1184 Tesoro, Corona, California 92879, Corona, 92879 - 5 bed, 3 bath
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Corona, California 92879
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $980,000—positioned well below the $1,053,018 Fair Market Value by 6%. This valuation gap offers $73,018 in Instant Equity for the buyer. Featuring a Fair Condition Rating, the home offers significant potential for cosmetic updates to modernize its 1998 finishes. With a 16,117 sqft lot, private pool and spa, and panoramic mountain views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1184 Tesoro Subject | $980,000* List Price | 5 | 3 | 3,185 | $331 | - |
A 940 Via Blairo Sold | $1,250,000 | 5 | 3 | 3,185 | $392 | 0.3 mi |
B 1070 Mandevilla Way Sold | $899,999 | 3 | 4 | 2,756 | $327 | 0.1 mi |
C 768 Samantha Sold | $994,500 | 4 | 4 | 3,478 | $286 | 0.7 mi |
D 693 John Drive Sold | $1,235,000 | 4 | 3 | 4,031 | $306 | 1.0 mi |
E 1144 Garland Way Active | $997,500 List Price | 5 | 3 | 3,640 | $274 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is approximately 28 years old, placing it in the 'Fair' category based on age (>20y). While the home is well-maintained and functional, the interior features dated elements including original oak-style cabinetry in the bathrooms, white tile countertops, and older flooring. The kitchen has received a granite countertop update, but the overall aesthetic and systems are nearing the end of their typical 30-year lifecycle, suggesting a need for cosmetic and potentially mechanical updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 16117, living area = 3185.
The expansive 16,117 sqft lot features a private oasis with a sparkling pool, spa, and a custom putting green, all set against a backdrop of panoramic mountain views.
Boasting over 3,100 sqft of living space, the home features soaring two-story ceilings and large windows that create an airy, light-filled atmosphere ideal for large families.
Built in 1998, the property may require capital improvements or aesthetic updates to kitchens and bathrooms to align with modern luxury trends.
Despite its proximity to major freeways, the Corona area is subject to heavy commuter traffic on the 91 corridor, which could be a factor for those working outside the immediate area.
Welcome to 1184 Tesoro Way, an exceptional residence located in the highly sought-after Estates at Corona Ranch. This beautifully designed two-story home offers approximately 3,185 square feet of thoughtfully planned living space with 5 spacious bedrooms, 4 bathrooms, and a 3-car attached garage, providing the perfect blend of elegance, comfort, and functionality. From the moment you step inside, you're welcomed by soaring two-story ceilings that extend from the first floor to the second level, creating an incredible sense of openness and volume. Expansive windows adorned with elegant plantation shutters fill the home with natural light, while the spacious floor plan offers an ideal layout for both everyday living and entertaining. The spacious primary suite serves as a private retreat, complete with a large walk-in closet and an ensuite bathroom featuring dual vanities, a soaking tub, and a separate walk-in shower, creating the perfect space to relax and unwind. Step outside to your own private backyard oasis where, a sparkling pool and Spa invites you to relax, entertain, and enjoy Southern California's year-round sunshine. The expansive backyard offers plenty of room for gatherings while showcasing beautiful mountain views that provide a peaceful backdrop. The backyard is an entertainer's dream, featuring a private putting green, perfect for practicing your short game or enjoying time with family and friends. Perfectly situated in the prestigious Estates at Corona Ranch, this exceptional home offers the ideal combination of luxury, convenience, and lifestyle. Enjoy close proximity to Mountain View Golf Course, Promenade Community Park, Rock Vista Park, Hidden Valley Plaza, Corona Hills Plaza, Costco, HomeGoods, shopping, dining, highly rated schools, and convenient access to the 91 and 15 Freeways, making commuting and everyday errands effortless. Whether you're entertaining poolside, hosting family and friends, or simply relaxing while taking in the mountain views, 1184 Tesoro Way is a place you'll be proud to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,185 | 2,104 |
| Lot Size | 16,117 | 7,405 |
| Price | $980.0K | $787.4K |
| Price per sq ft | $308 | $382 |
| Built year | 1998 | 1997 |
| HOA | $146.0 | $187 |
| Days on market | 5 | 66 |
Jul 17, 2026
$980,000
Initial Listing
Dec 24, 1998
$335,000
Public Record