
Banning, California 92220
This Brand-New Modern Residence is a Strong Value Opportunity, listed at $499,000—positioned well below the $527,526 Fair Market Value by 5%. This valuation gap provides $28,526 in Instant Equity for a home in Pristine New Construction Condition. The 1,979 sq. ft. Palomar plan features an open-concept kitchen and sits on a generous 9,003 sq. ft. lot within the Beaumont High School District. With a December 2026 completion, it offers significant long-term value. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5341 Guava Lane Subject | $499,000* List Price | 3 | 2 | 1,979 | $267 | - |
A 5080 Raintree Place Sold | $535,040 | 3 | 2 | 1,775 | $301 | 0.2 mi |
B 5209 Douglas Avenue Sold | $478,551 | 3 | 3 | 1,741 | $275 | 0.2 mi |
C 5289 Raintree Place Sold | $528,387 | 4 | 3 | 1,958 | $270 | 0.1 mi |
D 5277 Raintree Place Sold | $505,730 | 3 | 2 | 1,775 | $285 | 0.1 mi |
E 1181 Foothill Sold | $545,000 | 3 | 3 | 1,939 | $281 | 0.9 mi |
F 5129 Douglas Avenue Sold | $468,599 | 3 | 3 | 1,741 | $269 | 0.2 mi |
G 5183 Beech Lane Active Under Contract | $519,000 List Price | 3 | 3 | 1,979 | $262 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
New construction with an estimated completion date in 2026. As a brand-new build, all systems, kitchen, and baths are in mint condition with zero deferred maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9003, living area = 1979.
As a 2026 build, this home offers the latest in modern design, energy efficiency, and the peace of mind that comes with comprehensive builder warranties.
Situated on a 9,003 sq. ft. lot, the property provides significant outdoor space compared to many newer developments, offering ample room for landscaping or recreation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9003, other record lot size in square feet = 9099.
With an estimated completion date of December 2026, this property is not suitable for buyers requiring immediate or short-term occupancy.
The listing specifies no views, which may be a drawback for buyers seeking the aesthetic appeal of the surrounding mountain or desert landscapes.
Palomar is a beautifully designed 1,979 sq. ft. home featuring three bedrooms and two bathrooms, ideal for families of all sizes. Step inside to a bright, open-concept floor plan where the spacious living room seamlessly connects to the dining area and kitchen. The impressive kitchen serves as the heart of the home, perfect for both everyday living and entertaining. A two-bay garage provides ample space for vehicles and additional storage. This home truly offers the perfect blend of comfort and functionality schedule your tour today to learn more! Estimated Completion December 2026
No exterior & parking available.
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 | 1,979 | 1,683 | 76% |
| Lot Size | 9,003 | 6,286 | 79% |
| Price | $499.0K | $446.2K | 68% |
| Price per sq ft | $252 | $263 | 41% |
| Built year | 2026 | 1995 | 97% |
| HOA | $195.0 | $202 | 44% |
| Days on market | 4 | 197 | 0% |
Apr 18, 2026
$499,000
Initial Listing