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.

  • MLS# IG18230365
  • Style House
  • Sub-Type Resale
  • Status Active
  • Year 1972
  • Days On Site 138
Bed(s) 4
Bath(s) 3 Full
SQ Feet 2,661
Garage 2
Story(s) 2 Story
Acreage 8.72
Property View Yes
Listing Provided By:
Jim Brown  of  Keller Williams Realty
 
 
 
 
 
 
 
 
 
 
 
 
 
 
this listing $2,250,000
260.03%
$624,950 in 92881
this listing 2,661 SqFt
10.81%
2,984 SqFt in 92881
this listing $846 $/SqFt
303.21%
$210 $/SqFt in 92881
this listing 138 on site
305.88%
34 on site in 92881

Location

State CA
County Riverside
City Corona
Zip Code 92881
Area 248 - Corona

Area Schools

School District Corona-Norco Unified

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