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8888 Malaga Street $6,800,000

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    8888 Malaga Street Corona, CA 92882

    • 65.00 Acres
    • Land
    • MLS# PW22184003
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    Views: 6 Days On Market: 99

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    Property Details

    Description Tours

    Unique and Exclusive Beyond Words. This is A Rare Opportunity to Own an Important Piece of Corona History. 65+- Acres an Orchard with Approved Ready to Issue Permits to Develop 34 Luxurious 1/2 Acre Home sites. Also ideal for ranch and nature living, opportunity to develop 13 Mansions one on each knoll with incredible views on 5 acres each. 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 Cleveland National Forest and the foothills of 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. You are at the helm in Creating Your Own Vision of Nature Modern Living. {See Supplements for Spread Sheet & Potential Profits North of 20M

    • General Features
      • Association Fee 0.00
      • Buyer Compensation 3.000 %
      • Community Features BLM/National Forest, Foothills, Hunting, Mountainous, Sidewalks, Suburban
      • County Or Parish Riverside
      • Subdivision Name Other (OTHR)
    • Property Features
      • Lot Size Acres 65
      • View Error: ClassID in tblMLSFieldPropertyType is null.
      • Lot Features Agricultural, Agricultural - Other, Agricultural - Row/Crop, Agricultural - Tree/Orchard, Cul-De-Sac, Horse Property, Horse Property Unimproved, Lot Over 40000 Sqft, Near Public Transit, Over 40 Units/Acre, Park Nearby, Sprinkler System, Treed Lot, Value In Land
      • Fencing Chain Link,Partial,See Remarks

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    Neighborhood

    92882 (Corona) Demographics

    34 Median Age
    2,903 Population Density (per sq. mile)
    36% College Educated
    $85,819 Estimated Median Income
    13,288 Estimated Total Home Owners
    7,502 Estimated Total Renters
    64% / 36% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    74,742 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $735,000 Median Sales Price
    33 Homes Sold
    42 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $6,800,000
        8/19/2022 10:05:00 PM New in Database Source: Multiple Listing Service New Value: $6,800,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 11/26/2022 12:48:12 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.