1421 Hidden Springs Drive Corona, CA 92881
UPDATED:
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2250000
/mo

4 Beds

3 Baths

2661 SqFt

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Key Details

Property Type: Single Family Home

Lot Size: 8.720 Acres

Year Built: 1972

Purchase Type: For Sale

Listing Status: Active

MLS Listing ID: IG18230365

Price per Sqft: $845

Special Sale: Standard

Type of Financing: Land Contract,Cash To New Loan

Property 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 rang
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.

Location

State: CA

County: Riverside

Area: Riv Cty-corona (92881)

Zoning: A

Rooms

Full Baths: 3

Interior

Laundry: Other/Remarks

Cooling: Other/Remarks

Fireplaces Type: FP in Family Room

Air Conditioning: Other/Remarks

Exterior

Garage Spaces: 2.0

Utilities Available: Propane

View: Mountains/Hills,Panoramic,Valley/Canyon,City Lights

Building

Story: 2 Story

Sewer: Unknown

Water: Public

Schools

Elementary Schools: Orange Elementary

Middle Schools: Citrus Hills Intermediate

High Schools: Santiago High School

School District: Corona-norco Unified School District

Others

Senior Community: no

Miscellaneous: Rural

Acceptable Financing: Land Contract,Cash To New Loan

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Listing Provided By Jim (CA BRE #00942210) of Keller Williams Realty

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    Glen Henderson Big Block Realty, Inc
    Glen Henderson

    Broker Associate CA BRE # 01384181

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