1075 Charles Street, Banning, California 92220, Banning, 92220 - 5 bed, 3 bath

1075 Charles Street, Banning, California 92220 home-pic-0

1075 Charles Street

Banning, California 92220

ACTIVE UNDER CONTRACT
CONDITION: FAIR
5Beds
3Baths
2,863Sq Ft
20,038Lot Size

Property Price

LIST PRICE$699,000
EST. MARKET VALUE
$699,000

SUMMARY

Analysis of 1075 Charles Street, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $699,000  aligned with the estimated $699,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$699,000
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
1075 Charles Street
Subject
$699,000*
List Price
532,863$244-
A
1454 Bryan Street
Sold
$620,000422,378$2610.2 mi
B
1079 Lyons Court
Active
$599,000
List Price
432,804$2140.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 2005, this property is well-maintained and functional, but many interior finishes are dated. The kitchen features white tile counters and older white appliances, and the primary bathroom has a dated vanity and carpeted flooring, which is generally undesirable. While one hall bathroom has been updated with modern tile and a glass shower, the overall impression is that significant cosmetic updates, including carpet replacement, would be desired by most buyers to modernize the home. The lack of explicit mention of central air conditioning is also a consideration.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 20038, living area = 2863.

  • Income/Flexible Living Potential (Casita)

    The property includes a unique two-bedroom, one-bathroom casita, offering significant flexibility for use as a guest house, home office, or potential rental income, greatly enhancing its value and appeal.

  • Large, Low-Maintenance Lot

    Boasting a substantial 20,038 sqft lot with a large backyard, the property features low-maintenance artificial turf, gravel, and concrete walkways, appealing to buyers seeking outdoor space without extensive upkeep.

CONSRISKS & DEFICIENCIES

  • Potential Lack of Central Air Conditioning

    The property description does not mention a cooling system, which could be a significant drawback in Banning's hot climate, potentially requiring a future investment for installation.

  • Dated Interior Finishes

    While clean, the presence of white tile counters and carpeting in bedrooms and the formal dining room may be considered less desirable or dated by some modern buyers who prefer solid surface countertops and hard flooring throughout.

  • Limited Natural Landscaping

    The low-maintenance yard, primarily covered with artificial turf, gravel, and concrete, may not appeal to buyers who prefer natural grass, extensive gardens, or more diverse, traditional landscaping.

About 1075 Charles Street

You have to see this three bedroom, two bathroom home with a two bedroom, one bathroom casita. Yes, that is five bedrooms and three bathrooms total. Unique for sure! Come see the open floor plan and large backyard, including two storage sheds and mature landscaping. The low maintenance yard is covered with artificial turf, gravel and concrete walkways. Use the casita as an office, guest house or for your extended family. It is located just steps away from the main house. Hard surface flooring, carpet in bedrooms. Clean white tile counters, a handy laundry room and space for a small table in the eat-in kitchen. There is a formal dining room, carpeted, updated hall bathroom in the main house. Primary suite has a walk-in closet and roomy ensuite. Fenced-in patio just outside. Quiet neighborhood with lots of space. Just below the mountains where you can visit Idyllwild and other mountain communities. You will love the area and the home. Consider making this your new home.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2005
Lot Size
20,038 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
96%
Baths3.02.0
60%
Square foot2,8631,683
97%
Lot Size20,0386,098
92%
Price$699.0K$450.0K
98%
Price per sq ft$244$261
32%
Built year20051998
67%
HOA$0$202
31%
Days on market79199
8%

Pricing History

Listed for Sale

Dec 18, 2025

$699,000

Initial Listing

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