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

3090 Norco Drive, Norco, California 92860 home-pic-0

3090 Norco Drive

Norco, California 92860

ACTIVE
CONDITION: GOOD
4Beds
2Baths
2,395Sq Ft
20,038Lot Size

Property Price

LIST PRICE$1,035,000
EST. MARKET VALUE
$1,075,000
3% BelowMARKET VALUE

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

$1,075,000 +$40,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Norco.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3090 Norco Drive
Subject
$1,035,000*
List Price
422,395$449-
A
2888 Corydon Ave
Sold
$949,000432,258$4200.5 mi
B
2606 Corydon Avenue
Sold
$1,125,000532,807$4011.0 mi
C
3090 Bronco Lane
Active
$975,000
List Price
422,225$4380.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths2.02.0
50%
Square foot2,3952,000
64%
Lot Size20,03821,344
37%
Price$1.03M$950.0K
64%
Price per sq ft$432$455
40%
Built year19781973
66%
HOA$0$0
50%
Days on market37183
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

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