813 Cypress Point, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
813 Cypress Point
Banning, California 92220
Property Price
SUMMARY
Analysis of 813 Cypress Point, Banning, California 92220 reveals a property with a current list price of $355,000, which is 10% above the estimated $322,110 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 813 Cypress Point Subject | $355,000* List Price | 3 | 2 | 1,285 | $251 | - |
A 6383 Cherry Hill Sold | $290,500 | 3 | 2 | 1,195 | $243 | 0.0 mi |
B 477 S Maidstone Street Sold | $375,000 | 3 | 2 | 1,315 | $285 | 0.5 mi |
C 5772 Riviera Sold | $360,000 | 3 | 2 | 1,505 | $239 | 0.4 mi |
D 6173 Inverness Drive Sold | $350,000 | 3 | 2 | 1,285 | $272 | 0.3 mi |
E 5609 Riviera Sold | $340,000 | 3 | 2 | 1,505 | $226 | 0.5 mi |
F 552 Pine Valley Sold | $355,000 | 3 | 2 | 1,247 | $285 | 0.2 mi |
G 6353 Colonial Active | $345,500 List Price | 3 | 2 | 1,285 | $269 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1989, this property is well-maintained and clean but remains largely in its original or slightly dated condition. The kitchen features older white appliances and cabinetry, and the flooring consists of standard carpet and tile from a previous era. While functional and move-in ready for a 55+ buyer, it lacks the recent high-end renovations or modern systems required for a 'good' or 'excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Corner Lot & Views
Situated on a desirable corner lot, this property offers enhanced privacy and curb appeal, complemented by scenic views of the golf course and surrounding mountains.
- Secure 55+ Community Lifestyle
Located within the gated Solera community, the home provides a peaceful and well-maintained environment specifically designed for active adults seeking security and local amenities.
- Functional Floor Plan
The 1,285 square foot layout features a seamless flow between the kitchen and main living areas, maximizing the utility of the space for both daily living and entertaining.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1989, the property may require cosmetic updates or modernizations to compete with newer or fully renovated homes within the same price bracket.
- High Monthly Carrying Costs
The $385 monthly association fee is a significant recurring expense that potential buyers must factor into their budget alongside the mortgage and taxes.
About 813 Cypress Point
Welcome to 814 Cypress Point in Banning, located in a beautifully maintained 55+ gated community. This well-kept 3 bedroom, 2 bathroom home offers 1,285 square feet of comfortable living space situated on a 6,098 square foot corner lot. The functional floor plan provides a spacious living area, ample natural light, and a seamless flow throughout the home. The kitchen offers generous cabinet space and opens to the main living areas, making it ideal for both everyday living and entertaining. Step outside to enjoy the private backyard with plenty of space for gardening, outdoor seating, or relaxing in the fresh air. The desirable corner lot location provides added privacy and curb appeal. Residents of this quiet, well-maintained gated community enjoy a peaceful environment designed for active adults 55 and over. Conveniently located near shopping, dining, and local amenities. Don’t miss this opportunity to own in one of Banning’s most sought-after 55+ communities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1989
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Banning Unified Schools
Three Rings Ranch Elementary School
Grades K-5 • 2.7 mi
Mountain View Middle School
Grades 6-8 • 3.3 mi
Banning High School
Grades 9-12 • 3.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,285 | 1,683 | 18% |
| Lot Size | 6,098 | 6,098 | 50% |
| Price | $355.0K | $450.0K | 18% |
| Price per sq ft | $276 | $261 | 62% |
| Built year | 1989 | 1997 | 36% |
| HOA | $385.0 | $202 | 66% |
| Days on market | 19 | 199 | 0% |
Pricing History
Listed for Sale
Feb 16, 2026
$355,000
Initial Listing
Sold
Jul 31, 2019
$226,000
Public Record
Sold
Feb 24, 2010
$145,000
Public Record