27520 Coyote Mesa Drive, Corona, California 92883, Corona, 92883 - 3 bed, 3 bath
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Corona, California 92883
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $649,900—positioned well below the $688,038 Fair Market Value by 5%. This valuation gap offers $38,138 in Instant Equity. Featuring a recently remodeled kitchen, solar with battery backup, and a private backyard with turf, the home maintains a Condition Rating of 2. Backing the Cleveland National Forest, it offers scenic mountain views and resort-style community amenities. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a modern, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27520 Coyote Mesa Drive Subject | $649,900* List Price | 3 | 3 | 1,798 | $383 | - |
A 13493 Fairfield Drive Sold | $585,000 | 3 | 2 | 1,639 | $357 | 0.5 mi |
B 27507 Fallbrook Court Sold | $600,000 | 3 | 2 | 1,639 | $366 | 0.3 mi |
C 27353 Echo Canyon Court Sold | $645,000 | 3 | 3 | 1,591 | $405 | 0.9 mi |
D 27240 Arrow Point Trail Sold | $735,000 | 4 | 2 | 2,176 | $338 | 0.4 mi |
E 27407 Santa Fe Court Sold | $730,000 | 4 | 3 | 2,255 | $324 | 0.2 mi |
F 27432 Cobble Sold | $675,000 | 3 | 2 | 1,442 | $468 | 0.5 mi |
G 27381 Echo Canyon Court Active | $660,000 List Price | 4 | 3 | 1,748 | $378 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2002, the home features a kitchen remodeled within the last 2 years (meeting the <5y reno criteria) with modern soft-close cabinetry. It also boasts newer flooring, a low-maintenance backyard with turf, and significant system upgrades including solar panels with battery backup.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1798.
The home features a recently remodeled kitchen with soft-close cabinetry and modern storage solutions, complemented by a solar power system with battery backup for significant utility savings.
The property is located in a community with no Mello-Roos and a relatively low HOA fee, offering a substantial monthly cost advantage compared to other master-planned developments in Corona.
The assigned public schools have relatively low ratings, specifically a 3/10 for the elementary school and a 4/10 for the middle school, which may be a concern for education-focused buyers.
While the home offers a versatile loft, it only contains three dedicated bedrooms, which may limit its appeal to larger families compared to true four-bedroom homes in the same price bracket.
Nestled in the highly desirable Horsethief Canyon Ranch community, this beautiful 3-bedroom, 2.5-bath home offers the perfect blend of comfort, style, and Southern California living. The home features a versatile loft that can easily be used as a fourth bedroom, home office, playroom, or flex space to fit your lifestyle needs. The property features solar and battery backup. No MELLO-ROOS. Featuring an inviting floor plan, the home showcases newer flooring throughout the downstairs living areas and a recently remodeled kitchen completed just two years ago. Thoughtfully designed for both functionality and elegance, the kitchen includes soft-close drawers, hidden appliance cabinets for a clean modern look, and convenient Lazy Susan storage features. Step outside to your private backyard retreat complete with low-maintenance turf and a covered patio with ceiling fans, creating the perfect space to relax, entertain guests, or enjoy outdoor dining year-round. Located in the scenic foothills of Corona, backing up to the beautiful Cleveland National Forest, residents enjoy access to exceptional Horsethief Canyon Ranch amenities. The community includes multiple resort-style pools and spas, clubhouse, fitness center, parks, sports courts, walking trails, dog park, playgrounds, baseball and soccer fields, tennis courts, and beautifully maintained greenbelts. The community also offers nearby schools, shopping, and convenient freeway access. Ideally situated approximately an hour from Southern California’s beautiful beaches, mountain resorts, and outdoor recreation destinations, this home offers the best of both convenience and lifestyle.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 3.5 mi
Grades K-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,798 | 2,156 | 31% |
| Lot Size | 9,148 | 6,534 | 78% |
| Price | $649.9K | $735.9K | 19% |
| Price per sq ft | $361 | $358 | 52% |
| Built year | 2002 | 2004 | 39% |
| HOA | $120.0 | $120 | 50% |
| Days on market | 25 | 169 | 3% |
May 22, 2026
$649,900
Initial Listing
Mar 13, 2015
$338,500
Public Record
Sep 10, 2013
$320,000
Public Record
Jan 15, 2009
$270,000
Public Record
Nov 12, 2002
$251,000
Public Record