
Magalia, California 95954
This Multi-Generational Mountain Retreat is a High-Potential Investment Opportunity, listed at $389,000—positioned well below the $442,868 Fair Market Value by 12%. This valuation gap offers $53,868 in Instant Equity for the buyer. Featuring a 3.73-acre lot, private swimming pool, and versatile multi-level layout, the home maintains a Condition Rating of 4. While requiring modernization, the property’s infrastructure and acreage provide significant upside. This is an ideal acquisition for Owner-Occupants seeking lifestyle flexibility or Buy-and-Hold Investors targeting long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14915 Humbug Subject | $389,000* List Price | 3 | 4 | 3,266 | $136 | - |
A 14874 Nimshew Road Active | $449,000 List Price | 3 | 2 | 3,033 | $148 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979, this 47-year-old home shows a mix of partial updates and original dated features. While the main living areas have been refreshed with modern wood-look flooring and paint, other sections retain original wood paneling and older carpeting. The age of the structure and systems suggests a need for further modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 162478, living area = 3266.
The 3,266-square-foot multi-level design functions effectively as two separate homes, providing exceptional flexibility for multi-generational living, guest quarters, or a dedicated home-based business.
Set on 3.73 forested acres, the property features a private swimming pool, expansive treehouse-style decking, and significant horse property potential, offering a rare blend of recreation and privacy.
Located in a heavily forested area of Upper Magalia, the property likely faces high fire insurance premiums and requires ongoing vegetation management to maintain defensible space.
Built in 1979, the home may require significant capital investment to modernize original systems, improve energy efficiency, and update cosmetic finishes to contemporary standards.
Mountain Retreat on 3.73 Acres in Coveted Upper Magalia Tucked among the towering pines of Upper Magalia, this exceptional mountain retreat offers the perfect blend of privacy, flexibility, and outdoor living. Situated on 3.73 acres of peaceful forested beauty, this impressive 3,266-square-foot home features 3 bedrooms, 4 bathrooms, and a unique multi-level design that lives almost like two separate homes—ideal for multi-generational living, extended guests, a home-based business, or dedicated work-from-home space. Inside, you'll find spacious living areas and versatile flex space that can easily serve as a home office, yoga or fitness room, hobby area, or creative studio, allowing the home to adapt to your lifestyle. A dedicated laundry room adds everyday convenience, while generator wiring provides peace of mind and added functionality. Large windows invite the outdoors in, while the expansive deck provides a true treehouse-like experience overlooking the surrounding natural landscape. Whether enjoying your morning coffee among the treetops or entertaining friends and family, you'll appreciate the tranquil setting and stunning forest views. During the warmer months, the beautiful swimming pool becomes your own private oasis, perfect for relaxing and creating lasting memories. The property is thoughtfully equipped with a gated entrance, private well, attached two-car garage, workshop/garden shed, and an additional outbuilding offering even more storage, workspace, or future possibilities. There is ample room for RVs, boats, trailers, and recreational equipment, along with excellent horse property potential and space for a detached shop, ADU, or other future improvements. Located just minutes from lakes, rivers, hiking and biking trails, and countless outdoor recreation opportunities, this property offers the mountain lifestyle that makes the Paradise and Magalia area so desirable. Whether you're seeking a full-time residence, a peaceful mountain getaway, or a property with room to grow and endless possibilities, this one-of-a-kind retreat delivers. Rarely does a property combine this much space, privacy, versatility, and natural beauty in such a sought-after location. Experience the serenity, recreation, and freedom of mountain living while still enjoying the comforts and conveniences of a well-equipped home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 4.0 | 2.1 |
| Square foot | 3,266 | 1,779.864 |
| Lot Size | 162,478.797 | 29,779.091 |
| Price | $389.0K | $318.9K |
| Price per sq ft | $119 | $183 |
| Built year | 1979 | 1989 |
| HOA | $0 | $310 |
| Days on market | 6 | 83 |
Sep 3, 2026
$389,000
Initial Listing
Jan 9, 2009
$260,500
Public Record