3090 Norco Drive, Norco, California 92860, Norco, 92860 - 4 bed, 2 bath

3090 Norco Drive
Norco, California 92860
Property Price
SUMMARY
Analysis of 3090 Norco Drive, Norco, California 92860 reveals a Prime Investment Opportunity with a current list price of $1,035,000—significantly undercutting the $1,075,000 Fair Market Value by 3%. This valuation gap indicates a +$40,000 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Norco Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3090 Norco Drive Subject | $1,035,000* List Price | 4 | 2 | 2,395 | $449 | - |
A 2888 Corydon Ave Sold | $949,000 | 4 | 3 | 2,258 | $420 | 0.5 mi |
B 2606 Corydon Avenue Sold | $1,125,000 | 5 | 3 | 2,807 | $401 | 1.0 mi |
C 3090 Bronco Lane Active | $975,000 List Price | 4 | 2 | 2,225 | $438 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and shows significant pride of ownership with several key updates. While originally built in 1978, it features a refreshed kitchen with stainless steel appliances and granite countertops, an updated primary bathroom with a walk-in shower, and modern laminate flooring throughout. Functional improvements such as newer vinyl windows and a paid-off solar system further elevate its condition above 'Fair', though the older cabinet styles and 1.75 bathroom count prevent an 'Excellent' rating.
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 = 20038, living area = 2395.
- Equestrian Amenities
Perfectly suited for the Norco lifestyle, the property features four horse stalls, a tack room, and a feed shed on a sprawling half-acre lot.
- Energy Efficiency
The home includes a fully paid-off solar system with 27 panels and newer vinyl windows, providing substantial long-term savings on utility costs.
CONSRISKS & DEFICIENCIES
- Low Bathroom Count
With only 1.75 bathrooms for a four-bedroom home, the bathroom-to-bedroom ratio is below modern expectations for a property of this size.
- Dated Interior Finishes
Despite being well-maintained, elements like painted cabinetry and laminate flooring reflect its 1978 origins and may require further updates.
- Market Positioning
A recent price reduction from the original list price suggests the property is still adjusting to find its competitive value in the current market.
About 3090 Norco Drive
Expansive single-story equestrian-friendly property offering the quintessential Norco lifestyle on a 20,037 sq. ft. lot. This well-maintained home features 4 bedrooms, 1.75 bathrooms, and 2,395 sq. ft. of open-concept living space, with a large living room, kitchen, and dining area flowing seamlessly together—ideal for both everyday living and entertaining. The spacious living room is highlighted by beautiful exposed wood beams and a brick wood-burning fireplace with gas starter, creating a warm and inviting focal point. The formal dining area is currently configured as an entertainment space with a pool table and bar, showcasing the flexibility of the floor plan and easily convertible back to a traditional dining area. The dine-in kitchen is both functional and inviting, featuring painted cabinetry, Whirlpool stainless steel appliances, a 5-burner gas cooktop, brand-new dishwasher, and pantry with pull-out shelving. Flooring throughout includes laminate flooring, with tile in the bathrooms. The primary suite is generously sized and comfortably accommodates larger furniture, offering a private retreat with an updated walk-in shower, separate soaking tub, dual-sink vanity, and three spacious closets. The three guest bedrooms include laminate flooring and ceiling fans, and additional hallway storage adds everyday convenience. A separate indoor laundry room is conveniently located just off the garage and provides excellent built-in storage. Recent exterior improvements include fresh exterior paint and newer vinyl windows, enhancing curb appeal and energy efficiency. Outdoor spaces are designed for enjoyment and function, featuring a sparkling swimming pool approximately 9 feet deep, a generously sized spa, and a grassy front yard. Along the side of the home is a fenced dog run currently used as a chicken coop, approximately 8 ft x 20 ft. Equestrian amenities include four horse stalls and two sheds—one for tack and one for storage/feed. Additional highlights include a 3-car attached garage with excellent storage, garage workbench included, 34-ft RV parking, and paid-off solar with 27 panels, providing long-term energy savings. Ideally located near SilverLakes Equestrian & Sports Park, offering convenient access to equestrian facilities, sports fields, and community events. A rare opportunity to own a versatile property that blends generous living space, character details, thoughtful upgrades, outdoor amenities, and Norco’s signature equestrian lifestyle.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 20,038 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,395 | 2,000 | 64% |
| Lot Size | 20,038 | 21,344 | 37% |
| Price | $1.03M | $950.0K | 64% |
| Price per sq ft | $432 | $455 | 40% |
| Built year | 1978 | 1973 | 66% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 183 | 5% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,035,000
$1,049,000
-1% Price Drop
Initial Listing
Price Change
Feb 11, 2026
$1,049,000
$1,075,000
-2% Price Drop
Initial Listing
Price Change
Jan 29, 2026
$1,075,000
Initial Listing
Sold
Jul 1, 2015
$539,500
Public Record
Sold
Oct 4, 2011
$365,000
Public Record
Sold
Nov 13, 1998
$183,000
Public Record


































