2692 E Penelope Ln, Ontario, California 91762, Ontario, - bed, bath

home-pic
ACTIVE$925,000
2692 E Penelope Ln, Ontario, California 91762
5Beds
3Baths
2,741Sqft
4,245Lot
Year Built
2020
Close
-
List price
$925K
Original List price
$9.88M
Price/Sqft
-
HOA
$168
Days on market
-
Sold On
-
MLS number
OC25110917
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

Corner Lot, East - South - West orientation, Gorgeous Home Located in the highly desirable Shadetree Community in Ontario Ranch—known for its spacious floor plans and modern living, this two-story single-family home perfectly combines comfort, space, and convenience. Turnkey Move-in Condition! 5 Bedrooms plus Loft with three bathrooms, and 1 Bedroom and one full bathroom are located downstairs. Upon entry, you’re greeted by the amazing high ceiling, formal dining area, open and bright living & family area. The open-concept design centers around a spacious living room and dining area, connected to a modern kitchen featuring quartz countertops, a large center island with a breakfast bar, a walk-in pantry, and stainless steel GE appliances including a dishwasher, 4-burner stove, and over-the-range microwave. A separate upstairs laundry room includes a utility sink, while a large loft area offers versatile space for a game room, office, or relaxation. The primary suite offers a peaceful retreat with a walk-in closet that connects directly to the laundry room. The en-suite bath boasts dual quartz vanities, a private toilet room, a separate shower, and a soaking tub perfect for unwinding. Additional features include central A/C and heating, recessed lighting, a tankless water heater, and fully owned SunRun & Solarmax solar panels, which are included in the sale. The attached two-car garage provides added convenience. Step into the inviting California Room, extending your living space outdoors—perfect for entertaining. The low-maintenance backyard has artificial turf and planter beds along the rear fence. Located close to shopping, dining, parks, entertainment, and with easy access to the 15 and 60 freeways, this home offers everything you need in one exceptional package.

Nearby schools

6/10
Rosa Parks Elementary School
Public,K-61.4mi
7/10
Ranch View Elementary School
Public,K-51.9mi
7/10
Harada Elementary School
Public,K-62.0mi
4/10
Mountain View Elementary School
Public,K-52.8mi
4/10
Creek View Elementary School
Public,K-53.0mi
3/10
Levi H. Dickey Elementary School
Public,K-63.0mi
7/10
Ronald Reagan Elementary
Public,K-63.4mi
7/10
Liberty Elementary School
Public,K-63.6mi
4/10
Sky Country Elementary School
Public,K-63.7mi
8/10
Edwin Rhodes Elementary School
Public,K-64.0mi
5/10
Howard Cattle Elementary School
Public,K-64.2mi
8/10
Dr. Augustine Ramirez Intermediate School
Public,7-81.5mi
7/10
Cal Aero Preserve Academy
Public,K-82.2mi
6/10
Grace Yokley Middle School
Public,6-82.4mi
7/10
River Heights Intermediate School
Public,7-82.5mi
6/10
Woodcrest Junior High School
Public,7-83.8mi
3/10
Magnolia Junior High School
Public,7-84.6mi
3/10
Mira Loma Middle School
Public,7-85.4mi
9/10
Eleanor Roosevelt High School
Public,9-122.7mi
6/10
Colony High School
Public,9-122.7mi
5/10
Jurupa Valley High School
Public,9-124.7mi
8/10
Chino Hills High School
Public,9-125.5mi
5/10
Chino High School
Public,9-125.8mi
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (109 Listings)
Beds54
81%
Baths33
50%
Square foot2,7411,842
79%
Lot Size4,2457,200
16%
Price$925K$777K
81%
Price per square foot$337$417
26%
Built year20209885989
96%
HOA$168
1%
Days on market170159
59%
Condition Rating
Good

The property was built in 2020, so it's relatively new. The kitchen features modern quartz countertops and stainless steel appliances. The bathrooms appear to be in good condition with dual quartz vanities in the primary suite. The house has central A/C and heating, a tankless water heater, and solar panels. While the appliances are GE, they are not high-end. The flooring is a mix of tile and carpet, which is acceptable but not excellent. Overall, the property is move-in ready and well-maintained, but not fully renovated to the highest standards.
Pros & Cons

Pros

New Construction: Built in 2020, the property offers modern construction and updated features, minimizing potential maintenance issues.
Desirable Community: Located in the highly desirable Shadetree Community in Ontario Ranch, known for spacious floor plans and modern living.
Functional Layout: Features 5 bedrooms plus a loft, with one bedroom and a full bathroom located downstairs, offering flexibility and convenience.
Modern Kitchen: The open-concept kitchen boasts quartz countertops, a large center island with a breakfast bar, a walk-in pantry, and stainless steel GE appliances.
Solar Panels: Includes fully owned SunRun & Solarmax solar panels, offering energy efficiency and potential cost savings.

Cons

Small Lot Size: The lot size is relatively small at 4,245 sqft, potentially limiting outdoor space and privacy.
HOA Fees: Monthly HOA fees of $168 add to the overall cost of ownership.
Original List Price: The significant reduction from the original list price of $9,880,000 to $925,000 may raise questions about the property's initial valuation or market conditions.

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