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514 E Victory Ave1 / 60 · Click to zoom

About this home

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.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$159,000 · Mar 2013
📋 Assessed value$199,697
💵 Annual tax$2,660
🏫 School districtBanning Unified School District

MLS #SW26077921MR

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
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Estimated total monthly payment
$4,542
Principal & interest$3,666
Property tax$665
Home insurance$211
Down payment: $145,000Loan: $579,999

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.