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1 Malaga, Corona, CA 92882
$6,488,000 Sale Pending
1 Malaga, Corona, CA 92882View this property at 1 Malaga, Corona, CA 92882
1 MalagaCoronaCA92882
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Property Description
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 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. Create Your Own Vision Of Luxury Or Use Concept Models In Place {See Supplements for spread Sheet & Potential Profits North of 20M}
Full Property Details
Full Property Details for 1 Malaga
General
- Price: $6,488,000
- Status: Pending
- Type: Lots/Land
- MLS ID: PW20059745
- Updated: 5/17/2022
- Days on Market: 789 days
- Added: 789 day(s) ago
Location
- Area: 248 - Corona
- County: Riverside
- Development Name: 248 - Corona
- Driving 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
- Dist. to Beach: 10 (Miles)
Utilities
- Water: Public, See Remarks
- Dist. to Water: 10
Lot Features
- Property View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic, Peek-a-Boo, Rocks, Trees/Woods
- Lot Size (Acres): 64.5
- Lot Size (Sq. Ft.): 2,809,620
- Lot Size Source: Estimated
- Zoning: AGR
- Lot Description: BLM/National Forest, Foothills, Hiking, Park, Hunting, Mountainous, Preserve/Public Land, Suburban
Financial Considerations
- Price Per Sq. Ft.: $2.31
Disclosures and Reports
- Buyer’s Brokerage Compensation: 1%
Listed by Credent Real Estate, Rafael Guzman
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Price & Sales History for 1 Malaga
Date
Details
Price
Change
Source
3/19/2020
Listed
$6,488,000
1501.98%
MLS
6/26/1996
Sold
$405,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1 Malaga
Year
Property Taxes
Change
Tax Assessment
Change
2021
$3,949
1%
$305,172
1%
2020
$3,915
2%
$302,044
2%
2019
$3,852
3%
$296,123
2%
2018
$3,739
8%
$290,318
2%
2017
$3,451
7%
$284,626
2%
2016
$3,226
2%
$279,046
2%
2015
$3,161
1%
$274,855
2%
2014
$3,129
1%
$269,472
—
2013
$3,104
—
$268,255
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1 Malaga
1 Malaga, Corona, CA 92882 (MLS# PW20059745) is a Lots/Land property with a lot size of 64.5000 acres. 1 Malaga is currently listed for $6,488,000 and was received on March 19, 2020. Want to learn more about 1 Malaga? Do you have questions about finding other Lots/Land real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.