
Magalia, California 95954
This 3-acre High-Potential Investment Opportunity is listed at $449,000, positioned well below the $419,288 Fair Market Value by -7%. While the property requires a cosmetic overhaul due to its Fair Condition Rating, the expansive lot, newer HVAC systems, and versatile outbuildings provide a solid foundation for value-add projects. The large floor plan and convertible office space offer significant upside for those looking to modernize the interior. This property is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project with substantial acreage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14874 Nimshew Road Subject | $449,000* List Price | 3 | 2 | 3,033 | $138 | - |
A 14915 Humbug Active | $399,000 List Price | 3 | 4 | 3,266 | $122 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (39 years old), the property falls into the >30y category. While the HVAC systems are newer, the kitchen and bathrooms feature original 1980s finishes including patterned linoleum, dated wood cabinetry, and wood paneling throughout, necessitating a major cosmetic rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 130680, living area = 3033.
The 3-acre fully fenced lot is a standout feature, offering a workshop, RV hookups, and multiple specialized outbuildings perfect for hobbyists or equipment storage.
At over 3,000 square feet for under $450,000, this property provides a significant amount of living space, including a dedicated pool room and a large convertible office.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The presence of 1980s-era parquet, patterned linoleum, and mixed flooring suggests the home may require a cosmetic overhaul to meet modern aesthetic standards.
Despite the large square footage, the home only offers two formal bedrooms upstairs, which may limit its appeal to larger families requiring more traditional sleeping quarters.
Welcome to your private 3-acre retreat in Magalia, CA. This 3,000+ sqft home built in 1985 is fully fenced on the perimeter and features a separately fenced garden area with mature oaks, towering pines, and fruit trees. The estate is on a public water, and the septic system was recently pumped. Climate control is managed by two separate, newer forced-air units. Inside, you will find wood flooring in the family room and office, traditional parquet in the entryway, patterned linoleum in the kitchen, and nice carpet in the bedrooms and living room.The floor plan includes a formal living room, formal dining room, and an expansive office that can easily serve as a third bedroom. A private balcony connects the two main bedrooms upstairs. The ultimate highlight is the dedicated pool room—and the pool table comes with the property! Kitchen appliances are included (refrigerator excluded).Outside, the property is a true workhorse. It features a 2-car garage with a built-in workshop, multiple outbuildings for tool and wood storage, a covered pavilion for a tractor or 4-wheeler, and an RV hookup area. Whether storing toys, running a workshop, or gardening, this country estate. Home Facts • - Location: Magalia, CA • - Acreage: 3 acres of expansive, private lot space • - Landscaping: Mature oaks, towering pines, and fruit trees • - Security & Fencing: Fully fenced perimeter with a separately fenced-off garden area • - Living Area & Year: 3,000+ square feet of living space built in 1985 • - Utilities: Private well water and a recently pumped septic system • - Flooring: Wood flooring (family room/office), parquet (entry), patterned linoleum (kitchen), nice carpet (living/bedrooms) • - Kitchen: Kitchen appliances included (refrigerator excluded) • - Climate Control: Forced air with two separate, newer heating and cooling units • - Bedrooms: 2 large bedrooms plus a private connecting balcony • - Office: Large dedicated office easily convertible into a 3rd bedroom • - Living Spaces: Formal living room and formal dining room • - Bonus Room: Dedicated pool room including the pool table • -Parking: 2-car garage with a built-in workshop • -RV Ready: Dedicated area with RV hookup • -Equipment Storage: Covered storage area for a tractor or 4-wheeler • -Outbuildings: Several specialized structures for tool and wood storage
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 2.0 | 2.1 |
| Square foot | 3,033 | 1,779.864 |
| Lot Size | 130,680 | 29,779.091 |
| Price | $449.0K | $318.9K |
| Price per sq ft | $148 | $183 |
| Built year | 1985 | 1989 |
| HOA | $0 | $310 |
| Days on market | 29 | 83 |
Aug 11, 2026
$449,000
Initial Listing
Jan 8, 2010
$255,000
Public Record
Jun 30, 2003
$290,000
Public Record