
Banning, California 92220
This Modern New Construction Residence is listed at $509,554—positioned well below the $518,306 Fair Market Value by 1%. This valuation provides $8,752 in Instant Equity for a property in Pristine New Build Condition. The Palomar model features a functional 1,979 sq. ft. open-concept layout, a private patio, and a two-bay garage. Located within the highly-rated Beaumont High School District, this energy-efficient sanctuary offers a premium lifestyle in a growing community. It is the perfect fit for growing families or first-time buyers seeking a brand-new, move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1158 Mahogany Street Subject | $509,000* List Price | 3 | 3 | 1,979 | $261 | - |
A 5363 Echo Drive Sold | $574,637 | 3 | 2 | 2,135 | $269 | 0.1 mi |
B 5345 Echo Drive Sold | $582,025 | 4 | 3 | 2,286 | $255 | 0.1 mi |
C 5289 Raintree Place Sold | $528,387 | 4 | 3 | 1,958 | $270 | 0.6 mi |
D 5277 Raintree Place Sold | $505,730 | 3 | 2 | 1,775 | $285 | 0.6 mi |
E 5118 Larkspur Sold | $499,000 | 3 | 2 | 1,950 | $256 | 0.1 mi |
F 5139 Hackberry Place Sold | $475,720 | 3 | 3 | 1,741 | $273 | 0.5 mi |
G 5422 Echo Drive Pending | $529,000 List Price | 3 | 2 | 2,135 | $248 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
The 1,979 sq. ft. Palomar model features a seamless open-concept layout that maximizes natural light and provides a functional flow for entertaining.
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.
With an estimated completion date of August 2026, this property is not suitable for buyers requiring immediate relocation or move-in.
The $195 monthly association fee increases the total cost of ownership and may be a deterrent for buyers looking to minimize fixed monthly expenses.
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.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,979 | 1,683 | 76% |
| Lot Size | 6,954 | 6,286 | 61% |
| Price | $509.0K | $446.2K | 73% |
| Price per sq ft | $257 | $263 | 47% |
| Built year | 2026 | 1995 | 97% |
| HOA | $195.0 | $202 | 44% |
| Days on market | 74 | 197 | 8% |
Mar 21, 2026
$509,000
$509,554
+0% Price Increase
Initial Listing
Mar 7, 2026
$509,554
$495,515
+3% Price Increase
Initial Listing
Feb 15, 2026
$495,515
$484,500
+2% Price Increase
Initial Listing
Feb 7, 2026
$484,500
Initial Listing