$885,000
$15K PRICE DROP

Estimated payment $4,959/month

Total Views 3,268
3 Beds
2 Baths
2,325 Sq Ft
$381 Price per Sq Ft

Highlights

  • Popular Property
  • City Lights View
  • Main Floor Primary Bedroom
  • Centennial High School Rated A-
  • Open Floorplan
  • Great Room

About This Home

BACK ON THE MARKET! NO FAULT TO SELLER!! Here is your SECOND CHANCE to call this HOME SWEET HOME with a $14k Price Improvement!!! Two Properties. One Purchase|Prime Corona Investment and/or Multi-Generational Opportunity | No HOA | Main House includes 3 Bedrooms, 2 Full Bathrooms|Attach CASITA with 1 Bedroom, 1 Bathroom, Full Kitchen, Separate Living Room, Separate Entrance, + Extra Vacant Land Included! Welcome to 515 Newhall Drive, a truly unique and versatile property offering endless possibilities for homeowners, investors, and multi-generational living—all in a prime Corona location near the 91 & 15 freeways with no HOA. The main residence features 3 bedrooms and 2 bathrooms, thoughtfully designed with an open floor plan that flows seamlessly from the formal living room, complete with a cozy fireplace to the kitchen. Just beyond the dinning room and kitchen, enter into the spacious family room/game room which provides the ideal setting for gatherings and entertainment, featuring a wet bar and plenty of room to host. Attached to the home is a fully equipped apartment style living area/casita, offering incredible flexibility and income potential. It can be accessed internally via a unique spiral staircase or through its own private exterior entrance from the backyard. This space offers approximately 700 sq ft of living area and includes LVP flooring, a private living room, full kitchen, separate bedroom with a walk-in closet, and a large bathroom—ideal for extended family, guests, or rental income. The property sits on an 8,276 sq ft lot, featuring lush greenery landscaping, plantation shutters, a covered patio, and a tranquil backyard pond creating a peaceful retreat. The front driveway offers potential RV or boat parking. Adding significant value, the sale includes an additional vacant parcel with its own APN, offering 3,484 sq ft of additional lot space. When combined, the total lot size is approximately 11,760 sq ft. The vacant land is directly accessible from the backyard with no private road, presenting a rare opportunity for future expansion, development, or long-term investment. This is truly a must-see home to fully understand all the endless possibilities it offers.

Listing Agent

Ashley Prieto

KW Temecula Brokerage Phone: 951-283-8535 License #02162174 Listed on: 01/26/2026

KW Temecula

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • 122-180-018

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 2,325 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Game Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 2713
  • Assessor Parcel Number 122171003
  • $64 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1964

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 122171003
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2325.00 Square Feet
  • Interior Amenities: Wet Bar, Ceiling Fan(s), Recessed Lighting, Open Floorplan, In-Law Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Multi/Split, One, Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 380.65
  • Room Type: Primary Bedroom, Separate Family Room, Main Floor Primary Bedroom, Kitchen, Great Room, Living Room, Main Floor Bedroom, Primary Bathroom, Game Room

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights, Sidewalks

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 122-180-018
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8276.00
  • Lot Size Acres: 0.1900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8276.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 57
  • Tax Tract Number: 2713
  • TaxOtherAnnualAssessmentAmount: 64.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,956 $449,835 $146,786 $303,049
2023 $4,956 $432,369 $141,087 $291,282
2022 $4,800 $423,892 $138,321 $285,571
2021 $4,705 $415,581 $135,609 $279,972
2020 $4,654 $411,321 $134,219 $277,102
2019 $4,547 $403,257 $131,588 $271,669
2018 $4,445 $395,351 $129,009 $266,342
2017 $4,336 $387,600 $126,480 $261,120
2016 $4,295 $380,000 $124,000 $256,000
2015 $2,451 $223,070 $53,131 $169,939
2014 $2,362 $218,703 $52,092 $166,611
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2026 02/25/26 Price Changed $885,000 -1.7% $381 / Sq Ft
02/05/2026 02/05/26 For Sale $899,990 0.0% $387 / Sq Ft
01/30/2026 01/30/26 Pending -- -- --
01/26/2026 01/26/26 For Sale $899,990 +136.8% $387 / Sq Ft
09/15/2015 09/15/15 Sold $380,000 +1.3% $163 / Sq Ft View Prior Sale
08/01/2015 08/01/15 Pending -- -- --
07/24/2015 07/24/15 For Sale $375,000 -- $161 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $380,000 First American Title Company
Grant Deed $380,000 First American Title Company
Interfamily Deed Transfer -- Landsafe
Interfamily Deed Transfer -- Landsafe Title
Interfamily Deed Transfer -- Landsafe Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed -- First American Title Ins Co
Grant Deed $133,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $361,212 FHA
Previous Owner $361,212 FHA
Previous Owner $183,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $100,000 Purchase Money Mortgage
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW26009016

California Regional Multiple Listing Service (CRMLS)

APN: 122-171-003

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