
Magalia, California 95954
Analysis of 15989 Katydid, Magalia, California 95954 is currently available with a list price of $550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Magalia Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1983 (41 years old), the home shows partial updates including a renovated kitchen with modern grey cabinetry and stone countertops. However, much of the interior remains dated with 1980s-style wood paneling and older tile flooring in bedrooms, indicating a need for further cosmetic modernization and likely system updates due to the property's age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 1812532, living area = 3050.
Spanning over 40 acres and bordering US Forest Service and Sierra Pacific land, this property offers unmatched seclusion and direct access to vast timberlands for a true homestead experience.
The 3,050 sqft layout includes dual primary suites and a large detached shop with its own fireplace, providing excellent utility for multi-generational living or professional contractor needs.
The property has been on the market for over 100 days and required a significant $75,000 price reduction, suggesting potential challenges with its niche appeal or initial valuation.
Built in 1983, the aging structure and massive 40-acre forested lot require substantial ongoing labor and costs for upkeep, fire clearance, and rural infrastructure management.
Nestled in the forested hills above De Sabla, 15989 Katydid Ln offers a rare opportunity to own a true mountain homestead on over 40 acres with expansive views and direct access to surrounding timberland. Bordering both US Forest Service land and Sierra Pacific Industries land, this property provides a private, peaceful setting with panoramic forest views, along with sunrise and sunset vistas from the elevated homesite overlooking the Butte Creek canyon and valley beyond. The home features a spacious layout with two separate living areas, ideal for flexible living. The main level includes a primary suite downstairs, while an additional upstairs primary suite offers elevated views of the surrounding forest and ridgelines. Large windows throughout the home bring in natural light and showcase the natural beauty of the property from nearly every room. There is an attached garage and a large detached shop, along with a generous laydown area/wood yard offering ample space for equipment, storage, or contractor-type use. The home features two wood-burning fireplaces, with an additional fireplace located in the detached shop, adding to the functional and rustic appeal. Designed for those seeking a rural lifestyle, the acreage provides ample space for animals, gardening, and other homestead uses, with multiple potential lookout points and areas to explore. The setting offers a balance of seclusion and accessibility, located approximately 15 minutes to local grocery and services and about 20 minutes to Paradise. Outdoor recreation is a major highlight of this location, with nearby access to Paradise Lake, Butte Creek, and The Forks of the Butte Recreation Area, including trailheads leading out to Doe Mill Ridge for hiking, biking, and off-road exploration. The historic flume system also offers additional opportunities for walking and exploring. The surrounding region is well known for fishing, hunting, hiking, and year-round outdoor recreation. This property presents a unique opportunity to enjoy a private mountain setting with direct access to nature, while still remaining within a reasonable distance to everyday conveniences.
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 | 3,050 | 1,779.864 |
| Lot Size | 1,812,532 | 29,779.091 |
| Price | $550.0K | $318.9K |
| Price per sq ft | $180 | $183 |
| Built year | 1983 | 1989 |
| HOA | $0 | $310 |
| Days on market | 144 | 83 |
Aug 5, 2026
$550,000
$625,000
-12% Price Drop
Initial Listing
Apr 18, 2026
$625,000
Initial Listing
Feb 22, 2023
$625,000
Public Record
Apr 10, 2014
$400,000
Public Record
Apr 20, 2012
$225,000
Public Record