2400 Mabey Canyon Road, Corona, California 92882, Corona, 92882 - 4 bed, 3 bath
2400 Mabey Canyon Road
Corona, California 92882
Property Price
SUMMARY
Analysis of 2400 Mabey Canyon Road, Corona, California 92882 is currently available with a list price of $4,900,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Corona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
While the main house was built in 1975, the interior images clearly show extensive and modern renovations. The kitchen features contemporary white shaker cabinets, light-colored countertops, and stainless steel appliances. Flooring throughout the main living areas and bedrooms is a consistent, modern wood-look laminate. Lighting consists primarily of recessed fixtures and modern ceiling fans. The visible bathroom vanity also appears updated. The manufactured homes on the property also seem well-maintained and updated, with modern features like mini-split AC units. The property is move-in ready with no immediate cosmetic renovations required. However, given the original build year of 1975, and without explicit information on the age of major systems (HVAC, plumbing, electrical) or the exact date of the renovations, it doesn't quite meet the 'virtually new' standard for an 'Excellent' score. It fits the 'Good' criteria of being extensively renovated within the last 5-15 years and being move-in ready with well-maintained systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 326700, living area = 2297.
- Expansive Acreage & Privacy
The property boasts a sprawling 7.5-acre estate, offering exceptional privacy, space, and potential for further customization, a rare find in the area.
- Multi-Generational Living/Income Potential
Includes three additional well-maintained manufactured homes, providing unique opportunities for multi-generational living, guest accommodations, or significant rental income.
CONSRISKS & DEFICIENCIES
- Age of Main Home
The main home was built in 1975, which may suggest dated interiors or systems that could require significant updates to meet modern luxury standards.
- Inclusion of Manufactured Homes
While offering versatility, the presence of manufactured homes on a luxury estate might be perceived as a lower-quality housing type by some buyers or lenders, potentially impacting valuation.
- High Maintenance Requirements
The extensive 7.5-acre property with meticulously developed grounds and a large resort-style pool implies significant ongoing maintenance costs and time commitment for upkeep.
About 2400 Mabey Canyon Road
This 2,297 sqft, 4-bedroom, 3-bathroom home sits on a sprawling 7.5-acre estate designed for luxury, entertainment, and privacy. The meticulously developed 3-acre resort-style grounds feature cement walkways, lush turf, staircases, and an ATV-accessible route that seamlessly connects all residences.Beyond the main home, this estate includes three additional manufactured homes, offering exceptional opportunities for multi-generational living, guest accommodations, or rental income. The first unit is a 1-bedroom, 1-bathroom home, while the second and third each offer 3 bedrooms and 2 bathrooms, all well-maintained and move-in ready. At the heart of this estate is the stunning resort-style pool area, built for both relaxation and unforgettable gatherings. This expansive pool features multiple waterslides, an in-ground bar, and several outdoor patios, creating the perfect setting for entertaining, hosting events, or simply unwinding while enjoying the breathtaking surroundings. Beyond the developed grounds, the remaining acreage extends into the scenic hillside, offering additional privacy, space, and endless potential for further customization. Whether you’re seeking a private retreat, an income-producing investment, or a one-of-a-kind estate to call home, this rare gem in Corona offers unparalleled versatility and charm. Schedule a private tour today to experience the beauty and possibilities of this extraordinary estate!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 326,700 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,297 | 1,941 | 68% |
| Lot Size | 326,700 | 7,405 | 98% |
| Price | $4.90M | $807.5K | 99% |
| Price per sq ft | $2.1K | $422 | 99% |
| Built year | 1975 | 1988 | 34% |
| HOA | $0 | $0 | 50% |
| Days on market | 366 | 179 | 99% |
Pricing History
No pricing history data available.