1521 Fairway Oaks, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath

1521 Fairway Oaks, Banning, California 92220 home-pic-0
ACTIVE$525,000
1521 Fairway Oaks, Banning, California 92220
3Beds
3Baths
2,623Sqft
5,227Lot
Year Built
1993
Close
-
List price
$525K
Original List price
$550K
Price/Sqft
$200
HOA
$385
Days on market
-
Sold On
-
MLS number
IG25226628
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 3% below the list price. We found 3 Cons,5 Pros. Rank: price - $525.0K(79th), sqft - 2623(94th), beds - 3(50th), baths - 3(61th).

Alert! VA Loan is assumable for qualified buyers at 4.375% Welcome to your own private paradise located in the spectacular Sun Lakes gated 55+ active adult community! No Mello-Roos! This exquisite home boasts a serene, beautifully landscaped backyard featuring custom-designed, luscious, manicured landscapes highlighted by a large rock boulder and tiered waterfall fountain. Accented by beautiful greenery and flowering perennials, the tranquil and relaxing sound of water spilling from the waterfall enhances your outdoor living experience. Enjoy an English sculpted garden, covered patio, and built-in BBQ—perfect for entertaining or relaxing. The thoughtfully elevated gardens provide privacy, ideal for adding your personal spa retreat right outside the primary suite. Enter through a lovely, private, level entrance to find elegant designer tile and plush carpeting complemented by chic, modern touches. The expansive formal living and dining area greets you with soaring two-story ceilings, ample natural light, and a sophisticated dual-sided fireplace. Updated designer gold and crystal chandeliers enhance the elegant ambiance of the dining room. The recently refreshed kitchen features freshly painted cabinetry, stylish backsplash, and coordinating countertops, seamlessly connecting to the casual dining nook and second living area. High ceilings, plantation shutters, and large windows throughout offer abundant light and additional views of the stunning fireplace. Retreat to the main-level primary suite with vaulted ceilings, direct backyard access, a generous walk-in closet, dual sinks, luxurious soaking tub, and expansive walk-in shower. Upstairs, discover a spacious loft area, two additional bedrooms, and a full bathroom—ideal for guests or versatile living space. Sun Lakes offers unparalleled amenities, including championship and executive golf courses, pro shops, tennis, pickleball, bocce courts, two restaurants, a remodeled bar/lounge, and three clubhouses featuring indoor and outdoor pools, spas, fully-equipped gyms, ballroom, billiards, library, craft rooms, and over 80 clubs and activities. Conveniently located less than an hour from mountains, deserts, and beaches, and mere minutes from Desert Hills Premium Outlets and Morongo Casino. Don’t miss this rare opportunity—make this secluded gem your forever dream home today. For a walk through video check out this link. http://www.1521fairwayoaksave.com/mls/193320496.

Nearby schools

6/10
Three Rings Ranch Elementary School
Public,K-53.6mi
5/10
Mountain View Middle School
Public,6-84.2mi
4/10
Banning High School
Public,9-123.2mi
5/10
Beaumont Senior High School
Public,9-124.8mi

Price History

Date
Event
Price
11/24/25
Price Change
$525,000-4.5%
11/09/25
Price Change
$549,900+0.2%
11/05/25
Price Change
$549,000-0.2%
09/26/25
Listing
$549,900
Condition Rating
Fair

The property was built in 1993, making it 31 years old. While the description mentions a 'recently refreshed kitchen' with 'freshly painted cabinetry, stylish backsplash, and coordinating countertops,' the images reveal older black appliances and countertops that appear dated, suggesting a cosmetic update rather than a full modern renovation. The bathrooms, particularly the primary, feature fixtures and vanity styles consistent with the property's age or an older renovation, not a recent update. The mix of tile and carpet flooring, along with some updated light fixtures, indicates ongoing maintenance and minor improvements, but key areas like the kitchen and bathrooms show signs of being outdated, aligning with the 'Fair' category's criteria for a well-maintained but aged home with functional yet outdated major components.
Pros & Cons

Pros

Assumable VA Loan: Offers a significant financial advantage with an assumable VA loan at a highly attractive 4.375% interest rate for qualified buyers.
Premier 55+ Community Amenities: Located within Sun Lakes Country Club, providing unparalleled access to championship golf courses, multiple clubhouses, pools, spas, gyms, and over 80 clubs and activities.
No Mello-Roos: Absence of Mello-Roos taxes provides a substantial financial benefit, reducing the overall cost of homeownership.
Exquisite Outdoor Oasis: Features a beautifully landscaped, private backyard with a custom waterfall, English sculpted garden, covered patio, and built-in BBQ, ideal for relaxation and entertaining.
Thoughtfully Updated Interior & Main-Level Primary: Boasts elegant designer finishes, high ceilings, a recently refreshed kitchen, and a convenient main-level primary suite with luxurious bathroom amenities and direct backyard access.

Cons

Age-Restricted Community: The 55+ age restriction significantly limits the potential buyer pool, which can impact market demand and resale flexibility.
Substantial Monthly HOA Fees: The $385.0 monthly association fee is a considerable ongoing expense that buyers must factor into their budget.
Property Age & System Longevity: Built in 1993, the property is over 30 years old, suggesting that major systems (e.g., HVAC, roof, water heater) may be original or nearing the end of their expected lifespan, potentially requiring future capital expenditures.

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