
Magalia, California 95954
This property presents a High-Potential Investment Opportunity with a List Price of $125,000, positioned at its $125,000 Fair Market Value. While requiring a cash purchase due to its Condition Rating of 5, the home offers significant value-add potential through its 1,656 square feet of living space and a generous 0.32-acre lot. Featuring a unique vaulted beam-ceiling great room and mountain views, this asset is primed for a full renovation. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14492 Carnegie Road Subject | $125,000* List Price | 3 | 3 | 1,656 | $75 | - |
A 14762 Masterson Active | $94,999 List Price | 3 | 2 | 1,098 | $87 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 (46 years old), this property is explicitly marketed as a 'true fixer' requiring a cash purchase. The kitchen and bathrooms feature original or highly dated cabinetry and appliances, and the overall structure requires a full renovation to address significant deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13939, living area = 1656.
The home features a unique layout with vaulted beam ceilings, a wood stove, and a balcony-style hallway, providing a charming mountain aesthetic and an open, airy feel.
Situated on a spacious 0.32-acre lot, the property offers a peaceful mountain setting with scenic views of trees and woods, ideal for outdoor living and gardening.
As a 'true fixer' requiring a cash purchase, the property is ineligible for traditional financing, limiting the pool of potential buyers to those with immediate liquid capital.
The home requires substantial repairs and vision to be habitable, which may involve significant additional investment beyond the initial purchase price.
Opportunity Awaits in Magalia! Looking for your next renovation project? This 3-bedroom, 2-bath home offers 1,656 square feet of living space on a spacious .32-acre lot and is ready for someone with vision to bring it back to life. The home's unique layout features a vaulted, beam-ceiling great room with a wood stove, creating a warm focal point and an open feel. The kitchen offers generous cabinet space, room for bar seating, and flows into the dining area. Additional features include indoor laundry, central HVAC, ceiling fans, and an attached 2-car garage. Upstairs, a balcony-style hallway overlooks the main living area, adding architectural character. Downstairs, an additional room and half bath with exterior access provide flexible space that could serve a variety of future uses. Outside, the oversized lot offers room to create gardens, outdoor entertaining areas, or simply enjoy the peaceful mountain setting. This property is a true fixer and will require a cash purchase. The home is now vacant, making it easy to envision your plans for the space. If you're an investor, contractor, or buyer looking for a project with potential, this could be the opportunity you've been waiting for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 3.0 | 2.1 |
| Square foot | 1,656 | 1,779.864 |
| Lot Size | 13,939 | 29,779.091 |
| Price | $125.0K | $318.9K |
| Price per sq ft | $75 | $183 |
| Built year | 1978 | 1989 |
| HOA | $235.0 | $310 |
| Days on market | 365 | 83 |
Aug 7, 2026
$125,000
$199,000
-37% Price Drop
Initial Listing
Sep 9, 2025
$199,000
Initial Listing