1158 Mahogany Street, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath

1158 Mahogany Street, Banning, California 92220 home-pic-0

1158 Mahogany Street

Banning, California 92220

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,979Sq Ft
6,954Lot Size

Property Price

LIST PRICE$495,515
EST. MARKET VALUE
$512,422
3% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$512,422 +$16,907 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Banning.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
1158 Mahogany Street
Subject
$495,515*
List Price
331,979$259-
A
5363 Echo Drive
Sold
$574,637322,135$2690.1 mi
B
5289 Raintree Place
Sold
$528,387431,958$2700.6 mi
C
5345 Echo Drive
Sold
$582,025432,286$2550.1 mi
D
5277 Raintree Place
Sold
$505,730321,775$2850.6 mi
E
5129 Douglas Avenue
Sold
$468,599331,741$2690.5 mi
F
5139 Hackberry Place
Sold
$475,720331,741$2730.5 mi
G
5422 Echo Drive
Active
$529,000
List Price
322,135$2480.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new construction property with a 2026 completion date. As a new build, it features the latest energy-efficient systems, modern building codes, a contemporary open-concept layout, and entirely new fixtures and finishes throughout.

PROSSTRENGTHS & OPPORTUNITIES

  • Brand New Construction

    As a 2026 build, the home offers the latest in energy efficiency, modern building codes, and the peace of mind that comes with a new home warranty.

  • Modern Open Floor Plan

    The 1,979 sq. ft. Palomar model features a seamless open-concept layout that maximizes natural light and provides a functional flow for entertaining.

  • Generous Lot Size

    With a lot size of 6,954 sq. ft., this property provides ample outdoor space for landscaping or play compared to many standard high-density new developments.

CONSRISKS & DEFICIENCIES

  • Delayed Occupancy

    With an estimated completion date of August 2026, this property is not suitable for buyers requiring immediate relocation or move-in.

  • Recurring HOA Costs

    The $195 monthly association fee increases the total cost of ownership and may be a deterrent for buyers looking to minimize fixed monthly expenses.

  • Lack of Scenic Views

    The listing explicitly indicates no specific views, which may be a disadvantage in a region where mountain or territorial views are often highly sought after.

About 1158 Mahogany Street

The Palomar is a beautifully crafted 1,979 sq. ft. residence offering three bedrooms and two bathrooms, thoughtfully designed to accommodate a variety of lifestyles. Inside, a bright open-concept layout showcases a spacious living area that flows effortlessly into the dining space and a stylish, well-appointed kitchen—truly the heart of the home. A two-bay garage provides generous space for parking, storage, or hobbies, adding everyday convenience. This home delivers comfort, functionality, and timeless design throughout. Discover all that the Palomar has to offer—schedule your private tour today. Estimated completion: August 2026.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2026
Lot Size
6,954 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$195.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.02.0
60%
Square foot1,9791,683
73%
Lot Size6,9546,098
61%
Price$495.5K$450.0K
68%
Price per sq ft$250$261
37%
Built year20261998
99%
HOA$195.0$202
40%
Days on market28199
0%

Pricing History

Listed for Sale

Feb 15, 2026

$495,515

$484,500

+2% Price Increase

Initial Listing

Price Change

Feb 7, 2026

$484,500

Initial Listing

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