5340 W Palmer Drive Banning, CA ^$ 280,000

5340 W Palmer Drive

^$ 280,000

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Recently Listed Adult Community

5340 W Palmer Drive

Banning, CA, 92220

^$ 280,000

Bedrooms2 Baths2.0 Sq 985

Monthly Estimate*

^$ 1,747

Listed by Re/Max Advantage

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Condo for sale in Banning, CA

for $280,000 with 2 bedrooms and 2 full baths. This 985 square foot condo was built in 1987 on a lot size of 0.0226.

Cozy condo in the prestigious golf course 55+ community of Sun Lakes . This gated community has many amenities, beautifully landscaped. The best place to retire, the lap of luxury! This home has a great entry into the living room with wood laminate flooring, and a fireplace, lots of windows make it bright and view into the cute back patio. It's gorgeous and very clean. Nice sized kitchen with wood cabinets! There is garage access from house, with lots of room for storage

Condo Active

Price

^$ 280,000

Bedrooms

Full Bath

Property Type

Condo

Taxes

^$ 0

Style

Lot Size

0.0226

Year Built

1987

Town/City

Banning

County/Region

Riverside

MLS | Web ID

219140526DA

Days on Market

Features

General

Living Area 985

Heating Central

Possession Close Of Escrow

HOA Fee 385

Garage Spaces 2

Security Features Gated Community 24 Hour Security

Year Built 1987

Property Subtype Condominium

Community Features Gated

Assoc Fee Paid Per Monthly

County Riverside

New Construction false

Property Type Residential

Association Amenities Other

HOA true

Attached Garage true

Garage Y/N true

Full Baths 2

Special Listing Conditions Standard

Status Active

Directions Located between Hogan and Miller on Palmer. Cross Street: Hogan and Miller.

City Banning

Disclosures Covenants/Restrictions Disclosure Seller Disclosure

Senior Community Y/N true

Open Parking Spaces 0

MLS Area 263 - Banning/Beaumont/Cherry Valley

Lot Size Units Square Feet

Lot Size Square Feet 985

Carport Spaces 0

Listing Terms Cash Conventional FHA

Property Attached Y/N true

Land Lease Y/N false

Walk Score 0

Lease Considered Y/N false

Standard Status Active

Year Built Source Appraiser

Property Sub Type Additional Condominium

Interior

Flooring Carpet Tile

Fireplace Features Family Room Gas

Total Stories 1

Air Conditioning Y/N true

Heating Y/N true

Fireplace Y/N true

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 2

Total Baths 2

Exterior

Parking Features Other

Lot Features Planned Unit Development

Total Parking 2

Lot Size Area 985

Spa false

Lot Size Acres 0.0226

Private Pool false

Lot Size Source Assessor

* Excluded Features

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Re/Max Advantage

Broker

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$1,747

Per Month

Monthly Principal & Interest: $1,747
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Condo listings in Banning, CA

Average List Price ^$303,600

Percent of Sale Price 8%

About Banning, CA

30,996 Population

32% Since 2002

^$41,645 Median Income

43.11 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/1/2026	$280,000		Listed Price

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5340 W Palmer Drive, Banning, CA, 92220 is a Condo for sale at $280,000 with 985 sqft and a lot size of 0.0226. 5340 W Palmer Drive has 2 bedrooms, 2.0 baths, and was built in 1987. The property's zip code is 92220 which is in Banning, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 1/2/2026. 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.

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5340 W Palmer Drive

Condo for sale in Banning, CA

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