2940 Bavaria, Corona, California 92881, Corona, 92881 - 4 bed, 3 bath
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Corona, California 92881
This Spacious South Corona Residence is a Strong Value Opportunity, listed at $975,000—positioned well below the $1,028,313 Fair Market Value by 5%. This valuation gap provides $53,313 in Instant Equity for the buyer. Boasting a Condition Rating of 4, the well-maintained interior features a Downstairs Bedroom and Full Bath and Mountain Views. While the finishes invite cosmetic modernization, high-value Dual Lennox AC Units and a 10,000 Sqft Pool-Sized Lot offer significant upside. Located in the Corona-Norco Unified District, this home is ideal for Owner-Occupants or multi-generational households.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2940 Bavaria Subject | $975,000* List Price | 4 | 3 | 3,190 | $322 | - |
A 3763 Trinity Sold | $929,900 | 4 | 4 | 2,400 | $387 | 0.9 mi |
B 620 Walnut Sold | $915,000 | 4 | 3 | 2,400 | $381 | 0.9 mi |
C 540 Newport Circle Sold | $1,050,000 | 4 | 3 | 2,862 | $367 | 0.8 mi |
D 3770 Deerlodge Cir Active | $950,000 List Price | 4 | 3 | 2,604 | $365 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is exceptionally well-maintained and move-in ready, but it primarily features original finishes that are now dated. The kitchen and bathrooms retain the original oak cabinetry and white tile/solid-surface countertops typical of the late 90s. While the home benefits from significant mechanical upgrades like newer Lennox AC units and improved insulation, the interior aesthetics—including the flooring, light fixtures, and cabinetry—show signs of being outdated and would require cosmetic modernization to meet current luxury standards.
The 3,190-square-foot floor plan features a highly desirable downstairs bedroom and full bathroom, providing an ideal setup for guests or multi-generational living.
The property includes high-value improvements such as newer dual 3-ton Lennox AC units and upgraded R-30 attic insulation, ensuring superior energy efficiency and comfort.
Situated on a flat lot of nearly 10,000 square feet in a prime South Corona location, the backyard offers a rare blank canvas with ample space for a pool and custom outdoor entertaining area.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3190, other record living area = 2940.
Built in 1998, the interior likely retains original finishes that may require additional investment to meet the aesthetic expectations of modern luxury buyers.
While the lot size is a major asset, the lack of existing professional landscaping or a pool means the buyer must budget for significant exterior development costs.
Spacious South Corona home offering 3,190 square feet of well-designed living space, flat, pool-size lot just under 10,000 square feet. This versatile floor plan features 4 bedrooms plus a bonus room and 3 full bathrooms, including a highly desirable downstairs bedroom and full bathroom -- perfect for guests or multi-generational living. Step inside to find generous living area with plenty of natural light, creating an open and inviting atmosphere ideal for both everyday living and entertaining. The kitchen flows seamlessly into the family room, providing a central gathering space for family and friends. Upstairs, the expansive bonus room offers endless possibilities -- home office, media room, or potential 5th bedroom. The extra-large primary suite provides a comfortable retreat with ample space and privacy. Enjoy the oversized backyard with plenty of room to design your dream outdoor oasis, add a pool, or create the ultimate entertaining space. Attic has extra R-30 batt insulation, newer upstairs and downstairs 3-ton Lennox ac units. Also has a 3-car garage and a prime South Corona Location, close to parks, schools, and shopping. See this one today as it will be gone tomorrow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,190 | 2,400 | 74% |
| Lot Size | 9,583 | 8,712 | 57% |
| Price | $975.0K | $907.5K | 63% |
| Price per sq ft | $306 | $383 | 11% |
| Built year | 1998 | 1998 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 6 | 184 | 3% |
Apr 16, 2026
$975,000
Initial Listing
May 15, 1998
$195,000
Public Record