5218 Tamarack Lane, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath
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Banning, California 92220
This Modern New Construction Home represents a Prime Investment Opportunity, listed at $450,701—positioned well below the $467,620 Fair Market Value by 3%. This valuation gap secures $16,919 in Instant Equity upon its 2026 completion. Featuring a chef-inspired kitchen with a prep island and a privacy-oriented layout in New Construction Condition, the property is situated within the desirable Beaumont school district. It perfectly balances lifestyle quality with financial upside, making it a premier choice for Owner-Occupants or first-time buyers seeking high-value market entry.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5218 Tamarack Lane Subject | $496,200* List Price | 3 | 3 | 1,741 | $277 | - |
A 5209 Douglas Avenue Sold | $478,551 | 3 | 3 | 1,741 | $275 | 0.1 mi |
B 1291 Mahogany Street Sold | $512,395 | 3 | 2 | 1,775 | $289 | 0.4 mi |
C 5245 Douglas Avenue Sold | $495,121 | 4 | 3 | 1,957 | $253 | 0.1 mi |
D 5295 Verbena Circle Sold | $519,000 | 4 | 3 | 1,958 | $265 | 0.3 mi |
E 968 Mahogany Street Sold | $514,563 | 3 | 3 | 1,979 | $260 | 0.5 mi |
F 5385 Larkspur Road Sold | $472,109 | 3 | 3 | 2,024 | $233 | 0.4 mi |
G 1263 Mahogany Street Sold | $496,500 | 4 | 3 | 1,958 | $254 | 0.4 mi |
H 5246 Tamarack Lane Sold | $478,547 | 3 | 3 | 1,741 | $275 | 0.0 mi |
I 5205 Tamarack Lane Active | $485,000 List Price | 3 | 3 | 1,741 | $279 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is a brand-new construction scheduled for completion in 2026. As a new build, it features modern energy-efficient systems, a chef-inspired kitchen with a prep island and oversized pantry, and contemporary design standards with no physical depreciation or deferred maintenance.
As a 2026 build, this home offers the latest in energy efficiency and contemporary design standards, providing the peace of mind that comes with a brand-new structure and builder warranties.
The kitchen serves as a high-end focal point, featuring a generous prep island, abundant counter space, and an oversized pantry designed for both functionality and entertaining.
The Cypress floor plan intelligently separates the primary suite from the secondary bedrooms, creating a serene retreat that maximizes privacy for the homeowners.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5903, other record lot size in square feet = 3920.
With a scheduled completion date in August 2026, this property requires a significant wait time, making it unsuitable for buyers with immediate housing needs.
The $195 monthly HOA fee adds a permanent carrying cost to the property, which may impact the overall affordability and budget for some prospective buyers.
The Cypress floor plan showcases a thoughtfully designed layout that blends style and functionality. A dedicated dining area welcomes you in and flows seamlessly into the expansive great room, creating an ideal setting for both everyday living and entertaining. The chef-inspired kitchen serves as the heart of the home, featuring a generous prep island, abundant counter space, and an oversized pantry for exceptional storage. Upstairs, the private primary suite is strategically separated from the secondary bedrooms, offering a serene and exclusive retreat. Designed with comfort and privacy in mind, this inviting space provides the perfect place to unwind while maintaining a functional layout for the rest of the household. Don’t miss this opportunity to own a beautifully designed home scheduled for completion in August 2026.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,741 | 1,574 |
| Lot Size | 5,903 | 5,523 |
| Price | $496.2K | $437.6K |
| Price per sq ft | $285 | $260 |
| Built year | 2026 | 2001 |
| HOA | $195.0 | $220 |
| Days on market | 144 | 79 |
Jul 21, 2026
$496,200
$450,701
+10% Price Increase
Initial Listing
Mar 7, 2026
$450,701
$450,000
+0% Price Increase
Initial Listing
Feb 28, 2026
$450,000
Initial Listing