5864 Paschal, Magalia, California 95954, Magalia, 95954 - 3 bed, 3 bath
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Magalia, California 95954
This Spacious Residential Property is a Strong Value Opportunity, listed at $460,000—positioned well below the $502,351 Fair Market Value by 8%. This valuation gap offers $42,351 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new metal roof, new siding, and a 260 sqft studio. With 3 acres of level land and deeded water rights, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking self-sufficiency and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5864 Paschal Subject | $460,000* List Price | 3 | 3 | 2,021 | $249 | - |
A 15063 Vorheis Lane Sold | $450,000 | 3 | 3 | 2,004 | $225 | 0.6 mi |
B 5937 Fern Glenn Active | $469,000 List Price | 3 | 3 | 2,112 | $222 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1992, the property is in well-maintained, move-in ready condition due to extensive recent updates. Key improvements include a new metal roof and siding (2023), new LVP flooring (2020), and newer kitchen appliances (2019). While the kitchen cabinets and tile countertops are aesthetically dated, the structural and system updates (including a 2024 deck refresh) elevate the condition above 'Fair'.
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 = 2021.
The property boasts significant high-value upgrades including a new metal roof (2023), new siding (2023), and new deck railings and boards (2024), significantly reducing immediate maintenance concerns for a buyer.
In addition to the main residence, the property features a 260-square-foot studio with its own bathroom and climate control, plus massive covered parking options including a 3-car garage and multiple large carports.
The property saw a substantial $100,000 price reduction within days of listing, which may suggest initial overpricing or a rapidly shifting local market sentiment.
While well-maintained, the interior features 1990s-era oak cabinetry and tile countertops, which may require additional investment for buyers seeking a more contemporary or modern aesthetic.
As you enter this private and peaceful property on the paved circle driveway you will find a well maintained updated custom 3 bedroom home with 3 car garage and a 260 square foot studio with its own bathroom, newer mini split for heat n air and a 11 x 10 foot deck, large country kitchen with oak cabinets, pantry, skylights, tile countertops and newer appliances 2019, large living room with picture windows to look over the beautiful and level 3 acres, living room has vaulted wood ceilings, skylights and a woodstove that heats the whole house or use the central heat n air, Metal roof was installed in 2023, Arizona room also has vaulted wood ceilings and is 270 square feet. New LVP flooring installed in 2020, large master bedroom with large attic space above and a ceiling ladder to access for storage, enjoy the outdoors from a 45' and 8' foot deck that had new railings and deck boards installed in 2024 or sit under the covered patio that is 25' x 8' feet, new siding installed in 2023, indoor laundry with abundant oak storage cabinets and a washtub, plenty of covered parking - 22x24, 25x19 and a 40x20 carport, 13 x 7 shed, all bedrooms have ceiling fans, large fenced garden area, PGnE Centerville canal is just inside the westerly property line with deeded water rights, Starlink is used for internet access and can be transferred to buyer, average PGnE bill is $285 and propane around $65 a month, well house is 8'x8' and generator is included along with all appliances and washer n dryer
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 81% |
| Square foot | 2,021 | 1,546 | 92% |
| Lot Size | 130,680 | 12,632.2 | 94% |
| Price | $460.0K | $276.5K | 94% |
| Price per sq ft | $228 | $182 | 92% |
| Built year | 1992 | 1991 | 60% |
| HOA | $0 | $287 | 29% |
| Days on market | 18 | 243 | 2% |
May 31, 2026
$460,000
Initial Listing
May 28, 2026
$560,000
Initial Listing
Mar 20, 2019
$390,000
Public Record
Aug 15, 2001
$285,000
Public Record