27220 Modjeska Court, Corona, California 92883, Corona, 92883 - 3 bed, 2 bath
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27220 Modjeska Court
Corona, California 92883
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,618Sq Ft
7,536Lot Size
Property Price
LIST PRICE$648,990
EST. MARKET VALUE
$656,990
SUMMARY
This Brand New Single-Story Residence represents a Prime Investment Opportunity, listed at a List Price of $656,990—positioned well below the $671,966 Fair Market Value by 2%. This valuation gap offers $14,976 in Instant Equity. Featuring a 2027 Construction Date and an Excellent Condition Rating, this energy-efficient home includes a modern kitchen and scenic mountain views. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, low-maintenance lifestyle in the Lake Elsinore Unified district.
Estimated Market Value
$656,990
Based on Realkey algorithm analyzing recent comparable sales in Corona.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27220 Modjeska Court Subject | $648,990* List Price | 3 | 2 | 1,618 | $406 | - |
A 27174 Denali Court Sold | $671,662 | 3 | 2 | 1,618 | $415 | 0.1 mi |
B 27186 Denali Court Sold | $724,620 | 4 | 2 | 2,026 | $358 | 0.1 mi |
C 26730 Black Horse Sold | $700,000 | 4 | 3 | 1,592 | $440 | 0.5 mi |
D 26879 Eagle Run Street Sold | $625,000 | 3 | 3 | 1,320 | $473 | 0.7 mi |
E 27222 Denali Court Sold | $710,990 | 4 | 2 | 2,026 | $351 | 0.1 mi |
F 27381 Echo Canyon Court Sold | $660,000 | 4 | 3 | 1,748 | $378 | 0.2 mi |
G 12780 Fuji Circle Sold | $705,000 | 4 | 2 | 2,026 | $348 | 0.1 mi |
H 26819 Colt Sold | $595,000 | 3 | 3 | 1,592 | $374 | 0.5 mi |
I 12777 Olympus Circle Pending | $639,990 List Price | 3 | 2 | 1,618 | $396 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Brand new construction (2027) featuring a modern kitchen with stainless steel appliances, energy-efficient systems, and solar power, requiring zero maintenance.
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 = 7536, living area = 1618.
- Modern New Construction
As a 2027 build, this home offers the latest in energy efficiency, 9-foot ceilings, and a contemporary open-concept layout that meets modern buyer preferences.
- Desirable Single-Story Layout
The single-level Monteverdi floor plan provides excellent accessibility and flow, making it a highly sought-after option for a diverse range of buyers from families to retirees.
CONSRISKS & DEFICIENCIES
- Delayed Occupancy
The property is currently under construction with a 2027 completion date, which may not suit buyers requiring immediate relocation or those wary of construction timelines.
- Additional Solar Expense
The requirement for the buyer to either lease or purchase the solar system represents an additional financial obligation beyond the base listing price.
About 27220 Modjeska Court
Beautiful Single-Story Monteverdi community 3 bedrooms 2 baths. Open concept living area. The kitchen boasts a walk-in pantry, island, Whirlpool(R) stainless steel appliances, and a single basin sink. The primary bedroom includes a spacious walk-in closet and plush carpet. This home features 9-foot ceilings. Outdoor space is landscaped with water-efficient plants. Area is surrounded with beautiful mountain views. Walking trails, schools and shopping nearby. Energy Efficient Home. Photo is a rendering of the model. Buyer can either lease or purchase the Solar. under construction
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2027
- Lot Size
- 7,536 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $100.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,618 | 2,090.633 |
| Lot Size | 7,536 | 7,602.575 |
| Price | $649.0K | $797.0K |
| Price per sq ft | $401 | $388 |
| Built year | 2027 | 1996 |
| HOA | $100.0 | $147 |
| Days on market | 12 | 63 |
Pricing History
Listed for Sale
Aug 30, 2026
$648,990
$656,990
-1% Price Drop
Initial Listing
Price Change
Aug 28, 2026
$656,990
Initial Listing