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Listing 5 out of 34
$2,250,000 For Sale

1421 Hidden Springs Drive
Corona, CA 92881

4 beds, 3 baths | Single Family Home
2,661 sq ft; lot: 8.72 acres - MLS# IG18230365
Property Photo
1/14

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 however 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 which 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.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family Residence
  • Listing Status: Active
  • Zip Code: 92881
  • Year Built: 1972
  • School District: Corona-Norco Unified
  • Sq.Ft.: 2,661 sq ft
  • Stories: Two
  • Bedrooms: 4
  • Full Baths: 3
  • # of Parking Spaces: 2.00
  • Fireplace: Family Room, Yes
  • Lot Size: 8.72 acres
  • Baths: 3 baths
  • View: City Lights,Mountain,Panoramic,Valley, Yes
  • Zoning: A
  • Area: 248 - Corona
  • Community Features: Rural
  • Cooling: See Remarks
  • Cooling YN: Yes
  • Country: US
  • Directions: South on Gilbert, turns into Hidden Springs, property near end of road, Right at fork
  • Electric: Electricity - On Property
  • Garage Spaces: 2.00
  • Laundry Features: See Remarks
  • Laundry YN: Yes
  • Listing Agent License: 00942210
  • Listing Office License: 01406566
  • Lot Dimensions Source: Assessor
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Source: Assessor
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Major Change Type: New Listing
  • Road Surface Type: Paved
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Stories Total: 2
  • Utilities: Propane
  • Water Source: Public
  • Year Built Source: Assessor
Courtesy of Keller Williams Realty, Jim Brown



Choumas & Associates | 909-821-7133 | Email Us 
Candi Choumas CalBRE #01177993
Ashley Choumas CalBRE #01892987

2790 Cabot Drive #4-130 - Corona, CA 92883
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