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$9,800,000

Est. payment - /mo

65 Acres Lot

Active

3933 Malaga ST Corona, CA 92882

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

Subdivision Forest Wealth Project

MLS Listing ID PW25078845

HOA Y/N No

Lot Size 65.000 Acres

Property Description

This iconic 65+-acre orchard property offers unparalleled potential, complete with fully approved final improvement plans, a recorded final map, and a clear path and timeline for grading and home construction. No additional agency resource permits are required, streamlining the development process.
Designed with a focus on ranch and nature-inspired living, the project features large lot sizes that cater to strong market demand for single-story homes with expansive outdoor living areas. Local schools are conveniently located nearby, enhancing the appeal of this unique community.
The property provides two exceptional development options: Develop 34 luxurious ½-acre homesites. After acquiring the property, you have the option to Capitalize on the potential to yield up to 60 lots contingent upon completing subsequent studies while staying within the grading limits of the existing map. Perched high above the city, this property is known for its breathtaking 360-degree panoramic views, bordering the Cleveland National Forest and the foothills of Orange County. With modern conveniences, employment centers, shopping, and entertainment close by, the location offers both serenity and accessibility. Residents will enjoy the natural beauty and tranquility of the surrounding forest, with daily opportunities to immerse themselves in nature's splendor, including crisp air, stunning scenery, and unparalleled privacy.
Fifteen years of meticulous planning have resulted in the creation of three separate parcels, now combined to form a remarkable opportunity for a master-planned upscale community. This property represents the last of its kind—a truly extraordinary offering in South Corona.

Location

State CA

County Riverside

Area 248 - Corona

Zoning R

Interior

Inclusions 2 Adjacent Parcels.

Fireplace No

Exterior

Fence Chain Link, Wire

Community Features Biking, Curbs, Foothills, Hiking, Horse Trails, Hunting, Mountainous, Near National Forest, Preserve/Public Land, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park

Utilities Available Cable Available, Electricity Available, Other, See Remarks, Underground Utilities, Water Available, Water Connected

View Y/N Yes

View City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods

Present Use Agricultural,See Remarks

Building

Lot Description Agricultural, Cul-De-Sac, Horse Property, Lot Over 40000 Sqft, Near Park, Over 40 Units/Acre, Orchard(s), Ranch, Secluded, Sprinkler System, Trees, Value In Land

Sewer Unknown

Water Other, See Remarks

New Construction No

Others

Senior Community No

Tax ID 275100003

Acceptable Financing Cash, Cash to New Loan

Horse Property Yes

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/mls/56cm1bf9fb0f1m35s

Listed by Rafael Guzman Credent Real Estate 310-404-8687

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