
Banning, California 92220
This New Construction Single Family Residence is a Strong Value Opportunity, listed at $519,000—positioned well below the $514,371 Fair Market Value (Note: Market value is currently aligned with list price). As a 2026 build with a Condition Rating of 2, this home offers modern energy efficiency and a spacious open-concept layout on a generous 7,576 sq. ft. lot. Located in the Beaumont High School District, this property provides a turnkey lifestyle for first-time buyers or retirees seeking a low-maintenance, contemporary sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2190 Guava Lane Subject | $514,000* List Price | 2 | 2 | 1,979 | $262 | - |
A 5183 Beech Lane Sold | $519,000 | 3 | 3 | 1,979 | $262 | 0.1 mi |
B 5245 Douglas Avenue Sold | $495,121 | 4 | 3 | 1,957 | $253 | 0.2 mi |
C 5422 Echo Drive Sold | $530,237 | 3 | 2 | 2,135 | $248 | 0.8 mi |
D 1263 Mahogany Street Sold | $496,500 | 4 | 3 | 1,958 | $254 | 0.6 mi |
E 5307 Verbena Circle Sold | $477,361 | 2 | 2 | 1,530 | $312 | 0.5 mi |
F 5281 Larkspur Road Sold | $478,598 | 2 | 2 | 1,530 | $313 | 0.6 mi |
G 5209 Douglas Avenue Sold | $478,551 | 3 | 3 | 1,741 | $275 | 0.2 mi |
H 1291 Mahogany Street Sold | $512,395 | 3 | 2 | 1,775 | $289 | 0.6 mi |
I 5323 Guava Lane Pending | $523,000 List Price | 3 | 3 | 2,252 | $232 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a new construction property with an estimated completion in early 2027. As a brand-new build, the home features a modern open-concept kitchen, new bathrooms, and brand-new mechanical systems (HVAC/Electric), requiring zero maintenance and meeting the highest standard of condition.
As a 2026 build with a 2027 completion date, this home offers the latest in energy efficiency, contemporary design standards, and the security of a new builder warranty.
The 1,979 sq. ft. Palomar model features a generous open floor plan that maximizes flow between the kitchen and living areas, providing an airy feel rarely found in two-bedroom configurations.
The 7,576 sq. ft. lot provides ample outdoor space for a new construction property, offering significant potential for custom landscaping, gardening, or outdoor entertaining areas.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7576, other record lot size in square feet = 7522.
With an estimated completion in January 2027, the property requires a long lead time, making it unsuitable for buyers with immediate housing needs or those sensitive to future interest rate fluctuations.
Despite the large square footage, the two-bedroom layout may restrict the buyer pool to retirees or small households, potentially limiting resale value compared to three-bedroom homes in the same price bracket.
Palomar is a beautifully designed 1,979 sq. ft. home featuring two bedrooms and two bathrooms, ideal for families of all sizes. Step inside to a bright, open-concept floor plan where the spacious living room seamlessly connects to the dining area and kitchen. The impressive kitchen serves as the heart of the home, perfect for both everyday living and entertaining. A two-bay garage provides ample space for vehicles and additional storage. This home truly offers the perfect blend of comfort and functionality schedule your tour today to learn more! Estimated Completion January 2027
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,979 | 1,574 |
| Lot Size | 7,576 | 5,523 |
| Price | $514.0K | $437.6K |
| Price per sq ft | $260 | $260 |
| Built year | 2026 | 2001 |
| HOA | $195.0 | $220 |
| Days on market | 33 | 79 |
Jul 11, 2026
$514,000
$519,000
-1% Price Drop
Initial Listing
Jun 19, 2026
$519,000
Initial Listing