11638 Oakton Way, Corona, California 92883, Corona, 92883 - 3 bed, 4 bath
11638 Oakton Way
Corona, California 92883
Property Price
SUMMARY
Analysis of 11638 Oakton Way, Corona, California 92883 reveals a property with a current list price of $940,000, which is 5% above the estimated $890,688 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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 |
|---|---|---|---|---|---|---|
★ 11638 Oakton Way Subject | $940,000* List Price | 3 | 4 | 2,486 | $358 | - |
A 24199 Brison Drive Sold | $805,000 | 3 | 3 | 2,162 | $372 | 0.2 mi |
B 11565 Dovecoat Way Sold | $850,000 | 3 | 3 | 2,276 | $373 | 0.1 mi |
C 24583 Acadia Drive Sold | $740,000 | 4 | 3 | 2,427 | $305 | 0.3 mi |
D 24674 Crestley Drive Sold | $852,000 | 3 | 2 | 2,061 | $413 | 0.1 mi |
E 24283 Dawn Road Sold | $790,000 | 4 | 3 | 2,800 | $282 | 0.5 mi |
F 11662 Starlily Court Active | $799,000 List Price | 3 | 3 | 2,680 | $298 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property was built in 2019, making it only 5 years old and well within the 'newly built' criteria. The description highlights a 'meticulously maintained home that feels brand new,' featuring a chef's kitchen with quartz countertops, sleek white cabinetry, built-in stainless steel appliances, and a modern tile backsplash. Bathrooms are described as 'spa-like' with oversized walk-in showers and dual vanities. Luxury wood vinyl plank flooring, plantation shutters, and a solar system further underscore its modern, high-quality condition with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Exclusive 55+ Community & Amenities
Located in Terramor, a premier 55+ gated community offering an unparalleled resort-style living experience with multiple pools, gym, sports courts, clubhouse, and social spaces.
- Modern & High-End Finishes
A 2019 build with meticulously maintained, luxurious interiors including quartz countertops, built-in stainless steel appliances, wood vinyl plank flooring, 10' ceilings, and plantation shutters.
- Exceptional Entertainment & Indoor-Outdoor Flow
Designed for entertaining with a custom full-size bar, a chef's kitchen with a massive island, and a California room seamlessly connecting to a low-maintenance backyard with mountain views.
CONSRISKS & DEFICIENCIES
- Age-Restricted Community
The 55+ age restriction significantly narrows the potential buyer pool, which could impact market demand and resale flexibility.
- Substantial Monthly HOA Fees
The association fee of $380.50 per month is a considerable recurring expense that buyers must factor into their budget.
- Recent Price Adjustment
A recent price reduction from $950,000 to $940,000 might indicate a slight overestimation of market value or a need to attract more interest.
About 11638 Oakton Way
Welcome home to 11638 Oakton Way, a stunning single-story corner lot home nestled in Corona’s premier 55+ gated community of Terramor, where the views are unmatched, and the lifestyle is second to none. This meticulously maintained home feels brand new and offers a perfect blend of luxury, comfort, and entertainment.Step inside and fall in love with the open concept floor plan featuring 3 spacious bedrooms, each with its own private en suite bathroom, a powder bath for guests, and a versatile flex room with glass doors, ideal for an office, craft room, or game space. The chef’s kitchen is the heart of the home, complete with quartz countertops, sleek white thermofoil cabinetry, built in stainless steel appliances, a walk in pantry, gorgeous blue tile backsplash, and a massive island with an extended table height breakfast bar, perfect for morning coffee or entertaining guests. Adjacent to the kitchen is a dining area that’s large enough for a formal table, or even a pool table! Add in the custom full-size bar with a wet bar sink, beverage fridge, and barstool peninsula, and this home becomes an entertainer’s dream.Seamlessly transition to indoor-outdoor living in the beautifully designed California room, complete with electric fireplace, ceiling fans, TV hookup, and a motorized floor to ceiling sunscreen for year-round enjoyment. The backyard offers breathtaking mountain views, stamped concrete, a second covered patio, low-maintenance landscaping, and even a storage shed. Throughout the home, you’ll find luxury wood vinyl plank flooring, soaring 10’ ceilings, and elegant plantation shutters. The spacious primary suite includes a spa-like en suite bathroom with an oversized walk-in shower, dual vanities, and a huge walk-in closet. Additional features include a 13 panel Sunrun solar system, drought tolerant landscaping with turf, whole house water softener, and a 2-car garage with 220V- perfect for electric vehicles. Living in Terramor is more than just owning a home, it’s an experience. Residents enjoy resort style amenities including three pools (one adult-only), spa, gym, sauna, tennis and pickleball courts, bocce ball, dog parks, scenic walking trails, a clubhouse, outdoor cooking spaces, and even a full bar and event room. All just minutes from the 15 freeway for easy access to everything. This is more than a home, this is your next chapter in luxury living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $380.5 / Month
Neighborhood Insights
Corona Unified Schools
Ronald Reagan Elementary
Grades K-6 • 14.3 mi
Todd Elementary
Grades K-8 • 0.9 mi
Luiseno
Grades K-8 • 3.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 4.0 | 3.0 | 86% |
| Square foot | 2,486 | 2,106 | 68% |
| Lot Size | 7,405 | 6,098 | 63% |
| Price | $940.0K | $740.0K | 85% |
| Price per sq ft | $378 | $356 | 62% |
| Built year | 2019 | 2004 | 77% |
| HOA | $380.5 | $165 | 98% |
| Days on market | 96 | 183 | 13% |
Pricing History
Listed for Sale
Jan 28, 2026
$940,000
$950,000
-1% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$950,000
Initial Listing
Sold
Jun 12, 2023
$805,000
Public Record
Sold
Jun 1, 2021
$685,000
Public Record
Sold
Jul 2, 2020
$612,000
Public Record