
Corona, California 92881
This Custom Single-Story Estate is a High-Potential Investment Opportunity, listed at $2,590,000—positioned above the $2,313,612 Fair Market Value. While priced at a premium, the property offers a Fair Condition Rating with significant upside through cosmetic modernization of original fixtures. The 1.09-acre lot, Detached ADU, and 4-Car Garage provide rare utility in South Corona. This estate is an ideal acquisition for Owner-Occupants seeking a multi-generational sanctuary or Sophisticated Investors looking to leverage the expansive, fully usable land for long-term appreciation.
Property is moderate renovation needed.
Built in 2002, the property is 22 years old, placing it in the 'Fair' category (>20y). While the home is meticulously maintained and move-in ready with high-end Subzero/Thermador appliances and a custom ADU, the kitchen and bathroom cabinetry, tiling, and fixtures are original to the build date and are considered dated by current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 47480, living area = 5403.
The 1.09-acre fully usable lot is a rare find, featuring a 6,500 sqft flat area for a sport court and a 204-foot RV driveway, offering unmatched versatility for storage and recreation.
The property includes a 607 sqft detached ADU with a full kitchen and bathroom, providing an ideal setup for multi-generational living, a private home office, or a premium pool house.
Despite the expansive lot and premium price point, the property does not offer significant scenic views, which may be a drawback for buyers seeking a hillside or city-light backdrop.
The sheer scale of the 1.09-acre grounds, large pool, and extensive hardscaping will require significant ongoing maintenance and landscaping costs to preserve the estate's condition.
RARELY does a home and property come onto the market that captures so many amazing feature but here we are with the needle in the haystack. Situated on 1.09 acres all useable and beautifully done for you already, aside from a large flat area that is 6500 sq ft at the very back of the property. This can be used for multiple purposes like a sport court or another ADU. South Corona presents this custom single story estate where the main house is 4797 sq ft and the detached ADU/guest house is another 607 sq ft. The home has that smooth Santa Barbara finished stucco which is so beautiful. The main residence features 4 bedrooms, or three bedrooms and a media/office room with its own French doors opening up directly to the circular driveway. This beauty of a home features high ceilings, real solid hard wood floors, oversized windows with 6 sets of French doors throughout the estate. The well appointed kitchen has built in high end appliances such as a Subzero fridge, a Thermador range, double ovens and a warming drawer. The open floor plan allows for so much natural light to enhance the beauty of every room. It is elegance meets everyday living all right here along with a spectacular fully gated private estate. The outdoor landscape is perfectly maintained and shows off the classically designed pool and spa directly outside the center of the home. Did you say PARTY.. well bring the whole family, we have a huge gated circular driveway that holds 10+ cars AND we have a four car plus garage with 1442 sq ft. The RV driveway is ~204 feet on its own and has a separate gate. It’s extra long fitting for multiple RVs, boats, trailers, or toy haulers. The studio/ADU is completely detached and is a lovely private home all on its own. Inside the ADU is a full kitchen, bathroom, Murphy bed situation and family room. This ADU opens up to the pool area so you can also use this as a game room/pool house. This home is a must see and feel. Walk the entire residence and property and you will be blown away by all it has to offer its new owner. This home was built and owned by one family so don’t let this opportunity pass you by to snag a one of a kind very beloved estate in South Corona. No HOA and low taxes are just one of the many bonuses here at Cherokee Road.
No exterior & parking available.
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| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 3.0 |
| Square foot | 5,404 | 2,104 |
| Lot Size | 47,480 | 7,405 |
| Price | $2.59M | $787.4K |
| Price per sq ft | $479 | $382 |
| Built year | 2002 | 1997 |
| HOA | $0 | $187 |
| Days on market | 27 | 66 |
Jun 25, 2026
$2,590,000
Initial Listing
Jun 15, 2001
$165,000
Public Record