5385 Larkspur Road, Banning, California 92220, Banning, 92220 - 3 bed, 3 bath
ACTIVE$463,000$2,024/sqft
Est. Value: $503,377
8%
BelowEstimate
5385 Larkspur Road, Banning, California 92220
3Beds
3Baths
2,024Sqft
5,383Lot
Price Vs. Estimate
The estimated value ($503,377.065) is $40,377.065 (8%) higher than the list price ($463,000). This property may be underpriced.
Key pros and cons
Top Pros:
Brand New Construction: Scheduled for completion in May 2026, this home offers pristine, modern construction with up-to-date building codes and warranties, minimizing immediate maintenance concerns for buyers.
Top Cons:
Monthly HOA Fees: The property incurs a monthly association fee of $220.0, which adds a recurring cost to homeownership and should be factored into a buyer's budget.
Compared to the nearby listings
Price:$463.0K vs avg $459.3K (+$3,661)52%
Size:2,024 sqft vs avg 1,683 sqft73%
Price/sqft:$229 vs avg $26418%
More Insights
Built in 2026 (0 years old).
Condition: This property is brand new construction, scheduled for completion in May 2026. All components, including the modern kitchen, bathrooms, appliances, and systems, will be new and meet current quality standards with no deferred maintenance.
Year Built
2026
Close
-
List price
$463K
Original List price
$463K
Price/Sqft
$229
HOA
$220
Days on market
-
Sold On
-
MLS number
IV26011583
Home ConditionExcellent
Features
View-
About this home
Scheduled for completion in May 2026! The Alpine welcomes you into the home, where a spacious great room opens into the dining and modern kitchen area. Extra storage in a first floor closet extension and upstairs Primary Suite walk-in closet. Spacious secondary bedrooms are located upstairs.
N
NYLA STERLING
Listing Agent
Condition Rating
Excellent
This property is brand new construction, scheduled for completion in May 2026. All components, including the modern kitchen, bathrooms, appliances, and systems, will be new and meet current quality standards with no deferred maintenance.
Pros & Cons
Pros
Brand New Construction: Scheduled for completion in May 2026, this home offers pristine, modern construction with up-to-date building codes and warranties, minimizing immediate maintenance concerns for buyers.
Modern Open Concept Design: The 'Alpine' model features a spacious great room that seamlessly opens into the dining and modern kitchen area, catering to contemporary living preferences and ideal for entertaining.
Ample Storage Solutions: The property includes practical storage enhancements such as an extra first-floor closet extension and a generous walk-in closet in the upstairs Primary Suite, addressing common buyer needs.
Master Planned Community: Located within the 'Atwell Master Plan' subdivision, residents can expect a well-designed community environment, potential amenities, and a cohesive neighborhood feel.
Competitive Price Point: At a list price of $463,000 for a new 3-bedroom, 3-bathroom, 2024 sqft single-family residence, it offers an attractive value proposition for new construction in the area.
Cons
Monthly HOA Fees: The property incurs a monthly association fee of $220.0, which adds a recurring cost to homeownership and should be factored into a buyer's budget.
No Designated Views: The property explicitly states 'view: None,' indicating a lack of desirable scenic or panoramic views that could otherwise enhance its appeal and value.
Delayed Occupancy: As the home is scheduled for completion in May 2026, buyers will face a significant waiting period before they can move in, which may not be suitable for those requiring immediate housing.