5875 Paschal, Magalia, California 95954, Magalia, 95954 - 3 bed, 3 bath
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Magalia, California 95954
This Spacious Contemporary Homestead is listed at $499,000, offering a rare combination of privacy and utility on a 4.80-Acre Level Lot. While the interior maintains a Fair Condition Rating, the property features Significant Mechanical Upgrades including a newer roof, mini-split HVAC, and a Generac generator. The estate is fully equipped with Equestrian Infrastructure, Deeded Water Rights, and a Detached Shop, all within the Paradise Unified School District. This forested retreat is an ideal acquisition for Owner-Occupants or Equestrian Enthusiasts seeking a functional, high-acreage sanctuary.
Property is moderate renovation needed.
Built in 1990, this property is well-maintained and features significant recent mechanical upgrades including a newer roof, mini-split HVAC system, and a backup generator. However, the interior aesthetic remains largely dated, characterized by original oak kitchen cabinetry, 1990s-style polished stone entry tile, and older fluorescent light boxes. While move-in ready and structurally sound, the home requires cosmetic modernization to meet current design standards, fitting the 'Fair' criteria for an aged home with functional but outdated components.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 209088, living area = 2919.
The 4.8-acre level lot is fully perimeter-fenced for horses and includes rare deeded water rights from the PGE Centerville Canal, making it an ideal setup for a functional homestead.
The property is equipped with high-value improvements including a newer roof, new mini-split HVAC system, a Generac backup generator, and a detached shop with plumbed air lines.
While many systems are upgraded, the interior retains original 1990s elements that may require further capital investment to achieve a fully modern aesthetic.
A recent price reduction suggests the property is currently adjusting to find its competitive value within the specific rural Magalia market.
Fabulous Homestead on 4.80 Level Acres! Spacious contemporary home with storied windows to take in the forested surroundings. This home treats you to three generous sized bedrooms including a luxurious primary suite accented with marble tiled walk-in shower and a glorious jetted tub. Beautiful original hardwood flooring throughout the home, with many custom details, yet opportunity to update and add your own personal touches. Enjoy the centrally located wood burning fireplace that keeps this home nice and cozy. Recent upgrades include newer roof, new sliding doors and some windows. Also new mini-split heat and air, counter tops and updated lighting throughout the home. Property is perimeter fenced, set up for horses and is bordered by PGE Centerville Canal with deeded water rights. Property includes detached shop/garage with air compressor and plumbed lines, plus a Generac generator for any power outages.
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 | 79% |
| Square foot | 2,919 | 1,480 | 95% |
| Lot Size | 209,088 | 13,285.7 | 95% |
| Price | $499.0K | $276.5K | 93% |
| Price per sq ft | $171 | $179 | 43% |
| Built year | 1990 | 1988 | 52% |
| HOA | $0 | $278 | 41% |
| Days on market | 104 | 216 | 20% |
Mar 12, 2026
$499,000
Initial Listing
Jan 8, 2026
$525,000
Initial Listing
May 19, 2023
$412,500
Public Record
Mar 9, 2021
$291,000
Public Record