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For sale
  • Listed by: BLUE SKY REAL ESTATE CENTER • ISRAEL MEZA • Contact: 909-450-6200
    $599,900

    488 E Victory St, Banning, CA 92220

    3beds
    1,610sqft
    : 
    $4,229/mo
    Get pre-qualified
    Single Family Residence
    Built in 1966
    0.69 Acres Lot
    $596,100 Zestimate®
    $373/sqft
    $-- HOA

    What's special

    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.
    34 days
    576
    32

    Zillow last checked:

    Listing updated:

    Listed by:

    ISRAEL MEZA DRE #01897210 909-450-6200,

    BLUE SKY REAL ESTATE CENTER,

    AMANDA MEZA DRE #01374048 909-624-2583,

    BLUE SKY REAL ESTATE CENTER

    Source: CRMLS,MLS#: IV26196286MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Rooms
      • Room types: Bedroom
      Bedroom
      • Features: All Bedrooms Down
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Laundry Room
      Features
      • All Bedrooms Down
      • Has fireplace: Yes
      • Fireplace features: Family Room
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 1,610 sqft

      Property

      Features
      • Levels: One
      • Stories: 1
      • Entry location: front of house
      • Pool features: None
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.69 Acres
      • Features: Rectangular Lot
      Details
      • Parcel number: 543131003
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 1966

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public

      Community & HOA

      Community
      • Features: Street Lights
      • Subdivision: Part Banning Colony Lands
      Location
      • Region: Banning

      Financial & listing details

      • Price per square foot: $373/sqft
      • Tax assessed value: $117,494
      • Date on market: 9/9/2026
      • Cumulative days on market: 34 days
      • Listing terms: Conventional,Fannie Mae,Freddie Mac,Submit
      • Inclusions: Stove and Microwave to be installed prior to the close of escrow.

        Estimated market value

        $596,100

        $566,000 - $626,000

        $2,549/mo

        Price history

        DateEventPrice
        9/9/2026Listed for sale$599,900+66.6%$373/sqft
        Source: CRMLS #IV26196286 Report a problem
        6/25/2026Sold$360,000-9.3%$224/sqft
        Source: CRMLS #IV26105526 Report a problem
        6/18/2026Listed for sale$397,000+440.1%$247/sqft
        Source: CRMLS #IV26105526 Report a problem
        2/23/1999Sold$73,500$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $117,494 +2%
        2025$1,954 -13%$115,192 +2%
        2024$2,244 +8.3%$112,935 +2%
        2023$2,073 +39.8%$110,722 +2%
        2022$1,483 +2%$108,552 +2%
        2021$1,453 +1.1%$106,424 +1%
        2020$1,438 +1.7%$105,334 +2%
        2019$1,414 +0.8%$103,269 +2%
        2018$1,402 +1.8%$101,245 +2%
        2017$1,377 $99,260 +2%
        2016$1,377 +6.9%$97,314 +1.5%
        2015$1,289 +0.8%$95,854 +2%
        2014$1,278 $93,978 +0.5%
        2013-- $93,556 +2%
        2012-- $91,722 +2%
        2011-- $89,925 +0.8%
        2010-- $89,255 -0.2%
        2009-- $89,469 +2%
        2008-- $87,716 +2%
        2007-- $85,998 +2%
        2006-- $84,312 +2%
        2005-- $82,660 +3.9%
        2003-- $79,557 +2%
        2002-- $77,998 +2%
        2001$899 +2%$76,469 +2%
        2000$881 $74,970
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 92220

        Getting around

        11 / 100
        Car-Dependent
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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