
Norco, California 92860
This Spacious Ranch-Style Equestrian Home is a Prime Investment Opportunity, listed at $940,000—positioned well below the $983,729 Fair Market Value by 4%. This valuation gap offers $43,729 in Instant Equity for buyers. Featuring a Move-in Ready Condition Rating, the property includes new flooring, a remodeled primary bathroom, and a private deck. Situated on a half-acre lot in the Corona-Norco Unified district, it provides direct trail access for a unique lifestyle. This is an ideal match for Owner-Occupants or Lifestyle-Driven Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4949 California Avenue Subject | $940,000* List Price | 4 | 2 | 2,501 | $376 | - |
A 4967 Viceroy Sold | $870,000 | 4 | 2 | 1,782 | $488 | 0.2 mi |
B 144 8th Street Sold | $899,999 | 3 | 2 | 2,275 | $396 | 0.3 mi |
C 982 River Drive Sold | $735,000 | 4 | 2 | 1,960 | $375 | 0.9 mi |
D 397 8th Street Sold | $860,000 | 3 | 2 | 1,857 | $463 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent cosmetic updates, including new flooring throughout, fresh interior paint, and a recently remodeled primary bathroom. While the home was built in 1972, the kitchen has been updated with stone countertops and stainless steel appliances. It presents as a well-maintained residence where major systems appear functional and recent renovations have addressed key aesthetic and comfort areas.
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 = 2501.
Situated in Norco’s iconic 'Horse Town USA' near the Santa Ana Riverbed, this property provides direct access to miles of scenic riding and hiking trails, offering a premier lifestyle for horse enthusiasts.
The nearly half-acre lot features a long private driveway and dedicated RV access, providing exceptional privacy and ample space for vehicle storage or potential equestrian facilities.
The property was recently sold within the past year on 2025-08-05. The sold price is $875,000.00.
Built in 1972, the property may soon require maintenance or upgrades to major systems such as roofing, plumbing, or electrical that are typical for a home of this vintage.
The addition of an upstairs bonus room in an otherwise single-story layout may feel disjointed to buyers specifically seeking a seamless, true single-level living experience.
Welcome to Norco’s iconic “Horse Town USA.” This charming 4-bedroom, 2-bathroom ranch-style home sits on a nearly half-acre lot, offering space, privacy, and true equestrian living. A long private driveway with convenient RV access provides ample parking and flexibility. Located near the Santa Ana Riverbed, the property offers direct access to miles of scenic riding and hiking trails—perfect for horse enthusiasts and outdoor adventurers alike. The single-story layout features a spacious living area filled with natural light, complemented by a warm, inviting ranch-style kitchen ideal for gatherings. The freshly painted interior and new flooring throughout create a clean, updated feel, while the recently remodeled primary bathroom adds a touch of modern comfort. A large family room provides additional space to relax or entertain, and an upstairs bonus room opens to an outdoor balcony—an ideal retreat, office, or creative space. With room to roam and a location that embraces Norco’s unique lifestyle, this property offers the perfect blend of comfort, character, and country charm.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,501 | 1,909 | 70% |
| Lot Size | 20,038 | 21,344 | 40% |
| Price | $940.0K | $884.9K | 55% |
| Price per sq ft | $376 | $475 | 18% |
| Built year | 1972 | 1970 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 105 | 170 | 27% |
Jan 7, 2026
$940,000
Initial Listing
Aug 5, 2025
$875,000
Public Record
Aug 16, 2016
$452,000
Public Record