1487 Meadowcrest Circle, Corona, California 92882, Corona, 92882 - 6 bed, 4 bath
1487 Meadowcrest Circle
Corona, California 92882
Property Price
SUMMARY
Analysis of 1487 Meadowcrest Circle, Corona, California 92882 is currently available with a list price of $2,800,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1979, this property has undergone an extensive and high-quality renovation, aligning with the 'Excellent' criteria for properties 'extensively renovated within 5 years.' The chef's kitchen is a prime example, featuring custom cabinetry, a built-in Sub-Zero refrigerator, Viking range with double ovens, and a farmhouse sink, all indicative of recent, high-end upgrades. The bathrooms, while showcasing a more traditional aesthetic, are impeccably clean and well-maintained. The property also boasts updated flooring (hardwood, tile), recessed lighting, ceiling fans, and a fully owned solar system, demonstrating a comprehensive modernization throughout. The exterior and outdoor living spaces are also fully upgraded and meticulously maintained, contributing to an overall 'virtually new' feel in key areas.
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 = 77537, living area = 4618.
- High-End Chef's Kitchen
Features a fully equipped chef's kitchen with custom cabinetry, built-in Sub-Zero refrigerator, Viking range with double ovens, warming drawer, microwave, and a farmhouse sink, appealing to culinary enthusiasts.
- Exceptional Outdoor Living
The property boasts a lush backyard with a pool, spa, orchard, and scenic hill views, designed for seamless indoor-outdoor living and entertaining.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1979, while upgraded, the underlying structure's age may lead to potential concerns regarding older systems (e.g., plumbing, electrical, HVAC) not explicitly mentioned as fully modernized.
- Recent Price Reduction
The property has seen a price reduction from $3,000,000 to $2,800,000, which could indicate initial overpricing or a longer market time, potentially affecting buyer perception.
- High Maintenance for Extensive Amenities
The large lot with a pool, spa, and orchard, while desirable, implies significant ongoing maintenance costs and time commitment for upkeep.
About 1487 Meadowcrest Circle
This exquisite Spanish Colonial home is a true showstopper. From the moment you arrive, the fully upgraded front yard beautifully hardscaped with elegant tilework and an automatic gate sets the tone for the sophistication inside. This home blends timeless charm with modern luxury. The chef's kitchen features custom cabinetry, a built-in Sub-Zero refrigerator, Viking range with double ovens, warming drawer, microwave, and farmhouse sink. A walk-in pantry with an automatic light and magnetic chalkboard door adds both style and function.Nearly every room opens to the lush backyard with pool, spa, orchard, and scenic hill views, creating the perfect setting for indoor-outdoor living and effortless entertaining.Additional highlights include a fully owned solar system no lease payments and numerous thoughtful upgrades throughout. Welcome home to your private oasis of beauty, comfort, and sustainability.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1979
- Lot Size
- 77,537 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Corona Unified Schools
Ronald Reagan Elementary
Grades K-6 • 6.3 mi
Letha Raney Intermediate School
Grades 6-8 • 1.7 mi
Corona Fundamental Intermediate School
Grades 6-8 • 2.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 99% |
| Baths | 4.0 | 3.0 | 91% |
| Square foot | 4,618 | 1,941 | 99% |
| Lot Size | 77,537 | 7,405 | 98% |
| Price | $2.80M | $807.5K | 99% |
| Price per sq ft | $606 | $422 | 96% |
| Built year | 1979 | 1988 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 120 | 179 | 18% |
Pricing History
Listed for Sale
Dec 5, 2025
$2,800,000
$3,000,000
-7% Price Drop
Initial Listing
Price Change
Nov 7, 2025
$3,000,000
Initial Listing