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Lot/land
  • Listed by: Nexus Commercial • Scott Vu • Contact: 714-454-5114
    $495,000

    11350 Diamond Back Rd, Corona, CA 92883

    --beds
    --baths
    5Acres
    Unimproved Land
    Built in ----
    5 Acres Lot
    $480,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Perched atop the rolling hills of prestigious Temescal Valley in South Corona, this exceptional offering includes two adjoining 2.5-acre parcels totaling approximately 5 acres (APNs: 283-220-015 and 283-220-023). Zoned R-A-5, this remarkable hillside property offers an outstanding opportunity to build a private luxury estate, equestrian retreat, family compound, or investment in one of Southern California's most desirable communities. Offered for the first time in more than 20 years, the property enjoys an elevated setting with breathtaking panoramic views of the surrounding hills, valleys, and sparkling city lights. Bordering the award-winning Terramor master-planned community—home to approximately 1,450 upscale residences—and located near Diamond Back Road and Spanish Hills Drive, this unique property combines privacy, prestige, and exceptional convenience. The site previously featured a single-family residence that was lost to fire, leaving behind the existing foundation. Buyers should verify the condition and availability of utilities, which may provide a valuable head start for future development. With no HOA restrictions, you'll have the freedom to design and build the custom home you've always envisioned. Despite its peaceful hillside setting, the property is just minutes from Interstate 15, providing convenient access to Orange County, Los Angeles, and San Diego. Dos Lagos, with premier shopping, dining, golf, and entertainment, is approximately 10 minutes away, while Downtown Corona is about 15 minutes away. Outdoor enthusiasts will also appreciate the nearby Walker Canyon Trailhead and the famous California Poppy Superbloom. Whether you're planning a custom hillside estate, a private retreat, or a long-term investment, this exceptional 5-acre property offers an ideal blend of privacy, scenic beauty, and accessibility in the heart of Temescal Valley. Seller financing may be available for qualified buyers.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Vu DRE #01844487 714-454-5114,

    Nexus Commercial

    Source: CRMLS,MLS#: OC26152022MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Property

      Features
      • Has view: Yes
      • View description: City Lights, Canyon, Hills, Mountain(s), Neighborhood, Panoramic, Valley
      Lot
      • Size: 5 Acres
      • Features: Lot Over 40000 Sqft, Rectangular Lot, Rolling Slope
      Details
      • Additional parcels included: 283220023
      • Parcel number: 283220015
      • Zoning: R-A-5
      • Special conditions: Standard

      Utilities & green energy

      • Water: See Remarks
      • Utilities for property: Electricity Available, See Remarks

      Community & HOA

      Community
      • Features: Mountainous, Rural
      Location
      • Region: Corona

      Financial & listing details

      • Tax assessed value: $52,126
      • Annual tax amount: $587
      • Date on market: 7/12/2026
      • Listing terms: Cash,Owner May Carry
      • Road surface type: Unimproved

        Estimated market value

        $480,100

        $456,000 - $504,000

        $2,462/mo

        Price history

        DateEventPrice
        7/12/2026Listed for sale$495,000+354.1%
        Source: CRMLS #OC26152022 Report a problem
        7/2/2003Sold$109,000+188.6%
        Source: Public Record Report a problem
        11/7/2002Sold$37,773-19.6%
        Source: Public Record Report a problem
        4/8/1999Sold$47,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$587 +3.4%$52,126 +2%
        2024$568 +1.4%$51,104 +2%
        2023$560 +1.9%$50,102 +2%
        2022$550 +2%$49,120 +2%
        2021$539 +1.1%$48,157 +1%
        2020$533 +2.4%$47,664 +2%
        2019$521 +2.3%$46,730 +2%
        2018$509 +2.5%$45,814 +2%
        2017$496 $44,916 +2%
        2016$496 +3.2%$44,036 +1.5%
        2015$481 +3.9%$43,376 +2%
        2014$463 $42,527 +2.5%
        2012-- $41,506 +2%
        2011-- $40,693 -49.9%
        2010-- $81,292 -0.2%
        2009-- $81,487 +84.8%
        2008-- $44,102 +2%
        2007-- $43,238 +2%
        2006-- $42,391 +2%
        2005-- $41,560 +38.5%
        2003-- $30,002 +2%
        2002-- $29,415 +2%
        2001$313 +1.8%$28,839 +2%
        2000$307 $28,274
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 92883

        Getting around

        3 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        6 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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