5223 W Palmer Drive, Banning, California 92220, Banning, 92220 - 2 bed, 2 bath
5223 W Palmer Drive
Banning, California 92220
Property Price
SUMMARY
Analysis of 5223 W Palmer Drive, Banning, California 92220 is currently available with a list price of $299,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1987, the property falls within the 25-40 year age bracket defined for a fair rating. While the listing mentions updates such as wood laminate flooring and a 'cheery' kitchen, it does not indicate a full recent renovation of major systems or a complete modern overhaul. The home appears well-maintained and move-in ready, but its core components and layout reflect its original construction era.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Golf Course Views
The property boasts exceptional panoramic views of the golf course and mountains, providing a serene backdrop from the kitchen and the private covered patio.
- Extensive Community Amenities
Located in the Sun Lakes Country Club, residents have access to two golf courses, three clubhouses, pools, and gyms, with HOA dues conveniently including cable TV and internet.
- Financial Appeal
Offered at a competitive price point with no Mello Roos taxes and recent interior updates like wood laminate flooring, this home represents a high-value opportunity for active adult living.
CONSRISKS & DEFICIENCIES
- Compact Living Area
At 985 square feet, the interior space is relatively small for a two-bedroom unit, which may be a constraint for buyers requiring more storage or room for guests.
- Property Age
Built in 1987, the home and its core systems are nearly 40 years old, potentially necessitating future capital investments for maintenance or modernization compared to newer builds.
About 5223 W Palmer Drive
55+ RESORT STYLE LIVING AT IT’S BEST!! Sun Lakes C.C. GOLF COURSE & MOUNTAIN VIEW!! RELAX AND ENJOY THE SUNSET ON YOUR COVERED PATIO WHILE CHEERING ON YOUR GOLFING NEIGHBORS! UPDATED IDYLLWILD condo with Approx (985 SF, 2 BD, 2 BA, )Open Floor Plan with an elegant and roomy Living Room w/Fireplace, warm wood laminate floors, light and cheery kitchen with stunning golf course views and outstanding Mountain View’s Sun Lakes Country Club is Resort style 55+ Active Adult Community featuring a Variety of Amenities: two 18 hole Golf Courses - Championship & Executive, two pro shops, three Club Houses, 2 Restaurants, 3 Pools - In & Outdoor, three jacuzzi Tennis, Paddle Tennis, Bocce Ball, A Variety of Clubs and Endless Activities! Enjoy the great life!! NO MELLO ROOS!. This community is one of the most active adult communities with three gyms with nice equipment, exercise groups, hobby room equipped for sewing, stained glass , quilting, painting, pottery, and many more class. Many social clubs, entertainment weekly, joins friends for happy hours in the lounge, shows, dancing, etc. RV parking available.. Association Dues INCLUDE CABLE TV &INTERNET -
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $395.0 / Month
Neighborhood Insights
Banning Unified Schools
Three Rings Ranch Elementary School
Grades K-5 • 3.3 mi
Mountain View Middle School
Grades 6-8 • 3.8 mi
Banning High School
Grades 9-12 • 3.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 985 | 1,300 | 27% |
| Lot Size | - | 1,742 | 33% |
| Price | $299.0K | $320.0K | 33% |
| Price per sq ft | $304 | $263 | 87% |
| Built year | 1987 | 1992 | 27% |
| HOA | $395.0 | $385 | 80% |
| Days on market | 3 | 155 | 7% |
Pricing History
Listed for Sale
Mar 4, 2026
$299,000
Initial Listing
Sold
Jul 31, 2020
$230,000
Public Record
Sold
Apr 11, 2014
$160,000
Public Record
Sold
Jan 26, 2010
$149,000
Public Record
Sold
Sep 28, 2001
$125,000
Public Record