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1424 Wyte Way, Banning, CA 92220

$518K3bd · 2ba · 1,216 sqft
Lot 19,602 sqft•Single Family Residence•
Active
•13d on market•MLS# IG-26225238

Property Description

Remodeled home located on the north side of Banning on a spacious 19,602 sq. ft. lot! The interior has been opened up to create a more spacious and inviting floor plan. New floor, cabinets, fixtures, paint, windows & much more! Large, covered patio overlooks the backyard. Expansive concrete areas surrounding the home provide plenty of usable outdoor space for additional parking, recreational toys, storage sheds, or outdoor entertaining. Detached BUILDING with electricity and water offers POTENTIAL for an ADU, workshop, or other uses. Alley access and additional space for sheds, storage, or RV parking. Possible horse property! Buyer to verify zoning, animal allowances, ADU potential, and permitted uses with the City of Banning.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Mountain(s)
Flooring
Laminate
Roof
Asphalt
City
Banning
Zip Code
92220
County
Riverside
Listed byBEAUMONT REALTY INC., Kristen Schultz

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,619.29
Principal & Interest
Loan Amount
$414,400
Total Interest
$528,544
Total Payment Over 30 Years
$942,944
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

1424 Wyte Way, Banning, CA 92220

Banning · Single Family Residence

$518K
Affordable Tier
Beds
3
Baths
2
Sqft
1,216
Lot
19,602 sqft
Year
1980
$/Sqft
$426
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 7.0% above the median closed sale of $484,000. Price per sqft ($426) is a 17% premium to closed comps ($365). Closed comps sold at 102% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $518K· $426/sqft
Total list price
Closed comps
vs closed median $484K
+$34K (+7.0%)
Active comps
vs active median $500K
+$18K (+3.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $300
+$126 (+41.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1035 Hoffer StreetBanning1963321,4056,970$349$490,00019082
906 4thBanning1960321,6207,405$309$500,0003877
604 Pendleton RoadBanning1960421,5128,276$323$489,0001377
1339 Wildcat CourtBanning2026321,85111,130$279$516,9903975
1334 Wild Cat CourtBanning2026422,09710,940$242$507,9903968
Total: 5 · Average3.42.01,6978,944.2$300.4$500,79663.8
Median1,620$500,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
693 WilsonBanning195506/22/2026321,27410,890$484,900$484,900$3811.008784
651 KingBanning195912/05/2025321,17011,761$470,000$476,000$4071.013884
546 Indian School LaneBanning196009/18/2026421,5127,405$469,000$484,000$3201.038180
671 Christie StreetBanning195010/06/2026431,0847,405$470,000$481,000$4441.028473
1356 Eagle DriveBanning202505/28/2026321,8518,651$481,990$500,856$2711.0424672
Total: 5 · Average3.42.21,378.29,222.4$485,351.2$485,351.2$364.6—107.2
Median1,274$484,000$484,000

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.