1381 Mahogany Street, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
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Banning, California 92220
This Brand-New Modern Residence is a Prime Investment Opportunity, listed at $481,000—positioned well below the $497,559 Fair Market Value by 3%. This valuation gap secures $16,559 in Instant Equity for a property in Excellent New Construction Condition. Featuring a spacious open-concept kitchen and a large backyard, the home is situated within the respected Beaumont High School District. With an estimated 2026 completion, this property offers long-term stability and contemporary style. It is an ideal match for growing families or first-time buyers seeking a pristine suburban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1381 Mahogany Street Subject | $476,000* List Price | 3 | 2 | 1,958 | $246 | - |
A 5081 Larkspur Sold | $498,888 | 3 | 2 | 1,950 | $256 | 0.2 mi |
B 968 Mahogany Street Sold | $514,563 | 3 | 3 | 1,979 | $260 | 0.3 mi |
C 5370 Echo Drive Sold | $600,742 | 3 | 2 | 2,135 | $281 | 0.2 mi |
D 5155 Douglas Avenue Sold | $514,980 | 3 | 3 | 1,957 | $263 | 0.4 mi |
E 5209 Douglas Avenue Sold | $478,551 | 3 | 3 | 1,741 | $275 | 0.4 mi |
F 5118 Larkspur Sold | $499,000 | 3 | 2 | 1,950 | $256 | 0.2 mi |
G 5315 Trailmark Court Active | $464,592 List Price | 3 | 2 | 1,775 | $262 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction home with an estimated completion in 2026. It meets the criteria for excellent condition as it is less than 10 years old, featuring brand-new systems, a modern open-concept kitchen, and well-appointed bathrooms with no maintenance required.
As a 2026 build, this home offers the latest in energy efficiency, contemporary design standards, and the peace of mind provided by a new builder's warranty.
The 1,958 sq. ft. layout features an expansive kitchen and flowing living spaces, making it ideal for modern entertaining and comfortable daily living.
The 6,019 sq. ft. lot includes a large backyard, providing significant potential for a private outdoor retreat, custom landscaping, or a play area.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6019, other record lot size in square feet = 6098.
With an estimated completion date of October 2026, this property requires a significant waiting period, which may not suit buyers with immediate housing needs.
The $195 monthly HOA fee adds a consistent carrying cost to the property, which may impact the overall affordability for budget-conscious buyers.
Welcome to Holly at Rosetta, where this thoughtfully designed home offers 1,958 sq. ft. of comfortable living space, with an estimated completion of October 2026. Featuring three bedrooms and two well-appointed bathrooms, the home showcases an open-concept layout that’s ideal for both everyday living and entertaining. The expansive kitchen provides generous counter space for meal preparation, while the bright, flowing design creates a warm and inviting atmosphere throughout. A two-bay garage offers ample room for vehicles and storage, and the large backyard presents endless possibilities whether you envision a private outdoor retreat or a space to gather with friends and family. Perfect for first-time buyers or anyone seeking modern suburban living, this home blends functionality, comfort, and style in a welcoming community you’ll love to call home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,958 | 1,683 | 73% |
| Lot Size | 6,019 | 6,395.5 | 44% |
| Price | $476.0K | $440.0K | 58% |
| Price per sq ft | $243 | $263 | 35% |
| Built year | 2026 | 1997 | 92% |
| HOA | $195.0 | $195 | 50% |
| Days on market | 47 | 178 | 3% |
May 16, 2026
$476,000
$481,000
-1% Price Drop
Initial Listing
Apr 30, 2026
$481,000
Initial Listing