4965 Rio Bravo, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
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Banning, California 92220
This property presents a High-Potential Investment Opportunity with a List Price of $349,912—positioned well below the $358,963 Fair Market Value by 2%. This valuation gap offers $9,051 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home includes a seller credit for cosmetic updates, allowing for immediate value-add potential. Located in the resort-style Sun Lakes Country Club, this Single-Story Residence is ideal for Buy-and-Hold Investors or Owner-Occupants seeking an active adult lifestyle with championship golf and extensive amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4965 Rio Bravo Subject | $349,912* List Price | 2 | 2 | 1,542 | $233 | - |
A 5088 Rio Bravo Drive Sold | $410,000 | 2 | 2 | 1,668 | $246 | 0.2 mi |
B 4971 Rio Bravo Sold | $315,000 | 2 | 2 | 1,312 | $240 | 0.0 mi |
C 1800 Litchfield Sold | $375,000 | 2 | 2 | 1,683 | $223 | 0.8 mi |
D 5901 Indian Canyon Sold | $361,000 | 2 | 2 | 1,471 | $245 | 0.5 mi |
E 4960 Silverado Avenue Sold | $440,000 | 2 | 2 | 1,785 | $246 | 0.3 mi |
F 5965 Indian Canyon Sold | $389,000 | 2 | 2 | 1,471 | $264 | 0.6 mi |
G 6308 Turnberry Sold | $370,000 | 2 | 2 | 1,471 | $252 | 0.8 mi |
H 5909 Indian Canyon Sold | $360,000 | 2 | 2 | 1,683 | $214 | 0.5 mi |
I 5886 Myrtle Beach Drive Active | $372,000 List Price | 2 | 2 | 1,471 | $253 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2001, the property is 25 years old, placing it in the 'Fair' category (>20 years). While the exterior appears well-maintained, the seller's offer of a credit for flooring and paint, combined with the lack of interior photos, indicates the home likely features original, dated finishes that require cosmetic updates.
Located in the prestigious Sun Lakes Country Club, the property offers access to two championship golf courses, three clubhouses, pools, and extensive social facilities, ensuring a premium active adult lifestyle.
The seller is offering a buyer credit toward new flooring and paint, providing an excellent opportunity for the new owner to customize the interior to their personal taste while reducing immediate out-of-pocket costs.
The 1,542 square foot floor plan features a versatile den/office space and a seamless flow between the kitchen and living areas, perfectly designed for accessibility and comfortable everyday living.
The association fee of $410 per month is a significant recurring expense that may impact the overall affordability for buyers on a fixed retirement budget.
The current lack of interior photos in the listing may hinder initial buyer engagement and make it difficult for prospective residents to assess the home's condition prior to a physical showing.
Welcome to resort-style living in the highly sought-after 55+ gated community of Sun Lakes Country Club! This beautifully maintained single-story home offers 1,542 square feet with 2 bedrooms (+ Den/ Office Spae), 2 bathrooms, and a bright, functional floor plan designed for comfortable everyday living.The spacious living and dining areas are filled with natural light and flow seamlessly into the open kitchen, featuring ample cabinetry, generous counter space, and an adjoining family room - perfect for entertaining. The primary suite offers a private ensuite bath and walk-in closet, while the guest bedroom and second bath provide comfortable accommodations for visitors. Enjoy peaceful mornings or relaxing evenings on the covered patio overlooking the beautifully maintained backyard. As an added bonus, the seller is offering a BUYER CREDIT toward new flooring and/ or paint so you can add your own personal touch. Sun Lakes Country Club offers an unmatched active lifestyle with two championship golf courses, three clubhouses, indoor and outdoor pools, tennis and pickleball courts, fitness centers, a restaurant, bar and lounge, plus countless clubs and social activities. Conveniently located near shopping, dining, medical facilities, and freeway access, this is the perfect place to enjoy the best of active adult living.
No exterior & parking available.
Grades K-5 • 3.8 mi
Grades 6-8 • 4.4 mi
Grades 9-12 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,542 | 1,574 |
| Lot Size | 4,792 | 5,523 |
| Price | $349.9K | $437.6K |
| Price per sq ft | $227 | $260 |
| Built year | 2001 | 2001 |
| HOA | $410.0 | $220 |
| Days on market | 16 | 79 |
Jul 6, 2026
$349,912
Initial Listing
May 29, 2001
$148,500
Public Record