
488 East Victory Avenue, Banning, CA 92220
488 East Victory Avenue, Banning, CA 92220
Property Description
FHA and VA offers are OK. Do not miss out on this great opportunity to purchase 2 units on horse property!! Septic has been certified!! Discover the possibilities at this unique Horse Property! This Banning property offers space, flexibility, and incredible potential on approximately 0.69 acres of flat, usable land. This 3-bedroom, 2-bathroom home features approximately 1,610 square feet of living space, an open and functional layout, central heating and air conditioning, a living room fireplace, and beautiful mountain views in both directions. Recent improvements include a newer roof to the main house an new roof on garage, while the home's electrical, plumbing, HVAC, and have been updated or refreshed and in working order. A major highlight is the separate ADU/converted garage studio, complete with its own bathroom and shower, plus a NEW kitchen and NEW bathroom, creating an excellent opportunity for extended family, guests, a private workspace, or potential rental income. The expansive lot provides plenty of room for outdoor enjoyment, parking, storage, animals, future improvements, or additional customization. Located conveniently near shopping, dining, schools, and entertainment, with easy access to Palm Springs and surrounding communities. Whether you're looking for a property with room to grow, a flexible living arrangement, or an opportunity to add value, this property offers a rare combination of usable land, mountain views, and versatile living space. Buyer to verify all square footage, permitted uses, ADU status, zoning, and potential for future improvements. Property is offered as-is. Buyer and Buyer's Agent to independently verify all information, including but not limited to square footage, lot size, zoning, permitted uses, property boundaries, schools, utilities, permits, ADU status, additions/improvements, equestrian/animal use, setbacks, and development potential. Information deemed reliable but not guaranteed. Buyer and Buyer's Agent to conduct their own inspections, investigations, and due diligence with appropriate governmental agencies and qualified professionals.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Banning · Single Family Residence
Listed 23.9% above the median closed sale of $484,000. Price per sqft ($373) is a 21% premium to closed comps ($308). Closed comps sold at 102% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1035 Hoffer Street | Banning | 1963 | 3 | 2 | 1,405 | 6,970 | $349 | $490,000 | 174 | 80 |
| 45785 Coyote | Banning | 1981 | 3 | 2 | 1,239 | 9,583 | $307 | $380,000 | 52 | 77 |
| 625 Shinecock | Banning | 1988 | 3 | 2 | 1,247 | 6,534 | $272 | $339,000 | 187 | 72 |
| 1291 Cypress Point | Banning | 1995 | 3 | 2 | 1,254 | 4,356 | $278 | $349,000 | 51 | 71 |
| 2174 Lincoln | Banning | 1961 | 3 | 2 | 1,345 | 6,970 | $316 | $425,000 | 85 | 70 |
| Total: 5 · Average | 3.0 | 2.0 | 1,298 | 6,882.6 | $304.4 | $396,600 | 109.8 | |||
| Median | 1,254 | $380,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 18839 Deer Trail | Banning | 1948 | 10/05/2026 | 3 | 2 | 1,392 | 17,424 | $424,800 | $425,000 | $305 | 1.00 | 166 | 83 |
| 546 Indian School Lane | Banning | 1960 | 09/18/2026 | 4 | 2 | 1,512 | 7,405 | $469,000 | $484,000 | $320 | 1.03 | 80 | 80 |
| 1164 Hermosa Avenue | Banning | 2026 | 09/29/2026 | 3 | 2 | 1,600 | 9,148 | $515,000 | $537,000 | $336 | 1.04 | 132 | 80 |
| 1043 Juniper | Banning | 1989 | 10/06/2026 | 3 | 2 | 1,538 | 7,405 | $495,000 | $505,000 | $328 | 1.02 | 40 | 80 |
| 5633 Riviera | Banning | 1988 | 10/09/2026 | 3 | 2 | 1,505 | 7,841 | $385,000 | $379,009 | $252 | 0.98 | 79 | 80 |
| Total: 5 · Average | 3.2 | 2.0 | 1,509.4 | 9,844.6 | $466,001.8 | $466,001.8 | $308.2 | — | 99.4 | ||||
| Median | 1,512 | $484,000 | $484,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.