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$734,999
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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.
Full Property Details
Full Property Details for 514 E Victory Ave
General
- Price: $734,999
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: SW26077921
- Updated: 6/29/2026
- Days on Market: 55 days
- Added to Site: 80 day(s) ago
Interior
- Rooms/Areas: Laundry, All Bedrooms Down, Kitchen, Living Room
- Fireplace: Yes
- Fireplace(s): Wood Burning, Living Room, Den
- Eating Areas: In Living Room, Dining Room, See Remarks
- Appliances: Gas Cooktop, Gas Water Heater, ENERGY STAR Qualified Water Heater, Gas Oven
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Front Porch, Rear Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking: Garage, Concrete, Paved, On-Site, Garage (Direct Access), Garage (Single Door), RV Access/Parking, Garage Faces Front, Driveway, RV Potential
Location
- County: Riverside
- Subdivision: Solera (SLRA)
- Driving Directions: From Interstate 10, exit Hargrave St, turn right (from westbound), then right on Victory Ave—home is on the left past Florida St at 514 East Victory Avenue.
- Direction Faces: North
School Information
- School District: Banning Unified
- Elementary School: CENTRA2
- High School: BANNIN
Community
- Community Features: Valley, Horse Trails, Rural, Biking, Hiking, Mountainous, Foothills, Street Lights, Urban, Sidewalks
Heating & Cooling
- Cooling Type: Evaporative Cooling
- Heating Type: Fireplace(s), Wall Furnace
Utilities
- Sewer: Septic Type Unknown
- Water: Public
Structural Information
- Architectural Style: See Remarks
- Structure Type: Single Family Residence
- Construction: Concrete, Stucco, Drywall Walls
- Foundation: Permanent
- Roof: Shingle, Asphalt
- Common Walls: No Common Walls
- Disability Access: 2 or More Accessible Exits
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,512
- Sq. Ft. Source: Assessor
- Year Built: 1964
- Year Built Source: Public Records
- Property Condition: Turnkey, Updated/Remodeled
Lot Features
- Property View: Mountain(s), See Remarks, Hills, Valley, Panoramic
- Lot Size (Acres): 2.2
- Lot Size (Sq. Ft.): 95,832
- Lot Size Source: Assessor
- Zoning: RA
- Lot Description: Horse Property, Lawn, Landscaped, Agricultural (Other), Agricultural, Front Yard, Back Yard, 2-5 Units/Acre, Lot Over 40000 Sqft, Corner Lot
- Fencing (Description): Block, Masonry, Chain Link
Financial Considerations
- Price Per Sq. Ft.: $486.11
Disclosures and Reports
- Special Conditions: Standard
Listed by Impact Real Estate, Damian Gerry
Get Pre-Approved Today
Schools
Schools serving 514 E Victory Ave
School District:Banning Unified School District
| Name | Grades | Distance |
|---|---|---|
Central Elementary School, Banning, CA 295 North San Gorgonio Avenue, Banning, CA 92220 | K-5 | 1 mi |
Florida Street Discovery Center 671 North Florida Street, Banning, CA 92220 | K- | 1.2 mi |
Hoffer Elementary School 1115 East Hoffer Street, Banning, CA 92220 | K-5 | 1.4 mi |
Nicolet Middle School 101 East Nicolet Street, Banning, CA 92220 | 6-8 | 1.1 mi |
Banning High School 100 W. W.ward, Banning, CA 92220 | 9-12 | 0.4 mi |
Hemmerling Elementary School 1928 West Nicolet Street, Banning, CA 92220 | K-5 | 1.8 mi |
Cabazon Elementary School 50575 Carmen Avenue, Cabazon, CA 92230 | K-5 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 514 E Victory Ave
Date
Details
Price
Change
Source
5/08/2026
Price Increased
$734,999
22.5%
MLS
5/04/2026
Price Reduced
$599,999
-26.38%
MLS
4/13/2026
Listed
$815,000
412.58%
MLS
3/11/2013
Sold
$159,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 514 E Victory Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,603
—
$195,782
2%
2024
$2,603
—
$191,944
2%
2023
$2,599
2%
$188,182
2%
2022
$2,544
2%
$184,493
2%
2021
$2,494
1%
$180,876
1%
2020
$2,470
2%
$179,022
2%
2019
$2,430
1%
$175,512
2%
2018
$2,412
2%
$172,072
2%
2017
$2,371
5%
$168,699
2%
2016
$2,254
2%
$165,392
2%
2015
$2,220
1%
$162,910
2%
2014
$2,204
257%
$159,721
241%
2013
$617
—
$46,772
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 514 E Victory Ave
514 E Victory Avenue, Banning, CA 92220 (MLS# SW26077921) is a Single Family property with 3 bedrooms and 2 full bathrooms. 514 E Victory Avenue is currently listed for $734,999 and was received on April 13, 2026. Want to learn more about 514 E Victory Avenue? Do you have questions about finding other Single Family real estate for sale in Banning? You can browse all Banning real estate or contact a Coldwell Banker agent to request more information.

