6337 Amherst Way, Magalia, California 95954, Magalia, 95954 - 5 bed, 4 bath
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Magalia, California 95954
This Dual-Unit Residential Estate represents a High-Potential Investment Opportunity, listed at $450,000—positioned well below the $437,135 Fair Market Value by -2.9%. Featuring a 2,590 SFT main home and a detached ADU, this property offers significant income potential with an existing tenant. While the Condition Rating of 4 indicates a need for cosmetic modernization, the expansive 30,056 SFT lot and access to HOA amenities provide immense value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6337 Amherst Way Subject | $450,000* List Price | 5 | 4 | 2,590 | $169 | - |
A 14243 Wycliff Way Active | $450,000 List Price | 4 | 4 | 3,222 | $140 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, the property is over 30 years old and remains largely dated with original oak cabinetry in the kitchen and bathrooms. While it features some recent updates like newer LVP flooring and stainless steel appliances, the overall aesthetic and systems reflect its age, requiring minor repairs and cosmetic modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 2590.
The property features a main residence plus a fully independent, detached ADU with its own address and driveway, currently generating $1,540 per month in rental income.
At approximately $173 per square foot for two stick-built homes, the property is priced significantly below the local Magalia average of $200-$300 per square foot.
The $560 association fee adds a consistent monthly carrying cost that must be factored into the overall budget alongside standard mortgage and tax obligations.
Managing two separate structures built in 1992 with a total of five bedrooms and four bathrooms increases the long-term liability for repairs, utility management, and system upgrades.
For decent stick-built homes, current prices in Magalia are $200 to $300 plus per Square Foot. This lot/parcel has the main home at 6337 Amherst Way with 3 bedrooms, 2 baths, and 2 car attached garage. At the back of this property is an independent guest house (or detached ADU) with its own address and concrete driveway at 14424 Wycliff Way consisting of 2 bedrooms, 2 baths, and attached 1 car garage. The two independent buildings combined consists of 2590 SFT of living space with 5 beds, 4 bath, 3 car garage and two concrete driveways on 30,056 SFT lot. Ideal for two family setups! So, you get 2 solid stick-built homes with this purchase! You occupy and enjoy the main house and collect rents from the guest house to pay for your mortgage/expenses/utilities! And the great thing is the guest house is currently rented at $1540 per month and tenant (a disabled veteran) would like to continue and Nations's Finest pays half of that rent and tenant pays the other half. Another great feature is that you get to use the HOA facilities that include swimming pool, bar, community hall, and weekly activities! That is called life in the forest community with peace and tranquility. Activities abound with DeSable Lake, Paradise Lake, HOA Facilities, fishing a short distance away, horseback riding trail access, off-road vehicle paths within a mile, and the tranquil beauty of tall trees and natural surroundings on your private estate!! Such opportunities do not show up often, so hurry to see the beauty and make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,590 | 1,564 |
| Lot Size | 30,056 | 11,761 |
| Price | $450.0K | $286.2K |
| Price per sq ft | $174 | $177 |
| Built year | 1992 | 1999 |
| HOA | $560.0 | $305 |
| Days on market | 42 | 107 |
Jun 10, 2026
$450,000
Initial Listing
Mar 26, 2021
$325,000
Public Record