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.