Listed by MCKENSIE LOWSTETTER •DRE #02074918 • SIMPLE REAL ESTATE GROUP

Contact: 949-423-9188

For sale

$1,400,000

Est. $9,570/mo

Land

•

0.43

acre (lot)

449 River Rd, Corona, CA 92878

About this home

Rare opportunity to acquire a fully entitled, shovel-ready infill condominium project in one of Corona’s most convenient, high-demand pockets. All construction, civil, architectural, and related plans are complete and approved, allowing a Buyer/Investor to step in and begin construction immediately—eliminating the time, risk, and carrying costs typically associated with the entitlement and plan-approval process. Situated on a level, highly visible corner parcel at River Rd & Cota St, this development offers strong address recognition, clean site identity, and practical access/circulation planning. The location is minutes to the 91 & 15 freeways, providing outstanding regional connectivity throughout the Inland Empire, Orange County, and beyond. Residents will enjoy a short walk to major shopping, dining, and daily conveniences, plus proximity to outdoor recreation with Santa Ana River Trail access nearby. Multiple exit strategies make this project ideal for a wide range of investors and developers. This is a true turnkey, entitled development—a buyer can acquire the land with approvals in hand and immediately execute on a strategy tailored to today’s market: retail sellout, income hold, or a blended approach.

Vacant landProperty Type

0.43 acresLot Size

$3,255,814Price/Acres

Listing updated: Jun 26, 2026 at 12:30pm

Redfin checked: 2 minutes ago

•Source:CRMLS #IV26057661

Payment calculator

$9,570 per month

Principal and interest$7,831

Property taxes

$1,458

HOA dues

Home insurance

$280

Utilities

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Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Parkridge Elementary School

Public K-6 • Assigned • 0.5mi

5/10

Auburndale Intermediate School

Public 7-8 • Assigned • 0.9mi

2/10

Norco High School

Public 9-12 • Assigned • 1.8mi

6/10

Provided by GreatSchools

About

Gateway

Gateway, located between Hamner Avenue and River Road, is a semi-rural and equestrian Norco neighborhood with horse properties and wide, trail-lined streets. The neighborhood’s character concentrates around the Hamner Avenue corridor near Hidden Valley Parkway, where feed stores, tack shops, and low-slung local eateries set a working-ranch tone. Single-story ranch homes and larger lots read as practical, with room for trailers, barns, and workshops. The Santa Ana River corridor frames the edge with open views and a quieter pace. George Ingalls Equestrian Event Center and SilverLakes Equestrian and Sports Park anchor local culture with year-round arenas and events. Norco College adds a civic campus feel at the neighborhood’s gateway.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Property has a view

Sale and tax history for 449 River Rd

Sale History
Tax History

Date

Event

Price

CRMLS #IV26057661

Mar 16, 2026

Listed

$1,400,000

CRMLS #IV20169645

Aug 24, 2021

Sold

$599,000

Jul 15, 2021

Contingent

—

Jul 1, 2021

Relisted

—

Jul 1, 2021

Price Changed

$649,000

Apr 9, 2021

Contingent

—

Apr 8, 2021

Relisted

—

Mar 31, 2021

Contingent

—

Mar 29, 2021

Relisted

—

Mar 25, 2021

Contingent

—

Mar 8, 2021

Price Changed

$669,000

Feb 8, 2021

Price Changed

$679,000

Sep 22, 2020

Price Changed

$699,000

Aug 19, 2020

Listed

$750,000

New Reduced Price!!Excellent Opportunity to own high density residential land and develop approximately 18,731 square feet of vacant land located at the signalized corner of River Rd. , & Cota Street. The property is situated in the R3: (HDR) High Density Residential, zone ideal for residential development, and allows for 15 to 36 dwellings per acre per the City of Corona zoning map. The proposed project includes nine condominiums ranging from 1,140 s. f. to 1,255 s. f. The total project size is approx. 15,170 s. f. This corner lot is conveniently located near the I-15 FWY that travels North/South and less than one(1) mile to the CA-91 FWY travelling EAST/WEST. Additionally, the property is within a short walk to major shopping areas and booming restaurants for convenience. The property is surrounded by over 77,448 households in a five (5) miles radius with an average annual household income of over $106,000. SUBMIT OFFER TODAY DESIGNED FOR NINE(9) UNITS OF THREE-STORIES WITH ELEVATOR, GYM & POOL AREA, LOBBY, AND COMMUNITY CENTER

Public record

Public record
Zoning

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Finished Sq. Ft.

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Total Sq. Ft.

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Year built

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Style

Vacant Land

County

Riverside County

APN

119081012

Parking Spaces

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Basement

—

Accessible

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HOA Dues

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Last updated by owner on Apr 13, 2023.

Multiple-Family Residential

The R-3 Multiple-Family Residential Zone is intended as a residential district for single family dwellings, duplexes and multiple-family residences. Except as specifically provided elsewhere in this title, any and every building and premises or land in an R-3 zone shall be used for or occupied and every building shall be erected, constructed, established, altered, enlarged, maintained, moved into and within the R-3 zone exclusively and only in accordance with the regulations set forth in this chapter.

Permitted uses

Include but are not limited to:

Greenhouse / nursery
Healthcare
Housing-Single unit
Housing-Multiple units
Housing-Student
Housing-Other
Recreation
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
Park & open space

Local insights from Redfin agents

Corona is known for its mix of shopping, dining, outdoor recreation, and convenient access to the 91 and 15 freeways. Local favorites like The Shops at Dos Lagos and The Crossings at Corona add plenty of places to eat, shop, and spend time outdoors.
2 weeks ago • Corona
Mayra Nicolas
Redfin agent
49 deals
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Historical weather

Corona, CA • 92878

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

95/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 7% for direct sun exposure in Corona. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

9.5 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 449 River Rd

$1,225,200

$175K under list price of $1.40M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $695K to $1.1M.

SOLD SEP 30, 2026
$875,000 Last sold price
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smaller lot
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smaller lot
SOLD JUL 6, 2026
$920,000 Last sold price
4 beds2 baths1,624 sq ft
1454 Hilltop, Norco, CA 92860
larger lot
SOLD MAY 4, 2026
$990,000 Last sold price
4 beds2.5 baths2,256 sq ft
2625 Three Bar Ln, Norco, CA 92860
larger lot
SOLD JUL 31, 2026
$695,000 Last sold price
3 beds2 baths1,878 sq ft
1059 Placid Dr, Corona, CA 92878
smaller lot

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

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See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 449 River Rd

Public record

Local insights from Redfin agents

Historical weather

Sun exposure

Redfin Estimate for 449 River Rd

Early Access listings

Nearby similar homes

New listings for sale in 92880

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