2692 E Penelope Lane, Ontario, California 91762, Ontario, - bed, bath
ACTIVE$879,000
2692 E Penelope Lane, Ontario, California 91762
5Beds
3Baths
2,741Sqft
4,245Lot
Year Built
2020
Close
-
List price
$879K
Original List price
$925K
Price/Sqft
-
HOA
$154
Days on market
-
Sold On
-
MLS number
IG25194285
Home ConditionExcellent
Features
Patio
View-
About this home
Welcome to 2692 E Penelope Lane, nestled in the highly sought-after Shadetree community of Ontario Ranch. This spacious 5-bedroom, 3-bathroom home offers approximately 2,700 sq. ft. of thoughtfully designed living space—perfect for growing families or anyone who loves to entertain. The open-concept layout features generous living areas, a modern kitchen, loft and plenty of natural light throughout. With great schools nearby, this home is an ideal place to plant roots. Conveniently located near shopping, dining, and entertainment, you’ll enjoy easy access to The Merge in Eastvale with restaurants and grocery options, and the soon-to-open Walmart at Limonite & Archibald. Outdoor enthusiasts and music lovers will appreciate being just minutes from SilverLakes Park, home to community events and concerts like Boots in the Park. Don’t miss your chance to own a home in one of Ontario Ranch’s premier neighborhoods—schedule a private tour today!
Nearby schools
6/10
Rosa Parks Elementary School
Public,•K-6•1.4mi
7/10
Ranch View Elementary School
Public,•K-5•1.9mi
7/10
Harada Elementary School
Public,•K-6•2.0mi
4/10
Mountain View Elementary School
Public,•K-5•2.8mi
4/10
Creek View Elementary School
Public,•K-5•3.0mi
3/10
Levi H. Dickey Elementary School
Public,•K-6•3.0mi
7/10
Ronald Reagan Elementary
Public,•K-6•3.4mi
7/10
Liberty Elementary School
Public,•K-6•3.6mi
4/10
Sky Country Elementary School
Public,•K-6•3.7mi
8/10
Edwin Rhodes Elementary School
Public,•K-6•4.0mi
5/10
Howard Cattle Elementary School
Public,•K-6•4.2mi
8/10
Dr. Augustine Ramirez Intermediate School
Public,•7-8•1.5mi
7/10
Cal Aero Preserve Academy
Public,•K-8•2.2mi
6/10
Grace Yokley Middle School
Public,•6-8•2.4mi
7/10
River Heights Intermediate School
Public,•7-8•2.5mi
6/10
Woodcrest Junior High School
Public,•7-8•3.8mi
3/10
Magnolia Junior High School
Public,•7-8•4.6mi
3/10
Mira Loma Middle School
Public,•7-8•5.4mi
9/10
Eleanor Roosevelt High School
Public,•9-12•2.7mi
6/10
Colony High School
Public,•9-12•2.7mi
5/10
Jurupa Valley High School
Public,•9-12•4.7mi
8/10
Chino Hills High School
Public,•9-12•5.5mi
5/10
Chino High School
Public,•9-12•5.8mi
Price History
Date
Event
Price
10/10/25
Price Change
$879,000-5.0%
08/28/25
Listing
$925,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (109 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 81% |
| Baths | 3 | 3 | 50% |
| Square foot | 2,741 | 1,842 | 79% |
| Lot Size | 4,245 | 7,200 | 16% |
| Price | $879K | $777K | 77% |
| Price per square foot | $321 | $417 | 22% |
| Built year | 2020 | 9885989 | 96% |
| HOA | $154 | 0% | |
| Days on market | 68 | 158 | 6% |
Condition Rating
Excellent
This property was built in 2020, making it only 4 years old, which immediately places it within the 'Excellent' category. The images confirm this, showcasing a virtually new home with a modern kitchen featuring white shaker cabinets, light quartz countertops, stainless steel appliances (except for the refrigerator), and recessed lighting. Bathrooms are equally modern and pristine with matching vanities, countertops, and glass-enclosed showers. Flooring consists of clean tile in wet areas and new-looking carpet in living spaces and bedrooms. All components appear new, with no signs of wear or deferred maintenance, aligning perfectly with current quality standards.
Pros & Cons
Pros
Modern Construction: Built in 2020, this home offers contemporary design, energy efficiency, and minimal immediate maintenance concerns, appealing to buyers seeking a move-in ready property.
Spacious & Functional Layout: With 5 bedrooms, 3 bathrooms, 2741 sq. ft. of living space, an open-concept design, and a loft, the property is well-suited for growing families and entertaining.
Prime Location & Community: Nestled in the 'highly sought-after Shadetree community of Ontario Ranch,' it boasts convenient access to shopping, dining, entertainment (The Merge, upcoming Walmart), and recreational facilities (SilverLakes Park).
Strong School District Access: The property benefits from proximity to highly-rated schools, including Eleanor Roosevelt High (9/10) and Dr. Augustine Ramirez Intermediate (8/10), enhancing its appeal to families.
Recent Price Reduction: A significant price adjustment from $925,000 to $879,000 indicates potential value and a motivated seller, which can attract increased buyer interest.
Cons
No Designated View: The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic outlooks or premium views.
Monthly Association Fees: A monthly association fee of $154.0 adds to the recurring costs of homeownership, which could be a consideration for budget-conscious buyers.
Modest Lot Size: With a lot size of 4245 sq. ft., the outdoor space is relatively modest for a 5-bedroom single-family home, potentially limiting options for extensive landscaping or large recreational areas.