14813 Masterson, Magalia, California 95954, Magalia, 95954 - 2 bed, 2 bath
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Magalia, California 95954
This property presents a High-Potential Investment Opportunity with a List Price of $155,000—positioned well below the $154,412 Fair Market Value (priced at market). Featuring a Fair Condition Rating, the home requires a full interior rehab to modernize its 1980s systems. The 1,000+ sq ft daylight basement and large 12,632 sq ft lot with RV parking provide significant value-add potential. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with scenic forest views and expansion capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14813 Masterson Subject | $155,000* List Price | 2 | 2 | 1,334 | $116 | - |
A 14765 Carnegie Road Sold | $155,000 | 3 | 2 | 1,458 | $106 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (45 years old) with no mentioned renovations to kitchens, baths, or major systems. The exterior shows significant debris and signs of neglect, suggesting the property likely requires a full interior rehab and updates to dated 1980s systems to meet safety and modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1334.
The property features over 1,000 sqft of daylight basement with multiple exterior entrances, offering a versatile space for a workshop, additional garage, or future living area expansion.
Situated on a spacious 12,632 sqft lot, the home includes dedicated RV parking with full hookups, a highly desirable and valuable feature for outdoor enthusiasts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12632, other record lot size in square feet = 11761.
Built in 1981, the home may require modern cosmetic updates or system upgrades to meet current buyer expectations and improve energy efficiency.
The $310 association fee adds a consistent monthly overhead cost that may impact the overall affordability for buyers in this entry-level price range.
CHECK OUT THIS OPPORTUNITY! There is not only a 2 bedroom, 2 bathroom home with 1,344 sq ft of living space, but there's also over 1,000 sq ft of daylight basement on a spacious lot. Guests are welcomed with a cozy covered front porch, and the floor plan has a nice flow with stunning forest views. Downstairs, a bright basement is accessible from the garage and has two exterior entrances. It presents a versatile space that could serve as a workshop, extra garage, or expansion opportunity. Outside, enjoy a concrete patio at ground level and a covered deck off the living room that showcases panoramic backyard views. RV parking with full hookups is also available. Don't miss this remarkable opportunity.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,334 | 1,564 |
| Lot Size | 12,632 | 11,761 |
| Price | $155.0K | $286.2K |
| Price per sq ft | $116 | $177 |
| Built year | 1981 | 1999 |
| HOA | $310.0 | $305 |
| Days on market | 21 | 107 |
Jul 1, 2026
$155,000
Initial Listing