670 Preferred Lane, Banning, CA 92220
670 Preferred Lane, Banning, CA 92220
Property Description
BACK ON MARKET!! For the savvy buyer looking for a completely remodeled, affordable home with spacious yard in Banning, here is your chance! Welcome to 670 Preferred Ln, an adorable 3 bedroom, 2 bath, 1,044 square foot home that has been completely remodeled inside, and thankfully with NO HOA, NO Mello Roos, and NO SOLAR to assume!! As you enter the front door, you're welcomed into a cozy living room with a feature fireplace, tall ceilings and a new slider door that opens up to your massive yard and entertaining space. The beautiful kitchen features brand new cabinets, new quartz counter tops and backsplash, and also leads out through another new slider door to the backyard. The new vinyl plank flooring runs throughout the home (no carpet). Both bathrooms have been beautifully remodeled, and be sure to take note of the can lights, new dual paned windows and fresh paint throughout. This lovely home sits on an expansive 11,000+ square foot lot, with enough space for RV/work vehicle/toys parking, and has a beautiful covered entrance that provides privacy from the street (and solicitors) and is perfect for entertaining. Conveniently located just around the corner from the Banning High School, you'll also have easy access to the 10 freeway and a short drive to Morongo Casino & Spa, restaurants and shopping in either Beaumont, Cabazon or Palm Springs. Call to schedule your private viewing today, you don't want to miss this!!!
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Banning · Single Family Residence
Listed 35.1% above the median closed sale of $333,000. Price per sqft ($431) is a 52% premium to closed comps ($284). Closed comps sold at 94% of list — buyers have negotiating leverage.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 1116 Oregon Trail | Banning | 1989 | 3 | 2 | 1,133 | 6,970 | $432 | $490,000 | 11 | 88 |
| 1005 Pauma Valley Road | Banning | 1987 | 2 | 2 | 1,054 | 3,920 | $331 | $348,900 | 2 | 85 |
| 1425 Hays | Banning | 1953 | 3 | 2 | 1,204 | 11,761 | $399 | $480,000 | 49 | 85 |
| 6357 Player Court | Banning | 1988 | 2 | 2 | 1,007 | 4,792 | $273 | $275,000 | 10 | 85 |
| 1219 Cypress Point | Banning | 1989 | 2 | 2 | 1,195 | 4,792 | $274 | $327,000 | 18 | 81 |
| Total: 5 · Average | 2.4 | 2.0 | 1,118.6 | 6,447 | $341.8 | $384,180 | 18 | |||
| Median | 1,133 | $348,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 832 Pine Valley | Banning | 1989 | 09/10/2026 | 3 | 2 | 1,195 | 3,920 | $349,500 | $333,000 | $279 | 0.95 | 36 | 84 |
| 5345 Plain Field Drive | Banning | 1987 | 09/14/2026 | 3 | 2 | 1,312 | 4,792 | $301,000 | $263,000 | $200 | 0.87 | 80 | 82 |
| 962 Oakland Hills Drive | Banning | 1989 | 09/09/2026 | 3 | 2 | 1,285 | 4,356 | $295,000 | $265,000 | $206 | 0.90 | 124 | 82 |
| 415 Indian School | Banning | 1955 | 09/21/2026 | 3 | 2 | 988 | 9,583 | $395,000 | $390,000 | $395 | 0.99 | 72 | 82 |
| 292 George Street | Banning | 1922 | 08/25/2026 | 3 | 1 | 1,170 | 11,326 | $395,000 | $395,000 | $338 | 1.00 | 53 | 81 |
| Total: 5 · Average | 3.0 | 1.8 | 1,190 | 6,795.4 | $329,200 | $329,200 | $283.6 | — | 73 | ||||
| Median | 1,195 | $333,000 | $333,000 | ||||||||||
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.