1049 Olympic Avenue, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath

1049 Olympic Avenue, Banning, California 92220 home-pic-0

1049 Olympic Avenue

Banning, California 92220

ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,837Sq Ft
4,356Lot Size

Property Price

LIST PRICE$389,888
EST. MARKET VALUE
$378,877

SUMMARY

Estimated Market Value

$378,877
Based on Realkey algorithm analyzing recent comparable sales in Banning.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1049 Olympic Avenue
Subject
$389,888*
List Price
331,837$206-
A
1331 Pauma Valley Road
Sold
$339,900331,849$1840.5 mi
B
1052 Oakland Hills Drive
Sold
$375,000331,837$2040.1 mi
C
1321 Pleasant Valley
Sold
$385,000331,883$2040.4 mi
D
1289 Green Island Street
Sold
$380,000331,849$2060.7 mi
E
5772 Riviera
Sold
$360,000321,505$2390.5 mi
F
6001 Spanish Trail Cove
Sold
$419,100331,849$2270.5 mi
G
926 Olympic
Active
$389,000
List Price
331,837$2120.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1990, this home has received cosmetic updates such as new flooring and fresh paint, making it move-in ready. However, the kitchen features dated wood cabinets, tile countertops on the island, and white appliances. Bathrooms also show signs of age with older light fixtures, and the primary bathroom's shower enclosures and the guest bathroom's black toilet are outdated. Popcorn ceilings are visible throughout. While functional and well-maintained, the property requires minor updates to modernize the kitchen and bathrooms to current aesthetic standards.

PROSSTRENGTHS & OPPORTUNITIES

  • Resort-Style 55+ Community

    The property is situated in the highly desirable Sun Lakes Country Club, a gated 55+ community offering extensive amenities including golf courses, multiple pools, fitness centers, and a vibrant social calendar.

  • Thoughtfully Designed & Flexible Layout

    Features a dramatic foyer with soaring ceilings, a well-separated floor plan for privacy, a convenient primary suite on the main level, and a versatile upstairs loft.

  • Updated Interior with Modern Kitchen

    Described as 'thoughtfully updated,' the home includes a kitchen anchored by a central island, enhancing its modern appeal and functionality.

CONSRISKS & DEFICIENCIES

  • 55+ Community Restriction

    The age-restricted nature of the Sun Lakes community significantly limits the potential buyer pool, which could impact market demand and resale flexibility.

  • Monthly Association Fees

    A substantial monthly association fee of $410.0 adds a recurring cost to homeownership, which may be a deterrent for some buyers.

  • Property Age & Potential for Updates

    Built in 1990, while updated, some original systems or components may require future maintenance or upgrades, despite current thoughtful updates.

About 1049 Olympic Avenue

Discover this highly sought-after Muirfield 50 model. A thoughtfully updated 3-bed, 3-bath home nestled in the highly desirable Sun Lakes Country Club community. Double doors open into a dramatic foyer with soaring ceilings and an elegant staircase that sets the tone for this well-designed home. The layout offers separation and privacy: the formal living room sits on one side of the house - perfect for hosting - while the family room and kitchen flow together on the opposite side. The heart of the home features an open family room with abundant natural light, direct access to the backyard, a cozy fireplace, and a kitchen anchored by a central island. Ideal for casual gatherings and everyday living. The primary suite on the main level boasts high ceilings, a generous walk-in closet, and a connected bathroom with dual sinks and ample counter space. Upstairs, you’ll find a spacious additional bedroom with a walk-in closet plus a versatile loft area that can serve as a large bedroom, home office, hobby space, or media room. Step outside to your private fenced backyard with pavement for easy upkeep, plenty of space to garden, relax, or entertain under the sunshine. Whether you’re hosting friends or enjoying a quiet morning coffee, this outdoor space offers a peaceful retreat. This home combines comfortable living with an engaging community lifestyle where active adult living meets resort-style amenities just minutes from the I-10 corridor. Sun Lakes is a gated, 55+ community with a full calendar of social activities and resort-style facilities. It features three clubhouses, private 18-hole championship and executive golf courses, multiple pools and spas, fitness centers, tennis, pickleball and bocce courts, walking/biking paths, a full-service restaurant and sports bar, lounges with live entertainment, and numerous clubs and events that support both social and active lifestyles. Broker and agents do not represent or guarantee the accuracy of the square footage, income, expenses, condition, development potential, bedroom/ bathroom count, lot size or lot lines, dimensions, permitted or non-permitted spaces, or school eligibility. Buyer is advised to independently verify the accuracy of all information with appropriate professionals. There are no warranties or guarantees, buyer to rely solely on his/her/their own findings.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1990
Lot Size
4,356 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$410.0 / Month

Neighborhood Insights

Banning Unified Schools

Three Rings Ranch Elementary School

Grades K-5 • 3.4 mi

6/10

Mountain View Middle School

Grades 6-8 • 3.9 mi

5/10

Banning High School

Grades 9-12 • 3.2 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
60%
Square foot1,8371,683
61%
Lot Size4,3566,098
21%
Price$389.9K$450.0K
30%
Price per sq ft$212$261
10%
Built year19901997
39%
HOA$410.0$202
97%
Days on market81199
8%

Pricing History

Listed for Sale

Jan 10, 2026

$389,888

$399,887

-3% Price Drop

Initial Listing

Price Change

Jan 8, 2026

$399,887

$399,888

+0% Price Increase

Initial Listing

Price Change

Dec 16, 2025

$399,888

Initial Listing

Sold

Jul 11, 2024

$355,000

Public Record

Sold

Aug 28, 2001

$172,000

Public Record

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