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2947 Gilbert, Corona, California 92881, Corona, 92881 - 5 bed, 5 bath

2947 Gilbert, Corona, California 92881 home-pic-0
ACTIVE$1,469,000$3,947/sqft
Est. Value: $1,385,513
-5%
AboveEstimate
2947 Gilbert, Corona, California 92881
5Beds
5Baths
3,947Sqft
15,246Lot

Price Vs. Estimate

The estimated value ($1,385,513.315) is $83,486.685 (5%) lower than the list price ($1,469,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Construction & Generous Interior Space: Built in 2014, this executive home offers nearly 4,000 square feet of contemporary living space, appealing to buyers seeking modern amenities and ample room.
Top Cons:
Undeveloped Backyard Requires Investment: The backyard is described as a 'blank canvas,' meaning significant additional investment in time and money will be required from the buyer to develop desired amenities like an ADU, pool, or extensive landscaping.

Compared to the nearby listings

Price:$1.47M vs avg $897.5K (+$571,500)88%
Size:3,947 sqft vs avg 2,482 sqft96%
Price/sqft:$372 vs avg $39136%

More Insights

Built in 2014 (12 years old).
Condition: Built in 2014, this property is move-in ready with recent updates to flooring and paint throughout the main living areas and bedrooms, giving it a fresh feel. The kitchen and bathrooms, while clean, spacious, and fully functional with granite countertops and tile flooring, reflect their original 2014 construction style rather than a recent, extensive renovation. All major systems appear well-maintained and within their expected lifespan, aligning with a 'good' condition rating.
Year Built
2014
Close
-
List price
$1.47M
Original List price
$1.47M
Price/Sqft
$372
HOA
-
Days on market
-
Sold On
-
MLS number
CV26009837
Home ConditionGood
Features
Patio
View-

About this home

This South Corona executive home offers a rare combination of modern construction (built in 2014) and expansive space, both inside and out. With nearly 4,000 square feet of living space on a massive 15,246 square foot lot, it is designed for both privacy and high-end entertaining. Spacious Layout: 5 bedrooms and 4.5 bathrooms, including a highly desirable two-bedroom setup on the first floor with a full bath plus a guest powder room. Executive Primary Suite: Features a double-door entry, walk-in closets, and a spa-like bathroom with a double sink vanity, soaking tub, and separate shower. Gourmet Kitchen & Family Room: An open-concept kitchen with a large granite island flows into a family room anchored by one of the home's two fireplaces. Outdoor Potential: The oversized backyard is a blank canvas with enough room to add an ADU (Accessory Dwelling Unit), a large swimming pool, or a sport court. The property is situated in a sought-after neighborhood within walking distance of top-tier Corona-Norco Unified School District schools and local recreation: Two nearby city parks for outdoor activities.

S
Sam Zaidi
Listing Agent

Price History

Date
Event
Price
12/27/13
Sold
$620,000
Condition Rating
Good
Built in 2014, this property is move-in ready with recent updates to flooring and paint throughout the main living areas and bedrooms, giving it a fresh feel. The kitchen and bathrooms, while clean, spacious, and fully functional with granite countertops and tile flooring, reflect their original 2014 construction style rather than a recent, extensive renovation. All major systems appear well-maintained and within their expected lifespan, aligning with a 'good' condition rating.
Pros & Cons

Pros

Modern Construction & Generous Interior Space: Built in 2014, this executive home offers nearly 4,000 square feet of contemporary living space, appealing to buyers seeking modern amenities and ample room.
Expansive Lot with Development Potential: The massive 15,246 square foot lot is a significant asset, providing a 'blank canvas' with enough room to add an ADU, a large swimming pool, or a sport court, offering substantial customization opportunities.
Versatile & Luxurious Layout: With 5 bedrooms and 4.5 bathrooms, including a highly desirable two-bedroom setup on the first floor and an executive primary suite with spa-like features, the layout caters to diverse family needs and luxury living.
Gourmet Kitchen & Open Concept Living: The open-concept kitchen, featuring a large granite island, flows seamlessly into the family room, creating an ideal space for modern entertaining and family gatherings.
Desirable Location with Top Schools: Situated in a sought-after South Corona neighborhood, the property benefits from being within walking distance to top-tier Corona-Norco Unified School District schools and local city parks, enhancing its family appeal.

Cons

Undeveloped Backyard Requires Investment: The backyard is described as a 'blank canvas,' meaning significant additional investment in time and money will be required from the buyer to develop desired amenities like an ADU, pool, or extensive landscaping.
Lack of Scenic Views: The property explicitly states 'None' for views, which may be a drawback for buyers prioritizing panoramic or specific scenic outlooks from their home.
Large Lot Maintenance: While the large 15,246 sqft lot offers great potential, it also implies higher ongoing maintenance costs and time commitment for landscaping and upkeep, which could be a consideration for some buyers.
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