26693 Spotted Pony Drive, Corona, California 92883, Corona, 92883 - 3 bed, 2 bath

26693 Spotted Pony Drive, Corona, California 92883 home-pic-0
ACTIVE$610,000
26693 Spotted Pony Drive, Corona, California 92883
3Beds
2Baths
1,281Sqft
341,510,400Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
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 = 341510400, living area = 1281.
Top Cons:
Age of Property: Built in 1990, the home is over 30 years old, potentially indicating a need for updates to major systems (HVAC, plumbing, electrical) or cosmetic renovations to meet modern standards.

Compared to the nearby listings

Price:$610.0K vs avg $765.2K ($-155,250)11%
Size:1,281 sqft vs avg 2,205.5 sqft1%
Price/sqft:$476 vs avg $35996%

More Insights

Built in 1990 (35 years old).
Condition: Built in 1990, this home is well-maintained but shows its age, particularly in the kitchen and bathrooms. The kitchen features original-style light oak cabinets, white tile countertops, and older black appliances, all of which are functional but dated. Bathrooms also exhibit older fixtures and tile work. While clean and move-in ready, significant cosmetic updates are needed to modernize the property and align with current buyer preferences.
Year Built
1990
Close
-
List price
$610K
Original List price
$675K
Price/Sqft
$476
HOA
$110
Days on market
-
Sold On
-
MLS number
IG25119990
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

***For those who enjoy Bright Mornings and don't mind the Lack Of An Afternoon Hot Sunny home in the heart of the vibrant Horsethief Canyon neighborhood this is for you. Single story East facing home offers 3 bedrooms, 2 baths. ***The majority of the sunlight in the morning hours and decreases in the afternoon which makes this home largely shady during these hot months. *** A lifestyle that caters to EVERYONE! Young professionals just starting out to those looking for the ease of a home without stairs!!!! LOW TAXES, NO MELLO ROOS, and an HOA of $110 monthly. This community is as affordable as it is inviting.

Nearby schools

6/10
Rice Canyon Elementary School
Public,K-53.1mi
3/10
Machado Elementary School
Public,K-54.7mi
5/10
Luiseno
Public,K-80.7mi
4/10
Terra Cotta Middle School
Public,6-83.3mi
5/10
Lakeside High School
Public,9-125.3mi
6/10
Temescal Canyon High School
Public,9-125.4mi
Condition Rating
Fair

Built in 1990, this home is well-maintained but shows its age, particularly in the kitchen and bathrooms. The kitchen features original-style light oak cabinets, white tile countertops, and older black appliances, all of which are functional but dated. Bathrooms also exhibit older fixtures and tile work. While clean and move-in ready, significant cosmetic updates are needed to modernize the property and align with current buyer preferences.
Pros & Cons

Pros

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 = 341510400, living area = 1281.
Favorable Sun Exposure: The East-facing orientation provides bright mornings and natural shade in the hot afternoons, a significant comfort advantage in Corona's climate, reducing cooling costs.
Financial Affordability: Benefits from low taxes, no Mello Roos, and a reasonable $110/month HOA, making homeownership more accessible and cost-effective.
Single-Story Design: The single-story layout offers broad appeal, catering to various demographics including those seeking accessibility or ease of living without stairs.
Motivated Seller/Value Potential: Multiple price reductions from the original $675,000 to $610,000 suggest a motivated seller and potential for a competitive purchase price.
Desirable Community: Located in the 'vibrant Horsethief Canyon neighborhood' with an HOA that likely supports community amenities, offering an inviting lifestyle.

Cons

Age of Property: Built in 1990, the home is over 30 years old, potentially indicating a need for updates to major systems (HVAC, plumbing, electrical) or cosmetic renovations to meet modern standards.
Limited Square Footage: At 1281 sqft for a 3-bedroom home, the interior living space may feel constrained for larger families or those desiring more expansive rooms.
Average School Ratings: While schools are nearby, some elementary and high school ratings (e.g., Machado Elementary at 3, Lakeside High at 5) are not exceptionally high, which could be a consideration for families prioritizing top-rated education.

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