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15989 Katydid, Magalia, CA 95954

$550K3bd · 4ba · 3,050 sqft
Lot 1,812,532 sqft•Single Family Residence•
Active
•179d on market•MLS# SN-26083981

Property Description

Nestled in the forested hills above De Sabla, 15989 Katydid Ln offers a rare opportunity to own a true mountain homestead on over 40 acres with expansive views and direct access to surrounding timberland. Bordering both US Forest Service land and Sierra Pacific Industries land, this property provides a private, peaceful setting with panoramic forest views, along with sunrise and sunset vistas from the elevated homesite overlooking the Butte Creek canyon and valley beyond. The home features a spacious layout with two separate living areas, ideal for flexible living. The main level includes a primary suite downstairs, while an additional upstairs primary suite offers elevated views of the surrounding forest and ridgelines. Large windows throughout the home bring in natural light and showcase the natural beauty of the property from nearly every room. There is an attached garage and a large detached shop, along with a generous laydown area/wood yard offering ample space for equipment, storage, or contractor-type use. The home features two wood-burning fireplaces, with an additional fireplace located in the detached shop, adding to the functional and rustic appeal. Designed for those seeking a rural lifestyle, the acreage provides ample space for animals, gardening, and other homestead uses, with multiple potential lookout points and areas to explore. The setting offers a balance of seclusion and accessibility, located approximately 15 minutes to local grocery and services and about 20 minutes to Paradise. Outdoor recreation is a major highlight of this location, with nearby access to Paradise Lake, Butte Creek, and The Forks of the Butte Recreation Area, including trailheads leading out to Doe Mill Ridge for hiking, biking, and off-road exploration. The historic flume system also offers additional opportunities for walking and exploring. The surrounding region is well known for fishing, hunting, hiking, and year-round outdoor recreation. This property presents a unique opportunity to enjoy a private mountain setting with direct access to nature, while still remaining within a reasonable distance to everyday conveniences.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
4
Heating
Central
Cooling
Central Air
View
Bluff, Canyon, Mountain(s), Panoramic, River
Flooring
Laminate, Tile
Roof
Composition
City
Magalia
Zip Code
95954
County
Butte
Listed byReal Broker, Douglas Speicher

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

15989 Katydid, Magalia, CA 95954

Magalia · Single Family Residence

$550K
Luxury Tier
Beds
3
Baths
4
Sqft
3,050
Lot
41.61 ac
Year
1983
$/Sqft
$180
Pool: No✓
Spa: No✓
View: city✓
Garage: 4-car✓

Listed 25.3% above the median closed sale of $439,000. Price per sqft ($180) is a 12% premium to closed comps ($160). Closed comps sold at 103% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $550K· $180/sqft
Total list price
Closed comps
vs closed median $439K
+$111K (+25.3%)
Active comps
vs active median $440K
+$110K (+25.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $154
+$26 (+17.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5855 TikaMagalia2008332,5161,751,548$288$725,00015269
14874 Nimshew RoadMagalia1985323,033130,680$148$449,0006054
14243 WycliffMagalia1987443,22232,670$109$350,000054
14385 HolmwoodMagalia2005332,55056,628$173$440,00012249
6652 IshiMagalia2025222,97322,216$50$149,9001845
Total: 5 · Average3.02.82,858.8398,748.4$153.6$422,78070.4
Median2,973$440,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
14915 HumbugMagalia197910/08/2026343,266162,478$389,000$391,500$1201.013458
14911 NimshewMagalia199209/22/2026342,493400,752$449,900$520,000$2091.165257
5875 PaschalMagalia199009/18/2026332,919209,088$439,000$439,000$1501.004257
16196 SkywayMagalia197408/03/2026232,645225,205$449,000$449,000$1701.003951
13424 Adrian DriveMagalia199307/02/2026332,64428,750$399,000$405,000$1531.014651
Total: 5 · Average2.83.42,793.4205,254.6$440,900$440,900$160.4—42.6
Median2,645$439,000$439,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.