
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 and 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. Buyer incentives are available, including assistance with closing costs and interest-rate buy down credit for qualified buyers.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Banning · Single Family Residence
Listed in line with the median closed sale of $600,000. Price per sqft ($363) is a 53% premium to closed comps ($238).
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 70 Barbour | Banning | 1930 | 3 | 3 | 1,764 | 31,363 | $283 | $499,999 | 16 | 87 |
| 1410 Charles | Banning | 2004 | 4 | 2 | 2,275 | 22,216 | $279 | $634,000 | 29 | 77 |
| 1424 Wyte Way | Banning | 1980 | 3 | 2 | 1,216 | 19,602 | $426 | $518,000 | 16 | 73 |
| 906 4th | Banning | 1960 | 3 | 2 | 1,620 | 7,405 | $309 | $500,000 | 42 | 72 |
| 96 Repplier Road | Banning | 1966 | 3 | 2 | 2,119 | 15,246 | $236 | $500,000 | 140 | 71 |
| Total: 5 · Average | 3.2 | 2.2 | 1,798.8 | 19,166.4 | $306.6 | $530,399.8 | 48.6 | |||
| Median | 1,764 | $500,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 770 Wesley | Banning | 1958 | 10/27/2026 | 3 | 2 | 2,394 | 31,799 | $565,999 | $566,000 | $236 | 1.00 | 193 | 86 |
| 933 Driftwood | Banning | 2005 | 10/15/2026 | 4 | 2 | 2,378 | 17,860 | $619,000 | $609,000 | $256 | 0.98 | 105 | 75 |
| 1410 Charles Street | Banning | 2004 | 04/24/2026 | 4 | 2 | 2,275 | 22,216 | $639,900 | $630,000 | $277 | 0.98 | 74 | 75 |
| 1079 Lyons Court | Banning | 2005 | 05/13/2026 | 4 | 3 | 2,804 | 21,344 | $574,000 | $574,000 | $205 | 1.00 | 81 | 69 |
| 989 Driftwood Circle | Banning | 2005 | 04/07/2026 | 4 | 3 | 2,804 | 18,731 | $599,999 | $600,000 | $214 | 1.00 | 95 | 59 |
| Total: 5 · Average | 3.8 | 2.4 | 2,531 | 22,390 | $595,800 | $595,800 | $237.6 | — | 109.6 | ||||
| Median | 2,394 | $600,000 | $600,000 | ||||||||||
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.