
Banning, California 92220
This Spacious Single-Family Residence is a Prime Investment Opportunity, listed at $550,000—positioned well below the $578,652 Fair Market Value by 4%. This valuation gap provides $28,652 in Instant Equity for the buyer. While maintaining a Well-Maintained Condition Rating, the 1997 interior offers significant upside through cosmetic modernization. The property features 6 Bedrooms, Paid Solar Panels, and an expansive 13,068 sqft lot with Mountain Views and RV Parking. It is an ideal match for Multi-Generational Families or Owner-Occupants seeking a value-add home in the Banning Unified School District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4912 Corral Circle Subject | $560,000* List Price | 6 | 3 | 2,119 | $275 | - |
A 5262 Spring View Sold | $520,000 | 4 | 2 | 1,576 | $330 | 0.2 mi |
B 998 Sycamore Court Pending | $515,000 List Price | 4 | 2 | 1,699 | $303 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this property is well-maintained and move-in ready but shows signs of being outdated. While it features updated laminate and tile flooring along with paid solar panels, the kitchen and bathrooms retain their original 90s-style footprints with painted cabinetry and dated fluorescent box lighting rather than a full modern renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2119.
The inclusion of fully paid solar panels provides significant long-term value and immediate utility cost savings, a major financial incentive for modern buyers.
Situated on a generous 13,068 sqft cul-de-sac lot, the property offers exceptional privacy, a massive backyard for potential expansion, and dedicated space for RV or toy storage.
Fitting 6 bedrooms into 2,119 square feet suggests that individual room sizes may be quite small, which could be a drawback for buyers prioritizing spacious living areas.
Built in 1997 and marketed for its 'potential,' the interior likely requires cosmetic updates or renovations to compete with newer or fully remodeled homes in the area.
Welcome to this spacious and versatile 6-bedroom, 3-bathroom home nestled on an expansive lot in a quiet cul-de-sac. With plenty of room to grow, this property offers the perfect blend of comfort, functionality and outdoor potential. Inside, you'll find generous living spaces ideal for large families, multi-generational living, or anyone needing extra rooms for a home office, gym, or guest accommodations. The layout provides flexibility and comfort, making it easy to tailor the home to your lifestyle. Step outside to a huge backyard with endless possibilities- whether you envision a pool, garden, workshop, or entertainment space, there's room to make it your own. The property also features convenient RV parking and ample space for additional vehicles, toys, or future expansions. Tucked away in a desirable cul-de-sac location, this home offers privacy while still being close to everyday conveniences. Don't miss this rare opportunity to own a property with space, versatility and incredible potential. BONUS!!!! PAID SOLAR PANELS!!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,119 | 1,683 | 82% |
| Lot Size | 13,068 | 6,286 | 89% |
| Price | $560.0K | $446.2K | 89% |
| Price per sq ft | $264 | $263 | 51% |
| Built year | 1997 | 1995 | 52% |
| HOA | $0 | $202 | 33% |
| Days on market | 27 | 197 | 0% |
Apr 11, 2026
$560,000
$550,000
+2% Price Increase
Initial Listing
Mar 26, 2026
$550,000
Initial Listing
May 20, 2016
$275,000
Public Record
Apr 29, 2011
$179,000
Public Record
Apr 8, 2004
$230,000
Public Record
Dec 18, 1997
$102,000
Public Record