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1045 Southern Hills Drive, Banning, CA 92220

$450K3bd · 2ba · 1,247 sqft
Lot 4,356 sqft•HOA $365/mo•Single Family Residence•
Active
•167d on market•MLS# OC-26091722

Property Description

Welcome to 1045 Southern Hills Drive, a charming 3-bedroom, 2-bathroom home located in a gated senior community in Banning, CA. This lovely residence features an open-concept living area filled with natural light, a well-equipped kitchen with modern appliances, and a beautifully landscaped backyard perfect for relaxation. Situated in a peaceful neighborhood, the home offers easy access to a variety of nearby restaurants, making dining out a delight. Enjoy the serene ambiance and the many amenities this vibrant senior community has to offer, all within a secure and welcoming environment. The buyer will be responsible for the Reserve Replenishment Fee in the amount equal to six (6) Months of HOA dues within 9 months of Close of Escrow. Back on the market after 3 weeks. XXXXXXXXXXXXX MASSIVE PRICE REDUCTION -25K XXXXXXXXXXXXX

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
Flooring
Carpet, Wood
Roof
Tile
City
Banning
Zip Code
92220
County
Riverside
Listed byKeller Williams OC Coastal Realty, Nate Goodman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,275.44
Principal & Interest
Loan Amount
$360,000
Total Interest
$459,160
Total Payment Over 30 Years
$819,160
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

Affordable Tier · 5 active · 5 closed

1045 Southern Hills Drive, Banning, CA 92220

Banning · Single Family Residence

$450K
Affordable Tier
Beds
3
Baths
2
Sqft
1,247
Lot
4,356 sqft
Year
1988
$/Sqft
$361
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 35.1% above the median closed sale of $333,000. Price per sqft ($361) is a 48% premium to closed comps ($244). Closed comps sold at 95% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $450K· $361/sqft
Total list price
Closed comps
vs closed median $333K
+$117K (+35.1%)
Active comps
vs active median $329K
+$121K (+36.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $261
+$100 (+38.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5190 Long Cove RoadBanning1989321,3274,356$248$329,0002297
1291 Cypress PointBanning1995321,2544,356$278$349,0005097
4819 Forest Oaks AvenueBanning1989321,3154,792$281$369,9507896
5245 Plain FieldBanning1987321,3124,792$241$316,0008896
912 Cypress Point DriveBanning1989221,2454,356$257$320,0001495
Total: 5 · Average2.82.01,290.64,530.4$261$336,79050.4
Median1,312$329,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
962 Oakland Hills DriveBanning198909/09/2026321,2854,356$295,000$265,000$2060.9012498
832 Pine ValleyBanning198909/10/2026321,1953,920$349,500$333,000$2790.953697
5345 Plain Field DriveBanning198709/14/2026321,3124,792$301,000$263,000$2000.878097
4841 Bermuda DunesBanning198909/10/2026321,5054,792$369,900$375,000$2491.015492
893 Twin HillsBanning200008/31/2026221,2945,227$369,000$369,000$2851.003489
Total: 5 · Average2.82.01,318.24,617.4$321,000$321,000$243.8—65.6
Median1,294$333,000$333,000

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.