6402 Corning Court, Magalia, California 95954, Magalia, 95954 - 2 bed, 1 bath
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Magalia, California 95954
This Turnkey Single-Family Residence is a Prime Investment Opportunity listed at $229,000—positioned well below the $238,709 Fair Market Value by 4%. This valuation gap provides $9,709 in Instant Equity. Boasting a Condition Rating of 3, the home features a newer HVAC system, a Generac backup generator, and a private deck and patio on a spacious 1/3-acre cul-de-sac lot. Located within the Paradise Unified School District, this move-in-ready property offers both reliability and lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6402 Corning Court Subject | $199,950* List Price | 2 | 1 | 1,120 | $196 | - |
A 14093 Wingate Circle Sold | $210,000 | 2 | 2 | 1,149 | $183 | 0.5 mi |
B 6323 Juneau Court Sold | $230,000 | 3 | 2 | 1,549 | $148 | 0.2 mi |
C 14167 Creston Active | $247,000 List Price | 2 | 2 | 1,136 | $217 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained with significant functional upgrades, including a newer HVAC system, a Generac backup generator, and new stainless steel kitchen appliances. While the kitchen and bathroom retain some dated 1980s elements such as laminate countertops and fluorescent light boxes, the home has been refreshed with new interior paint, updated fixtures, and modern laminate flooring throughout, meeting the criteria for a well-maintained, functional residence.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 1120.
The property features a newer HVAC system and a Generac backup generator, providing exceptional reliability and climate control that are highly valued in the Magalia area.
With fresh interior paint, updated fixtures, and new appliances, this move-in-ready home allows buyers to avoid immediate renovation costs and effort.
The 2-bedroom, 1-bathroom configuration may limit the property's appeal to larger families or those requiring a dedicated home office space.
While well-maintained and updated, the 1980 build date implies that some original structural components may require the ongoing maintenance typical of a 40-year-old home.
Charming and move-in ready 2-bedroom, 1-bath home tucked away on a desirable cul-de-sac in Magalia. This well-maintained property features fresh interior paint, updated fixtures, new appliances and a newer HVAC system for year-round comfort. A Generac backup generator adds peace of mind and reliability. The home offers a functional layout with abundant natural light and a welcoming feel throughout. Situated on an approximately 1/3-acre lot, there’s plenty of space to enjoy the outdoors, garden, or entertain. The oversized lot also includes a 2-car garage and room for additional parking or storage. Located in a quiet, established neighborhood, this property is a great opportunity for both homeowners and investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 33% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 1,120 | 1,521.5 | 8% |
| Lot Size | 12,197 | 12,632 | 48% |
| Price | $199.9K | $272.4K | 13% |
| Price per sq ft | $179 | $180 | 50% |
| Built year | 1980 | 1991 | 33% |
| HOA | $310.0 | $294 | 52% |
| Days on market | 58 | 242 | 6% |
Jun 5, 2026
$199,950
$214,950
-7% Price Drop
Initial Listing
May 5, 2026
$214,950
$229,000
-6% Price Drop
Initial Listing
Apr 17, 2026
$229,000
Initial Listing
Jun 19, 2019
$200,000
Public Record
Nov 21, 2008
$105,000
Public Record
Mar 28, 2005
$194,500
Public Record
Jun 8, 2001
$89,000
Public Record