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295 Summit Drive, Banning, CA 92220

$735K4bd · 2ba · 1,920 sqft
Lot 1 sqft•Single Family Residence•
Active
•58d on market•MLS# IG-26194930

Property Description

Are you looking to expand, or simply need to get away? Welcome to 295 Summit Drive in Banning, CA, where space, privacy, & opportunity all come together! This spacious 4-bedroom, 2-bathroom home offers approximately 1,920 square feet of living space & sits on approximately 1.2 acres. Even better, this property includes an additional parcel of approximately 0.70 acres, providing an impressive combined total of approximately 1.9 acres! Inside, the kitchen features appliances that include a premium Sub-Zero refrigerator & Wolf cooktop, perfect for those who love to cook & entertain. This home offers a comfortable & functional layout with four bedrooms, giving you plenty of flexibility for family, guests, a home office, or hobby space. Outside is where this property truly stands out. With nearly two acres of combined land, there is an abundance of room to enjoy the outdoors, create gardens or recreational areas, accommodate animals, or simply take advantage of the added space & your privacy. A 3-car garage provides generous parking, storage, & workspace. Properties offering this combination of acreage, additional land, spacious living, premium kitchen appliances, & a 3-car garage don’t come along every day. Come discover your new home & all the possibilities of 295 Summit Drive!

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
18
Garage Spaces
3
Heating
Central, Fireplace(s)
Cooling
Central Air
View
City Lights, Desert, Mountain(s), Panoramic, Pasture, Valley
City
Banning
Zip Code
92220
County
Riverside
Listed byREAL ESTATE MASTERS GROUP, Shane Sibole

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,716.56
Principal & Interest
Loan Amount
$588,000
Total Interest
$749,962
Total Payment Over 30 Years
$1,337,962
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

295 Summit Drive, Banning, CA 92220

Banning · Single Family Residence

$735K
Residential Tier
Beds
4
Baths
2
Sqft
1,920
Lot
1.20 ac
Year
1990
$/Sqft
$383
Pool: No✓
View: city✓
Garage: 3-car✓

Listed 9.4% above the median closed sale of $672,000. Price per sqft ($383) is a 47% premium to closed comps ($261).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $735K· $383/sqft
Total list price
Closed comps
vs closed median $672K
+$63K (+9.4%)
Active comps
vs active median $675K
+$60K (+8.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $344
+$39 (+11.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
725 WilliamsBanning1950331,74473,181$447$780,0003675
1424 Charles StBanning2005422,37820,909$281$668,000570
1410 CharlesBanning2004422,27522,216$279$634,0002963
9895 Mias CanyonBanning2009322,613871,200$267$698,0008957
514 VictoryBanning1964321,51295,832$446$674,9991156
Total: 5 · Average3.42.22,104.4216,667.6$344$690,999.834
Median2,275$674,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
435 Indian SchoolBanning198108/20/2026432,97354,014$715,000$710,000$2390.9914079
1410 Charles StreetBanning200404/24/2026422,27522,216$639,900$630,000$2770.987462
4140 MockingbirdBanning197901/15/2026532,71125,265$674,900$670,000$2470.9911954
4058 WoodBanning202609/01/2026432,55616,553$669,990$680,903$2661.021651
4208 OakBanning202409/28/2026432,44310,019$690,000$672,000$2750.977350
Total: 5 · Average4.22.82,591.625,613.4$672,580.6$672,580.6$260.8—84.4
Median2,556$672,000$672,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.