1469 E George, Banning, California 92220, Banning, 92220 - 4 bed, 3 bath
1469 E George
Banning, California 92220
Property Price
SUMMARY
Analysis of 1469 E George, Banning, California 92220 reveals a Prime Investment Opportunity with a current list price of $519,900—significantly undercutting the $539,900 Fair Market Value by 3%. This valuation gap indicates a +$20,000 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 1469 E George Subject | $519,900* List Price | 4 | 3 | 2,212 | $244 | - |
A 5218 Dogwood Place Sold | $527,818 | 3 | 3 | 2,195 | $240 | 1.0 mi |
B 230 E Hoffer Street Sold | $490,000 | 3 | 2 | 1,678 | $292 | 0.8 mi |
C 5110 Raintree Place Sold | $550,568 | 4 | 3 | 1,958 | $281 | 1.0 mi |
D 378 N Hargrave Street Sold | $447,000 | 3 | 2 | 1,613 | $277 | 0.4 mi |
E 660 N Florida Street Pending | $470,000 List Price | 5 | 2 | 1,740 | $270 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new 2026 construction in the final stages of completion. The property features modern high-end finishes including quartz countertops, white cabinetry, 9-foot ceilings, and waterproof laminate flooring. As a new build, all major systems (HVAC, electrical, plumbing) and appliances are new, and the inclusion of a seller-owned solar system further enhances its modern quality standards.
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 = 9583, living area = 2212.
- Exceptional Financial Value
This property offers significant long-term savings with no HOA dues, no Mello-Roos, and a seller-paid solar system that is owned outright, eliminating monthly lease payments.
- Modern New Construction
Built in 2026, the home features a contemporary 2,212 sq. ft. open-concept floor plan with 9-foot ceilings, quartz countertops, and durable waterproof laminate flooring throughout.
CONSRISKS & DEFICIENCIES
- Unfinished Outdoor Spaces
The backyard is currently a blank canvas requiring additional buyer investment and landscaping to become a fully functional and aesthetic outdoor living area.
- Active Construction Status
As the home is in the final stages of construction, buyers must account for the completion of essential exterior elements like the driveway and sidewalks prior to closing.
About 1469 E George
PRICE REDUCTION. NO HOA DUES, THE SOLAR SYSTEM WILL BE INSTALLED AND PAID FOR BY SELLER AT CLOSE OF ESCROW. IT WILL BE OWNED BY YOU, NO LEASE MONTHLY PAYMENTS. NO SPECIAL ASSESMENT TAX, NO MELLO ROOS TAX. This modern captivating home is at the final stages of construction. It showcases 2,212 sq. ft of open concept living space. A specious stylish kitchen with white cabinetry and quartz countertop overlooks the dining room and enticing family room. Soaring 9ft. ceilings create a sense of grandness in every room. This dream home features stain free waterproof laminate flooring throughout, tile in bathrooms, and plush elegant neutral color carpeting in bathrooms. The inviting primary suite offers two individual walking closets and a grand master bathroom with a sleek dual vanity. You will be amazing with the floor layout of the additional two full bathrooms and three bedrooms. Driveway, walkway, and sidewalks to be laid prior to closing. Front landscaping of mulch and water-resistant plants. Some pictures have been digitally staged. Let's not omit the pool-size fenced back yard waiting for your personal touch to make it the background of all your family memorable moments. This bargain new constructed home is located in an established tranquil neighborhood with breathtaking view of the mountains, within walking distance to Hoffer Elementary and Nicolet Middle School. Banning High School is minutes away. Peaceful Roosevelt Williams Park and Banning Connect bus top is less than 500 ft. away., The 10 freeway is approx 1/2 mile south.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,212 | 1,683 | 85% |
| Lot Size | 9,583 | 6,098 | 82% |
| Price | $519.9K | $450.0K | 80% |
| Price per sq ft | $235 | $261 | 24% |
| Built year | 2026 | 1998 | 99% |
| HOA | $0 | $202 | 31% |
| Days on market | 54 | 199 | 3% |
Pricing History
Listed for Sale
Mar 3, 2026
$519,900
$539,900
-4% Price Drop
Initial Listing
Price Change
Jan 12, 2026
$539,900
Initial Listing
Sold
Aug 23, 2023
$59,000
Public Record
Sold
Jun 7, 2007
$95,000
Public Record
Sold
Aug 9, 2006
$80,000
Public Record
Sold
Dec 23, 2005
$60,000
Public Record