5640 Riviera, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
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Banning, California 92220
This Golf Course Frontage Residence is a Strong Value Opportunity, listed at $344,500—positioned well below the $349,500 Fair Market Value by 1%. This valuation gap offers $5,000 in Instant Equity. The home holds a Condition Rating of 4, presenting as exceptionally clean but retaining original 1988 aesthetics, allowing for forced appreciation through cosmetic updates. Situated in the amenity-rich Sun Lakes Country Club near Banning Unified schools, this property features unobstructed golf course views and is ideal for Active Adult Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5640 Riviera Subject | $337,000* List Price | 3 | 2 | 1,505 | $220 | - |
A 5772 Riviera Sold | $360,000 | 3 | 2 | 1,505 | $239 | 0.1 mi |
B 637 Torrey Pines Rd. Sold | $345,000 | 3 | 2 | 1,312 | $263 | 0.1 mi |
C 5609 Riviera Sold | $340,000 | 3 | 2 | 1,505 | $226 | 0.0 mi |
D 4824 Oakhurst Avenue Sold | $350,000 | 2 | 2 | 1,471 | $238 | 0.5 mi |
E 6173 Inverness Drive Sold | $350,000 | 3 | 2 | 1,285 | $272 | 0.5 mi |
F 1263 Pauma Valley Rd. Sold | $350,000 | 3 | 2 | 1,472 | $238 | 0.6 mi |
G 4961 W. Forest Oaks Active | $369,000 List Price | 3 | 2 | 1,505 | $245 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988, the home is exceptionally clean and well-maintained but remains largely in its original or early-renovation style. The kitchen features dated white cabinetry, tile countertops, and a floral wallpaper border, while the living areas contain older beige carpeting and traditional brass-style chandeliers. While the property is move-in ready and functional, it shows significant aesthetic depreciation and requires modern updates to flooring, fixtures, and appliances to meet current market standards.
The property is situated on an 18-hole championship golf course, offering serene views and a premium location within the community.
Located in Sun Lakes Country Club, residents have access to three clubhouses, two golf courses, pools, fitness centers, and over 80 social clubs.
The 'Riviera' model features a functional single-story layout with 3 bedrooms and a spacious great room, ideal for accessibility and comfort.
Built in 1988, the home may require updates to its original fixtures and systems to meet modern aesthetic and efficiency standards.
As a 55+ active adult community, the potential buyer pool is limited to a specific age demographic, which can impact resale speed.
The $410 monthly HOA fee, while inclusive of many services, represents a significant recurring expense for buyers on a fixed income.
MOTIVATED SELLERS offering a MAJOR PRICE REDUCTION in this Spacious Single Level 'RIVIERA' Model with VIEWS OF GOLF COURSE from Patio Area. This Home is located partially on 18-Hole Championship Golf Course in Sun Lake Country Club, a 55+ Active Adult Community, with NO MELLO ROOS. The Riviera Model is 3 BR + 2 BA with the Family Room adjacent to the Kitchen (Great Room) with cozy Fireplace and sliding doors to the Patio. Items of Buyer interest include NEWER A/C and EXTERIOR PAINTED, GORGEOUS VIEWS from the patio, which offers a newer Low Maintenance Alumawood Patio Cover running the length of the home - TERMITE INSPECTION/CLEARANCE on File ....... Sun Lakes Country Club goes beyond just a place to live - It's a vibrant community designed to keep you Active & Engaged, offering: TWO 18-HOLE GOLF COURSES with 2 Pro Shops, THREE Clubhouses, TWO Restaurants, Bar & Lounge, Tennis, PICKLE BALL COURTS, Pools (Including Large Indoor Pool), Jacuzzi Spas, THREE Fitness Centers & Fabulous Planned Activities Offered on a Daily Basis. There are 80+ Social CLUBS, including: Dancing, RV Club, Yoga, Table Tennis, Cards, Bocce Ball, Bowling, Car Club, Drama/Theatre Club, Sewing, Tennis, Knitting, Bingo, Travel, Quilters, Art League, International Culture, Genealogical Society, Garden, Photography, Travel, and a lot MORE .... If that's not Enough, Add TRIPS AND TRAVEL EXCURSIONS scheduled all year long. Association Dues INCLUDE CABLE TV & INTERNET - The community is Located Close to Casinos, World Famous Shopping (Cabazon and Palm Springs), Restaurants, and Excellent Medical Facilities - SUN LAKES COUNTRY CLUB is has a backdrop of two Mountain ranges, which offer stunning views - LIFE IS GOOD in our Awesome Community!
No exterior & parking available.
Grades K-5 • 3.0 mi
Grades 6-8 • 3.4 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,505 | 1,683 | 40% |
| Lot Size | 5,227 | 6,233.5 | 40% |
| Price | $337.0K | $442.7K | 10% |
| Price per sq ft | $224 | $263 | 18% |
| Built year | 1988 | 1995 | 30% |
| HOA | $410.0 | $202 | 92% |
| Days on market | 96 | 197 | 15% |
Mar 31, 2026
$337,000
$344,500
-2% Price Drop
Initial Listing
Feb 15, 2026
$344,500
$349,500
-1% Price Drop
Initial Listing
Jan 16, 2026
$349,500
Initial Listing
Apr 1, 1988
$111,000
Public Record