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720 E George Street, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath

720 E George Street, Banning, California 92220 home-pic-0
ACTIVE$488,000
720 E George Street, Banning, California 92220
3Beds
2Baths
1,224Sqft
39,204Lot
Year Built
1947
Close
-
List price
$488K
Original List price
$485K
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
CV25166983
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood

About this home

Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,6 Pros. Rank: price - $488.0K(64th), sqft - 1224(13th), beds - 3(50th), baths - 2(50th).

PRICE ADJUSTMENT!!! This home offers an excellent opportunity to enjoy comport, convenience and accessibility! Single story well-kept 3 bedrooms, 2 bathrooms home welcomes you with a warm living room featuring a wood-burning fireplace. Fresh interior paint throughout the house. The spacious kitchen offers plenty of counter space and ample cabinetry. An interior laundry area adds convenience and functionality. Additional features include a 2 car attached garage, aluminum carport, and RV parking, set on nearly an acre of land, this property offers a rare opportunity for expansion, or future development. With a 39,204 sq ft lot, there's ample space for outdoor living, gardens, a pool, or potential additions. Conveniently located minutes from freeways, shopping center, schools, Casino Morongo, Cabazon Outlets. Ready to Move-In!!!

Price History

Date
Event
Price
11/12/25
Price Change
$488,000-2.0%
11/08/25
Price Change
$498,000-2.4%
08/02/25
$510,000+5.2%
07/30/25
$485,000
Condition Rating
Fair
Built in 1947, this home has received fresh interior paint, making it superficially 'move-in ready.' However, the kitchen features dated laminate countertops, older white appliances, and a basic ceiling fan. The bathrooms are significantly outdated with tiled countertops (blue and pink), older vanities, and a very dated etched glass shower door. While functional and well-maintained, these key areas, along with the worn carpet in the bedroom, show clear signs of age and require substantial updates to meet current aesthetic and quality standards. The property is aged but maintained, with major components functional but outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 39204, living area = 1224.
Expansive Lot & Development Potential: The property boasts a substantial 39,204 sq ft lot (nearly an acre), offering rare opportunities for expansion, outdoor amenities like a pool or garden, or future development.
Versatile Parking & RV Access: Includes a 2-car attached garage, an aluminum carport, and dedicated RV parking, providing ample space for vehicles and recreational equipment.
Move-in Ready & Recent Refresh: The home is well-kept with fresh interior paint throughout, making it ready for immediate occupancy and reducing initial buyer efforts.
Strategic Location: Conveniently located minutes from major freeways, shopping centers, schools, and entertainment venues such as Casino Morongo and Cabazon Outlets.
Desirable Features & Views: Offers a practical single-story layout, a cozy wood-burning fireplace, and pleasant mountain views, enhancing comfort and appeal.

Cons

Property Age: Built in 1947, the home is over 75 years old, which may imply older infrastructure and systems that could require future updates or increased maintenance.
Compact Interior Living Space: At 1224 sq ft for 3 bedrooms and 2 bathrooms, the interior living space is relatively modest, which might not appeal to buyers seeking larger indoor areas.
Price History & Market Perception: Multiple price adjustments, including recent reductions, suggest potential challenges in market valuation or buyer perception, which could impact the sales timeline.

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