
Banning, California 92220
This Brand-New Single-Story Residence is a Strong Value Opportunity, listed at $508,888—positioned well below the $535,240 Fair Market Value by 4%. This valuation gap provides $26,352 in Instant Equity for buyers. Boasting a Pristine Condition Rating, the home features quartz countertops, an open-concept layout, and a premium park-front cul-de-sac location with mountain views. Residents enjoy Atwell’s resort amenities and the highly-regarded Beaumont school district. This is an exceptional find for Owner-Occupants or first-time buyers seeking modern luxury with immediate financial upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5183 Beech Lane Subject | $519,000* List Price | 3 | 3 | 1,979 | $262 | - |
A 5289 Raintree Place Sold | $528,387 | 4 | 3 | 1,958 | $270 | 0.1 mi |
B 5080 Raintree Place Sold | $535,040 | 3 | 2 | 1,775 | $301 | 0.1 mi |
C 5155 Douglas Avenue Sold | $514,980 | 3 | 3 | 1,957 | $263 | 0.1 mi |
D 5139 Hackberry Place Sold | $475,720 | 3 | 3 | 1,741 | $273 | 0.2 mi |
E 5129 Douglas Avenue Sold | $468,599 | 3 | 3 | 1,741 | $269 | 0.1 mi |
F 5363 Echo Drive Sold | $574,637 | 3 | 2 | 2,135 | $269 | 0.7 mi |
G 5323 Guava Lane Active | $523,000 List Price | 3 | 3 | 2,252 | $232 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2024 construction (Palomar Plan 1) that has never been lived in. It features modern, high-end finishes including quartz countertops, contemporary cabinetry, and an open-concept layout. All major systems, including HVAC, electrical, and plumbing, are new and meet current building standards, with no physical depreciation or deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1979.
Situated at the end of a quiet cul-de-sac directly across from a community park, this home offers enhanced privacy, reduced traffic, and unobstructed greenbelt views.
As a brand-new 2024 construction, the Palomar Plan 1 features a highly desirable single-level layout with an open-concept interior and contemporary finishes like quartz countertops.
The $215 monthly association fee represents a significant ongoing cost that buyers must factor into their monthly debt-to-income considerations.
Located in Banning, the property may pose a challenge for professionals commuting to major employment centers in the Inland Empire or Los Angeles, given the distance and traffic patterns.
GREAT CUL-DE-SAC LOCATION RIGHT IN FRONT OF PARK WITH VIEW!!! COME BY AND SEE IT TODAY!! Brand-new Palomar Plan 1 offering approximately 1,979 sq. ft. of thoughtfully designed single-story living with 3 bedrooms and 2.5 bathrooms, located on one of the most desirable homesites within the Atwell by Tri Pointe Homes community. This premium residence is ideally positioned at the end of a quiet cul-de-sac and directly across from the community park, providing reduced traffic, enhanced privacy, and wide-open park views from the front of the home. One of the standout features of this location is its immediate access to the park trailway and green space, just steps from the front door. Whether enjoying morning walks, outdoor activities, or simply the open feel of a park-front setting, this home offers a lifestyle that few homesites can match. The orientation and placement create a unique sense of openness and connection to nature rarely found in new construction communities. Inside, the Palomar Plan 1 features a bright, open-concept layout designed for both comfort and functionality. The spacious living area flows seamlessly into the dining space and kitchen, creating an ideal setting for everyday living and entertaining. The kitchen is thoughtfully designed as the heart of the home, featuring stylish quartz countertops, ample cabinetry, and a layout that opens directly to the main living areas. An attached two-car garage adds convenience and additional storage. Located within Atwell, residents enjoy access to an impressive collection of resort-style amenities, including multiple swimming pools, pickleball and basketball courts, scenic river walking trails, fishing areas, picnic and BBQ spaces, shaded seating areas, playgrounds, cornhole areas, and enclosed dog parks. The community is also conveniently located near new shopping centers, restaurants, and provides easy freeway access for commuting. This home offers a rare combination of modern single-story design, a premium park-facing homesite, and access to a thoughtfully planned community, making it an exceptional opportunity for buyers seeking both lifestyle and long-term value. DON'T DELAY, COME SEE IT TODAY!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,979 | 1,683 | 76% |
| Lot Size | 8,276 | 6,286 | 74% |
| Price | $519.0K | $446.2K | 78% |
| Price per sq ft | $262 | $263 | 50% |
| Built year | 2024 | 1995 | 79% |
| HOA | $215.0 | $202 | 56% |
| Days on market | 88 | 197 | 11% |
Mar 12, 2026
$519,000
$508,888
+2% Price Increase
Initial Listing
Jan 24, 2026
$508,888
Initial Listing