870 Encanto Street, Corona, California 92881, Corona, 92881 - 4 bed, 5 bath

870 Encanto Street, Corona, California 92881 home-pic-0

870 Encanto Street

Corona, California 92881

ACTIVE
CONDITION: GOOD
4Beds
5Baths
5,008Sq Ft
24,394Lot Size

Property Price

LIST PRICE$2,399,900
EST. MARKET VALUE
$2,207,453
8% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$2,207,453
Based on Realkey algorithm analyzing recent comparable sales in Corona.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
870 Encanto Street
Subject
$2,399,900*
List Price
455,008$441-
A
974 Alexandra Drive
Sold
$1,875,000443,930$4770.2 mi
B
922 Armata Dr
Active
$1,795,000
List Price
554,053$4430.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although originally built in 1969, the property has undergone significant recent high-ticket improvements including new wood flooring, new HVAC, and new exterior paint and stucco. The gourmet kitchen is well-appointed with high-end appliances, an 8-burner range, and stone surfaces. While the listing indicates some remaining updates are cosmetic and utilizes digital renderings for certain areas, the home is move-in ready with updated major systems and resort-style amenities, meeting the criteria for a well-maintained, partially updated property.

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 = 24394, living area = 5008.

  • Exceptional Land & Development Potential

    The sale includes two parcels totaling approximately 1.41 acres, offering rare flexibility for a private legacy compound, ADU construction, or future residential development in a premier South Corona enclave.

  • Resort-Style Entertainment Amenities

    The estate is a premier entertainment hub featuring a home theater, game room, and an expansive outdoor oasis equipped with a pool, pizza oven, putting green, and bocce court.

CONSRISKS & DEFICIENCIES

  • Cosmetic Finishing Required

    The property requires remaining cosmetic updates to reach its full potential, as evidenced by the use of digital renderings in marketing materials to illustrate the intended finished look.

  • 1960s Era Construction

    Originally built in 1969, the home may feature architectural layouts or secondary systems that reflect its vintage, which may not fully align with modern 'open-concept' preferences without further renovation.

About 870 Encanto Street

DISCOUNTED PRICE FOR QUICK SALE INCLUDING 2 PARCELS, with a motivated seller! Rare estate opportunity in one of South Corona’s most exclusive, seldom-traded neighborhoods featuring wide streets, long-term ownership, and no HOA. The residence sits on an approximately 24,394-sq-ft lot, with an additional 37,026-sq-ft lot included, creating a combined estate of approximately 61,420 sq ft (±1.41 acres) and a commanding double-lot presence with exceptional flexibility.The 5,008-sq-ft, 4-bedroom, 4.5-bath home offers timeless architecture and resort-style living. Numerous key improvements have already been completed, including new exterior paint and stucco, new HVAC, new wood flooring, new pool filter and heater, and a new theater projector, allowing remaining updates to be largely cosmetic. Interior spaces feature oversized windows and French doors for seamless indoor-outdoor flow, with formal living and dining rooms, family room, private office, media room, game room, and home theater. The gourmet kitchen includes high-end appliances, an 8-burner range, double ovens, oversized island, and stone surfaces.Outdoor amenities include a pool with water features, wraparound decking, outdoor kitchen with pizza oven and wok station, fire-pit seating, putting green, and bocce court. A 3-car garage, additional covered parking, and circular drive offer ample parking.The true magic of this offering is the flexible land configuration: by shifting the lot line to create a double-lot scenario, a buyer can enjoy an expanded primary estate parcel plus an additional complementary lot, opening the door to multiple estate, recreational, or future development options. This rare land optionality—paired with light improvement needs, non-cookie-cutter surroundings, and substantial long-term upside—makes the property ideal for those seeking a legacy compound, development flexibility, or long-range investment value in one of South Corona’s most coveted enclaves. The expansive land presents outstanding potential for an ADU, multi-generational living, custom garage for motorhome or car enthusiast, private family compound, or future additional residence (buyer to verify), delivering rare long-term upside in a premier custom-home corridor. Pictures include digital enhanced renderings, such as paint work that will be completed to main house and renderings of empty 2nd lot usage. ALL OFFERS WILL BE CONSIDERED!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1969
Lot Size
24,394 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
5 (5 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths5.03.0
93%
Square foot5,0082,377
97%
Lot Size24,3948,712
90%
Price$2.40M$895.0K
98%
Price per sq ft$479$387
85%
Built year19691998
7%
HOA$0$0
50%
Days on market344193
95%

Pricing History

Listed for Sale

Jan 27, 2026

$2,399,900

$1,795,000

+34% Price Increase

Initial Listing

Price Change

Aug 28, 2025

$1,795,000

Initial Listing

Price Change

Mar 28, 2025

$1,999,999

Initial Listing

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