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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
•188d 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: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed 13.9% above the median closed sale of $395,000. Price per sqft ($361) is a 38% premium to closed comps ($261).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $450K· $361/sqft
Total list price
Closed comps
vs closed median $395K
+$55K (+13.9%)
Active comps
vs active median $399K
+$51K (+12.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $255
+$106 (+41.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5983 Eagle TraceBanning1993221,2544,792$318$399,0001492
6029 Spanish TrailBanning1993221,4724,792$285$420,0002587
1318 Bay HillBanning1997221,6685,227$233$389,0002883
6005 Eagle TraceBanning1993331,8494,356$223$412,0002381
6048 Spanish Trail CvBanning1993331,8494,792$216$399,0002380
Total: 5 · Average2.42.41,618.44,791.8$255$403,80022.6
Median1,668$399,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5144 Savannah DriveBanning199002/17/2026321,5554,970$449,000$449,000$2891.003886
1455 Las ColinasBanning199310/08/2026221,5614,792$389,000$390,000$2501.008586
4923 LinksBanning200008/17/2026221,4714,356$409,000$395,000$2690.974985
886 OAKLAND HILLSBanning198910/13/2026331,8374,356$399,000$395,000$2150.9911585
1078 OlympicBanning199001/29/2026331,8384,356$525,000$515,000$2800.989776
Total: 5 · Average2.62.41,652.44,566$428,800$428,800$260.6—76.8
Median1,561$395,000$395,000

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.