
Banning, California 92220
This Elegant Turnkey Residence is a Prime Investment Opportunity, listed at $515,000—positioned well below the $541,799 Fair Market Value by 4%. This valuation gap offers $26,799 in Instant Equity for buyers. Featuring a remodeled kitchen, mountain views, and a Condition Score of 2, the home provides a sophisticated lifestyle within the gated Sun Lakes Community. Located near Banning Unified schools, this move-in-ready asset is ideal for Owner-Occupants or retirees seeking a blend of luxury, security, and immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2488 Wailea Beach Subject | $515,000* List Price | 2 | 3 | 2,133 | $249 | - |
A 5032 Breckenridge Sold | $475,000 | 2 | 3 | 2,018 | $235 | 0.4 mi |
B 4976 Silverado Sold | $520,000 | 2 | 3 | 2,219 | $234 | 0.6 mi |
C 5001 Vintage Circle Sold | $508,000 | 2 | 3 | 2,133 | $238 | 0.1 mi |
D 5999 Warwick Hills Sold | $398,000 | 2 | 3 | 1,849 | $215 | 0.6 mi |
E 1436 S Riviera Avenue Sold | $464,500 | 2 | 2 | 1,785 | $260 | 0.6 mi |
F 2028 Melbourne Circle Sold | $525,000 | 2 | 3 | 2,219 | $237 | 0.3 mi |
G 6297 Sawgrass Active | $459,990 List Price | 2 | 3 | 2,133 | $216 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2002, the property has undergone extensive recent renovations that bring it to current quality standards. The home features a fully remodeled kitchen with modern white cabinetry, stone countertops, and stainless steel appliances, along with tastefully updated bathrooms and high-end flooring throughout. The interior is in turnkey condition with no signs of deferred maintenance.
The residence features high-end renovations including a remodeled kitchen, upgraded bathrooms, and enhanced flooring throughout, providing a sophisticated, move-in-ready experience.
Located within the secure Solera golf course community, the property offers residents a blend of privacy, security, and a prestigious lifestyle in a well-manicured environment.
The generous 2,133 sq ft floor plan includes a dedicated office and 2.5 bathrooms, offering rare functional flexibility for remote work and hosting guests in a two-bedroom home.
The monthly HOA fee of $410 is a significant recurring expense that may impact the overall affordability and appeal for budget-conscious buyers.
Despite the large square footage, the two-bedroom configuration may limit the property's appeal to a narrower demographic, such as retirees or couples, rather than larger families.
Welcome to 2488 Wailea Beach, an elegant residence nestled within a secure, gated golf course community inBanning. This beautifully upgraded home offers 2,133 sq ft of refined living space, featuring 2 bedrooms, a dedicated office, and 2.5 bathrooms, all set on a well-manicured 6,543 sq ft lot with striking curb appeal. Designed for both comfort and sophistication, the home is turnkey and move-in ready, showcasing premium upgrades throughout. Enjoy enhanced flooring across the entire home, a thoughtfully upgraded kitchen with modern finishes, and tastefully remodeled bathrooms that reflect quality craftsmanship. The living room is the heart of the home, highlighted by a stunning custom fireplace that adds warmth, character, and a luxurious focal point to the space. The open and functional floor plan offers flexibility for today’s lifestyle, with a private office ideal for remote work or creative use. Located within a beautifully maintained community surrounded by a golf course, this home delivers a blend of privacy, security, and upscale living
No exterior & parking available.
Grades K-5 • 3.5 mi
Grades 6-8 • 4.2 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,133 | 1,683 | 83% |
| Lot Size | 6,534 | 6,286 | 50% |
| Price | $515.0K | $446.2K | 75% |
| Price per sq ft | $241 | $263 | 32% |
| Built year | 2002 | 1995 | 62% |
| HOA | $410.0 | $202 | 92% |
| Days on market | 72 | 197 | 8% |
Feb 9, 2026
$515,000
Initial Listing
Jul 1, 2019
$389,000
Public Record
Apr 16, 2007
$450,000
Public Record
Dec 5, 2002
$252,000
Public Record