
Corona, California 92883
This New Construction Single Family Residence represents a High-Potential Investment Opportunity, listed at $604,990—positioned slightly above the $594,116 Fair Market Value. As a 2026 build in the Terramor community, this property features a Modern Mint Condition Rating with customizable finishes and a versatile Flex Room. While the leased solar and dirt-lot status require long-term planning, the home offers a premium lifestyle in the Corona-Norco Unified School District. This is an ideal acquisition for Owner-Occupants seeking a personalized sanctuary or first-time buyers prioritizing modern efficiency.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23676 Shoal Drive Subject 2 bd · 2 ba · 1,366 sqft · $433 | $604,990* List Price | 2 | 2 | 1,366 | $433 | - |
A 23686 Highvale Drive Sold 2 bd · 2 ba · 1,324 sqft · $406 · 0.0 mi | $536,990 | 2 | 2 | 1,324 | $406 | 0.0 mi |
B 23687 Shoal Drive Sold 2 bd · 2 ba · 1,375 sqft · $423 · 0.0 mi | $580,990 | 2 | 2 | 1,375 | $423 | 0.0 mi |
C 11949 Hillsong Drive Sold 2 bd · 2 ba · 1,324 sqft · $444 · 0.0 mi | $587,990 | 2 | 2 | 1,324 | $444 | 0.0 mi |
D 23662 Highvale Drive Sold 2 bd · 3 ba · 1,375 sqft · $439 · 0.0 mi | $602,940 | 2 | 3 | 1,375 | $439 | 0.0 mi |
E 11967 Greenpeak Street Sold 3 bd · 2 ba · 1,364 sqft · $512 · 0.1 mi | $699,000 | 3 | 2 | 1,364 | $512 | 0.1 mi |
F 11894 Greenpeak Sold 2 bd · 2 ba · 1,326 sqft · $445 · 0.1 mi | $589,888 | 2 | 2 | 1,326 | $445 | 0.1 mi |
G 11930 Greenpeak Street Sold 2 bd · 2 ba · 1,364 sqft · $439 · 0.1 mi | $599,000 | 2 | 2 | 1,364 | $439 | 0.1 mi |
H 24142 Evesong Sold 3 bd · 2 ba · 1,744 sqft · $389 · 0.4 mi | $678,800 | 3 | 2 | 1,744 | $389 | 0.4 mi |
I 23675 Shoal Drive Active 2 bd · 2 ba · 1,324 sqft · $439 · 0.0 mi | $581,780 List Price | 2 | 2 | 1,324 | $439 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property with a 2026 build date. The kitchen and baths feature modern, mint-condition finishes including quartz countertops, white shaker cabinetry, and stainless steel appliances. All systems, including HVAC, electric, and solar, are brand new, meeting the highest standards for the excellent category.
As a new construction 'dirt lot' with a 2026 completion date, buyers have the rare opportunity to select personalized upgrades and finishes to tailor the home to their specific tastes.
The 'Bayley' Plan 2 features a highly functional layout including a dedicated flex room, providing essential space for a home office, gym, or hobby room in addition to the two bedrooms.
Located in the Terramor - Cedarwood subdivision, the property offers the prestige and amenities of a contemporary master-planned community paired with a desirable Spanish-style exterior.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3619, other record lot size in square feet = 3484.
Because the home is currently a dirt lot scheduled for 2026, it is not suitable for buyers needing immediate housing or those looking to lock in current market conditions for a near-term move-in.
The property includes leased solar panels, which creates a recurring monthly financial obligation that may be less attractive to buyers preferring the long-term equity of an owned system.
Discover the opportunity to personalize your dream home in Cedarwood at Terramor, a premier 55+ active adult community by Del Webb in Temescal Valley. Perched above the valley and surrounded by more than 540 acres of preserved open space, this exceptional community offers breathtaking views, scenic hiking and walking trails, and convenient access to dining, shopping, and entertainment. Residents enjoy a vibrant lifestyle with exclusive access to The Terrace Club, featuring a resort-style pool and hot tub, fitness and wellness facilities, and bocce ball courts designed for recreation, relaxation, and social connection. This thoughtfully designed Bayley home offers approximately 1,366 square feet of single-story living with 2 bedrooms, 2 bathrooms, a flexible bonus room, and a 2-car garage. Situated on a 3,619-square-foot homesite, this Spanish-style exterior home provides an excellent opportunity for buyers to make it their own, with time remaining to select upgrades and finishes. The versatile floor plan is ideal for both everyday comfort and entertaining, while leased solar helps support energy-conscious living. Additional highlights include a dedicated flex room, spacious living areas, and a desirable layout designed for today's active adult lifestyle. Combining personalization opportunities, resort-inspired amenities, and beautiful natural surroundings, this Bayley home delivers the perfect blend of comfort, lifestyle, and low-maintenance living in one of Southern California's most sought-after 55+ communities. -Dirt Lot to be Built -Still time to select upgrades -2 Bedrooms, 2 Baths and a Flexroom -Leased Solar -3619sf Lot -Spanish Style Exterior
No exterior & parking available.
Grades K-6 • 14.0 mi
Grades K-8 • 1.6 mi
Grades K-8 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,366 | 2,085.267 |
| Lot Size | 3,619 | 7,551.196 |
| Price | $605.0K | $799.5K |
| Price per sq ft | $443 | $387 |
| Built year | 2026 | 1997 |
| HOA | $340.0 | $148 |
| Days on market | 159 | 64 |
May 19, 2026
$604,990
Initial Listing