problem
    5/29/2002Sold$129,000+41%$59/sqft
    Source: Public Record Report a problem
    7/21/1998Sold$91,500$42/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,056 +14.6%$56,100 +2%
    2024$921 +135.6%$55,000 +74.4%
    2023$391 +1.8%$31,534 +2%
    2022$384 +1.9%$30,916 +2%
    2021$377 -8.6%$30,310 -13.4%
    2020$413 +14.5%$35,000 +16.7%
    2019$360 -74.6%$30,000 -84.9%
    2018$1,419 -32.3%$198,900 +2%
    2017$2,096 +22.9%$195,000 +21.9%
    2016$1,706 +13.7%$160,000 +6.7%
    2015$1,501 $150,000 +7.1%
    2014$1,501 $140,000 +12%
    2013-- $125,000
    2012-- $125,000 -16.7%
    2011-- $150,000
    2010-- $150,000 -11.8%
    2009-- $170,000 -15.8%
    2008-- $201,960 +42%
    2007-- $142,235 +2%
    2006-- $139,447 +2%
    2005-- $136,714 +2%
    2004-- $134,035 +1.9%
    2003-- $131,580 +35.5%
    2002-- $97,099 +2%
    2001-- $95,196

    Find assessor info on the county website

    Neighborhood: 95969

    Nearby schools

    GreatSchools rating
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