1228 Foothill, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath

1228 Foothill, Banning, California 92220 home-pic-0

1228 Foothill

Banning, California 92220

ACTIVE
CONDITION: GOOD
3Beds
3Baths
2,225Sq Ft
9,148Lot Size

Property Price

LIST PRICE$500,000
EST. MARKET VALUE
$519,999
3% BelowMARKET VALUE

SUMMARY

Analysis of 1228 Foothill, Banning, California 92220 reveals a Prime Investment Opportunity with a current list price of $500,000—significantly undercutting the $519,999 Fair Market Value by 3%. This valuation gap indicates a +$19,999 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

$519,999 +$19,999 Equity Potential
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
1228 Foothill
Subject
$500,000*
List Price
332,225$234-
A
1132 Foothill
Sold
$535,000232,225$2400.1 mi
B
4051 Chestnut Lane
Sold
$646,990432,556$2530.2 mi
C
5363 Echo Drive
Sold
$574,637322,135$2690.7 mi
D
5289 Raintree Place
Sold
$528,387431,958$2700.9 mi
E
5345 Echo Drive
Sold
$582,025432,286$2550.6 mi
F
5059 Eureka Avenue
Sold
$545,568442,195$2490.6 mi
G
1505 Willow
Active
$625,999
List Price
332,540$2460.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Built in 2006, this property falls within the 'Good' condition age range. The listing explicitly mentions an 'upgraded open concept kitchen,' indicating modern and well-maintained key areas. Exterior images show a clean, well-kept home with good curb appeal and a functional backyard, including a visible AC unit. While interior photos are not provided, the description suggests move-in readiness with no immediate major renovations required.

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 = 9148, living area = 2225.

  • No HOA or Mello-Roos

    The absence of HOA fees and Mello-Roos taxes significantly reduces monthly ownership costs, making the property more financially attractive.

  • Modern Single-Story Design

    Built in 2006, this single-story home offers a contemporary layout and construction, appealing to a wide range of buyers seeking convenience and accessibility.

CONSRISKS & DEFICIENCIES

  • Discrepancy in View Information

    While the description mentions 'gorgeous mountain views,' the structured data explicitly states 'view: None,' which could create confusion or unmet expectations for potential buyers.

  • Absence of Mentioned Cooling System

    The property description highlights a fireplace but does not mention a cooling system (e.g., central AC), which is a crucial amenity for comfort in Banning's climate, especially for a 2006 build.

  • Undefined Subdivision Name

    The 'Other' subdivision name might indicate a less established or defined community, which some buyers may perceive as a drawback compared to properties within named, master-planned developments.

About 1228 Foothill

No HOA. No Mello-Roos. This amazing home single story home features 3 spacious bedrooms, 3 bathrooms, a welcoming entry way/foyer, an upgraded open concept kitchen that opens up to the large living room complete with a fireplace, and plenty of room for storage. The large 3 car garage features plenty of room for your cars, toys, storage, and more. The large private back yard comes complete with a covered patio, large lawn, hardscaping, and gorgeous mountain views. The front of the home features great curb appeal, a large driveway, and a lush lawn. In terms of location, it is conveniently located near shopping, dinning, entertainment, casinos and, a short drive to Palm Springs. Don't miss this opportunity!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2006
Lot Size
9,148 Sq. Ft.

Interior

Total Bedrooms
3
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)
Beds3.03.0
50%
Baths3.02.0
60%
Square foot2,2251,683
86%
Lot Size9,1486,098
82%
Price$500.0K$450.0K
72%
Price per sq ft$225$261
17%
Built year20061998
67%
HOA$0$202
31%
Days on market53199
2%

Pricing History

Listed for Sale

Jan 13, 2026

$500,000

Initial Listing

Sold

Jan 25, 2006

$390,000

Public Record

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