1421 Hidden Springs Drive

    Corona, CA 92881
    • $2,250,000
    • STATUS: Active
    • ON SITE: 365 days
    • ID#: IG18229347
    UPDATED: 18 min ago
    $2,250,000
    • 0
      BEDS
    • 8.72
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    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 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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T07:40:58.827. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
    www.j1re.com/homes/87698412

    1421 Hidden Springs Drive Corona, CA 92881

    • Price: $2,250,000
    • Status: Active
    • Updated: 18 min ago
    • ID#: IG18229347
    0
    Beds
    0
    Baths
    0
    ½ Baths
    8.72
    Acres
    Neighborhood:
    248 - Corona
    County:
    Riverside
    Area:
    248 - Corona
    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 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 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.
    Exterior Features

    Lot Features Lot Over 40000 Sqft Lot Size Source Assessor Lot Size Units Square Feet Road Surface Type Paved View City LightsMountain(S)Valley View YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Rural Country Us Distance To Water Comments 0 Electric Electricity - On Property Elevation Units Feet Land Lease YN No Lot Dimensions Source Assessor New Construction YN No Senior Community YN No Special Listing Conditions Standard Water Source Public Zoning A

    Listing provided courtesy of Jim Brown of Keller Williams Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-09-20T07:40:58.827. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or J1 REALTY GROUP. Licensed in the State of California, USA.
     
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