
Banning, California 92220
This Modern Single Family Residence is a Strong Value Opportunity, listed at $475,000—positioned well below the $508,164 Fair Market Value by 6%. This valuation gap offers $33,164 in Instant Equity for the buyer. Featuring a 2023 Construction date and a Mint Condition Rating, the home includes a Granite Kitchen and Mountain Views. While the backyard remains a blank canvas, the property is an ideal fit for Owner-Occupants or first-time buyers seeking a turnkey, energy-efficient home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1122 Rockcress Lane Subject | $450,000* List Price | 3 | 3 | 2,024 | $242 | - |
A 1072 Rockcress Sold | $500,000 | 4 | 3 | 2,024 | $247 | 0.0 mi |
B 5188 Douglas Avenue Sold | $497,721 | 3 | 3 | 1,957 | $254 | 0.5 mi |
C 5172 Douglas Avenue Sold | $502,224 | 3 | 3 | 1,741 | $288 | 0.5 mi |
D 5130 Larkspur Sold | $490,000 | 3 | 2 | 1,764 | $278 | 0.2 mi |
E 5385 Larkspur Road Sold | $472,109 | 3 | 3 | 2,024 | $233 | 0.3 mi |
F 5167 Douglas Avenue Sold | $533,129 | 4 | 3 | 2,195 | $243 | 0.6 mi |
G 5118 Larkspur Sold | $499,000 | 3 | 2 | 1,950 | $256 | 0.2 mi |
H 5155 Douglas Avenue Sold | $514,980 | 3 | 3 | 1,957 | $263 | 0.6 mi |
I 1489 Goldenbrush Way Active Under Contract | $450,000 List Price | 4 | 3 | 2,024 | $222 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition and falls well within the <10-year age bracket. The kitchen features modern stainless steel appliances and granite countertops, while the bathrooms and systems (HVAC/Electric) are essentially new, requiring no maintenance or updates.
As a nearly new home built in 2023, this property offers contemporary energy efficiency, modern finishes, and an open-concept design that eliminates the need for immediate renovations or repairs.
The 2,024 square foot floor plan includes three full bathrooms, providing exceptional privacy and flexibility for multi-generational families, guests, or a dedicated home office.
Situated in the Alpine Village community, the home features beautiful mountain views and close proximity to hiking trails, offering a peaceful, nature-oriented lifestyle.
The backyard is currently a 'blank canvas,' meaning the buyer will need to budget additional time and capital to install landscaping, fencing, or outdoor living amenities.
At 3,920 square feet, the lot is relatively small for a home of this size, which may limit outdoor privacy and space for large-scale gardening or recreation.
MAJOR PRICE IMPROVEMENT! Incredible new price on this large family home located in the wonderful Alpine Village Community! If you've been waiting for the right opportunity, this is it. Spacious 2,024 sq.ft., 3-bedroom, 3-bathrooms, open floor plan, and room to make the backyard your own. Seller is motivated-schedule your showing today! PAID OFF SOLAR !!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,024 | 1,574 |
| Lot Size | 3,920 | 5,523 |
| Price | $450.0K | $437.6K |
| Price per sq ft | $222 | $260 |
| Built year | 2023 | 2001 |
| HOA | $122.0 | $220 |
| Days on market | 44 | 79 |
Jul 1, 2026
$450,000
$475,000
-5% Price Drop
Initial Listing
Jun 10, 2026
$475,000
Initial Listing
Jun 8, 2026
$520,000
Initial Listing
Sep 19, 2023
$433,500
Public Record