
Corona, California 92883
Analysis of 11111 Spanish Hills, Corona, California 92883 is currently available with a list price of $1,350,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is move-in ready and shows evidence of pride of ownership with significant recent updates, including a brand-new HVAC system and modern laminate flooring throughout the main living areas. While the kitchen features dated oak cabinetry and laminate countertops, the appliances are functional and the space includes updated recessed lighting. The inclusion of a well-maintained detached ADU and the recent upgrades to major systems like the private well further support a 'good' condition rating despite the 1978 build year.
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 = 3415.
The property features a main residence plus a fully detached 1-bedroom ADU with its own kitchen and private driveway, offering excellent flexibility for rental income or extended family.
Spanning nearly 5 acres across two separate parcels, this rare offering provides exceptional privacy and significant long-term investment or development flexibility in the 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 = 3415, other record living area = 2415. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property relies on a private water well and propane hookups rather than municipal services, which may require more specialized maintenance and oversight from the owner.
Originally built in 1978, the scale of the acreage combined with multiple aging structures may necessitate a substantial ongoing budget for maintenance and modernization.
Rare opportunity on nearly 5 acres in the desirable Spanish Hills area of Corona. This unique property has two separate APNs and offers exceptional flexibility for residential living, business use, or a multi-generational setup. Set back from the street and surrounded by open land, the property provides a high level of privacy with a quiet, secluded feel. The main residence features 3 bedrooms, 2.5 bathrooms, an oversized den, and a wrap-around balcony that takes advantage of the surrounding views and open space. The detached 1-bedroom, 1-bath ADU includes its own living area and kitchen, along with a private driveway and dedicated parking, making it ideal for extended family, guests, or rental income. The property has multiple parking locations with a roundabout driveway and a converted 10-car garage currently utilized as functional workspace, along with two additional detached buildings that have been converted into workspaces, offering flexibility for office use, storage, creative studios, or other business operations. The land offer plenty of room to expand or to use for vehicles, equipment, animals, or recreational use, with a dedicated RV parking and utility hookups already in place. The property also includes propane hookups and a private water well (recently upgraded), 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, functionality, and long-term growth opportunity in a private Corona location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 3,415 | 2,138 | 87% |
| Lot Size | 214,751 | 6,098 | 100% |
| Price | $1.35M | $735.0K | 97% |
| Price per sq ft | $395 | $351 | 70% |
| Built year | 1978 | 2004 | 1% |
| HOA | $0 | $120 | 2% |
| Days on market | 16 | 182 | 0% |
Apr 6, 2026
$1,350,000
Initial Listing
Dec 17, 2021
$850,000
Public Record
Sep 28, 2001
$310,000
Public Record