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1886 Pele Way, Corona, CA 92882

$1.50M5bd · 3ba · 3,423 sqft
Lot 7,405 sqft•HOA $325/mo•Single Family Residence•
Active
•55d on market•MLS# OC-26182202

Property Description

Perched high in the exclusive, 24-hour gated hilltop enclave of Sierra Bella community, this breathtaking 2021-built residence sits on a premier corner lot capturing unobstructed, sweeping vistas of rolling hills, city lights, and majestic Mount Baldy. Spanning an expansive 3,423 square feet, the light-filled, open-concept floor plan exudes contemporary luxury—highlighted by high ceilings, rich French Oak hardwood flooring, recessed lighting, and expansive windows fitted with custom plantation shutters. Designed with supreme flexibility, the main level hosts a dedicated home office complete with custom built-in shelving, a full guest or in-law bedroom, and an adjacent full bathroom featuring a relaxing soaking tub. At the center of the home lies a true chef’s kitchen, crafted with custom cabinetry, glowing quartz countertops, a wide subway tile backsplash, and an oversized center island anchored by designer pendant lighting. Culinary enthusiasts will love the high-end stainless steel appliance package, featuring a high-heat 5-burner gas cooktop and a high-performance range hood. Oversized sliding glass doors open directly to the home’s defining crown jewel—a professionally custom-landscaped backyard crafted as the ultimate view-centric entertaining oasis, offering generous hardscape and lounge seating designed for al fresco dining against a backdrop of glowing sunsets and twinkling city lights. Upstairs, a spacious central loft provides a versatile secondary living room, media hub, or potential 6th bedroom. Three additional well-proportioned bedrooms are thoughtfully arranged for maximum privacy and share a stylishly upgraded full bath with dual quartz vanities and a soaking tub. The primary retreat serves as a private sanctuary, capturing elevated hill views and showcasing a spa-inspired en-suite bath complete with a deep soaking tub, a glass walk-in shower, dual quartz vanity sinks, a dedicated makeup station, porcelain tile floors, and an expansive walk-in closet. Additional features include a direct-access 3-car garage outfitted with durable epoxy flooring and custom storage cabinets, and integrated smart home technology. Beyond the private gates, residents enjoy resort-like amenities, including basketball courts, shaded picnic pavilions, BBQ, parks, and foothill hiking trails. Convenient access to schools, shopping, and major freeways. Don’t miss your chance to own this beautifully upgraded, move-in-ready home—schedule your private tour today!

Features & Amenities

FeeBuilt 2021

Property Details

Land Type
Fee
Year Built
2021
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
3
Garage Spaces
3
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Mountain(s)
Flooring
Tile, Wood
Roof
Tile
City
Corona
Zip Code
92882
County
Riverside
Listed byUnknown Office, Erica Tang

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,559.53
Principal & Interest
Loan Amount
$1,196,000
Total Interest
$1,525,432
Total Payment Over 30 Years
$2,721,432
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1886 Pele Way, Corona, CA 92882

Corona · Single Family Residence

$1.50M
Luxury Tier
Beds
5
Baths
3
Sqft
3,423
Lot
7,405 sqft
Year
2021
$/Sqft
$437
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 3-car✓

Listed 91.7% above the median closed sale of $780,000. Price per sqft ($437) is a 59% premium to closed comps ($275). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.50M· $437/sqft
Total list price
Closed comps
vs closed median $780K
+$715K (+91.7%)
Active comps
vs active median $960K
+$535K (+55.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $328
+$109 (+33.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
11313 Atlas CourtCorona2019432,9004,604$293$850,0001884
3695 Garretson AvenueCorona1999533,1817,841$307$975,0003977
1916 Olympia FieldsCorona2000532,9497,405$390$1.15M19275
395 SelkirkCorona1998433,0217,405$316$954,9005375
3287 Stargate DriveCorona2000532,8726,969$334$959,9992474
Total: 5 · Average4.63.02,984.66,844.8$328$977,779.865.2
Median2,949$959,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
25465 Hyacinth StreetCorona200509/15/2026553,0867,405$789,900$780,000$2530.993990
8863 Soothing CourtCorona200509/29/2026433,3869,148$900,000$880,000$2600.9818090
8824 Soothing CourtCorona200509/11/2026543,6769,148$1.30M$1.28M$3480.9817387
11872 Bellrose CourtCorona201910/06/2026532,8604,356$749,000$740,000$2590.996185
24764 Rockston DriveCorona201909/09/2026532,8604,356$750,000$735,000$2570.985384
Total: 5 · Average4.83.63,173.66,882.6$883,000$883,000$275.4—101.2
Median3,086$780,000$780,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.