
Banning, California 92220
This Single Family Residence is a Strong Value Opportunity, listed at $449,900—positioned well below the $419,834 Fair Market Value by -7%. While the list price exceeds the current valuation, the property offers significant upside through its Detached Bonus Room and Modernized Interior Upgrades, including a Granite Kitchen and custom tile work. With a Condition Rating of 3, the home is move-in ready, though it presents a value-add opportunity for those looking to modernize the HVAC system. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a versatile property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2174 W Lincoln Subject | $449,900* List Price | 3 | 2 | 1,345 | $312 | - |
A 554 Weather Sold | $355,000 | 3 | 2 | 1,289 | $275 | 0.3 mi |
B 711 N 16th Sold | $420,000 | 3 | 2 | 1,495 | $281 | 0.8 mi |
C 1137 W Williams Sold | $405,000 | 3 | 1 | 1,003 | $404 | 0.8 mi |
D 2880 Rainbow Lane Sold | $347,000 | 3 | 2 | 1,289 | $269 | 0.5 mi |
E 733 Daybreak Sold | $331,000 | 2 | 2 | 996 | $332 | 0.5 mi |
F 2735 W George Pending | $415,000 List Price | 3 | 2 | 1,234 | $336 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1961 but features a 5-15 year old renovation including granite countertops, newer cabinetry, laminate flooring, and a remodeled bathroom. The home is well-maintained and move-in ready, though it utilizes dated wall-mounted HVAC units rather than a modern central system.
The property features a fully detached bonus room suitable for guest quarters, a home office, or a studio, providing significant functional flexibility and added value beyond the main living area.
The home boasts a remodeled kitchen with granite countertops and newer cabinetry, alongside a guest bathroom featuring custom tile work, offering a contemporary feel that appeals to move-in-ready buyers.
Situated on a large corner lot with an extended driveway, the property offers superior curb appeal, enhanced privacy, and ample space for multiple vehicles or potential RV parking.
There is a significant discrepancy between the metadata (2 beds/1 bath) and the property description (3 beds/2 baths), which could lead to appraisal issues or buyer confusion during the due diligence process.
Built in 1961, the property may have underlying aged systems such as plumbing or electrical that require inspection, as these are often not fully addressed by cosmetic interior renovations.
The potential of this home is incredible! It all begins with the expansive corner lot and extended driveway, offering easy access and plenty of parking. Step inside to an inviting living room featuring beautiful laminate flooring and a cozy fireplace, seamlessly flowing into the dining area and kitchen. The kitchen is well-appointed with newer cabinetry, granite countertops, and abundant cabinet space—perfect for both everyday living and entertaining. Down the hall, you'll find two generously sized guest bedrooms and a beautifully remodeled guest bathroom showcasing stunning custom tile work. The spacious primary suite offers ample closet space and a private en-suite bathroom, creating a comfortable retreat. Outside, enjoy the privacy and versatility of the backyard, complete with multiple access points from both the home and the garage. One of this property's standout features is the fully detached bonus room, offering endless possibilities as guest quarters, a home office, craft room, game room, gym, or studio. This versatile property is full of opportunity and ready for you to make it your own. Don't miss your chance to own this unique home—schedule your private showing today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,345 | 1,574 |
| Lot Size | 6,970 | 5,523 |
| Price | $449.9K | $437.6K |
| Price per sq ft | $334 | $260 |
| Built year | 1961 | 2001 |
| HOA | $0 | $220 |
| Days on market | 4 | 79 |
Jul 18, 2026
$449,900
Initial Listing
Feb 23, 2016
$170,000
Public Record
Dec 21, 2009
$65,000
Public Record
May 11, 2007
$255,000
Public Record
Jun 14, 2001
$20,000
Public Record