8 months on rocket

8888 Malaga St, Corona, CA, 92882

$6,600,000

65.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
ViewCity Lights, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
MLS #PW23157941
Lot Size65.00 Acres
StatusActive

About 8888 Malaga St

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 Renderings of potential possibilities.

Property Details

Property Features

Listing Office:

  • Office Name: Credent Real Estate
  • Office Phone: (310) 404-8687
  • Listing Agent: Rafael Guzman

Exterior Features

Exterior Information:

  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods

Lot Features

Lot Information:

  • Lot: Agricultural, Back Yard, Cul-De-Sac, Front Yard, Gentle Sloping, Orchard(s), Near Public Transit, Sloped Up, Trees
  • Lot Size: 65.00 Acres

Other

Directions Information:

  • 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 33.831353 Longitude -117.585205

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,600,000
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Housing Market Comparison

See how this home compares to others in Corona, CA.

Med. Sold Price

$729.9K

Med. Price/SqFt

$386

Avg. Days On Market

24

# of Sold Homes

140

8888 Malaga St vs Corona

248 DAYS ON ROCKET

+224 Days

$6,600,000

+$5.8M More

KEY TAKEAWAY

This property is $5.8M more than the Median Sold Price in Corona, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW23157941

Listing Office:

  • Office Name: Credent Real Estate
  • Office Phone: (310) 404-8687
  • Listing Agent: Rafael Guzman

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$33K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$19.8K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-2730869
8
/10
  • Dwight D. Eisenhower Elementary School

  • 3355 Mountain Gate Dr

  • 0.64 miles

  • Public District Grades KG-6

school-card-donut-2730870
5
/10
  • Foothill Elementary School

  • 2601 S Buena Vista Ave

  • 1.45 miles

  • Public District Grades KG-6

school-card-donut-2730871
7
/10
  • Benjamin Franklin Elementary School

  • 2650 Oak Ave

  • 1.55 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $109,534. Typical income of Corona, CA residents is between $100k-200k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8888 Malaga St

What is the listing price of this property?

The listing price of 8888 Malaga St property is $6,600,000.

What type of property is this?

The property 8888 Malaga St is land located in Corona, California, 92882.

Is this property for sale now?

Active Listing: 8888 Malaga St is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 8888 Malaga St is 65.00 acres.
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Rocket HomesCaliforniaRiverside CountyCorona928828888 Malaga St

This home is located at 8888 Malaga St in Corona, CA and zip code 92882 in the South Corona neighborhood. This home sits on a 65.00 acre lot. It has been listed on Rocket Homes since August 24, 2023 and is currently priced at $6,600,000.

Over 62 listings were sold over their listed price in March 2024 in Corona, CA. In the same period over 39 listings were sold below the listed price and 39 listings were sold for the listed price. The inventory of homes for sale in Corona, CA between February 2024 and March 2024 increased by 1.4%. While the average time on the market in March 2024 was 24 days, the median list price was $729,953.

From Rocket Homes Real Estate and based on county public records data.

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