1589 Camelot, Corona, California 92882, Corona, 92882 - 4 bed, 2 bath
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Corona, California 92882
This property presents a High-Potential Investment Opportunity with a List Price of $699,000—positioned above the $610,475 Fair Market Value. While the property requires a full renovation given its Condition Rating of 5, the expansive 8,712 square foot lot and cul-de-sac location provide a solid foundation for forced appreciation. The asset features a community pool and significant upside potential for those capable of executing a comprehensive rehab. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize value in the established Village Grove neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1589 Camelot Subject | $699,000* List Price | 4 | 2 | 1,417 | $431 | - |
A 1552 Tilson Circle Sold | $695,000 | 4 | 2 | 1,312 | $530 | 0.5 mi |
B 1871 Dawn Ridge Drive Sold | $700,000 | 4 | 2 | 1,515 | $462 | 0.3 mi |
C 1095 Jadestone Lane Sold | $715,000 | 4 | 2 | 1,904 | $376 | 0.3 mi |
D 1478 Dyer Sold | $700,000 | 4 | 2 | 1,312 | $534 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1975 (51 years old) with no evidence of recent renovations. Interior photos show significant wear including heavily stained carpeting and popcorn ceilings. The listing description explicitly targets renovators and investors for 'upside potential,' indicating the property requires a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1417.
Situated on a generous 8,700+ square foot lot at the end of a quiet cul-de-sac, providing enhanced privacy and significant outdoor space rarely found at this price point.
As a trust sale marketed toward renovators and investors, the property offers a prime opportunity to build equity through modernization in a well-established neighborhood.
The emphasis on 'upside potential' and 'renovators' suggests the home may require substantial capital investment for repairs and aesthetic updates.
The $320 monthly HOA fee represents a significant recurring carrying cost that may deter buyers looking for a standard non-association single-family residence.
Trust sale opportunity on a cul-de-sac in Corona featuring 4 bedrooms, 2 baths, approximately 1,417 square feet, and a large oversized 8,700+ square foot lot, community / association pool, and strong upside potential. Ideal for buyers, investors, or renovators looking to add value in a well-established neighborhood of Village Grove!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,417 | 1,852 | 20% |
| Lot Size | 8,712 | 7,841 | 67% |
| Price | $699.0K | $810.0K | 23% |
| Price per sq ft | $493 | $433 | 76% |
| Built year | 1975 | 1987 | 37% |
| HOA | $320.0 | $0 | 96% |
| Days on market | 23 | 143 | 3% |
May 15, 2026
$699,000
Initial Listing
Feb 13, 2013
$260,000
Public Record