
Magalia, California 95954
Analysis of 45 Lakevista, Magalia, California 95954 is currently available with a list price of $3,200,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 2003, the property is described as completely remodeled and presents in mint condition. It features a high-end kitchen with premium appliances, updated luxury bathrooms with stone finishes, and modern infrastructure including a propane standby generator.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 233917, living area = 5240.
The property offers a rare 20-acre footprint, combining five professionally landscaped acres with 15 additional adjoining acres, providing unparalleled privacy and space.
Direct walking path access to the shoreline of Paradise Lake and stunning views of the water and surrounding woods create a unique, serene retreat lifestyle.
The $3.2 million list price is exceptionally high for the Magalia area, which may limit the pool of qualified buyers and extend the time on market.
Managing 20 acres of land and a large 5,000+ sqft residence requires significant ongoing labor and financial investment for landscaping and property upkeep.
Some homes give you a place to live. SERENITY gives you a place to exhale. Set on approximately five beautifully landscaped acres overlooking Paradise Lake, with approximately 15 additional adjoining acres included, this completely remodeled 5,000+ sq ft estate offers a rare combination of privacy, space and refined living. Inside, distinctive living and entertaining spaces, a beautifully appointed kitchen with premium appliances, striking fireplaces and high-speed internet make working from home feel more like a retreat than a routine. The residence is offered substantially furnished, allowing the next owner to step effortlessly into the Serenity lifestyle. This five-acre homesite is fully fenced with an automatic coded gate, surrounded by mature trees, extraordinary park-like landscaping and peaceful places to gather. Thoughtful infrastructure includes a propane standby generator serving both the residence and well, adding another layer of comfort and preparedness to this exceptional estate. Follow the walking path directly to the shoreline of quiet, non-motorized Paradise Lake. Whether Serenity becomes your full-time residence, second-home escape, family gathering place or private retreat, this is more than a property it is a lifestyle increasingly difficult to find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 2.9 |
| Baths | 6.0 | 2.1 |
| Square foot | 5,240 | 1,779.864 |
| Lot Size | 233,917.203 | 29,779.091 |
| Price | $3.20M | $318.9K |
| Price per sq ft | $611 | $183 |
| Built year | 2003 | 1989 |
| HOA | $0 | $310 |
| Days on market | 11 | 83 |
Aug 29, 2026
$3,200,000
Initial Listing
Mar 28, 2003
$1,300,000
Public Record