HOUSEHUNT

1421 Hidden Springs Drive
Corona, CA 92881

4
bed
3
bath
$2,250,000
price

1421 Hidden Springs Drive
Corona, CA 92881

4
bed
3
bath
$2,250,000
price
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Community Specialist
CENTURY 21 Award
BRE# 00893838
714-624-3077
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Description
Value in land!! There is a final map (in supplements) and seller owns 108 lots totaling 8. 72 acres however in the wildwood glen cabin sites final map dated 1924 there are approximately 250 lots. Owners of the balance of these lots would all like to sell, some listed some not. The city recognizes the project and the fact that all streets shown are dedicated however they do not want the project built as the neighborhood is now zoned 5 acre minimums. The homes around it are mostly in the $2,000,000 plus range. The city would like to "negotiate" a much lower density. The city said they would not allow anything built to cover 2 lots or more, it would have to be built so that no structure would cross a property line, no exceptions. Then in the next breath they say they don't want it built. There are two homes built on the entire project, one on my sellers property over 20 years ago with no concern to the wildwood glen cabin sites lot lines what so ever. I wouldn't place any value on the structure however certainly livable. There is also another structure built that covers the wildwood glen cabin sites which is not owned by my seller. This also has no regard to lot lines. You will notice a single lot in the middle of my seller's 108 lots that has a different owner. This was purchased at a tax sale years ago and i have it listed for a ridiculous amount but that is included in the $2,250,000 price.
Key Details
Bedrooms: 4
Bathrooms: 3
Sq. Ft.: 2,661
Lot Size: 8.7200 Acres
Property Type: Single Family Home
Features
Living Room
Two+ Story
Valley View
City Light View
Mountain/Hills View
Listing Agent: Jim Brown
Broker: Keller Williams Realty Broker Phone: 9512713000
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Mortgage Payment$23,416.34
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Neighborhood Info
Corona - 92881
The vacancy rate of homes in 92881 is 3.54% with 77.6% of homes being owner-occupied. The median household income in 92881 is $94,066 per year with those between 25 and 44 having the highest median income at $106,752.
Schools Near 1421 Hidden Springs Drive Corona, CA 92881
Rating School Name Type Grade Distance
4
Santiago High School Public 9-12 1.18 mi
4
Centennial High School Public 9-12 2.62 mi
4
El Cerrito Middle School Public 7-8 1.90 mi

More schools in Corona
Neighborhood Demographic
Demographic in Corona - 92881
$94,066
Median Income
3.453
Avg Household Size
35.22
Median Age
26%
White Collars
55%
College Grad