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23203 Canyon Estates, Corona, California 92883, Corona, 92883 - 4 bed, 2 bath

23203 Canyon Estates, Corona, California 92883 home-pic-0
ACTIVE$599,000$1,245/sqft
Est. Value: $541,596
-9%
AboveEstimate
23203 Canyon Estates, Corona, California 92883
4Beds
2Baths
1,245Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($541,595.685) is $57,404.315 (9%) lower than the list price ($599,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Temescal Valley Elementary School (9/10).
Top Cons:
Original Construction Age: Built in 1987, the property may have original components (e.g., bathrooms, kitchen beyond cabinetry, windows) that could require future updates or modernization to meet contemporary standards.

Compared to the nearby listings

Price:$599.0K vs avg $752.5K ($-153,500)7%
Size:1,245 sqft vs avg 2,176 sqft0%
Price/sqft:$481 vs avg $35897%

More Insights

Built in 1987 (39 years old).
Condition: The property, built in 1987 (37 years old), is well-maintained with fresh paint and a new AC/heating system, which are significant positives. However, the kitchen features original-style oak cabinetry, dated countertops, and backsplash, despite having some newer stainless steel appliances. The bathrooms also exhibit dated vanities, fixtures, and tile work. While functional and clean, these key areas show signs of being outdated and would require minor updates or renovations to meet current aesthetic standards, aligning with the 'Fair' condition criteria for a home of its age with no major aesthetic renovations.
Year Built
1987
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$481
HOA
$80
Days on market
-
Sold On
-
MLS number
CV25281076
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

Welcome to this one-story home with 4 bedrooms, 2 bathrooms located in the quiet and established neighborhood of Corona. Offering approximately 1,545 square feet, including 1,245 the main house and a permitted sunroom of approximately 300 square feet, providing valuable additional usable space. The interior offers a bright kitchen with ample cabinetry and natural light, seamlessly connecting to the main living areas for ease of daily living. The living room with high ceiling and fireplace. Four bedrooms provide flexibility for family living, a home office, or guest accommodations. The primary bedroom includes its own bathroom, offering added privacy. The permitted sunroom is ideal for a bonus living area, home office, playroom, or relaxation space, allowing the owner to enjoy added functionality beyond the main living area. Interior just freshly painted. The house has a new AC and heating system. The large back yard with patio, and fruit trees, an ideal place for relaxation and entertainment. Situated on a small street, a peaceful neighborhood feel, this property presents a great opportunity to own a home in a convenient Corona location, close to schools, shopping, dining, and commuter routes. Well maintained California Meadows with low HOA fee. With solid bones and classic charm, this home is ready for its next owner to move in and personalize over time. Ideal as a primary residence or long-term investment property.

A
Alex Zhao
Listing Agent

Nearby schools

9/10
Temescal Valley Elementary School
Public,•K-6•0.4mi
7/10
Ronald Reagan Elementary
Public,•K-6•12.0mi
7/10
El Cerrito Middle School
Public,•6-8•3.8mi
8/10
Centennial High School
Public,•9-12•5.6mi

Price History

Date
Event
Price
03/23/21
Sold
$532,000
03/12/14
Sold
$336,500
Condition Rating
Fair
The property, built in 1987 (37 years old), is well-maintained with fresh paint and a new AC/heating system, which are significant positives. However, the kitchen features original-style oak cabinetry, dated countertops, and backsplash, despite having some newer stainless steel appliances. The bathrooms also exhibit dated vanities, fixtures, and tile work. While functional and clean, these key areas show signs of being outdated and would require minor updates or renovations to meet current aesthetic standards, aligning with the 'Fair' condition criteria for a home of its age with no major aesthetic renovations.
Pros & Cons

Pros

Great Schools: Elementary School: Temescal Valley Elementary School (9/10).
Expanded Usable Space: Features a permitted 300 sqft sunroom, significantly increasing functional living area beyond the main house for various uses.
Recent Major System Upgrades: Equipped with a new AC and heating system, providing modern comfort and reducing immediate capital expenditure for the buyer.
Prime Location & Community: Situated in a quiet, established Corona neighborhood (California Meadows) with a low HOA, offering convenient access to amenities and commuter routes.
Versatile Layout & Outdoor Living: A one-story home with 4 flexible bedrooms, high ceilings, a fireplace, and a large backyard with a patio and fruit trees, ideal for relaxation and entertainment.
Solid Investment Opportunity: Presents 'solid bones' and classic charm, making it an attractive option for both primary residence and long-term investment, with potential for personalization.

Cons

Original Construction Age: Built in 1987, the property may have original components (e.g., bathrooms, kitchen beyond cabinetry, windows) that could require future updates or modernization to meet contemporary standards.
Compact Interior Footprint: The main house offers 1,245 sqft for four bedrooms, which may result in smaller individual room dimensions compared to newer or larger homes.
Potential for Further Modernization: While freshly painted, the description suggests the home is 'ready for its next owner to move in and personalize over time,' indicating that significant aesthetic upgrades beyond paint may be desired by some buyers.
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