3563 Pedley Avenue, Norco, California 92860, Norco, 92860 - 3 bed, 2 bath
3563 Pedley Avenue
Norco, California 92860
Property Price
SUMMARY
Analysis of 3563 Pedley Avenue, Norco, California 92860 reveals a Fairly Priced Property with a current list price of $2,210,000 aligned with the estimated $2,210,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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 |
|---|---|---|---|---|---|---|
★ 3563 Pedley Avenue Subject | $2,210,000* List Price | 3 | 2 | 1,978 | $1,117 | - |
A 361 Spur Active Under Contract | $2,100,000 List Price | 4 | 2 | 1,984 | $1,058 | 0.7 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 has undergone significant recent updates, including a new master bathroom, fresh interior/exterior paint, and new carpeting. Key systems are modernized with copper plumbing, a tankless water heater, and paid-off solar panels. While the original structure dates to 1954, the extensive maintenance and recent cosmetic and functional improvements to both the main house and the studio unit, along with the well-maintained equestrian facilities, align with the 'good' condition category.
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 = 103673, living area = 1978.
- Premier Equestrian Facilities
Zoned for 20 horses, this estate features a 16-stall Castle Brook breezeway barn, a massive 240’ x 275’ riding arena, and a 4-horse Priefert walker, offering a turnkey setup for professional trainers or enthusiasts.
- Dual-Residence Versatility
The property includes a recently updated main house and a separate 638 sq ft studio unit with its own entrance and yard, providing excellent opportunities for rental income or multi-generational living.
CONSRISKS & DEFICIENCIES
- Incomplete Arena Fencing
The large-scale riding arena is currently not fully fenced in the front, which may require immediate additional investment to ensure safety and containment for livestock.
- Inactive Specialized Systems
The barn's automatic fly system is currently inactive, potentially necessitating repairs or maintenance to restore the high-standard environment expected in a premium equestrian facility.
About 3563 Pedley Avenue
New Price! Do not Miss out on this Equestrian Property – Formerly Known as Pepperglen Farms! Located in the heart of Horse Town USA, this stunning 2.38-acre estate, zoned for 20 horses, is the perfect blend of rural charm and modern convenience, featuring two residences and extensive equestrian facilities. Perfect Ranch for Kids Summer Horse Camp, ride and swim! Residential Features: Main House: 1,340 sq ft | 2 Bedrooms | 2 Baths. Recently updated with: *Fresh interior and exterior paint *New master bath *New carpet in bedrooms *Tile flooring in bathrooms and kitchen *Wood flooring in main living areas *Country-style kitchen with granite countertops *Upgraded windows & copper plumbing *Tankless water heater *PAID OFF solar panels *Inside laundry *French door entry to home office *Relaxing backyard with pool and spa Studio Unit: 638 sq ft *Open Alcove Bedroom, 1 Bath *Brand new roof * New interior and exterior paint *Kitchen & *Living room *Separate entrance with fenced yard – perfect for guests or rental income. Property has two water meters, Residential & Agricultural (for horse facilities), Upgraded main sewer line. Equestrian Facilities: This property is a dream for horse lovers, trainers, or anyone in the equine industry. *Castle Brook Breezeway Barn – 16 stalls, including (2) oversized 16x12 foaling stalls, Welded wire runs behind stalls, (4) stalls converted for tack and vet use, Mattress rubber mats, Barn has recently been treated for termites, Interior wash area, lighting, fans, misters, concrete aisle, tack lockers, fire sprinklers, Mattress rubber mats in stalls, Automatic fly system (fly system is currently inactive). Room for additional Mare Motel, Riding Arena - 240’ x 275’ – jumping-size with Irish Bank, currently not fully fenced in front, Covered viewing stand located at riding arena. Additional Horse Amenities: *Newer 4-horse Priefert panel walker/exerciser *Storage shed *Restroom & washer & dryer on horse property. Grounds & Landscaping: Lush, landscaped planters and mature trees and fruit trees in a Park-Like setting throughout the property. This is a rare opportunity to own a turnkey equestrian estate in a sought-after location. Whether you're a professional equestrian or simply passionate about horses, this property is ready to accommodate your vision.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1954
- Lot Size
- 103,673 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | 3.0 | 4.0 | 45% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,978 | 1,984 | 49% |
| Lot Size | 103,673 | 21,344 | 95% |
| Price | $2.21M | $950.0K | 98% |
| Price per sq ft | $1.1K | $459 | 98% |
| Built year | 1954 | 1972 | 12% |
| HOA | $0 | $0 | 50% |
| Days on market | 129 | 183 | 29% |
Pricing History
Listed for Sale
Feb 28, 2026
$2,210,000
$2,230,000
-1% Price Drop
Initial Listing
Price Change
Jan 19, 2026
$2,230,000
$2,249,500
-1% Price Drop
Initial Listing
Price Change
Oct 29, 2025
$2,249,500
Initial Listing