5246 Tamarack Lane, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath
5246 Tamarack Lane
Banning, California 92220
Property Price
SUMMARY
Analysis of 5246 Tamarack Lane, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $470,415 aligned with the estimated $466,421 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5246 Tamarack Lane Subject | $470,415* List Price | 3 | 3 | 1,741 | $268 | - |
A 5128 Douglas Avenue Sold | $476,912 | 3 | 3 | 1,741 | $274 | 0.1 mi |
B 4978 Balsam Place Sold | $450,533 | 3 | 3 | 1,787 | $252 | 0.2 mi |
C 5148 Hackberry Place Sold | $465,811 | 3 | 3 | 1,741 | $268 | 0.1 mi |
D 2031 Linden Lane Sold | $469,833 | 3 | 3 | 1,787 | $263 | 0.2 mi |
E 5108 Hackberry Place Sold | $481,960 | 3 | 3 | 1,741 | $277 | 0.1 mi |
F 2072 Longleaf Drive Sold | $493,506 | 4 | 3 | 2,024 | $244 | 0.3 mi |
G 5172 Douglas Avenue Active | $477,546 List Price | 3 | 3 | 1,741 | $274 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is new construction, with an estimated completion date of July 2026. As such, all components, including the kitchen and bathrooms, will be brand new and built to current quality standards. The description highlights a 'chef-inspired kitchen' with a generous prep island and an oversized pantry, indicating modern features and ample space. The primary suite is described as a 'serene and exclusive retreat,' suggesting a well-designed and comfortable bathroom. Given it's new construction, all systems (HVAC, electrical) will be new and up to code, and flooring and light fixtures will be contemporary. The property meets the criteria for 'excellent' due to its newness and implied modern finishes.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction
Brand new home with estimated completion July 2026, offering modern design and the latest building standards.
- Thoughtful Layout
The Cypress floor plan features a dedicated dining area, expansive great room, and a chef-inspired kitchen, optimizing flow and functionality.
- Private Primary Suite
The primary suite is strategically separated from secondary bedrooms, providing a serene and private retreat.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4009, other record lot size in square feet = 3920.
- Recently Sold Property
The property was recently sold within the past year on 2025-09-30. The sold price is $445,000.00.
- Future Completion Date
The property is not yet built, with an estimated completion date of July 2026, requiring a significant waiting period.
About 5246 Tamarack Lane
Estimated completion July 2026. The Cypress floor plan offers a refined layout beginning with a dedicated dining area that flows into an expansive great room, anchored by a chef-inspired kitchen featuring a generous prep island and an oversized pantry. Upstairs, the private primary suite is thoughtfully separated from the secondary bedrooms, creating a serene and exclusive retreat designed for comfort and privacy.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 4,009 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $195.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,741 | 1,683 | 53% |
| Lot Size | 4,009 | 6,098 | 12% |
| Price | $470.4K | $450.0K | 56% |
| Price per sq ft | $270 | $261 | 57% |
| Built year | 2026 | 1998 | 99% |
| HOA | $195.0 | $202 | 40% |
| Days on market | 28 | 199 | 0% |
Pricing History
Listed for Sale
Feb 28, 2026
$470,415
$469,000
+0% Price Increase
Initial Listing
Price Change
Feb 7, 2026
$469,000
Initial Listing
Sold
Sep 30, 2025
$445,000
Public Record