11112 Ilama Court, Corona, California 92883, Corona, 92883 - 4 bed, 3 bath
11112 Ilama Court
Corona, California 92883
Property Price
SUMMARY
Analysis of 11112 Ilama Court, Corona, California 92883 reveals a Fairly Priced Property with a current list price of $825,000 aligned with the estimated $849,999 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11112 Ilama Court Subject | $825,000* List Price | 4 | 3 | 2,804 | $303 | - |
A 11775 Silver Birch Road Sold | $770,000 | 4 | 3 | 2,627 | $293 | 0.7 mi |
B 11478 Elderberry Lane Sold | $780,000 | 4 | 3 | 2,444 | $319 | 0.6 mi |
C 11425 Hutton Road Sold | $910,000 | 4 | 3 | 3,086 | $295 | 0.3 mi |
D 26314 Gentry Avenue Sold | $819,990 | 4 | 3 | 2,617 | $313 | 0.8 mi |
E 11266 Hutton Road Sold | $945,000 | 4 | 3 | 3,086 | $306 | 0.2 mi |
F 25654 Red Hawk Sold | $899,000 | 5 | 4 | 2,738 | $328 | 0.3 mi |
G 11714 Wandering Pending | $849,900 List Price | 4 | 3 | 2,680 | $317 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this home is well within the 10-year threshold for excellent condition. It features modern, high-quality finishes including luxury vinyl plank flooring, a chef's kitchen with a massive center island and stainless steel appliances, and updated lighting fixtures. The property is move-in ready with no deferred maintenance, and includes contemporary upgrades like solar panels and an electric vehicle charging station.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Upgrades
Built in 2018, this move-in-ready home features high-end finishes including luxury vinyl flooring, a chef's kitchen with a massive center island, solar panels, and a dedicated electric vehicle charging station.
- Flexible Living Layout
The floor plan offers exceptional versatility with a spacious upstairs loft and a downstairs office/den that can easily serve as a 5th bedroom or multi-generational suite due to its proximity to a full bathroom.
- High-Value Community Amenities
Residents benefit from a low $85/month HOA fee while gaining access to resort-style amenities including multiple pools, tennis and pickleball courts, walking trails, and expansive community parks.
CONSRISKS & DEFICIENCIES
- School Commute Distances
While the elementary school is conveniently close, the assigned middle and high schools are located over 7 miles away, which may be a logistical challenge for families with older children.
- Compact Outdoor Space
The 6,970 square foot lot is relatively modest for a home of nearly 3,000 square feet, which may limit buyers looking for a larger private yard or significant gardening space.
About 11112 Ilama Court
PRICE REDUCTION! Seller Motivated! Turnkey!!!!Beautifully upgraded 4 bed 3 bath home with flexible office/5th bedroom/ mother in laws bedroom potential downstairs. Built in 2018, move -in ready and offers everything your buyer is looking for-and more. Step inside to discover luxury vinyl flooring throughout the main living areas, a spacious open concept layout, and a chef's dream kitchen featuring a massive center island. Home comes with all stainless steel appliances. Upstairs, you'll find four generously sized bedrooms and a versatile loft space perfect for retreat. The downstairs office includes a closet and a bathroom close making it perfect to convert to mother in laws area. Step outside to your private backyard oasis complete with low- maintenance turf, a covered patio with fans and lights and a designated garden area. Other highlights include solar panels for energy efficiency, attached 2-car garage,electric charging station in garage, modern lighting fixtures and thoughtful upgrades throughout. Low HOA only $85 a month. All located in a highly desirable master-planned community that offers resort-style amenities including : Tennis & pickleball courts baseball fields community parks & playgrounds Multiple pools walking trials and much more. Don't miss your opportunity to own a stunning, turnkey home in one of Corona's most vibrant neighborhoods!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $85.0 / Month
Neighborhood Insights
Corona Unified Schools
Ronald Reagan Elementary
Grades K-6 • 15.5 mi
Todd Elementary
Grades K-8 • 1.0 mi
Luiseno
Grades K-8 • 2.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,804 | 2,106 | 82% |
| Lot Size | 6,970 | 6,098 | 58% |
| Price | $825.0K | $740.0K | 72% |
| Price per sq ft | $294 | $356 | 16% |
| Built year | 2018 | 2004 | 76% |
| HOA | $85.0 | $126 | 25% |
| Days on market | 48 | 183 | 2% |
Pricing History
Listed for Sale
Mar 5, 2026
$825,000
$849,999
-3% Price Drop
Initial Listing
Price Change
Jan 18, 2026
$849,999
Initial Listing
Sold
Mar 14, 2019
$525,500
Public Record