5774 Myrtle Beach Drive, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
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Banning, California 92220
This Single Family Residence is a High-Potential Investment Opportunity, listed at $355,000—positioned above the $321,594 Fair Market Value by 10%. While the list price exceeds the current valuation, the property offers a Fair Condition Rating with recent kitchen upgrades and a prime corner lot in the amenity-rich Sun Lakes community. Featuring Mountain Views and access to Resort-Style Amenities, this home provides a stable lifestyle asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a gated community lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5774 Myrtle Beach Drive Subject | $345,000* List Price | 2 | 2 | 1,312 | $248 | - |
A 4971 Rio Bravo Sold | $315,000 | 2 | 2 | 1,312 | $240 | 0.5 mi |
B 5965 Indian Canyon Sold | $389,000 | 2 | 2 | 1,471 | $264 | 0.2 mi |
C 5981 Indian Canyon Drive Sold | $380,000 | 2 | 2 | 1,471 | $258 | 0.2 mi |
D 5901 Indian Canyon Sold | $361,000 | 2 | 2 | 1,471 | $245 | 0.1 mi |
E 6308 Turnberry Sold | $370,000 | 2 | 2 | 1,471 | $252 | 0.4 mi |
F 5088 Rio Bravo Drive Sold | $410,000 | 2 | 2 | 1,668 | $246 | 0.4 mi |
G 5838 Myrtle Beach Drive Pending | $365,000 List Price | 2 | 2 | 1,312 | $278 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the home is well-maintained but dated. While it features new stainless steel appliances and updated laminate flooring in bedrooms, the kitchen and bathrooms retain original oak cabinetry and white tile countertops from the late 90s, placing it in the 'Fair' category due to age and the need for cosmetic modernization.
Situated in the Sun Lakes community, the property offers access to premium country club amenities including golf, tennis, an indoor pool, and a secure gated entry, significantly enhancing lifestyle value.
The home is positioned on a tastefully landscaped corner lot, providing superior privacy, mountain views, and a more spacious feel compared to standard interior lots.
The interior features a refreshed kitchen with new stainless steel appliances, including a new oven, refrigerator, and microwave, making the home move-in ready and reducing immediate capital expenditure.
The association fee of $410 per month represents a significant recurring carrying cost that may impact the debt-to-income ratio for some buyers or deter budget-conscious investors.
At 1,312 square feet, the home's footprint is relatively compact, which may be a drawback for buyers seeking larger living areas or more versatile guest accommodations.
Tastefully Landscaped and Situated on a Corner Lot, This Sun Lakes Community Home Offers Both Privacy and Access to Many Country Club Amenities Such as Tennis, Golf, Indoor Pool, Secure Gated Entry and More.....The Interior Boasts Tranquil Color Scheme, Spacious Living Room with Fireplace, Open Kitchen [includes new stainless steel oven and refrigerator, new microwave, dishwasher], Eating Area Highlighted by Natural Light....Primary Bedroom has Room for Reading Area/Sitting Area/Vanity, Walk In Closet and Direct Access to Patio [Primary Bathroom has Dual Sinks]...Additional Bedroom has Ample Space Adjacent to Full Hall Bathroom and Indoor Laundry Room Featuring Cabinets and Room for Some Storage.....Backyard is a Perfect Area for Reflecting and Entertaining Under Covered Patio and Low Maintenance Grounds...Complimenting 5774 Myrtle Beach is Two Vehicle Garage with Space for Golf Cart....
No exterior & parking available.
Grades K-5 • 3.3 mi
Grades 6-8 • 4.0 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 | 39% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,312 | 1,683 | 25% |
| Lot Size | 4,792 | 6,395.5 | 30% |
| Price | $345.0K | $437.5K | 19% |
| Price per sq ft | $263 | $263 | 50% |
| Built year | 1998 | 1997 | 52% |
| HOA | $410.0 | $195 | 87% |
| Days on market | 33 | 175 | 2% |
Jun 5, 2026
$345,000
$355,000
-3% Price Drop
Initial Listing
May 11, 2026
$355,000
Initial Listing
May 9, 2023
$285,000
Public Record
Jun 19, 1998
$116,000
Public Record