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423 Cleveland Way, Corona, California 92881, Corona, 92881 - 5 bed, 7 bath

423 Cleveland Way, Corona, California 92881 home-pic-0
ACTIVE$2,940,000
423 Cleveland Way, Corona, California 92881
5Beds
7Baths
6,722Sqft
30,492Lot
Year Built
2006
Close
-
List price
$2.94M
Original List price
$3.19M
Price/Sqft
$437
HOA
-
Days on market
-
Sold On
-
MLS number
TR25131720
Home ConditionGood
Features
Excellent View: Canyon, Mountain(s)
Pool
Patio
ViewCanyon, Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $2.94M(99th), sqft - 6722(99th), beds - 5(65th), baths - 7(97th).

Welcome to PARADISE~!~ This hidden gem is a masterfully crafted private estate—custom-designed, discreetly luxurious, and truly unique. You will not find this level of quality and attention to detail in any of the semi-custom homes in Corona. Upon entry, custom floor-to-ceiling glass walls immediately capture sweeping views of the city and surrounding mountains—an awe-inspiring panorama that sets the tone for the entire home. This estate features five large bedrooms each with its own bathroom, with custom guest suite can be your 6th bedrooms. A private office on second floor with sweeping views of the beautiful cityscape offers the perfect space for work or quiet reflection. The heart of the home lies a chef’s kitchen—a true culinary haven featuring top-of-the-line stainless steel appliances, sleek granite countertops, a spacious walk-in pantry, and an expansive center island. Both highly functional and visually striking, this kitchen seamlessly flows into the open-concept family room, perfect for both everyday living and effortless entertaining, built in eaves provide shade for decking around stunning oversized infinity pool with breathtaking city lights and mountain views, completely private, fully gated with state of the art electronic system, impeccable landscaping, 4 car garages, no association and lower tax rate.

Price History

Date
Event
Price
09/12/25
Price Change
$2,940,000-6.4%
08/18/25
Price Change
$3,140,000-1.6%
06/20/25
$3,190,000
Condition Rating
Good
Built in 2006, this custom-designed estate is 18 years old, fitting within the 'good' category's age range. The property is exceptionally well-maintained and move-in ready. The chef's kitchen boasts top-of-the-line stainless steel appliances and sleek granite countertops, all in excellent condition. Bathrooms are luxurious with high-end finishes, though the style reflects the original build year rather than a recent modern renovation. Flooring (large format tile and wood) is pristine, and all visible fixtures and finishes are of high quality with no signs of wear or deferred maintenance. While not newly built or extensively renovated to a 2020s aesthetic, its superior original quality and meticulous upkeep make it a solid 'good' condition property.
Pros & Cons

Pros

Panoramic Views: The property boasts sweeping panoramic views of the city and surrounding mountains from custom floor-to-ceiling glass walls, a private office, and the stunning infinity pool, offering an awe-inspiring backdrop.
Custom Design & High Quality: This masterfully crafted private estate is custom-designed, discreetly luxurious, and unique, showcasing a level of quality and attention to detail superior to semi-custom homes in the area.
Gourmet Chef's Kitchen: The heart of the home features a true culinary haven with top-of-the-line stainless steel appliances, sleek granite countertops, a spacious walk-in pantry, and an expansive center island, ideal for entertaining.
Luxurious Outdoor Living & Privacy: An oversized infinity pool with breathtaking city lights and mountain views, impeccable landscaping, complete privacy, and a fully gated state-of-the-art electronic system create an exclusive outdoor oasis.
Exceptional Amenities & Value: The estate offers 5-6 large bedrooms each with its own bathroom, a private office with views, a 4-car garage, no association fees, and a lower tax rate, enhancing its overall appeal and value.

Cons

Multiple Price Reductions: The property has undergone several price reductions from its original list price of $3.19M to $2.94M, which may suggest an initial overpricing or a longer-than-anticipated market time.
High Maintenance Costs: Given the property's large size (6722 sqft), extensive lot (30492 sqft), infinity pool, and sophisticated systems, ongoing maintenance and utility costs are likely to be substantial.
Niche Market Appeal: While custom and unique, the specific design and location in Corona might appeal to a more niche luxury buyer, potentially limiting the buyer pool compared to properties in more universally sought-after high-end enclaves.

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