514 E Victory AVE, Banning, CA 92220
514 E Victory AVE, Banning, CA 92220
514 E Victory AVE, Banning, CA 92220
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$724,999
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3 Beds
2 Baths
1,512 SqFt
Price Dropped by $10K

514 E Victory AVE Banning, CA 92220

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,512 sqft

Price per Sqft $479

Subdivision Solera (Slra)

MLS Listing ID SW26077921

Bedrooms 3

Full Baths 2

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1964

Lot Size 2.200 Acres

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Zoning RA

Rooms

Main Level Bedrooms 3

Interior

Interior Features Separate/Formal Dining Room, See Remarks, All Bedrooms Down

Heating Fireplace(s), Wall Furnace

Cooling Evaporative Cooling

Flooring Wood

Fireplaces Type Den, Living Room, Wood Burning

Fireplace Yes

Appliance ENERGY STAR Qualified Water Heater, Gas Cooktop, Gas Oven, Gas Water Heater, Water Heater

Laundry Washer Hookup, Gas Dryer Hookup, Inside

Exterior

Exterior Feature Awning(s)

Parking Features Concrete, Direct Access, Door-Single, Driveway, Garage Faces Front, Garage, On Site, Paved, RV Potential, RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Fence Block, Chain Link, Masonry

Pool None

Community Features Biking, Foothills, Hiking, Horse Trails, Mountainous, Rural, Street Lights, Sidewalks, Urban, Valley

Utilities Available Electricity Connected, Natural Gas Connected, See Remarks, Water Connected

View Y/N Yes

View Hills, Mountain(s), Panoramic, Valley

Roof Type Asphalt,Shingle

Accessibility Safe Emergency Egress from Home

Porch Rear Porch, Front Porch

Total Parking Spaces 2

Private Pool No

Building

Lot Description 2-5 Units/Acre, Agricultural, Back Yard, Corner Lot, Front Yard, Horse Property, Lawn, Lot Over 40000 Sqft, Landscaped

Dwelling Type House

Faces North

Story 1

Entry Level One

Foundation Permanent

Sewer Septic Type Unknown

Water Public

Architectural Style See Remarks

Level or Stories One

New Construction No

Construction Status Updated/Remodeled,Turnkey

Schools

Elementary Schools Central

High Schools Banning

School District Banning Unified

Others

Senior Community No

Tax ID 543131004

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Horse Property Yes

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard


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Listed by Damian Gerry Impact Real Estate 972-898-8591, DRE #02205734

NEARBY SCHOOL & BUSINESS

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Deanne Phillips

Deanne Phillips

Agent | License ID: 1937211

+1(310) 503-6493

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514 E Victory AVE