3361 Penelope Ln, Corona, California 92882, Corona, 92882 - 3 bed, 3 bath
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Corona, California 92882
This Upgraded Suburban Residence is a Strong Value Opportunity, listed at $765,000—positioned well below the $814,242 Fair Market Value by 6%. This valuation gap provides $49,242 in Instant Equity. Boasting a Move-In Ready Condition, the home features a remodeled primary suite, granite kitchen, and high-efficiency upgrades including paid-off solar and a Tesla battery backup. Located in the desirable Mountain Gate community within the Corona-Norco Unified district, it offers immediate lifestyle benefits and long-term utility savings. This is an ideal match for Owner-Occupants or growing families seeking a turnkey, energy-independent sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3361 Penelope Ln Subject | $765,000* List Price | 3 | 3 | 1,941 | $419 | - |
A 3133 Windhaven Way Sold | $805,000 | 4 | 3 | 2,187 | $368 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership with several high-value updates. While built in 2000, it features a recently remodeled primary bathroom with modern tile and a frameless shower, an upgraded kitchen with granite countertops and stainless steel appliances, and significant system improvements including paid-off solar, a Tesla battery backup, and a whole-house fan. The hardwood flooring and overall maintenance level exceed the typical 'fair' condition for its age.
The property features fully paid-off solar panels and a Tesla battery backup system, offering significant long-term utility savings and power reliability for the homeowner.
The home boasts a recently remodeled primary bathroom and an upgraded kitchen with granite countertops, complemented by a spacious loft that provides the flexibility to easily add a fourth bedroom.
Situated in the desirable Mountain Gate community, the residence is within walking distance of top-rated schools and offers access to private gated parks and scenic greenbelts with a very low HOA fee.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At 3,920 square feet, the lot is relatively compact for a single-family residence, which may restrict outdoor activities or future expansions compared to larger parcels in the area.
Despite its location in a community known for its landscape, the property listing specifies no views, which may be a disadvantage for buyers seeking the hillside or city light vistas common in Corona.
Beautiful two-story home located in the desirable Mountain Gate community of Corona, featuring 3 bedrooms, 2.5 bathrooms, warm hardwood flooring and a spacious loft that can easily be converted into a 4th bedroom. This light-filled home offers an open-concept floor plan, with the kitchen seamlessly flowing into the breakfast nook and expansive family room, complete with a cozy gas fireplace, ceiling fan, and warm wood flooring throughout the main level. The home also includes separate formal living and dining areas, perfect for entertaining. The upgraded kitchen boasts granite countertops, under-cabinet lighting, and stainless steel appliances. The primary suite features a recently remodeled bathroom with large frameless walk-in shower, his and her sinks, walk-in closet, ample storage, grey tile flooring and a soaking tub with chandelier. Two additional generously sized bedrooms offer custom paint and window treatments, along with convenient storage. Step outside to a beautifully landscaped backyard with ample shade, making it ideal for relaxing or entertaining, complete with two nectarine trees, a playground structure and 3 large garden beds, if you so desire. Recent upgrades include a new garage door, vinyl fencing, and an energy-efficient whole house fan. The home also features fully paid-off solar and a Tesla battery backup system. Conveniently located within walking distance near excellent rated schools, shopping centers, restaurants, with easy access to major freeways. The community offers a private gated playground and access to a scenic greenbelt, perfect for walking, running, and outdoor enjoyment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 32% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,941 | 1,905 | 53% |
| Lot Size | 3,920 | 7,405 | 5% |
| Price | $765.0K | $810.0K | 38% |
| Price per sq ft | $394 | $422 | 37% |
| Built year | 2000 | 1987 | 89% |
| HOA | $80.0 | $0 | 79% |
| Days on market | 7 | 181 | 1% |
Apr 15, 2026
$765,000
Initial Listing
Oct 31, 2019
$510,000
Public Record
Dec 4, 2012
$328,000
Public Record
Sep 11, 2009
$301,000
Public Record
Feb 10, 2005
$460,000
Public Record
Dec 12, 2003
$368,000
Public Record
Aug 13, 2003
$342,000
Public Record