507 La Costa, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
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Banning, California 92220
This Renovated Resort-Style Residence is a Strong Value Opportunity, listed at $355,000—positioned well below the $387,006 Fair Market Value by 8%. This valuation gap provides $32,006 in Instant Equity. Boasting a Condition Rating of 2, the home features a comprehensive 2023 remodel with Granite and Corian countertops, upgraded windows, and an unobstructed golf course view. Located in the active Sun Lakes Country Club within the Banning Unified district, it offers a maintenance-free lifestyle. This is an ideal acquisition for Active Seniors or Downsizers seeking immediate luxury and financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 507 La Costa Subject | $345,000* List Price | 2 | 2 | 1,311 | $271 | - |
A 985 Hogan Avenue Sold | $285,797 | 2 | 2 | 1,356 | $211 | 0.4 mi |
B 440 La Costa Sold | $289,500 | 2 | 2 | 921 | $314 | 0.1 mi |
C 5502 Trevino Way Sold | $375,000 | 2 | 2 | 1,261 | $297 | 0.8 mi |
D 631 La Costa Sold | $285,000 | 2 | 2 | 985 | $289 | 0.1 mi |
E 5643 Trevino Sold | $310,000 | 2 | 2 | 1,300 | $238 | 0.7 mi |
F 5380 W Palmer Drive Sold | $259,000 | 2 | 2 | 985 | $263 | 0.5 mi |
G 6175 Saint Andrews Way Active | $289,000 List Price | 2 | 2 | 985 | $293 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2023 (less than 5 years ago), featuring fully remodeled bathrooms, an updated kitchen with stainless steel appliances and stone countertops, new windows, and updated plumbing, making it move-in ready with no maintenance required.
The property was comprehensively updated in 2023 with modern granite and Corian countertops, upgraded windows and sliders, new plumbing, and fully remodeled bathrooms, making it truly move-in ready.
Situated with a direct view of the golf course, this unit offers a high-value aesthetic and a sense of open space that is highly sought after in the Sun Lakes community.
Located in Sun Lakes Country Club, residents have access to an impressive array of amenities including golf, tennis, pickleball, a full-service restaurant, and an RV club, catering perfectly to an active retirement.
The association fee of $410 per month is a significant recurring cost that may impact the budget of fixed-income buyers or those sensitive to carrying costs.
Despite the 2023 interior updates, the 1987 construction year means the underlying building systems and common community infrastructure are nearly 40 years old, potentially leading to future maintenance needs.
Lovely Whitney Plan Condo, 2 bedroom, 2 bath and loft on 18th Tee of Championship Golf Course Home was updated around 2023 with just about everything. You need to come see for yourself. Includes Granite and Corian countertops, Upgraded windows and sliders, light fixtures, plumbing updated, Both bathrooms remodeled. Move in ready, bring your toothbrush, suitcase and dishes and start enjoying the retirement you deserve. Sun Lakes Country Club has so many activities to keep you moving: golf, tennis, paddle tennis, pickleball, travel club, full service restaurant, lounge, rv club, and many other activities. Come Join us.
No exterior & parking available.
Grades K-5 • 2.7 mi
Grades 6-8 • 3.3 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,311 | 991.5 | 71% |
| Lot Size | 4,356 | 435.5 | 79% |
| Price | $345.0K | $287.6K | 83% |
| Price per sq ft | $263 | $258 | 58% |
| Built year | 1987 | 1990 | 33% |
| HOA | $410.0 | $385 | 63% |
| Days on market | 52 | 184 | 4% |
May 31, 2026
$345,000
$355,000
-3% Price Drop
Initial Listing
Apr 24, 2026
$355,000
Initial Listing
Jan 12, 2021
$245,000
Public Record