1078 W King Street, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath

1078 W King Street, Banning, California 92220 home-pic-0
ACTIVE$499,999
1078 W King Street, Banning, California 92220
3Beds
3Baths
1,625Sqft
7,405Lot
Year Built
1987
Close
-
List price
$500K
Original List price
$525K
Price/Sqft
$308
HOA
-
Days on market
-
Sold On
-
MLS number
CV25089238
Home ConditionFair
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $500.0K(70th), sqft - 1625(44th), beds - 3(50th), baths - 3(61th).

Charming Banning Home with Mountain Views – Ready to Move In! Beautifully maintained 3-bedroom, 2-bathroom single-story home nestled in the heart of Banning, CA. This inviting property offers 1,625 sq ft of comfortable living space and sits on a spacious 7,405 sq ft lot, perfect for first-time buyers, growing families, or investors. Step inside to find a bright and airy living room with large windows that fill the space with natural light. The open-concept kitchen and dining area feature ample cabinetry and counter space, making it ideal for hosting and everyday living. Each bedroom offers cozy privacy and generous closet space, while both bathrooms are clean and well-appointed. Outside, enjoy a private backyard with plenty of room for gardening, play, or relaxing under the sun. The attached 2-car garage provides convenience and additional storage. Located in a quiet neighborhood near local schools, parks, and shopping, this home offers a blend of tranquility and accessibility. Easy access to the I-10 freeway makes commuting a breeze.

Price History

Date
Event
Price
10/31/25
Price Change
$499,999
04/23/25
Listing
$525,000
Condition Rating
Fair

Built in 1987, this property is well-maintained and move-in ready with fresh paint and updated LVP flooring in the main living areas. However, the kitchen features dated light wood cabinetry, laminate countertops, and older white appliances (except for a newer stainless steel refrigerator). Both bathrooms also show signs of age with dated vanities, light fixtures, and tile styles. While clean and functional, these key areas would require minor updates to align with current aesthetic trends and modern quality standards, fitting the 'Fair' criteria of being aged but maintained with functional yet outdated major components.
Pros & Cons

Pros

Scenic Mountain Views: The property boasts charming mountain views, enhancing its aesthetic appeal and desirability for potential buyers.
Turnkey Condition: Described as 'beautifully maintained' and 'ready to move in,' suggesting minimal immediate investment for repairs or updates, making it attractive to various buyer types.
Desirable Single-Story Layout: The single-story design with an open-concept kitchen/dining area and bright living room offers practical and highly sought-after living space.
Spacious Private Lot: A generous 7,405 sq ft lot with a private backyard provides ample room for recreation, gardening, and outdoor enjoyment, appealing to families and those seeking outdoor space.
Strategic Location: Situated in a quiet neighborhood with proximity to local schools, parks, shopping, and easy access to the I-10 freeway, offering both tranquility and convenience for residents.

Cons

Overpriced Relative to Market Estimate: The current listing price of $499,999 is approximately 6% higher than the property's estimated value of $465,809, which could impact buyer interest and negotiation leverage.
Aging Infrastructure Potential: Built in 1987, the property is 37 years old. While well-maintained, major systems (e.g., HVAC, roof, plumbing) may be original or nearing the end of their typical lifespan, potentially requiring future capital expenditure for a buyer.
Undisclosed Major System Updates: The description highlights general maintenance but does not specify recent significant upgrades or renovations to key areas like the kitchen, bathrooms, or major systems, which could be a concern for modern buyers seeking updated features.

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