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- Listed price
- $498,000
- Listed Aug 30, 2026
- Last sold price
- No recorded sale
199,505 sqft lot00|48 MLS days on market
0 Hargrave, Banning, CA 92220
Property Description
4.58-Acre Residential Development Opportunity | Banning, CA Excellent opportunity to acquire approximately 4.58 acres of residential land within the City of Banning’s Butterfield Specific Plan. Designated Low Density Residential (LDR), the property offers potential for detached single-family residential development, with densities of up to approximately 5 dwelling units per acre. Based solely on gross acreage and maximum density, the site could theoretically accommodate up to approximately 22 residential units, subject to City approval and applicable development requirements. The Specific Plan may also allow qualifying age-restricted or “active adult” residential development, providing an additional concept for builders and developers to explore. Located within a master-planned growth area of Banning, this ±4.58-acre parcel (APN 534-093-014) presents an attractive opportunity for builders, developers, and investors seeking residential development potential. Buyer and buyer’s representatives are advised to independently verify zoning, density, permitted uses, utilities, access, development standards, subdivision feasibility, fees, and all other requirements with the City of Banning and applicable agencies.
Listing agent: RENE JIMENEZDRE #01511975rene@goarreba.com, Listing office: ARREBA
MLS data updated 10/24/2026, 6:24:09 PM PT
Source: CRMLSMLS #: IV26190055
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Latest asking price$498,000
Oct 21, 2026
Available records22026
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$498,000Asking price recorded · Oct 21, 2026ZIP 92220 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsAug 30, 2026 – Oct 21, 2026
ZIP 92220 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.