514 E Victory Ave , Banning, CA 92220
$674,999
Est. Payment: $3,575.24/mo
3 Bed
2 Bath
1512 Sqft
Status: Active | Days on site: 134
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House Description

Rare 2.2-Acre VLDR Horse Property with Exceptional Flexibility and Future Potential! Major due diligence items have already been completed, including septic certification, termite clearance, and appraisal. This unique 3-bedroom, 2-bath home offers approximately 1,510 sq. ft. of living space and features remodeled bathrooms, a cozy wood-burning fireplace, and beautifully maintained original hardwood flooring—a rare feature in today's market. The water heater was replaced approximately six months ago, and the home is cooled by an evaporative cooling system. Situated on approximately 2.2 acres of predominantly flat, fully usable land, the property includes a long private driveway, detached two-car garage, retractable driveway gate, retaining walls, and perimeter fencing, providing privacy, security, and functionality. According to the City of Banning, the property is located within the Very Low Density Residential (VLDR) zoning district. The City has confirmed the parcel may have the potential to accommodate up to four residential units, subject to development standards, subdivision requirements, and governmental approvals. Buyer to verify all future development possibilities. The VLDR zoning designation allows for a variety of rural-residential uses, making this property ideal for horse owners, animal enthusiasts, contractors, RV owners, equipment storage, recreational use, and buyers seeking additional space and flexibility. Potential permitted uses within the zoning district may include private stables, grazing, animal keeping, and commercial cargo/storage containers, subject to applicable approvals. With approximately 95,832 square feet of usable land, the possibilities are endless—whether you're looking for a horse property, multi-generational living opportunity, future development potential, agricultural use, or simply room to spread out and enjoy. Conveniently located near the I-10 freeway, shopping, dining, schools, and local amenities, this property offers the perfect blend of rural living, utility, and long-term opportunity.

Highlights

Listed by Damian Gerry , 972-898-8591 Impact Real Estate , 951-297-7910. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential

Lot/Acreage
2.2

Year Built

1964

County

Riverside

Area

263 - Banning/Beaumont/Cherry Valley

Neighborhood

Solera (SLRA)

School District

Banning Unified

Listing ID

SW26077921

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:ENERGY STAR Qualified Water Heater, Gas Cooktop, Gas Oven, Gas Water Heater, Water Heater
Air Cond:Evaporative Cooling
Fireplaces:Den,Living Room,Wood Burning
Floor:Wood
Other:
  • Additional:Separate/Formal Dining Room, Furnished, See Remarks, All Bedrooms Down
Water:Public

Exterior Features

Lot:2-5 Units/Acre,Agricultural,Back Yard,Corner Lot,Front Yard,Horse Property,Lawn,Lot Over 40000 Sqft,Landscaped,No Land Lease
Garage Capacity:2
Zoning:RA
Roof:Asphalt,Shingle
Others:
  • Additional:Awning(s), Updated/Remodeled, Turnkey, Drywall, Concrete, Stucco
Sewer:Septic Type Unknown
Parking Features:Concrete,Direct Access,Door-Single,Driveway,Garage Faces Front,Garage,Garage Door Opener,On Site,Paved,RV Potential,RV Access/Parking
Principal Interest
$3,575
Taxes
$430

Home Price

$674,999

Loan Details

30 yrs
6.952%

Down Payment

20%
$135,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,575.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,575.24 $430.31 $0.00 $4,005.55
Yearly $42,902.85 $5,163.74 $0.00 $48,066.59
Total $1,287,085.42 $154,912.27 $0.00 $1,441,997.69

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Banning, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T10:55:49.000Z

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