91605 W Wilson Unit #1 Street, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
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Banning, California 92220
This Updated Manufactured Home on Owned Land is a Strong Value Opportunity, listed at $280,000—positioned well below the $301,112 Fair Market Value by 7%. This valuation gap provides $21,112 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the interior features wood-beamed ceilings, new flooring, and upgraded bathrooms. Residents enjoy mountain range views and low carrying costs with a $145 HOA fee. This property is a perfect match for Owner-Occupants seeking a 55+ lifestyle or Buy-and-Hold Investors looking for a stable, land-owned asset.
Property is move-in ready.
The property is move-in ready and features several recent upgrades, including new flooring, fresh interior paint, and renovated bathrooms. While the original structure dates back to 1969/1980, the interior has been well-maintained and modernized with aesthetic wood-beamed ceilings and updated fixtures. It fits the 'good' category as a functional, updated home that does not require immediate renovation.
A significant advantage of this property is that you own the land, eliminating monthly space rent and keeping overhead low with a modest $145 HOA fee.
The home features modern updates including fresh interior paint, new flooring, and upgraded bathrooms, complemented by aesthetic wood-beamed ceilings and abundant natural light.
Situated on a desirable corner lot, the property is fully fenced for pet safety and privacy, offering a rare combination of a garage and two separate vehicle entrances.
The property's eligibility for traditional financing is currently pending verification of a 433A permanent foundation and engineering certification, which may complicate the loan process.
As a 55+ age-restricted community, the potential market for resale is limited to a specific demographic, which can impact long-term liquidity compared to non-restricted neighborhoods.
This unique manufactured home built in 1980 is located on a desirable corner lot inside the Mountain Springs 55+ community, where you own the land and enjoy low HOA dues. The home features 2 bedrooms and 2 bathrooms plus an additional bonus room that can be used as a third bedroom, office, or flex space. High ceilings with beautiful wood beam accents add character and warmth throughout the living area, and the home offers an abundance of natural sunlight through its beautiful windows. The interior has been freshly painted, new floring and features upgraded bathrooms along with a private laundry room for added convenience.The exterior offers excellent functionality with two separate vehicle entrances, a garage, and a gated access point. The property is fully fenced, making it ideal for dogs or pets and providing added privacy. This one-of-a-kind home combines charm, space, and convenience in a peaceful community setting.The property may qualify for financing. Seller will verify if the home has a 433A permanent foundation and engineer certification.Residents of Banning Estates enjoy a variety of community amenities including a clubhouse, pool, tennis and pickleball courts, shuffleboard, and active social clubs. The community also offers exceptionally low HOA dues and no space rent since you own the land. This move-in ready home is ready for its next owner--an excellent opportunity you won't want to miss.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,344 | 1,683 | 26% |
| Lot Size | 4,791 | 6,233.5 | 24% |
| Price | $280.0K | $442.7K | 3% |
| Price per sq ft | $208 | $263 | 9% |
| Built year | 1969 | 1995 | 17% |
| HOA | $145.0 | $202 | 36% |
| Days on market | 44 | 197 | 1% |
Mar 9, 2026
$280,000
Initial Listing