
Corona, California 92882
This 3-bedroom detached condominium represents a Strong Value Opportunity, listed at $774,000—positioned well below the $775,000 Fair Market Value by 0.13%. This valuation gap offers $1,000 in Instant Equity. With a Fair Condition Rating, the home features a versatile loft and durable laminate flooring, providing a solid foundation for cosmetic updates. Located in the desirable Mountain Gate community within the Corona-Norco Unified School District, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a functional, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 255 Roxanne Subject | $774,000* List Price | 3 | 3 | 1,941 | $399 | - |
A 922 Naples Active | $725,000 List Price | 3 | 3 | 1,496 | $485 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, this 24-year-old property is well-maintained and move-in ready but features dated builder-grade finishes and original-style fixtures in the bathrooms. Because it is over 20 years old without a significant recent renovation, it meets the 'Fair' criteria for needing cosmetic updates to meet modern standards.
The home features a functional floor plan with a spacious upstairs loft that offers the potential for a fourth bedroom conversion, providing excellent flexibility for growing families.
Situated in the highly sought-after Mountain Gate community, the property offers convenient access to local parks, extensive hiking trails, and the reputable Corona-Norco Unified School District.
The interior is finished with durable laminate and tile flooring throughout, offering a modern aesthetic while eliminating the need for high-maintenance carpeting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3592, other record lot size in square feet = 3484. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
With a lot size of 3,592 square feet, the backyard and exterior areas are relatively compact, which may be a drawback for buyers seeking significant garden or play space.
The property is noted as having no views, which may affect its competitive positioning against other homes in the elevated Corona area that offer mountain or city light vistas.
Welcome to this beautiful 3-bedroom, 2.5-bath home located in the highly sought-after Mountain Gate community. This detached condominium features a spacious and functional floor plan with a bright living room, formal dining area, and an inviting family room that opens to the kitchen, creating the perfect space for both everyday living and entertaining. Upstairs, you'll find a versatile loft that offers the potential to be converted into a fourth bedroom, along with the convenience of an upstairs laundry room. The primary suite serves as a private retreat, featuring laminate flooring, a walk-in closet, dual vanities, and a separate soaking tub and shower. The secondary bedrooms and loft are finished with durable laminate flooring, while the main level offers laminate flooring throughout the living spaces and tile flooring in the kitchen and family room. Residents of Mountain Gate enjoy access to a nearby community park and are conveniently located near shopping, dining, schools, and an abundance of hiking trails and outdoor recreation. This home combines comfort, functionality, and a desirable location, making it an excellent opportunity for its next owner.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 35% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,941 | 1,856 | 57% |
| Lot Size | 3,592 | 7,841 | 6% |
| Price | $774.0K | $810.0K | 39% |
| Price per sq ft | $399 | $428 | 39% |
| Built year | 2000 | 1987 | 90% |
| HOA | $80.0 | $0 | 78% |
| Days on market | 40 | 143 | 3% |
Jun 3, 2026
$774,000
$775,000
+0% Price Increase
Initial Listing
Apr 28, 2026
$775,000
Initial Listing
Oct 23, 2024
$750,000
Public Record
Dec 11, 2000
$212,000
Public Record