1961 Riviera, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
1961 Riviera
Banning, California 92220
Property Price
SUMMARY
Analysis of 1961 Riviera, Banning, California 92220 reveals a property with a current list price of $420,000, which is 3% above the estimated $407,002 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1961 Riviera Subject | $420,000* List Price | 2 | 2 | 1,785 | $228 | - |
A 2416 Wailea Beach Sold | $385,000 | 2 | 2 | 1,683 | $229 | 0.6 mi |
B 1973 Riviera Avenue Sold | $380,000 | 2 | 2 | 1,668 | $228 | 0.0 mi |
C 5098 Singing Hills Sold | $409,500 | 3 | 3 | 1,882 | $218 | 0.3 mi |
D 6283 Sawgrass Sold | $378,000 | 2 | 2 | 1,683 | $225 | 0.8 mi |
E 4945 Silverado Avenue Sold | $434,000 | 2 | 2 | 1,668 | $260 | 0.3 mi |
F 5016 Mission Hills Drive Sold | $345,000 | 2 | 3 | 1,456 | $237 | 0.3 mi |
G 2282 Wailea Beach Active | $419,900 List Price | 2 | 2 | 1,818 | $231 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 2000, this property is approximately 24 years old and retains most of its original builder-grade finishes, including oak cabinetry and white appliances. While the HVAC and water heater have been updated, the interior requires cosmetic 'TLC' such as new flooring and fresh paint to address visible wear and outdated aesthetics, fitting the criteria for a well-maintained but aged home needing minor updates.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Community Amenities
Located in the Sun Lakes Country Club, the property offers access to an active retirement lifestyle with golf, three clubhouses, multiple pools, tennis, and on-site dining.
- Key Mechanical Upgrades
The home features essential updated systems including a newer HVAC, water heater, and garage door opener, providing peace of mind and reducing immediate maintenance costs.
- Scenic Mountain Views
The Jasmine floor plan includes a private patio with desirable mountain views, enhancing the outdoor living space and overall property value.
CONSRISKS & DEFICIENCIES
- Cosmetic TLC Required
The interior needs new flooring and fresh paint throughout, which may deter buyers looking for a completely move-in-ready residence.
- High Monthly Association Fees
The $410 monthly association fee represents a significant recurring cost that may impact the budget of price-sensitive retirement buyers.
About 1961 Riviera
Jasmine plan in Sun Lakes Country Club - Mountain view from patio - two bedroom, two bath and den with formal living room and dining room and family room off kitchen - inside laundry room and great storage cabinet off hall. Two car garage - nice curb appeal - home needs a little TLC with paint inside and flooring. Home has ceiling fan in den and some shutters (also updated HVAC, water heater and garage door opener). Sun Lakes Country Club has plenty to do in your retirement years with activities, golf, clubs, bocce ball, tennis, paddle tennis, pickleball, 3 clubhouses, 2 outside pools, indoor pool and lounge & restaurant.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2000
- Lot Size
- 5,663 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 • 3.8 mi
Mountain View Middle School
Grades 6-8 • 4.5 mi
Banning High School
Grades 9-12 • 3.1 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 | 1,785 | 1,683 | 57% |
| Lot Size | 5,663 | 6,098 | 46% |
| Price | $420.0K | $450.0K | 41% |
| Price per sq ft | $235 | $261 | 24% |
| Built year | 2000 | 1998 | 54% |
| HOA | $410.0 | $202 | 97% |
| Days on market | 4 | 199 | 0% |
Pricing History
Listed for Sale
Mar 3, 2026
$420,000
Initial Listing
Sold
Jul 19, 2000
$151,500
Public Record