14385 Holmwood, Magalia, California 95954, Magalia, 95954 - 3 bed, 3 bath
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Magalia, California 95954
This Spacious Residential Property represents a Strong Value Opportunity, listed at $450,000—positioned well below the $493,206 Fair Market Value by 8%. This valuation gap offers $43,206 in Instant Equity for the buyer. With a Fair Condition Rating, the home features a massive deck and a 1.3-acre lot, providing significant potential for cosmetic modernization. Located in the Paradise Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a private, wooded retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14385 Holmwood Subject | $450,000* List Price | 3 | 3 | 2,550 | $193 | - |
A 14213 Wycliff Sold | $472,770 | 3 | 2 | 2,247 | $210 | 0.9 mi |
B 6487 Perry Road Sold | $355,000 | 3 | 2 | 1,589 | $223 | 0.2 mi |
C 14599 Skyway Active | $395,000 List Price | 4 | 3 | 2,264 | $174 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2005, the property is 21 years old and falls into the 'Fair' category. While functional and move-in ready, the kitchen and bathrooms feature dated oak cabinetry and basic fiberglass inserts that need modernizing. The listing description 'make it your own' and visible minor maintenance needs like gutter cleaning and interior finishing suggest it requires updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 56628, living area = 2550.
The property sits on over 1.3 acres extending to a creek with no rear neighbors, offering rare privacy and a vast space for outdoor recreation.
Boasting 2,550 square feet and a massive main-level deck, the home is well-suited for large families and indoor-outdoor entertaining.
The current list price of $450,000 represents a substantial increase from its $275,000 sale in 2022, which may invite scrutiny regarding current market value.
Located in a heavily wooded area of Magalia, the property may be subject to high fire insurance premiums or difficulty securing traditional coverage.
Large lot on over an acre that runs to the creek. Gate for entry and security. Plenty of space to roam and play. Huge deck on the main level! No one on the back side as the lot goes till service road which is usually closed to traffic. Ideal for family and kids. Lots of windows for natural light. Come make oit your own!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,550 | 1,564 |
| Lot Size | 56,628 | 11,761 |
| Price | $450.0K | $286.2K |
| Price per sq ft | $176 | $177 |
| Built year | 2005 | 1999 |
| HOA | $0 | $305 |
| Days on market | 42 | 107 |
Jun 10, 2026
$450,000
Initial Listing
Jul 11, 2022
$275,000
Public Record
Mar 22, 2021
$400,000
Public Record
Aug 17, 2007
$390,000
Public Record
Apr 1, 2003
$27,500
Public Record