1297 Green Island, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
1297 Green Island
Banning, California 92220
Property Price
SUMMARY
Analysis of 1297 Green Island, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $349,900 aligned with the estimated $341,474 Fair Market Value. This represents a stable investment opportunity at market rate. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1297 Green Island Subject | $349,900* List Price | 2 | 2 | 1,254 | $272 | - |
A 5992 Eagle Trace Sold | $355,000 | 2 | 2 | 1,254 | $283 | 0.2 mi |
B 1350 Pine Valley Sold | $335,000 | 2 | 2 | 1,440 | $233 | 0.1 mi |
C 6173 Inverness Drive Sold | $350,000 | 3 | 2 | 1,285 | $272 | 0.2 mi |
D 871 Cypress Point Sold | $340,000 | 2 | 2 | 1,082 | $314 | 0.2 mi |
E 1263 Pauma Valley Rd. Sold | $350,000 | 3 | 2 | 1,472 | $238 | 0.1 mi |
F 552 Pine Valley Sold | $355,000 | 3 | 2 | 1,247 | $285 | 0.4 mi |
G 5089 Oakhurst Pending | $344,999 List Price | 2 | 2 | 1,277 | $270 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant recent capital improvements. Although built in 1994, it has been updated within the last 5 years with modern luxury vinyl plank flooring, fresh interior and exterior paint, and a new HVAC system. The kitchen features desirable upgrades including granite countertops and stainless-steel appliances. While the overall structure is 30 years old, the recent cosmetic and systemic updates eliminate the need for immediate renovation, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Interior & Systems
The property is move-in ready with significant recent upgrades, including a new HVAC system, fresh interior and exterior paint, and newly installed luxury vinyl plank flooring throughout.
- Premier Community Amenities
Located in the Sun Lakes Country Club, residents benefit from a high-end 55+ lifestyle featuring golf courses, tennis, a gym, pools, and 24-hour gated security patrols.
- Versatile Floor Plan
The 1,254 sq ft layout includes a flexible bonus room that can serve as a third bedroom or office, complemented by high ceilings and a primary suite with a large walk-in closet.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $410 per month is a significant recurring expense that may impact the affordability for buyers on a fixed retirement income.
- Limited Lot Size and Views
With a modest lot size of 3,920 sq ft and no designated scenic views, the outdoor space is relatively compact compared to other premium lots in the area.
About 1297 Green Island
This charming single-family home located in the desirable Sun Lakes Country Club. Built in 1994, this well-maintained property features 2 bedrooms and 2 bathrooms with an additional room that can be used as a third bedroom. This home features 1,254 sq ft of living space an attached 2-car garage. With recent upgrades like a new HVAC system, recent interior and exterior paint newly installed luxury vinyl plank flooring. The interior showcases a cozy fireplace, central heating and cooling, and high ceilings. The kitchen is equipped with granite countertops and stainless-steel appliances. The primary bedroom offers an "en Suite" bathroom with a huge walk-in closet. The primary bedroom offers direct access to a beautifully landscaped backyard with a lattice-covered patio and vinyl fencing. Sun Lakes is a premier 55+ gated community with amenities such as award-winning golf course, tennis, a gym, pool, spa, clubhouse and 24-hour security patrols. This is an idyllic community situated within walking distance to shopping, entertainment, doctors offices, restaurants, house of worship and transportation.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1994
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 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 • 2.8 mi
Mountain View Middle School
Grades 6-8 • 3.5 mi
Banning High School
Grades 9-12 • 3.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 36% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,254 | 1,683 | 17% |
| Lot Size | 3,920 | 6,098 | 12% |
| Price | $349.9K | $450.0K | 15% |
| Price per sq ft | $279 | $261 | 64% |
| Built year | 1994 | 1997 | 48% |
| HOA | $410.0 | $202 | 97% |
| Days on market | 16 | 199 | 0% |
Pricing History
Listed for Sale
Feb 19, 2026
$349,900
Initial Listing
Sold
Jul 12, 2019
$230,000
Public Record
Sold
May 8, 2014
$189,000
Public Record
Sold
Dec 19, 2013
$179,000
Public Record
Sold
Jan 20, 1995
$114,500
Public Record