
514 East Victory, Banning, CA 92220
514 East Victory, Banning, CA 92220
Property Description
**Room to live, work, keep animals, store equipment, and plan for what comes next—514 E. Victory Avenue offers a kind of freedom that is becoming increasingly difficult to find.** Set on 2.2 acres of predominantly flat, usable land, this distinctive Banning property combines the character of an established home with the flexibility of a rural-residential setting. The 3-bedroom, 2-bath residence offers approximately 1,510 square feet of living space, remodeled bathrooms, beautifully maintained original hardwood flooring, and a wood-burning fireplace that gives the home an inviting sense of warmth. The water heater was recently replaced. Several important due-diligence items have already been addressed, including septic certification, termite clearance, and an appraisal—helping provide valuable information to the next owner. Outside, the property opens up in a way very few residential parcels can. A long private driveway leads past a retractable gate to a detached two-car garage, while perimeter fencing and retaining walls add privacy, security, and practical function. With approximately 95,832 square feet of land, there is ample room for horses and other animals, RVs, recreational vehicles, equipment, storage, gardening, or simply enjoying the breathing room that acreage provides. According to information previously provided by the City of Banning, the property is located within the Very Low Density Residential (VLDR) zoning district and may have the potential to accommodate up to four residential units. Any subdivision, additional units, animal keeping, private stables, grazing, storage containers, or other proposed uses remain subject to applicable development standards, permits, governmental approvals, and independent buyer verification. Whether your vision includes an equestrian property, additional living spaces, a private workshop, future development, or a home with land that can adapt as your needs change, 514 E. Victory Avenue offers a rare foundation for it. Convenient access to the I-10 freeway, shopping, dining, schools, and everyday services keeps the property connected—while its acreage, privacy, and versatility make it feel worlds away from an ordinary residential lot.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Banning · Single Family Residence
Listed 8.9% above the median closed sale of $620,000. Price per sqft ($446) is a 75% premium to closed comps ($255).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 488 Victory Avenue | Banning | 1966 | 3 | 2 | 1,610 | 30,056 | $363 | $584,999 | 50 | 84 |
| 1410 Charles | Banning | 2004 | 4 | 2 | 2,275 | 22,216 | $279 | $634,000 | 25 | 69 |
| 1424 Charles St | Banning | 2005 | 4 | 2 | 2,378 | 20,909 | $281 | $668,000 | 1 | 62 |
| 1469 Adam | Banning | 2004 | 4 | 3 | 2,804 | 19,602 | $239 | $669,000 | 103 | 58 |
| 1075 Charles Street | Banning | 2005 | 5 | 3 | 2,863 | 20,038 | $244 | $699,000 | 314 | 55 |
| Total: 5 · Average | 4.0 | 2.4 | 2,386 | 22,564.2 | $281.2 | $650,999.8 | 98.6 | |||
| Median | 2,378 | $668,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 933 Driftwood | Banning | 2005 | 10/15/2026 | 4 | 2 | 2,378 | 17,860 | $619,000 | $609,000 | $256 | 0.98 | 105 | 69 |
| 1410 Charles Street | Banning | 2004 | 04/24/2026 | 4 | 2 | 2,275 | 22,216 | $639,900 | $630,000 | $277 | 0.98 | 74 | 65 |
| 1079 Lyons Court | Banning | 2005 | 05/13/2026 | 4 | 3 | 2,804 | 21,344 | $574,000 | $574,000 | $205 | 1.00 | 81 | 61 |
| 1454 Bryan Street | Banning | 2004 | 12/18/2025 | 4 | 2 | 2,378 | 20,473 | $630,000 | $620,000 | $261 | 0.98 | 74 | 60 |
| 1484 Adam St | Banning | 2004 | 10/08/2026 | 3 | 3 | 2,245 | 20,038 | $620,000 | $620,000 | $276 | 1.00 | 85 | 59 |
| Total: 5 · Average | 3.8 | 2.4 | 2,416 | 20,386.2 | $610,600 | $610,600 | $255 | — | 83.8 | ||||
| Median | 2,378 | $620,000 | $620,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.