
Corona, California 92881
Analysis of 880 Encanto Street, Corona, California 92881 is currently available with a list price of $1,299,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Corona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1970, the property is 54 years old. While it features recent cosmetic updates like new flooring and paint, the kitchen and bathrooms appear to be original or exceed 30 years in age, placing them in the 'poor' category based on the requirement for a full rehab to modernize the primary systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 30056, living area = 3257.
Designed by renowned architect Ben Hester, this Spanish Revival estate features authentic historical details including hand-hewn beams, a central atrium, and a dramatic curved staircase.
The nearly 0.7-acre lot offers exceptional versatility with a 20’ x 12.5’ workshop, a greenhouse, and ample space for a resort-style pool or an ADU.
While recent cosmetic updates like flooring and paint have been completed, the home retains much of its 1969 original character, likely requiring significant investment to update kitchens and baths.
The age of the property combined with specialized architectural elements like plaster walls and mortared clay tiles may result in higher-than-average long-term maintenance costs.
Welcome to “El Rancho de Pancho,” a remarkable Spanish Revival estate designed by renowned architect Ben Hester and offered for sale for the first time since its completion in 1969. Nestled within the prestigious custom estate enclave of South Corona, this landmark residence is believed to have inspired the name Encanto Street, making it a significant part of the neighborhood’s history. Timeless Spanish Revival architecture is showcased throughout with a mortared clay tile roof, exposed corbel rafter tails, hand-hewn wood beams, plaster-finished walls, wrought iron accents, custom metal light fixtures, Saltillo tile hardscape, and inviting open-beamed porches. A dramatic curved staircase and expansive picture windows create a memorable first impression while framing views of the central atrium. The flexible floor plan features two downstairs bedrooms, one full bath, a powder room, oversized laundry room, formal dining room, spacious family room with fireplace, and a kitchen with a breakfast nook. Upstairs offers three additional bedrooms and one full bath, including the primary suite, an oversized secondary bedroom, a versatile office or lounge, and an additional bedroom ideal for guests or a home office. A spectacular 16.5’ x 20’ covered loggia provides panoramic views on three sides and is perfect for year-round outdoor living. The expansive grounds offer room for a resort-style pool, outdoor entertaining, an ADU, guest house, or additional garage. Additional amenities include a 20’ x 12.5’ workshop, 20’ x 40’ greenhouse, and 12’ x 16.5’ storage building with a roll-up door. Recent improvements include new roofing felt beneath the existing tile roof, luxury vinyl plank flooring, carpeting, and fresh exterior paint. Much of the home’s original architectural character has been preserved, offering an exceptional opportunity to enjoy its timeless design or thoughtfully update it to your vision. The mature grounds feature palms, fruit trees, bougainvillea, and lush landscaping that create a private estate setting. Conveniently located near highly rated schools, the 15 and 91 Freeways, Corona Heritage Park & Museum, The Crossings at Corona, and Tom’s Farms. A truly rare opportunity to own one of South Corona’s most architecturally significant homes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,257 | 2,104 |
| Lot Size | 30,056 | 7,405 |
| Price | $1.30M | $787.4K |
| Price per sq ft | $399 | $382 |
| Built year | 1970 | 1997 |
| HOA | $0 | $187 |
| Days on market | 14 | 66 |
Jul 8, 2026
$1,299,000
Initial Listing