2168 Redwood Lane, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath
2168 Redwood Lane
Banning, California 92220
Property Price
SUMMARY
Analysis of 2168 Redwood Lane, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $489,900 aligned with the estimated $488,945 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 2168 Redwood Lane Subject | $489,900* List Price | 3 | 3 | 1,787 | $274 | - |
A 5128 Douglas Avenue Sold | $476,912 | 3 | 3 | 1,741 | $274 | 0.2 mi |
B 4978 Balsam Place Sold | $450,533 | 3 | 3 | 1,787 | $252 | 0.1 mi |
C 2072 Longleaf Drive Sold | $493,506 | 4 | 3 | 2,024 | $244 | 0.1 mi |
D 5148 Hackberry Place Sold | $465,811 | 3 | 3 | 1,741 | $268 | 0.3 mi |
E 5108 Hackberry Place Sold | $481,960 | 3 | 3 | 1,741 | $277 | 0.3 mi |
F 2031 Linden Lane Sold | $469,833 | 3 | 3 | 1,787 | $263 | 0.1 mi |
G 5188 Douglas Avenue Pending | $496,826 List Price | 3 | 3 | 1,957 | $254 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand new 2024 construction featuring modern finishes including quartz countertops, new laminate flooring, and stainless steel appliances. The property is in pristine, move-in-ready condition with no deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2024, this move-in-ready home features modern upgrades including quartz countertops, new laminate flooring, and brand-new appliances, offering the peace of mind that comes with new construction.
- Extensive Community Amenities
Situated in the Atwell Tri-pointe community, the property provides access to five recreational centers, multiple pools, BBQ areas, and landscaped trails, significantly enhancing the lifestyle value for families.
- Scenic Mountain Views
The property boasts beautiful mountain views, providing a serene backdrop and increasing the aesthetic appeal of the living space.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4070, other record lot size in square feet = 3920.
- Compact Lot Size
With a lot size of 4,070 square feet, the outdoor space is relatively limited, which may be a drawback for buyers seeking a large private yard or extensive gardening space.
- Recurring Association Fees
The $178 monthly HOA fee adds a permanent carrying cost to the property, which may impact the overall affordability for budget-conscious buyers.
About 2168 Redwood Lane
This brand new home is ready for your family to move into. Great open floor plan with elegant kitchen and beautiful quartz counters, large family room to congregate with the family and build long lasting memories. Upgraded with new laminate flooring and new carpet throughout, new appliances. 3 large bedrooms 2.5 bathrooms. Atwell a Tri-pointe community with amenities includes 5 recreational centers, multiple pools, BBQ areas, landscaped trails, parks and much more for your family.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 4,070 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $178.0 / Month
Neighborhood Insights
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 | 1,787 | 1,683 | 58% |
| Lot Size | 4,070 | 6,098 | 12% |
| Price | $489.9K | $450.0K | 66% |
| Price per sq ft | $274 | $261 | 61% |
| Built year | 2024 | 1998 | 73% |
| HOA | $178.0 | $202 | 39% |
| Days on market | 3 | 199 | 0% |
Pricing History
Listed for Sale
Mar 4, 2026
$489,900
Initial Listing