
Corona, California 92883
Analysis of 11111 Spanish Hills, Corona, California 92883 is currently available with a list price of $1,250,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Corona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1978, the property is well-maintained but largely dated. While it features a brand-new HVAC system and one modern renovated bathroom, the kitchen and secondary bathrooms are over 20 years old with oak cabinetry and laminate countertops. The presence of popcorn ceilings and older exterior surfaces confirms it needs cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 214751, living area = 4500.
With a main residence, a detached ADU, and multiple converted workspaces across two separate parcels, this property offers exceptional potential for rental income, multi-generational living, or diverse business operations.
Situated on nearly 5 acres of RA5-zoned land, the property provides rare privacy and ample space for livestock, heavy equipment, or further development in the highly sought-after Spanish Hills area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =214751, other record lot size in square feet = 169012. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4500, other record living area = 2415.
The current configuration as a kennel and dog training facility, including a converted 10-car garage, may require significant capital investment for buyers wishing to revert the structures back to traditional residential or automotive use.
Built in 1978, the scale of this multi-structure estate combined with its reliance on a private well system suggests higher-than-average long-term maintenance demands and the potential need for cosmetic modernization.
**Seller is willing to consider buyer concessions that may be applied toward closing costs and/or an interest rate buydown, subject to offer terms. Rare opportunity on nearly 5 acres in the highly sought-after Spanish Hills area of Corona. This unique property includes two separate APNs and is zoned RA5, offering incredible flexibility for residential living, business use, or a multi-generational setup. Set back from the street and surrounded by open land, the property delivers a high level of privacy with a quiet, secluded feel. The property features a main residence, detached ADU, two workshops, and a converted garage. Currently operating as a kennel and dog training facility, it offers plenty of space and versatility for a variety of business. The main home includes 3 bedrooms, 2.5 bathrooms, an oversized den, and a wrap-around balcony that takes full advantage of the surrounding views. The detached 1-bedroom, 1-bath ADU has its own living space, kitchen, private driveway, and dedicated parking, ideal for extended family, guests, or rental income. A roundabout driveway provides access to multiple parking areas, including a converted 10-car garage now used as functional workspace. Two additional detached structures have been converted into workspaces, suitable for offices, storage, creative use, or other operations. The land offers ample room for expansion, vehicles, equipment, animals, or recreational use. RV parking with utility hookups is already in place. Additional features include propane hookups, a recently upgraded private water well, and a brand-new A/C and heating system. With two parcels, nearly 5 acres of usable land, multiple structures, and a private setting, this property presents a rare combination of space, flexibility, and long-term potential in one of Corona’s most desirable areas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 0% |
| Baths | 0.0 | 3.0 | 0% |
| Square foot | 4,500 | 2,176 | 99% |
| Lot Size | 214,751 | 6,534 | 100% |
| Price | $1.25M | $736.7K | 95% |
| Price per sq ft | $278 | $355 | 8% |
| Built year | 1978 | 2004 | 1% |
| HOA | $0 | $120 | 2% |
| Days on market | 37 | 170 | 3% |
Apr 30, 2026
$1,250,000
Initial Listing
Dec 17, 2021
$850,000
Public Record
Sep 28, 2001
$310,000
Public Record