
Banning, California 92220
Analysis of 18604 Ellis, Banning, California 92220 is currently available with a list price of $239,888. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1956, this 70-year-old home is explicitly marketed as a 'value-add opportunity' needing significant work. While it features some partial cosmetic updates like granite countertops and laminate flooring, the overall age and the listing's emphasis on 'bringing vision to life' and 'priced to reflect work needed' indicate it requires a full rehab of major systems and structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 950.
Priced competitively at $249,999, this property presents a significant equity-building opportunity for investors or buyers looking to customize a mountain home to their specific tastes.
The flat 0.25-acre lot includes a fully fenced backyard and an oversized detached garage with a workspace, offering rare utility and storage capacity for a property of this size.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property is explicitly priced to reflect the need for work, implying that substantial additional investment and labor will be required to bring the home to its full potential.
At only 950 square feet with a single bathroom, the compact layout and 1950s construction may limit appeal for larger families or those seeking more modern, spacious living areas.
Opportunity awaits with this mountain property full of potential! Situated on a flat 0.25-acre lot with hillside views, this home is ready for someone to bring their vision and creativity to life. Featuring a spacious layout, the large living room is anchored by an oversized wood-burning fireplace that adds warmth and character to the space. The kitchen and bathroom already feature granite countertops, good cabinet storage, a farmhouse sink, while laminate wood flooring and upgraded lighting have been installed in portions of the home. Both bedrooms are generously sized, and the indoor laundry room offers additional storage and convenience. Outside, the property includes a brick front porch, spacious side deck, fully fenced backyard, and an oversized detached garage with room for two vehicles plus extra workspace or storage. Located near local shops, restaurants, and outdoor recreation, this property presents a great chance for people looking to customize a mountain home to their liking. Priced to reflect the work needed, this is a strong value-add opportunity with plenty of upside.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 39% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 950 | 1,683 | 7% |
| Lot Size | 10,019 | 6,534 | 83% |
| Price | $239.9K | $437.5K | 3% |
| Price per sq ft | $253 | $263 | 43% |
| Built year | 1956 | 1996 | 15% |
| HOA | $0 | $195 | 38% |
| Days on market | 17 | 177 | 2% |
Jun 13, 2026
$239,888
$244,999
-2% Price Drop
Initial Listing
Jun 10, 2026
$244,999
$249,999
-2% Price Drop
Initial Listing
May 29, 2026
$249,999
Initial Listing
Sep 27, 2021
$235,000
Public Record
Mar 17, 2016
$150,000
Public Record
Jun 29, 2001
$53,000
Public Record
Oct 21, 1997
$38,000
Public Record