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5218 Evelyn Drive, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath

5218 Evelyn Drive, Banning, California 92220 home-pic-0
ACTIVE$299,999
5218 Evelyn Drive, Banning, California 92220
2Beds
1Bath
832Sqft
3,920Lot
Year Built
1980
Close
-
List price
$300K
Original List price
$300K
Price/Sqft
$361
HOA
$132
Days on market
-
Sold On
-
MLS number
RS25052698
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 58% below the list price. We found 3 Cons,5 Pros. Rank: price - $300.0K(5th), sqft - 832(4th), beds - 2(40th), baths - 1(8th).

Welcome to Your Serene Retreat in Peacock Valley! Discover the ideal home in this picturesque 55+ community of Peacock Valley in the city of Banning, California! This charming residence is nestled on a generous 3,920 sqft lot, featuring a spacious backyard that awaits your creative vision, along with a beautifully landscaped front yard welcoming you home. Inside, you’ll be delighted by a cozy and inviting 2-bedroom, 1-bath layout, complemented by a versatile den that can be used as a home office or guest space. The convenience of an attached 1-car garage adds to the functionality of this lovely abode. Enjoy an extraordinary lifestyle with an unbelievably low annual HOA fee of just $110, allowing you to focus on your comfort and leisure. Located mere minutes from the 10 Freeway and the Sun Lakes Village Shopping Center, you will have effortless access to essential local amenities while savoring the peaceful ambiance of this wonderful community. This charming home could be the perfect place to settle down and embrace the lifestyle you've been dreaming about. Come experience it for yourself – your peaceful retreat awaits!

Nearby schools

6/10
Sundance Elementary School
Public,•K-5•1.2mi
5/10
San Gorgonio Middle School
Public,•6-8•2.3mi
5/10
Beaumont Senior High School
Public,•9-12•3.8mi
Condition Rating
Poor
Built in 1980, this property is 44 years old with no explicit mention of recent major renovations. The listing's own analysis indicates it 'may require significant updates to its interior and backyard to align with modern buyer expectations.' Without interior images, and given the age, it's highly probable that the kitchen and bathroom are original or last updated 30-40+ years ago, requiring substantial rehabilitation to meet current standards. The exterior shows some wear (cracked driveway), and the backyard is described as needing 'creative vision,' suggesting it's undeveloped or requires significant work.
Pros & Cons

Pros

55+ Community & Lifestyle: Located in the desirable Peacock Valley 55+ community, offering a serene retreat and catering to a specific demographic seeking an active and peaceful lifestyle.
Versatile Den: Includes a versatile den that can serve as a home office, guest space, or hobby room, adding valuable functionality to the layout.
Low Annual HOA Fees: Features an exceptionally low annual HOA fee of $132, providing cost-effective community living.
Convenient Location: Strategically located minutes from the 10 Freeway and Sun Lakes Village Shopping Center, ensuring easy access to essential amenities and transportation.
Outdoor Space Potential: Sits on a generous 3,920 sqft lot with a beautifully landscaped front yard and a spacious backyard offering significant potential for personalization and outdoor enjoyment.

Cons

Significant Price Discrepancy: The listing price of $299,999 is substantially higher than the estimated property value of $124,238.565, suggesting a potential overvaluation or requiring strong justification.
Limited Interior Space & Single Bathroom: With only 832 sqft and a single bathroom, the property offers a compact living arrangement that may be restrictive for some buyers.
Potential for Required Updates: Built in 1980 and lacking explicit mention of recent major renovations, the property may require significant updates to its interior and backyard to align with modern buyer expectations and competitive pricing, especially compared to recently remodeled comparables.

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