About 3933 Malaga Street
Own, this iconic 65+-acre orchard property offers unparalleled potential, complete with fully approved final improvement plans, a recorded final map, and a clear path and timeline for grading and home construction. No additional agency resource permits are required, streamlining the development process. Designed with a focus on ranch and nature-inspired living, the project features large lot sizes that cater to strong market demand for single-story homes with expansive outdoor living areas. Local schools are conveniently located nearby, enhancing the appeal of this unique community. The property provides two exceptional development options: Develop 34 luxurious ½-acre homesites. After acquiring the property, you have the option to Capitalize on the potential to yield up to 60 lots contingent upon completing subsequent studies while staying within the grading limits of the existing map. Perched high above the city, this property is known for its breathtaking 360-degree panoramic views, bordering the Cleveland National Forest and the foothills of Orange County. With modern conveniences, employment centers, shopping, and entertainment close by, the location offers both serenity and accessibility. Residents will enjoy the natural beauty and tranquility of the surrounding forest, with daily opportunities to immerse themselves in nature’s splendor, including crisp air, stunning scenery, and unparalleled privacy. Fifteen years of meticulous planning have resulted in the creation of three separate parcels, now combined to form a remarkable opportunity for a master-planned upscale community. This property represents the last of its kind—a truly extraordinary offering in South Corona.
Features of 3933 Malaga Street
| MLS® # | PW25078845 |
|---|---|
| Price | $9,800,000 |
| Bathrooms | 0.00 |
| Lot Size | 2,831,400 |
| Type | Land |
| Status | Active |
Community Information
| Address | 3933 Malaga Street |
|---|---|
| Area | 248 - Corona |
| Subdivision | Forest Wealth Project |
| City | Corona |
| County | Riverside |
| Zip Code | 92882 |
Amenities
| Utilities | Other, See Remarks, Cable Available, Electricity Available, Underground Utilities, Water Available, Water Connected |
|---|---|
| View | Mountain(s), City Lights, Hills, Neighborhood, Trees/Woods |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Value In Land, Agricultural, Cul-De-Sac, Horse Property, Lot Over 40000 Sqft, Near Park, Orchard(s), Over 40 Units/Acre, Ranch, Secluded, Sprinkler System, Trees |
|---|
Additional Information
| Date Listed | June 17th, 2025 |
|---|---|
| Days on Market | 392 |
| Zoning | R |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Rafael Guzman |
|---|---|
| Office | Credent Real Estate |