879 Derby, Corona, California 92882, Corona, 92882 - 4 bed, 4 bath
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Corona, California 92882
This Fully Updated Luxury Residence is a Strong Value Opportunity, listed at $1,053,750—positioned well below the $1,122,459 Fair Market Value by 6%. This valuation gap provides $68,709 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a chef-inspired marble kitchen, a 200-bottle wine cellar, and a fully paid-off solar system. Located in the prestigious Corona-Norco Unified district with mountain views, it offers a premium lifestyle with built-in financial upside. This is an ideal acquisition for Owner-Occupants or Multi-Generational Families seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 879 Derby Subject | $1,053,750* List Price | 4 | 4 | 3,379 | $332 | - |
A 873 Greenridge Sold | $953,000 | 4 | 3 | 3,012 | $316 | 0.3 mi |
B 3527 Galatea Way Sold | $915,000 | 4 | 3 | 2,975 | $308 | 1.0 mi |
C 3255 Stargate Sold | $1,080,000 | 5 | 3 | 2,872 | $376 | 0.7 mi |
D 2527 Waterfall Ln Sold | $1,225,000 | 5 | 3 | 3,251 | $377 | 0.4 mi |
E 2981 Coral Sold | $965,000 | 5 | 3 | 2,469 | $391 | 0.6 mi |
F 2024 Peony Street Sold | $1,190,000 | 5 | 4 | 3,920 | $304 | 1.0 mi |
G 3313 Big Dipper Cir Active | $980,000 List Price | 5 | 4 | 3,072 | $319 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2001, the property has undergone an extensive high-end renovation within the last 5 years. The interior features a chef-inspired kitchen with premium marble countertops and island, a stainless farmhouse sink, and modern cabinetry. High-quality real wood flooring, designer lighting, a custom climate-controlled wine cellar, and fully renovated marble bathrooms demonstrate a lack of deferred maintenance and adherence to modern luxury standards.
This turnkey residence features high-end finishes including real wood flooring, marble countertops, a 200-bottle climate-controlled wine cellar, and a state-of-the-art THX Ultra sound system throughout the home.
The property includes a fully paid-off solar system that currently maintains a credit balance, offering the significant financial advantage of no monthly electricity costs.
Spanning over 3,300 square feet, the floor plan includes a dedicated downstairs office and a large loft that can be converted into a fifth bedroom for only $4,800, providing excellent flexibility for growing families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
The 10-person heated waterfall spa is situated in the front exterior, which may lack the privacy typically desired by luxury buyers compared to a traditional backyard installation.
With a substantial 3,379 square foot home footprint on a 7,405 square foot lot, the remaining outdoor space is heavily dedicated to gardens and fruit trees, leaving limited open area for traditional lawn activities.
Stunning, Fully Updated Luxury Home in Prime South Corona Location! This exceptional residence presents over 3,300 square feet of exquisitely updated living space, situated on a generous and beautifully utilized lot. Fully renovated and well maintained, the home offers a move-in–ready experience with refined upgrades at every turn. From the moment you arrive, the property’s unique sense of luxury becomes clear. A stunning built-in, 10-person heated waterfall spa enhances the front exterior, creating an inviting retreat perfect for both relaxing evenings and memorable gatherings. The expansive floor plan includes open kitchen and gathering space, Formal living and dining room areas, custom stone facade, climate controlled 200 bottle wine cellar discreetly located under the staircase, four spacious bedrooms plus a downstairs office and versatile loft, offering flexibility for work, leisure, or additional living space. Only $4,800 to convert the loft to a bedroom. The three-and-a-half elegantly renovated bathrooms feature marble vanities and beautifully finished marble shower walls, creating a spa-like atmosphere. Showcasing sophisticated craftsmanship throughout—featuring custom cabinetry, premium real wood flooring, and contemporary designer lighting. A state-of-the-art THX Ultra sound system with several house audio zones seamlessly enhances the lower-level living spaces as well as the primary suite, adding modern convenience and ambiance ideal for entertainment and relaxation. The chef-inspired kitchen is a true centerpiece, boasting a large marble island, extensive cabinetry, and marble countertops that span an entire wall for plenty of storage. A substantial walk-in pantry—with an alcove designed to accommodate an additional refrigerator—sits conveniently off the three-car garage, ensuring effortless storage and functionality. Did I mention fully paid-off solar system? (No electric bill - Has a credit as of now) The rear yard is garden-inspired and thoughtfully designed for those who appreciate fresh ingredients. Enjoy mature fruit trees, spice gardens, and flourishing grapevines—an exceptional setting for outdoor dining, gardening, and peaceful retreat. Located within walking distance to local schools and just a short drive from premier shopping, dining, and major freeways, this home offers unmatched convenience without sacrificing luxury.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 94% |
| Square foot | 3,379 | 1,905 | 94% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $1.05M | $815.0K | 89% |
| Price per sq ft | $312 | $422 | 6% |
| Built year | 2001 | 1988 | 91% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 181 | 1% |
Mar 25, 2026
$1,053,750
Initial Listing
Mar 30, 2001
$301,500
Public Record