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295 Summit Drive, Banning, CA 92220

$735K4bd · 2ba · 1,920 sqft
Lot 1 sqft•Single Family Residence•
Active
•39d on market•MLS# IG-26194930

Property Description

Are you looking to expand, or simply need to get away? Welcome to 295 Summit Drive in Banning, CA, where space, privacy, & opportunity all come together! This spacious 4-bedroom, 2-bathroom home offers approximately 1,920 square feet of living space & sits on approximately 1.2 acres. Even better, this property includes an additional parcel of approximately 0.70 acres, providing an impressive combined total of approximately 1.9 acres! Inside, the kitchen features appliances that include a premium Sub-Zero refrigerator & Wolf cooktop, perfect for those who love to cook & entertain. This home offers a comfortable & functional layout with four bedrooms, giving you plenty of flexibility for family, guests, a home office, or hobby space. Outside is where this property truly stands out. With nearly two acres of combined land, there is an abundance of room to enjoy the outdoors, create gardens or recreational areas, accommodate animals, or simply take advantage of the added space & your privacy. A 3-car garage provides generous parking, storage, & workspace. Properties offering this combination of acreage, additional land, spacious living, premium kitchen appliances, & a 3-car garage don’t come along every day. Come discover your new home & all the possibilities of 295 Summit Drive!

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
18
Garage Spaces
3
Heating
Central, Fireplace(s)
Cooling
Central Air
View
City Lights, Desert, Mountain(s), Panoramic, Pasture, Valley
City
Banning
Zip Code
92220
County
Riverside
Listed byREAL ESTATE MASTERS GROUP, Shane Sibole

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,716.56
Principal & Interest
Loan Amount
$588,000
Total Interest
$749,962
Total Payment Over 30 Years
$1,337,962
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

Residential Tier · 5 active · 5 closed

295 Summit Drive, Banning, CA 92220

Banning · Single Family Residence

$735K
Residential Tier
Beds
4
Baths
2
Sqft
1,920
Lot
1.20 ac
Year
1990
$/Sqft
$383
Pool: No✓
View: city✓
Garage: 3-car✓

Listed 37.4% above the median closed sale of $535,000. Price per sqft ($383) is a 36% premium to closed comps ($281). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $735K· $383/sqft
Total list price
Closed comps
vs closed median $535K
+$200K (+37.4%)
Active comps
vs active median $449K
+$286K (+63.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $281
+$102 (+36.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
48150 Twin Pines Rd.Banning1996331,88647,916$278$524,9001779
725 WilliamsBanning1950331,74473,181$447$780,0001678
1423 HofferBanning1980421,5869,148$268$424,9991170
1580 Scioto CourtBanning1995321,8957,016$237$449,00011770
683 SunshineBanning1990331,8824,792$177$333,0007069
Total: 5 · Average3.22.61,798.628,410.6$281.4$502,379.846.2
Median1,882$449,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1043 JuniperBanning198910/06/2026321,5387,405$495,000$505,000$3281.024068
4994 Spring View DriveBanning199709/25/2026321,6727,841$539,000$535,000$3200.993467
6225 Kapalua BayBanning199409/28/2026331,8493,920$415,000$415,000$2241.004067
1397 Eagle DriveBanning202509/02/2026422,0977,620$535,855$535,855$2561.0011666
1484 Adam StBanning200410/08/2026332,24520,038$620,000$620,000$2761.008465
Total: 5 · Average3.22.41,880.29,364.8$522,171$522,171$280.8—62.8
Median1,849$535,000$535,000

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.