
Santa Ana, California 92704
Analysis of 842 S Corta Drive, Santa Ana, California 92704 is currently available with a list price of $2,500,000. 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 Santa Ana 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.
Property is move-in ready.
The property is move-in ready and well-maintained, with the majority of the square footage (the 2007 addition and 2009 ADU) being relatively modern. While the original structure dates to 1960, the overall estate features updated kitchens, functional systems, and a solar power installation, meeting the criteria for a well-kept property within the 10-20 year age range for its primary components.
The property features three distinct living spaces—a main residence, a 2007 addition, and a detached ADU—offering unparalleled flexibility for multi-generational living or significant rental income potential with separate entrances and laundry facilities.
Situated on an expansive 12,197 sqft lot, the property boasts a private 'garden sanctuary' with mature exotic fruit trees, RV access, and a secure electric gate, creating a resort-style atmosphere.
With substantial additions completed in 2007 and 2009, much of the 4,358 sqft living area is significantly newer than the original 1960 build, complemented by a solar system servicing all units.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12197, other record lot size in square feet = 12085. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4358, other record living area = 1751. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 8, other record bedroom count = 4.
The 12-panel solar system is leased rather than owned, which requires the buyer to assume an existing contract and may complicate the financing process or increase monthly fixed costs.
At a $2.9M list price, the property is positioned at a significant premium for the Santa Ana area, which may limit the pool of qualified buyers to niche investors or specific multi-generational families.
Priced to Sell!This is the kind of property that rarely comes to market.Featuring a main residence, a substantial private addition (built in 2007), and a detached guest house/ADU (built in 2009), this exceptional estate offers flexibility, privacy, and opportunity--all on one impressive lot.Collectively offering 8 bedrooms, 5 bathrooms, and three separate living spaces--each with its own dedicated laundry area--this property is ideally suited for multi-generational living, extended family, or multiple income streams.The 1,751 sq ft main residence welcomes you with bright, sun-filled living areas, a functional layout ideal for both daily living and entertaining, three well-sized bedrooms including a primary suite, and an attached two-car garage.The 1,904 sq ft addition has its own private entrance and three separate access points, creating exceptional independence. This spacious unit includes three oversized bedrooms, two bathrooms (including a primary suite), a large living room, dining area, and an expansive eat-in kitchen with sliding door access to the outdoors. French doors open to a private patio retreat complete with a tranquil water fountain and lush landscaping.The 842 sq ft detached ADU adds even more versatility with two bedrooms and its own dedicated living space--perfect for extended family, guests, a home office, or rental income.Additional highlights on this property includeRV access with a long driveway secured by an electric gate, abundant dedicated parking for each unit and a 12 panel leased solar system serviciing all 3 units. The outdoor grounds are a true garden sanctuary, featuring an impressive collection of mature and exotic fruit trees and plants including star fruit, mango, banana, avocado, dragon fruit, pomegranate, jasmine, plumeria, Thai medicinal plants, and more--creating a private, resort-style setting that feels worlds away.Conveniently located near Mile Square Regional Park, shopping, schools, dining, major transportation routes, and just minutes to the beaches, this property offers both lifestyle and long-term investment potential.'Potential for senior housing, board & care, or multi-generational living (buyer to verify use and zoning)'. Please note there is no automatica fire protection sprinkler system in any of the 3 units.Whether you're an owner-occupant looking for flexibility or an investor seeking strong rental upside, this is a rare opportunity to own a truly adaptable estate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 8.0 | 3.0 | 98% |
| Baths | 5.0 | 2.0 | 94% |
| Square foot | 4,358 | 1,466 | 98% |
| Lot Size | 12,197 | 6,100 | 98% |
| Price | $2.50M | $970.0K | 98% |
| Price per sq ft | $574 | $667 | 27% |
| Built year | 1960 | 1963 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 85 | 152 | 24% |
Mar 17, 2026
$2,500,000
$2,800,000
-11% Price Drop
Initial Listing
Mar 8, 2026
$2,800,000
$2,500,000
+12% Price Increase
Initial Listing
Mar 6, 2026
$2,500,000
$2,900,000
-14% Price Drop
Initial Listing
Jan 27, 2026
$2,900,000
Initial Listing