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1280 1st, Norco, CA 92860

$1.05M3bd · 3ba · 2,815 sqft
Lot 56,628 sqft•Single Family Residence•
Active
•12d on market•MLS# RS-26228547

Property Description

**INVESTOR SPECIAL! CASH BUYERS — RARE 1.3-ACRE NORCO HORSE PROPERTY WITH TREMENDOUS UPSIDE POTENTIAL!** Exceptional opportunity to complete the renovation of this spacious single-story ranch-style property in the heart of Norco's Horsetown USA! Featuring 3 bedrooms, 3 bathrooms, approximately 2,815 square feet of living space, a private swimming pool, two-car garage, and an expansive 1.30-acre lot with no HOA. **A HORSE LOVER'S DREAM!** The property features extensive equestrian amenities, including multiple horse stalls and barns, a riding/training arena, tack and feed rooms, turnouts, wash racks, a round pen, and a hot walker. An exceptional setup for horse enthusiasts seeking space, functionality, and the opportunity to create their own private equestrian retreat. The seller has already invested approximately $100,000 in renovations, including windows, plumbing, bathroom improvements, drywall, interior doors, baseboards, moldings, and flooring. Much of the major interior renovation work has already been completed! Remaining improvements primarily include the kitchen, exterior painting, landscaping, and completion of one bathroom. With its substantial acreage, extensive equestrian facilities, and desirable Norco location, this property presents an outstanding value-add opportunity for investors, contractors, or experienced buyers looking to complete the renovation and unlock its full potential. **CASH OFFERS PREFERRED. PROPERTY SOLD AS-IS IN ITS PRESENT CONDITION. OFFERED AT $1,050,000!** Bring your contractor and your vision to transform this unique property into an exceptional Norco ranch estate.

Features & Amenities

FeeBuilt 1956

Property Details

Land Type
Fee
Year Built
1956
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
22
Garage Spaces
2
Cooling
Central Air
View
Hills
Flooring
Wood
City
Norco
Zip Code
92860
County
Riverside
Listed byeXp Realty of Southern CA, Luis Guevara

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,309.37
Principal & Interest
Loan Amount
$840,000
Total Interest
$1,071,374
Total Payment Over 30 Years
$1,911,374
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

Residential Tier · 5 active · 5 closed

1280 1st, Norco, CA 92860

Norco · Single Family Residence

$1.05M
Residential Tier
Beds
3
Baths
3
Sqft
2,815
Lot
1.30 ac
Year
1956
$/Sqft
$373
Pool: Yes✓
View: Hills✓
Garage: 2-car✓

Listed in line with the median closed sale of $1,050,000. Price per sqft ($373) is a 14% discount to closed comps ($433). Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $1.05M· $373/sqft
Total list price
Closed comps
vs closed median $1.05M
$0 (0.0%)
Active comps
vs active median $950K
+$100K (+10.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $453
−$80 (−17.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1080 1stNorco1966442,46321,344$386$950,0007078
1110 La SalleCorona1989432,93315,682$358$1.05M1368
2143 1st StreetNorco1972321,68737,461$551$930,0001567
1500 PacificNorco1968322,40027,878$415$995,0001064
1436 HilltopNorco1972421,62021,344$555$899,0001363
Total: 5 · Average3.62.62,220.624,741.8$453$964,80024.2
Median2,400$950,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1820 Corona AvenueNorco196205/11/2026432,37850,530$1.10M$1.05M$4420.953887
1390 Corona AvenueNorco197701/26/2026532,89888,427$999,900$1.07M$3691.0723176
954 ThoroughbredNorco200007/29/2026432,67023,522$1.17M$1.17M$4381.008176
785 Via BlairoCorona199710/19/2026442,34726,136$1.05M$1.05M$4471.0012174
1621 Valley ViewNorco197705/14/2026422,15639,204$997,000$1.01M$4671.015969
Total: 5 · Average4.23.02,489.845,563.8$1.07M$1.07M$432.6—106
Median2,378$1.05M$1.05M

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.