998 Sycamore Court, Banning, California 92220, Banning, 92220 - 4 bed, 2 bath
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Banning, California 92220
This Spacious Single-Family Residence is a Prime Investment Opportunity listed at $525,000—positioned below the $540,472 Fair Market Value by 2%. This valuation gap provides $15,472 in Instant Equity for the buyer. While currently holding a Fair Condition Rating with original 2003 finishes, the home features a functional 4-bedroom layout and a large 8,712 sq. ft. lot with a covered patio. With no HOA fees and strategic proximity to the 10 and 60 freeways, it offers low carry costs and high commuter appeal. This is an ideal match for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 998 Sycamore Court Subject | $515,000* List Price | 4 | 2 | 1,699 | $290 | - |
A 5262 Spring View Sold | $520,000 | 4 | 2 | 1,576 | $330 | 0.9 mi |
B 1053 Sycamore Court Sold | $485,000 | 4 | 2 | 1,467 | $331 | 0.1 mi |
C 378 N 41st Sold | $480,000 | 3 | 2 | 1,762 | $272 | 0.4 mi |
D 1181 Foothill Sold | $545,000 | 3 | 3 | 1,939 | $281 | 0.4 mi |
E 911 Sugar Pine Circle Sold | $515,000 | 4 | 2 | 1,390 | $371 | 0.2 mi |
F 2914 W Wilson Sold | $475,000 | 3 | 2 | 1,380 | $344 | 0.6 mi |
G 732 Dorothy Anna Active | $509,999 List Price | 4 | 2 | 1,689 | $302 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is well-maintained and move-in ready but remains in mostly original condition. The kitchen features dated honey-oak cabinetry and white appliances, and the bathrooms reflect standard builder-grade finishes from the early 2000s. It meets the 'fair' criteria as it is over 20 years old with no major modern renovations.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1699.
The property offers a rare and affordable homeownership opportunity with no monthly HOA fees or special assessments, significantly reducing the total cost of carry for the buyer.
Ideally situated near the 10 and 60 freeways on a quiet cul-de-sac, this home provides excellent accessibility to major employment hubs, Palm Springs, and premium shopping at Cabazon Outlets.
Built in 2003 with no mention of recent renovations, the interior may require capital investment for cosmetic updates to align with contemporary design standards.
Unlike many properties in the surrounding Banning and desert regions, this home does not offer specific mountain or territorial views, which may impact its competitive appeal.
Welcome to 998 Sycamore Ct in Banning, a charming 4 bedroom, 2 bathroom family home located on a quiet cul-de-sac. This home offers a comfortable and functional floor plan with spacious living areas and plenty of natural light throughout. The kitchen flows easily into the dining and living areas, creating a welcoming space for everyday living and entertaining. All four bedrooms are generously sized, offering flexibility for families, guests, or a home office. The backyard features a nice patio cover, creating a shaded outdoor space perfect for relaxing, hosting gatherings, or enjoying outdoor dining year round. Conveniently located near the 10 and 60 freeways, this home offers easy access for commuters and is just a short drive from the Cabazon Outlets, Morongo Casino Resort & Spa, local shopping, dining, and entertainment. Its location also provides convenient proximity to Palm Springs, Big Bear, and the greater Inland Empire, making weekend getaways and regional travel easily accessible. With no HOA or special assessments in the area, this home offers an affordable homeownership opportunity in a growing community. Buyer and buyer’s agent to verify all information including but not limited to property details, square footage, lot size, permits, zoning, and neighborhood amenities to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 81% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,699 | 1,683 | 52% |
| Lot Size | 8,712 | 6,286 | 76% |
| Price | $515.0K | $446.2K | 75% |
| Price per sq ft | $303 | $263 | 77% |
| Built year | 2003 | 1995 | 63% |
| HOA | $0 | $202 | 33% |
| Days on market | 48 | 197 | 2% |
Mar 21, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Mar 5, 2026
$525,000
Initial Listing
Apr 3, 2019
$305,000
Public Record
Feb 27, 2015
$235,000
Public Record
Apr 3, 2009
$149,000
Public Record
Nov 3, 2003
$177,000
Public Record