989 Driftwood Circle, Banning, California 92220, Banning, 92220 - 4 bed, 3 bath
989 Driftwood Circle
Banning, California 92220
Property Price
SUMMARY
Analysis of 989 Driftwood Circle, Banning, California 92220 reveals a Prime Investment Opportunity with a current list price of $599,999—significantly undercutting the $619,900 Fair Market Value by 3%. This valuation gap indicates a +$19,901 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 989 Driftwood Circle Subject | $599,999* List Price | 4 | 3 | 2,804 | $221 | - |
A 1454 Bryan Street Sold | $620,000 | 4 | 2 | 2,378 | $261 | 0.2 mi |
B 1538 Bryan St Active | $658,000 List Price | 4 | 4 | 2,804 | $235 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2005, this property is within the 'Good' age range. While the exterior appears well-maintained, and the description notes a 'well-appointed kitchen' and 'luxurious en-suite bath,' the visible interior (living room) features dated traditional decor, including carpeted floors and heavy window treatments. This suggests the home has not undergone recent aesthetic renovations, but there are no indications of deferred maintenance or functional issues, making it move-in ready with systems likely within their expected lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 18731, living area = 2804.
- Generous Living Space
The 2,804 square foot home offers ample room with 4 bedrooms and 3 bathrooms, including both a formal living room and a separate family room, ideal for diverse family needs and entertaining.
- Expansive Lot with Development Potential
Situated on a nearly half-acre (18,731 sq ft) lot, the property provides significant outdoor space for recreation, gardening, and potential future additions such as a pool or an Accessory Dwelling Unit (ADU).
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property explicitly states 'view: None,' which may be a drawback for buyers prioritizing scenic vistas or premium outdoor aesthetics.
- Potential for High Lot Maintenance
While the nearly half-acre lot is a significant asset, its size implies substantial ongoing landscaping and maintenance efforts and associated costs for the homeowner.
- Absence of Specific High-End Upgrades
Although described as having a 'well-appointed kitchen' and 'modern amenities,' the description does not highlight any recent high-end renovations or smart home technology, which some buyers might expect.
About 989 Driftwood Circle
Welcome to this spacious 2,804 square foot home, perfectly situated on a large nearly half-acre lot. This beautifully designed 4-bedroom, 3-bathroom residence offers both comfort and functionality, ideal for families and entertainers alike. Step inside to find a formal living room, perfect for hosting guests, and a separate cozy family room for more relaxed gatherings. The open-concept layout seamlessly blends style and practicality, featuring a well-appointed kitchen that flows effortlessly into the main living areas. The home includes a thoughtfully designed Jack and Jill bathroom connecting two of the secondary bedrooms, making it perfect for siblings or guests. The generous primary suite offers a private retreat with ample space and a luxurious en-suite bath. Outdoors, enjoy RV parking with Dump Station, ideal for road trip lovers or extra guests. The expansive nearly half-acre lot provides plenty of room for gardening, play, or even a future pool and/or ADU. The oversized 4-car tandem garage delivers abundant storage and workspace, accommodating vehicles, tools, and hobbies with ease. This property blends spacious living, modern amenities, and room to grow—inside and out. Don’t miss the opportunity to make it yours!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 18,731 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 77% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,804 | 1,683 | 96% |
| Lot Size | 18,731 | 6,098 | 92% |
| Price | $600.0K | $450.0K | 94% |
| Price per sq ft | $214 | $261 | 11% |
| Built year | 2005 | 1998 | 67% |
| HOA | $0 | $202 | 31% |
| Days on market | 64 | 199 | 5% |
Pricing History
Listed for Sale
Feb 28, 2026
$599,999
$619,900
-3% Price Drop
Initial Listing
Price Change
Jan 2, 2026
$619,900
Initial Listing
Sold
Dec 12, 2006
$500,000
Public Record
Sold
May 31, 2005
$355,000
Public Record