1278 Millbrook, Corona, California 92882, Corona, 92882 - 4 bed, 3 bath
1278 Millbrook
Corona, California 92882
Property Price
SUMMARY
Analysis of 1278 Millbrook, Corona, California 92882 reveals a Fairly Priced Property with a current list price of $975,000 aligned with the estimated $977,488 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1278 Millbrook Subject | $975,000* List Price | 4 | 3 | 2,326 | $420 | - |
A 2425 Centennial Way Sold | $987,870 | 4 | 3 | 2,540 | $389 | 0.4 mi |
B 1240 Nina Lane Sold | $850,000 | 4 | 3 | 2,302 | $369 | 0.6 mi |
C 2450 Via Pacifica Sold | $835,000 | 4 | 3 | 2,603 | $321 | 0.2 mi |
D 2350 Claudia Street Sold | $949,900 | 4 | 3 | 2,543 | $374 | 0.2 mi |
E 2531 Independence Way Sold | $965,000 | 4 | 3 | 2,405 | $401 | 0.6 mi |
F 3059 Vera Cruz Sold | $800,000 | 4 | 3 | 2,160 | $370 | 0.6 mi |
G 3052 Drake Street Active | $960,000 List Price | 4 | 3 | 2,302 | $417 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained with significant updates to the kitchen and bathrooms, including stainless steel appliances and stone countertops. While originally built in 1988, the home has been extensively updated with modern features such as Tesla Solar, an EV charger, and a finished garage. The interior finishes and outdoor pool area show minimal wear and tear, meeting the criteria for a high-quality, well-maintained home.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2326.
- Premium Outdoor Living
The private backyard oasis features a large pool, relaxing jacuzzi, and a dedicated play area, making it an ideal space for family recreation and entertaining.
- Modern Energy Efficiency
Equipped with Tesla Solar and a dedicated EV plug charger, the home offers significant long-term utility savings and appeals to eco-conscious buyers.
CONSRISKS & DEFICIENCIES
- 1980s Era Systems
Built in 1988, the property may require updates to major mechanical systems or cosmetic finishes to align with modern luxury standards compared to newer builds in the area.
- Market Positioning
A recent price reduction from the original listing price suggests the property faced initial resistance, potentially due to the competitive pricing landscape in South Corona.
About 1278 Millbrook
Welcome to this stunning 5-bedroom, 3-bath home designed for both comfort and entertaining. The downstairs bedroom and full bath are perfect for guests, while two open living areas filled with natural light create inviting spaces for family gatherings or cozy evenings at home. The large kitchen is ideal for home-cooked meals or hosting friends, offering plenty of space for everyone to gather. The master suite features a fireplace, his-and-her sinks, a vanity, soaking tub, and a walk-in closet. Upstairs, a loft/den complements the four additional bedrooms, providing versatile space for work, study, or a playroom. Step outside to your private backyard oasis, complete with a large pool, relaxing jacuzzi, and play set. The pool includes a removable safety fence to keep pets and children safe. Energy-conscious homeowners will appreciate Tesla Solar and plug charger, offering long-term efficiency and savings. The custom man cave garage provides a unique space for hobbies, game nights, or a private retreat. Within walking distance to Ben Franklin Elementary and close to other top-rated Corona schools, shopping, dining, and freeway access, this home perfectly combines space, style, and convenience ready to welcome you home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1988
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
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 | 2,326 | 1,941 | 68% |
| Lot Size | 9,583 | 7,405 | 84% |
| Price | $975.0K | $807.5K | 82% |
| Price per sq ft | $419 | $421 | 49% |
| Built year | 1988 | 1988 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 179 | 1% |
Pricing History
Listed for Sale
Feb 19, 2026
$975,000
$990,000
-2% Price Drop
Initial Listing
Price Change
Jan 30, 2026
$990,000
Initial Listing
Sold
Jan 31, 2022
$855,500
Public Record
Sold
Jun 4, 2019
$610,000
Public Record
Sold
Jul 6, 2001
$305,000
Public Record
Sold
May 27, 1998
$202,000
Public Record