1020 Margarita C202, Corona, California 92879, Corona, 92879 - 2 bed, 2 bath

1020 Margarita C202, Corona, California 92879 home-pic-0
ACTIVE$419,000
1020 Margarita C202, Corona, California 92879
2Beds
2Baths
1,032Sqft
Lot
Year Built
1985
Close
-
List price
$419K
Original List price
$419K
Price/Sqft
$406
HOA
$402
Days on market
-
Sold On
-
MLS number
IG25255661
Home ConditionGood
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $419.0K(30th), sqft - 1032(57th), beds - 2(50th), baths - 2(50th).

Welcome to 1020 Margarita Drive, Unit C202 — a beautifully updated condominium nestled in the desirable gated Contadora community of Corona. This inviting 1,032 sq. ft. home offers two spacious bedrooms and two full bathrooms, thoughtfully designed for comfort and functionality. Step inside to find fresh interior paint, updated kitchen cabinetry, and stainless steel appliances that give the space a modern touch. The open-concept living area features elegant flooring, recessed lighting, and seamless flow to the outdoor patio — perfect for relaxing or entertaining. The private primary suite boasts a walk-in closet and ensuite bathroom. A second large bedroom with patio and full guest bathroom provide flexibility for guests, an office, or family. Recent improvements include a new dishwasher and hot water heater, ensuring efficiency and year-round comfort. Residents of the Contadora community enjoy exclusive access to amenities such as a sparkling pool, spa, barbecue area, and secure gated entry. With a private patio, attached one-car garage, and prime location close to top-rated schools, shopping, dining, and freeway access, this home offers the perfect blend of style, convenience, and everyday livability. Schedule your private tour today and discover why 1020 Margarita Drive, Unit C202 is the perfect place to call home!

Price History

Date
Event
Price
11/11/25
Listing
$419,000
03/28/25
Sold
$404,000
12/16/24
Sold
$395,000
08/26/22
Sold
$339,000
09/19/08
Sold
$103,000
07/27/05
Sold
$275,000
Condition Rating
Good

The property, built in 1985, has undergone significant updates, including fresh interior paint, updated kitchen cabinetry, stainless steel appliances, and modern wood-look flooring throughout the main areas. A new dishwasher and hot water heater are recent improvements. The kitchen appears modern and well-maintained. While the bathrooms feature updated flooring and faucets, the vanities and especially the fluorescent light fixture in one bathroom appear dated, preventing an 'Excellent' rating. Overall, the home is move-in ready with no immediate major renovations required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Modern Interior & Appliances: The condominium boasts fresh interior paint, updated kitchen cabinetry, stainless steel appliances, elegant flooring, recessed lighting, and recent upgrades including a new dishwasher and hot water heater.
Gated Community with Amenities: Located in the desirable Contadora community, residents enjoy exclusive access to a sparkling pool, spa, barbecue area, and secure gated entry.
Private Outdoor Space: The property features a private patio, offering a dedicated outdoor area for relaxation or entertaining.
Attached Garage: Includes a convenient attached one-car garage, providing secure parking and additional storage.
Prime Location: The property offers excellent proximity to top-rated schools, diverse shopping and dining options, and convenient freeway access.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-03-28. The sold price is $404,000.00. The property was recently sold within the past year on 2024-12-16. The sold price is $395,000.00.
Monthly HOA Dues: The property is subject to a $402.00 monthly association fee, which adds to the overall housing expenses.
Limited Garage Space: The attached one-car garage may be insufficient for households with multiple vehicles or those requiring extensive storage.
Moderate Square Footage: At 1,032 sq. ft., the living space is functional but might be considered modest for buyers seeking larger accommodations.

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