1615 Via Modena Way, Corona, California 92881, Corona, 92881 - 7 bed, 4 bath
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Corona, California 92881
This Multigenerational Residential Asset is a Strong Value Opportunity, listed at $1,199,900—positioned well below the $1,204,043 Fair Market Value by 0.34%. This valuation gap offers $4,143 in Instant Equity. Featuring a Private Casita, Granite Kitchen, and a massive 15,682 sqft lot, the property maintains a Fair Condition Rating with potential for cosmetic modernization. Located in the Corona-Norco Unified district with no HOA, this versatile home is ideal for Buy-and-Hold Investors or Owner-Occupants seeking space and flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1615 Via Modena Way Subject | $1,199,900* List Price | 7 | 4 | 3,871 | $311 | - |
A 3675 Sunmeadow Street Sold | $1,300,000 | 6 | 4 | 3,819 | $340 | 0.4 mi |
B 3341 Horizon Street Sold | $1,300,000 | 5 | 4 | 3,735 | $348 | 0.1 mi |
C 7142 Calico Cir Sold | $1,015,000 | 5 | 3 | 3,385 | $300 | 0.6 mi |
D 1536 Chestnut Active Under Contract | $1,098,000 List Price | 5 | 4 | 3,175 | $346 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is now 21 years old and falls into the 'Fair' category based on age and original finishes. While well-maintained and move-in ready, the interior features dated elements such as original oak cabinetry, 2000s-era tile, and carpeted flooring in the primary bathroom that require modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15682, living area = 3871.
The property features a private casita with its own entrance and a main-floor bedroom/bathroom suite, offering exceptional flexibility for extended family, guests, or rental income.
Situated on a massive 15,682 sqft corner lot, the home provides an extended driveway with potential RV parking and a large backyard, a rare find in South Corona.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3871, other record living area = 3639. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
With seven bedrooms but only four bathrooms, the home may feel underserved during peak hours for a large family or multigenerational household.
Built in 2003, the interior may require modernizing of fixtures and finishes to align with current luxury market trends and buyer preferences.
Welcome to this expansive South Corona home featuring a private casita and an exceptional floor plan designed for multigenerational living, guests, or rental potential. The casita includes its own private entrance, spacious bedroom, and full bathroom, offering comfort and privacy. Inside the home, you'll find a full bedroom, full bathroom, and a versatile office or den on the main level. Upstairs offers five additional bedrooms, two full bathrooms, and a dedicated office or study area, providing plenty of space for a growing household, remote work, or hobbies. The grand entry showcases soaring vaulted ceilings above the formal living room, creating a bright and impressive first impression. The spacious kitchen features granite countertops, a center island, and opens to the inviting family room with a cozy fireplace—perfect for entertaining and everyday living. Situated on a huge corner lot, the property offers an extended driveway with possible RV parking, a large backyard with an expansive grassy area, and a covered patio ideal for outdoor gatherings. Located within walking distance to award-winning schools and beautiful parks, this incredible home also comes with the added benefit of no HOA. Don't miss this rare opportunity to own one of South Corona's most spacious and versatile homes!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 3,871 | 2,104 |
| Lot Size | 15,682 | 7,405 |
| Price | $1.20M | $787.4K |
| Price per sq ft | $310 | $382 |
| Built year | 2003 | 1997 |
| HOA | $0 | $187 |
| Days on market | 8 | 66 |
Jul 14, 2026
$1,199,900
Initial Listing
Nov 21, 2007
$705,000
Public Record
Mar 27, 2003
$476,500
Public Record