
Corona, California 92883
This Upgraded Montecito Ranch Estate is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,267,498 Fair Market Value by 5%. This valuation gap provides $67,498 in Instant Equity for the incoming owner. Boasting a Mint Condition Rating, the residence features a chef’s kitchen, solar with backup battery, and a resort-style rock pool and spa with sweeping mountain views. With access to the 9/10 rated Temescal Valley Elementary, this home perfectly balances a luxury lifestyle with financial upside. It is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking for a high-equity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8578 Hunt Canyon Subject | $1,200,000* List Price | 4 | 4 | 3,629 | $349 | - |
A 8550 Hunt Canyon Road Active | $1,095,900 List Price | 5 | 4 | 3,629 | $302 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 2003, the property has undergone significant recent renovations including a chef's kitchen with soft-close cabinetry, wood-look tile flooring, and crown molding. Major systems are highly rated with a newer AC unit, solar with backup battery, and a whole-house fan, placing it in mint, move-in-ready condition.
Elementary School: Temescal Valley Elementary School (9/10).
The property features an exceptional backyard retreat with a rock pool, slide, spa, built-in BBQ, and fire pit, offering a premium space for Southern California entertaining.
Equipped with solar power and a backup battery, a whole house fan, and extensive smart home features, the home provides significant utility savings and modern convenience.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
While the assigned schools are highly rated, the middle and high schools are located over 4 and 5 miles away respectively, which may be a drawback for families with students.
Proximity to the I-15 corridor, while convenient for access, often involves significant peak-hour traffic congestion common to the Corona and Temescal Valley area.
Set on a private corner lot within the prestigious Montecito Ranch community, this beautifully upgraded residence captures the essence of Southern California living with space, style, and sweeping mountain views. Spanning 3,629 sq ft, the home features 4 bedrooms, 4 bathrooms, and a versatile loft, with only one neighboring property enhancing its sense of privacy. Designed for both comfort and entertaining, the interior showcases wood-look tile flooring, crown molding, a chef’s kitchen with soft-close cabinetry, pull-out shelving, and reverse osmosis water filtration, along with extensive smart home features throughout. The backyard is a true retreat with a resort-style rock pool and spa with slide, built-in BBQ/bar, fire pit, outdoor speakers, and multiple spaces to relax and entertain. Enjoy beautiful mountain views from the private balcony off the primary suite, creating the perfect place to unwind. Additional highlights include a 4-car garage, solar with backup battery, newer AC, whole house fan, artificial turf, and included appliances. Ideally located near the I-15 corridor with planned express lane expansions, and just minutes from Glen Ivy Hot Springs and The Shops at Dos Lagos, offering a perfect balance of relaxation, dining, shopping, and convenient access throughout the region. A rare opportunity combining privacy, upgrades, and lifestyle in one of Corona’s most desirable communities.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-6 • 12.3 mi
Grades 6-8 • 4.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 3,629 | 2,138 | 92% |
| Lot Size | 13,068 | 6,098 | 95% |
| Price | $1.20M | $735.0K | 94% |
| Price per sq ft | $331 | $351 | 35% |
| Built year | 2003 | 2004 | 46% |
| HOA | $85.0 | $120 | 22% |
| Days on market | 0 | 182 | 0% |
Apr 6, 2026
$1,200,000
Initial Listing
Mar 18, 2014
$582,500
Public Record
Nov 30, 2004
$675,000
Public Record
Dec 4, 2003
$481,000
Public Record