
Corona, California 92882
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $925,000—positioned above the $893,989 Fair Market Value by 3%. While the property carries a Condition Rating of 4, it offers significant lifestyle appeal through its private pool and spa and 33-panel solar system. The home provides a solid foundation for cosmetic modernization to drive future appreciation. Located in the Corona-Norco Unified district, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-maintained home with immediate value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3052 Drake Street Subject | $925,000* List Price | 4 | 3 | 2,302 | $388 | - |
A 1072 Silvercreek Road Sold | $913,000 | 5 | 3 | 2,517 | $363 | 0.3 mi |
B 3059 Vera Cruz Sold | $800,000 | 4 | 3 | 2,160 | $370 | 0.2 mi |
C 660 Glen Springs Sold | $910,000 | 5 | 3 | 2,405 | $378 | 0.9 mi |
D 1240 Nina Lane Sold | $850,000 | 4 | 3 | 2,302 | $369 | 0.0 mi |
E 680 Avenida Terrazo Sold | $832,500 | 4 | 3 | 2,224 | $374 | 0.9 mi |
F 2425 Centennial Way Sold | $987,870 | 4 | 3 | 2,540 | $389 | 0.7 mi |
G 1278 Millbrook Active | $930,000 List Price | 4 | 3 | 2,326 | $400 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the home is 28 years old and retains its original dated kitchen and bathroom finishes, including oak cabinetry and white tile countertops. While the property is exceptionally well-maintained and features a newer HVAC system and updated stainless steel appliances, the overall aesthetic and primary systems/surfaces fall into the >20-year 'dated' category requiring updates.
The property features a private backyard oasis on an expansive 9,148 sqft lot, complete with a sparkling pool, spa, and ample space for year-round outdoor entertaining.
With 2,302 sqft of living space, the home offers an airy feel through soaring cathedral ceilings, a formal dining room, and a large primary suite with vaulted ceilings.
The residence includes a newer HVAC system, an oversized 3-car garage with an extra-wide driveway, and a 33-panel solar system to enhance energy efficiency.
The 33-panel solar system is leased rather than owned, requiring the buyer to assume a contractual agreement which may impact monthly debt-to-income ratios.
Despite its desirable South Corona location, the property record indicates no significant views, which may be a disadvantage compared to neighboring hillside properties.
Welcome home to this beautifully maintained residence nestled in one of South Corona’s most desirable neighborhoods. From the moment you arrive, the charming curb appeal, inviting front porch, and elegant double door entry create a warm and welcoming first impression. Step inside to a light-filled floor plan thoughtfully designed for both everyday comfort and memorable gatherings with family and friends. The spacious formal living room showcases soaring cathedral ceilings that add an airy sense of openness, while the cozy family room with its inviting fireplace offers the perfect place to relax at the end of the day. The formal dining room provides an ideal setting for holiday dinners and special occasions, creating a home that truly embraces togetherness. The kitchen is beautifully appointed with stainless steel appliances and flows seamlessly into the main living spaces, making entertaining easy and enjoyable. A generously sized laundry room adds convenience to daily living. Upstairs, the spacious primary suite offers a peaceful retreat with vaulted ceilings, a large walk-in closet, and plenty of room to relax and recharge.Step outside into your own private backyard oasis where an expansive lot, sparkling pool, and soothing spa invite you to enjoy sunny California days and warm summer evenings with loved ones. Whether hosting weekend barbecues or simply unwinding after a long day, this outdoor space is designed to be enjoyed year-round. Additional upgrades include recent exterior paint, a newer HVAC system, recessed lighting, ceiling fans, and window blinds throughout. The oversized 3-car garage and extra-wide driveway provide plenty of space for vehicles, recreational toys, and guests. To top it all off, the leased 33-panel solar system helps keep energy costs down, while the very low taxes make this home an incredible opportunity for comfortable and affordable South Corona living.
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 | 2,302 | 1,856 | 66% |
| Lot Size | 9,148 | 7,841 | 75% |
| Price | $925.0K | $820.0K | 76% |
| Price per sq ft | $402 | $427 | 42% |
| Built year | 1996 | 1987 | 76% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 144 | 5% |
May 21, 2026
$925,000
Initial Listing