5245 W Plain Field, Banning, California 92220, Banning, 92220 - 3 bed, 2 bath
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Banning, California 92220
This Single Family Residence is a Strong Value Opportunity, listed at $324,000—positioned well below the $335,985 Fair Market Value by 3%. This valuation gap offers $11,985 in Instant Equity for the buyer. The property maintains a Good Condition Rating with recent capital improvements, including a 2025 roof and updated flooring. Featuring a Granite Kitchen and a peaceful Lattice Covered Patio, this home offers a resort-style lifestyle. It is an ideal acquisition for Retirees or Owner-Occupants seeking a turnkey 55+ community asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5245 W Plain Field Subject | $324,000* List Price | 3 | 2 | 1,312 | $256 | - |
A 637 Torrey Pines Rd. Sold | $345,000 | 3 | 2 | 1,312 | $263 | 0.3 mi |
B 6173 Inverness Drive Sold | $350,000 | 3 | 2 | 1,285 | $272 | 0.5 mi |
C 1020 Southern Hills Drive Sold | $335,000 | 3 | 2 | 1,247 | $269 | 0.3 mi |
D 658 Torrey Pines Sold | $302,500 | 3 | 2 | 1,312 | $231 | 0.3 mi |
E 5089 Oakhurst Sold | $337,000 | 2 | 2 | 1,277 | $264 | 0.2 mi |
F 840 Twin Hills Drive Sold | $380,000 | 2 | 2 | 1,504 | $253 | 0.2 mi |
G 1291 Laguna Seca Court Active | $365,000 List Price | 3 | 2 | 1,285 | $284 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1987, the property is well-maintained with significant recent system and cosmetic updates: a new roof (2025), HVAC components (2016), and new flooring/carpet (2022-2023). The kitchen has been partially updated with granite countertops and modern laminate flooring. While the bathrooms and kitchen cabinetry are dated, the home is move-in ready and functional, meeting the criteria for 'Good' condition due to the recent renovations.
Located in the prestigious Sun Lakes Country Club, residents benefit from an active 55+ lifestyle with access to two golf courses, three clubhouses, eight pickleball courts, and on-site dining.
The property boasts significant recent updates including a new roof (2025), exterior trim paint (2024), and updated flooring (2023), significantly reducing immediate maintenance costs for the buyer.
Having been lightly used as a vacation home since 2012, the interior shows minimal wear and tear, complemented by vaulted ceilings and granite countertops that enhance the open floor plan.
The $410 monthly association fee is a significant recurring expense that may impact the affordability index for retirees on a fixed budget.
Despite being located near the foothills, the property listing specifies no views, which may be a disadvantage compared to other homes in the community that offer golf course or mountain vistas.
Welcome to 5245 W. Plain Field Dr., located in the highly desirable Sun Lakes Country Club, a 55+ gated community that offers resort style living beneath the foothills of Banning. Residents will enjoy a variety of exceptional amenities such as 2 18-hole golf courses, 3 clubhouses, 3 pools and spas, 6 tennis courts, 3 paddle tennis courts, 8 pickle ball courts, gym, restaurant, bar, lounge, library, and more! This home has been well maintained by its owners who have lightly used it as a vacation home since 2012. Some of improvements over the years have been a new garage door and HVAC components in 2016, new carpet in 2022, window coverings and Mohawk laminate kitchen flooring in 2023, exterior trim repainted in 2024, and December of 2025 the roof was redone with heavy duty underlayment. Inside the home is 3 bedrooms and two bathrooms with an open feel floorpan, vaulted ceilings, granite kitchen countertops, and more. Mature park-like landscaping, and a nice lattice covered patio in the rear yard offer a peaceful place to drink your morning coffee or enjoy an afternoon BBQ. Schedule a visit with your Realtor today! *Information deemed accurate, but has not been verified.
No exterior & parking available.
Grades K-5 • 3.2 mi
Grades 6-8 • 3.7 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,312 | 1,683 | 25% |
| Lot Size | 4,792 | 6,395.5 | 30% |
| Price | $324.0K | $437.5K | 8% |
| Price per sq ft | $247 | $263 | 39% |
| Built year | 1987 | 1996 | 28% |
| HOA | $410.0 | $195 | 87% |
| Days on market | 24 | 175 | 2% |
May 20, 2026
$324,000
Initial Listing
Nov 30, 2012
$130,000
Public Record
Jun 3, 2005
$250,000
Public Record
May 14, 2004
$219,000
Public Record
May 16, 2003
$162,500
Public Record
Aug 17, 1993
$125,000
Public Record