1340 Cedarwood Drive, Banning, California 92220, Banning, 92220 - 4 bed, 3 bath
ACTIVE$483,590
1340 Cedarwood Drive, Banning, California 92220
4Beds
3Baths
2,024Sqft
3,825Lot
Price Vs. Estimate
The estimated value ($523,496.1) is $39,906.1 (8%) higher than the list price ($483,590). This property may be underpriced.
Key pros and cons
Top Pros:
New Construction & Modern Design: Scheduled for completion in March 2026, this home offers brand-new construction with contemporary design, energy efficiency, and builder warranties.
Top Cons:
Delayed Occupancy: The property is scheduled for completion in March 2026, meaning buyers cannot move in immediately and must plan accordingly.
Compared to the nearby listings
Price:$483.6K vs avg $459.7K (+$23,920.5)63%
Size:2,024 sqft vs avg 1,683 sqft72%
Price/sqft:$239 vs avg $26027%
More Insights
Built in 2026 (-1 years old).
Condition: This property is a brand-new construction, scheduled for completion in March 2026. As such, all components, including the 'modern kitchen' and bathrooms, will be new, meet current quality standards, and feature contemporary design and energy efficiency with builder warranties. There is no deferred maintenance or physical depreciation.
Year Built
2026
Close
-
List price
$484K
Original List price
$484K
Price/Sqft
$239
HOA
$220
Days on market
-
Sold On
-
MLS number
IV25251233
Home ConditionExcellent
Features
View-
About this home
Scheduled for completion in March 2026! The Hawthorn plan offers a thoughtfully designed layout featuring a convenient downstairs 4th bedroom and full bath—perfect for guests or multigenerational living. The open-concept great room seamlessly connects to the dining area and modern kitchen, creating an ideal space for entertaining. Upstairs, a versatile loft provides the perfect spot for game nights, a homework hub, or a cozy play area.
Condition Rating
Excellent
This property is a brand-new construction, scheduled for completion in March 2026. As such, all components, including the 'modern kitchen' and bathrooms, will be new, meet current quality standards, and feature contemporary design and energy efficiency with builder warranties. There is no deferred maintenance or physical depreciation.
Pros & Cons
Pros
New Construction & Modern Design: Scheduled for completion in March 2026, this home offers brand-new construction with contemporary design, energy efficiency, and builder warranties.
Flexible Living Spaces: Features a convenient downstairs 4th bedroom and full bath, ideal for guests or multigenerational living, plus a versatile upstairs loft.
Open-Concept Entertainment Area: The seamless flow between the great room, dining area, and modern kitchen creates an ideal environment for entertaining and family gatherings.
Master Planned Community: Located within the Atwell Master Plan, suggesting access to community amenities and a well-maintained environment.
Favorable Pricing: Listed below the estimated market value, potentially offering immediate equity and a strong investment opportunity.
Cons
Delayed Occupancy: The property is scheduled for completion in March 2026, meaning buyers cannot move in immediately and must plan accordingly.
Compact Lot Size: With a lot size of 3825 sqft, outdoor space is relatively limited, which may not appeal to buyers seeking larger yards.
Ongoing HOA Fees: The $220 monthly association fee adds a recurring cost to homeownership, impacting overall affordability.