1418 Las Colinas, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath
1418 Las Colinas
Banning, California 92220
Property Price
SUMMARY
Analysis of 1418 Las Colinas, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $484,000 aligned with the estimated $474,186 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Banning Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1418 Las Colinas Subject | $484,000* List Price | 3 | 3 | 2,623 | $181 | - |
A 4902 Copper Creek Drive Sold | $499,000 | 3 | 3 | 2,623 | $190 | 0.5 mi |
B 1331 Pauma Valley Road Sold | $339,900 | 3 | 3 | 1,849 | $184 | 0.1 mi |
C 5098 Singing Hills Sold | $409,500 | 3 | 3 | 1,882 | $218 | 0.5 mi |
D 1289 Green Island Street Sold | $380,000 | 3 | 3 | 1,849 | $206 | 0.3 mi |
E 5211 Mission Hills Drive Sold | $460,000 | 3 | 3 | 1,978 | $233 | 0.3 mi |
F 5033 W Hilton Head Drive Sold | $385,000 | 2 | 3 | 2,039 | $189 | 0.5 mi |
G 1587 Scioto Active | $499,000 List Price | 3 | 3 | 2,623 | $190 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1993, this property is well-maintained for its age, but the kitchen and bathrooms are significantly dated in style, featuring original-era cabinets, countertops, and fixtures (e.g., brass accents, strip lighting, carpet in primary bath). While functional and clean, these areas, along with some flooring and light fixtures, would require cosmetic updates to meet current buyer preferences. The property is move-in ready but shows clear signs of being aged and not having undergone major renovations in recent years, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Community Amenities
The Sun Lakes Country Club offers an exceptional array of amenities including three pools and spas, two golf courses, tennis, pickleball, bocce ball courts, a restaurant, cafe, sports bar, ballroom, and various clubs, providing a comprehensive resort-like lifestyle.
- Spacious & Functional Floor Plan
As the 'Augusta' model, it is the largest offered in the community, featuring 3 bedrooms (including a primary suite on the main floor), 2.5 baths, multiple living areas (formal dining, family room, living room), vaulted ceilings, and a separate downstairs laundry room, ideal for entertaining and comfortable living.
- Prime Location within Community
Situated on a large corner lot with excellent curb appeal, the property is conveniently located close to gate #5 and very near the Country Club itself, offering desirable positioning and easy access to amenities.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly association fee of $385 is a significant ongoing cost that potential buyers must factor into their budget, impacting affordability.
- Potential for Updates
Built in 1993, while described as well-maintained, the property may require updates to kitchen, bathrooms, or other finishes to align with modern buyer preferences, as no recent renovations are explicitly mentioned.
- Recent Price Reduction
The property has seen a recent price reduction from $499,000 to $484,000, which could suggest a longer time on market or a need to adjust to buyer expectations, potentially affecting perceived value.
About 1418 Las Colinas
Largest model offered in Sun Lakes Country Club... The lovely Augusta!! This property offers a large corner lot with plenty of curb appeal close to gate #5 and very near to the County Club itself. This is a perfect entertainment home offering 3 bedrooms, with a primary bed and bath on the main floor, 2 1/2 bathrooms, large kitchen, eating area, formal dinning room, family room, living room, a grand staircase, vaulted ceilings, fireplace, central heat and air, inside downstairs separate laundry room W/ large laundry sink , plantation shutters, plus so much more. The home also offers an attached 3 car garage W/ tons of storage and direct garage access, nice spacious well maintained front and back yard. This property is complemented by numerous community amenities, including three pools and spas, billiards, tennis, pickelball, paddle courts, bocce ball, two golf courses, and pro shops with putting greens and a driving range. The community also offers a restaurant/lounge, cafe, sports bar, ballroom, and a variety of clubs and activities. Furthermore, Sun Lakes Country Club is conveniently located near world-class shopping, casinos, and Palm Springs Airport, providing plenty of entertainment options. Come take a look and see if this property is the one you've been waiting for.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Banning Unified Schools
Three Rings Ranch Elementary School
Grades K-5 • 3.1 mi
Mountain View Middle School
Grades 6-8 • 3.8 mi
Banning High School
Grades 9-12 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 2,623 | 1,683 | 94% |
| Lot Size | 5,663 | 6,098 | 46% |
| Price | $484.0K | $450.0K | 64% |
| Price per sq ft | $185 | $261 | 1% |
| Built year | 1993 | 1997 | 45% |
| HOA | $385.0 | $202 | 66% |
| Days on market | 96 | 199 | 9% |
Pricing History
Listed for Sale
Jan 15, 2026
$484,000
$499,000
-3% Price Drop
Initial Listing
Price Change
Dec 1, 2025
$499,000
Initial Listing
Sold
Nov 12, 1998
$250,000
Public Record