Amazing, rural lifestyle awaits you on this beautiful 8.99 acres in the most desirable area of Banning, Banning Bench property. Offering gorgeous, panoramic mountain views. Not many locations like this one available close to sought after, busy locations, including Palm Springs, Morongo, Cabazon Outlets, golf courses and more. Property comes with 140 shares of Banning Heights Mutual Water Company Stocks. Suitable for horse ranch or may be divided into 1 acre minimum parcels. Buyer to do their due diligence and check with county to divide and with the water company about the release of water meters. $1M luxury custom homes are being built here. There is an old well on the property which is not warranted by the seller as to condition or output, if any. Buyer to check with County of Riverside regarding use of well and/or obtaining a building permit subject to the use of well.
This property is $209.7K more than the Median Sold Price in Banning, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #IV24113517
Listing Office:
Office Name: VANESSA OTERO, BROKER
Office Phone: (954) 261-2194
Listing Agent: VANESSA OTERO
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,061
Per Month
Principal & Interest
$2,994
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,864
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Hemmerling Elementary School
1928 W Nicolet St
Distance between this listing and this school0.39 miles
Public District Grades KG-5
3
/10
Central Elementary School
295 N San Gorgonio Ave
Distance between this listing and this school1.15 miles
Public District Grades KG-5
4
/10
Hoffer Elementary School
1115 E Hoffer St
Distance between this listing and this school1.84 miles
Public District Grades KG-5
Nearby Schools
3
/10
Nicolet Middle School
101 E Nicolet St
Distance between this listing and this school1.24 miles
Public District Grades 6-8
4
/10
San Gorgonio Middle School
1591 Cherry Ave
Distance between this listing and this school4.12 miles
Public District Grades 6-8
4
/10
Highland Academy
715 Wellwood Ave
Distance between this listing and this school4.95 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
New Horizon High School
1151 W Wilson St
Distance between this listing and this school0.42 miles
Public District Grades 9-12
3
/10
Banning Independent Study
1151 W Wilson St
Distance between this listing and this school1.27 miles
Public District Grades KG-12
4
/10
Banning High School
100 W Westward Ave
Distance between this listing and this school1.59 miles
The neighbors living near this home have an average income of $83,415. The most common annual income of people living in Banning, CA is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 0 Gilman St
What is the listing price of this property?
The listing price of 0 Gilman St property is $599,700.
What type of property is this?
The property 0 Gilman St is land located in Banning, California, 92222.
Is this property for sale now?
Active Listing: 0 Gilman St is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 0 Gilman St in Banning, CA and zip code 92222. This home sits on a 8.99 acre lot. It has been listed on Rocket Homes since June 06, 2024 and is currently priced at $599,700.
In October 2024, from all listings sold in Banning, CA there were more than 3 sold above asking price, over 13 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Banning, CA decreased by 3.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $390,000, while the average time on the real estate market was 32 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
NASCAR
NASCAR
Motocross
Extreme Sports
Dollar General
GameStop
Academy Sports & Outdoors
Cracker Barrel
Sonic
Little Caesars
Ram
Jeep
Chevrolet
Classic Country
New Country