$7,188,000 3903 Malaga Street Corona, CA

MLS: PW19022585   Type: Land   County: Riverside   City: Corona   Zip: 92882  

Mortgage $33,746 /mo



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Unique and Exclusive Beyond Words. This is A Rare Opportunity to Own An Important Piece Of Corona History. 64 Acres An Orchard with an Approved, Permit Ready, Final Subdivided Map To Develop 34 Luxurious 1/2 Acre Home sites. Also ideal for ranch, opportunity to develop a single- family compound with multiple guest homes, a state-of the art fitness center and wellness center, an entertainment complex, a sports arena, world-class equestrian facilities and winery. Irrigation in place. The iconic hilltop property hovers high above the City. Known For Its Majestic 360 Degree Views, this Astounding property Is Located On One Of The Most Renowned Promontories In South Corona. Bordering The Foothills Of The Cleveland National Forest & by Orange County, With Modern Conveniences, Employment Centers, Shopping & Entertainment. Enjoy Every Morning, Nature's Sweet Crisp Natural Forest Aromas & Beauty, A Daily Fun Adventure In Your Own Backyard, with unlimited privacy. Truly the last of its kind. 12 Years In The Making Created 3 Separate Lots to Conjoin Into A Massive Upscale community. This Property Is An Incomparable Crown Jewel Without An Equal. Investors, Developers, Builders, Crowd funders, This Is a LIMITED LUCRATIVE Opportunity to Get Into A Builders Dream Paradise. An A++ Prestigious Location. You Are Truly king or Queen Of The Hill. Create Your Own Vision Of Luxury Or Use Current Models In Place {See Supplements for spread Sheet & Potential Profits North of 20M}

Elementary School

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High School

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Price History

2/1/2019 Listed $8,995,000
5/25/2019 6% - $8,495,000
7/12/2019 6% - $7,995,000
9/11/2019 7% - $7,488,000
10/11/2019 5% - $7,188,000

Assessments Buyer to Verify, Unknown
Association Y/N No
Comments Entitlement, Approved subdivided Map. Currently Avocado orchard
Comments Approved subdivided Map. Currently Avocado orchard
Community Features Foothills, Mountainous, Preserve/Public Land, Urban
Directions 91 & exit South on Lincoln, which becomes Upper. Then turn right on Malaga St. End of Cul de sac is POI. Cross Streets: SW of Malaga S Shepard Crest Dr. Latitude 33.831516 Longitude -117.584998
HOA Fee 0.00
Listagentaor Pacific West
Listing Agent Rafael Guzman - BRE#01297463
Listing Agent State License 01297463
MLS Area 248 - Corona
Price Per Square Foot 2.59
Senior Community Y/N No
Source System CRMLS
Special Assessments Buyer to Verify
Special Listing Conditions Standard
Subdivision Name Forest Park Development
Zoning R

Interior Features

Utilities Other, See Remarks

Exterior Features

Fencing Chain Link
Improvements Subdivision Map
Land Lease Y/N No
Lot Features Agricultural - Other, Agricultural - Tree/Orchard, Back Yard, Horse Property Improved, Lot Over 40000 Sqft, Over 40 Units/Acre, Park Nearby, Sprinkler System, Value In Land
Lot Size Acres 63.6200
Lot Size Area 2771287.0000
Lot Size Source Estimated
Lot Size Square Feet 2771287.00
Lot Size Units Square Feet
Road Frontage Type City Street, Private Road
Sewer None, Other, Perc Test On File, Septic Type Unknown
View City Lights, Hills, Mountain(s), Neighborhood, Orchard, Panoramic, Peek-A-Boo, Trees/Woods
Water Source Other, Public, See Remarks

Property Schools

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Gallery (14 photos)

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Property vs Zip Code Avg (92882)

Price 7.18M Avg 3.15M

Acres 63.62 Avg 11.32

Visits 251 Avg 152

Days on Site 291 Avg 474

Walkscore® 3 Avg 30

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Rafael Guzman with Credent Real Estate.

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