361 Spur Dr Norco, CA 92860
Norco Farms NeighborhoodEstimated payment $12,282/month
Highlights
- In Ground Pool
- View of Hills
- Main Floor Bedroom
- 1.88 Acre Lot
- Vaulted Ceiling
- No HOA
About This Home
**Income Opportunity – Own Your Own Horse Boarding Facility!**
This exceptional ranch is the perfect investment for homeowners seeking to offset their mortgage. It is tailored for professional trainers, competitive riders, and serious equestrian enthusiasts.The stunning 1,984 sq. ft. ranch home, built in 2001, sits on 1.88 acres and features 4 bedrooms and 2 bathrooms. Highlights of the home include vaulted ceilings, hardwood flooring throughout, recessed lighting, and a big open kitchen equipped with double convection ovens. The home also has a separate dining room and a spacious family room with a charming brick fireplace. Enjoy the large country porch overlooking the ranch and relax in the sparkling swimming pool. This property includes paid-off solar panels, a tankless water heater, and a newer AC unit. Additionally, part of the garage has been converted into an approximately 450 sq. ft. studio apartment with a full bath and walk-in closet (permits unknown), making it ideal for rental purposes or accommodation for a ranch hand.The ranch currently has an established client base for its lesson program, offering approximately 60-80 lessons per week and accommodating 12 current boarders. It features an expansive 100' x 75' fully lit arena with sprinklers, perfect for various riding disciplines. There is also a second arena measuring 70' x 90', which is equipped with lights and sprinklers, as well as an outdoor covered patio that overlooks the arena.The facility includes 22 stalls measuring 16' x 16', complete with a fly spray system and aisleway fans, along with 3 additional stalls measuring 14' x 14'. Other amenities include a hay and shaving bay, four cement crossties (two fully covered), and one wash rack with hot water hookups at the crossties, along with an outdoor washing machine. An outdoor bathroom provides easy access. Additionally, there is a large tool shed, 22 tack lockers for boarders, and two larger private tack rooms or offices. Ample parking for boarders is also available, including RV parking with a sewer clean-out and 50-amp service, as well as trailer parking, a private driveway, and an electric keypad gate for entry. An alarm system with cameras is installed throughout the property. This property must be seen to be fully appreciated!
Listing Agent
Kim Petersen, Broker Brokerage Phone: 909-917-4444 License #01329819 Listed on: 10/13/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 2000
Lot Details
- 1.88 Acre Lot
- Cul-De-Sac
- Block Wall Fence
- Chain Link Fence
- Pipe Fencing
- Level Lot
- Back and Front Yard
Parking
- 2 Car Attached Garage
- Parking Available
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,984 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Recessed Lighting
- Gas Fireplace
- Living Room with Fireplace
- Views of Hills
- Double Convection Oven
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Above Ground Spa
Schools
- Norco High School
Horse Facilities and Amenities
- Horse Property Improved
Utilities
- Central Heating and Cooling System
- Septic Type Unknown
Listing and Financial Details
- Legal Lot and Block A / 40
- Tax Tract Number 1733
- Assessor Parcel Number 133080016
- $34 per year additional tax assessments
Community Details
Recreation
- Horse Trails
Additional Features
- No Home Owners Association
- Card or Code Access
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,122 | $835,614 | $208,900 | $626,714 |
| 2023 | $9,122 | $803,168 | $200,789 | $602,379 |
| 2022 | $13,543 | $787,420 | $196,852 | $590,568 |
| 2021 | $13,368 | $771,982 | $192,993 | $578,989 |
| 2020 | $13,227 | $764,068 | $191,015 | $573,053 |
| 2019 | $13,028 | $749,087 | $187,270 | $561,817 |
| 2018 | $12,833 | $734,400 | $183,600 | $550,800 |
| 2017 | $12,435 | $704,175 | $176,043 | $528,132 |
| 2016 | $12,360 | $690,369 | $172,592 | $517,777 |
| 2015 | $12,200 | $680,000 | $170,000 | $510,000 |
| 2014 | -- | $501,220 | $168,477 | $332,743 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/13/2025 10/13/25 | For Sale | $2,199,000 | +223.4% | $1,108 / Sq Ft | |
| 10/29/2014 10/29/14 | Sold | $680,000 | 0.0% | $343 / Sq Ft | View Prior Sale |
| 08/19/2014 08/19/14 | Pending | -- | -- | -- | |
| 08/18/2014 08/18/14 | For Sale | $680,000 | -- | $343 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Lawyers Title | |
| Grant Deed | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Western Resources Title | |
| Interfamily Deed Transfer | -- | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | $680,000 | First American Title Company | |
| Grant Deed | $476,000 | Lsi Title Company Ca | |
| Trustee Deed | $480,725 | None Available | |
| Interfamily Deed Transfer | -- | First American Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Grant Deed | $450,000 | Chicago Title Co | |
| Trustee Deed | $89,893 | North American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $480,000 | New Conventional | |
| Previous Owner | $405,000 | New Conventional | |
| Previous Owner | $400,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $380,800 | New Conventional | |
| Previous Owner | $420,250 | Stand Alone First | |
| Previous Owner | $40,000 | Stand Alone Second | |
| Previous Owner | $360,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV25236379
APN: 133-080-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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