5762 Verde Way, Banning, California 92220, Banning, 92220 - 5 bed, 3 bath
5762 Verde Way
Banning, California 92220
Property Price
SUMMARY
Analysis of 5762 Verde Way, Banning, California 92220 reveals a Fairly Priced Property with a current list price of $685,000 aligned with the estimated $685,000 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 |
|---|---|---|---|---|---|---|
★ 5762 Verde Way Subject | $685,000* List Price | 5 | 3 | 3,293 | $208 | - |
A 5379 Echo Drive Sold | $590,988 | 4 | 3 | 2,625 | $225 | 0.3 mi |
B 2061 Horizon Avenue Sold | $595,000 | 4 | 3 | 2,844 | $209 | 0.5 mi |
C 5688 California Circle Sold | $665,000 | 5 | 4 | 3,293 | $202 | 0.4 mi |
D 5363 Echo Drive Sold | $574,637 | 3 | 2 | 2,135 | $269 | 0.3 mi |
E 5921 Dragonfly Street Sold | $595,000 | 4 | 3 | 2,844 | $209 | 0.6 mi |
F 5345 Echo Drive Sold | $582,025 | 4 | 3 | 2,286 | $255 | 0.3 mi |
G 5903 Banbury Pending | $668,000 List Price | 5 | 3 | 3,293 | $203 | 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 home was built in 2020, making it only 4 years old and virtually new. The kitchen boasts modern stainless steel appliances, granite/quartz countertops, and contemporary cabinetry. Bathrooms feature updated vanities and a glass-enclosed shower in the primary suite. All components, including flooring, lighting, and systems, are new or in excellent condition, reflecting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction & Modern Design
Built in 2020, this home offers contemporary open-concept living, a gourmet kitchen with an island, and is move-in ready, minimizing immediate maintenance or renovation needs.
- Spacious & Versatile Layout
At 3,293 sq ft, it's the largest Horizon Plan 3, featuring 5 bedrooms, 3 full bathrooms, a loft, office, and a 3-car garage, providing ample space and flexibility for various family needs, including a convenient downstairs bedroom and full bath.
- Extensive Community Amenities
Residents enjoy resort-style living within the Atwell Community, which includes 2 pools, 2 spas, a lake, creekside hiking trails, 2 playgrounds, a basketball court, and 2 parks.
CONSRISKS & DEFICIENCIES
- Inland Location & Climate
Located in Banning, the property is further inland, which typically means hotter summer temperatures and potentially longer commute times to major employment centers or coastal attractions.
- Ongoing HOA Fees
The property is subject to a monthly association fee of $202.00, which is an additional recurring cost that buyers must factor into their budget.
- Moderate Lot Size
While the backyard is upgraded, the 6,364 sq ft lot size for a 3,293 sq ft home may offer less expansive private outdoor space than some buyers desire for a large 5-bedroom residence.
About 5762 Verde Way
Stunning 5-Bedroom Home in Atwell – Horizon Plan 3 Don’t miss this spacious and beautifully upgraded Horizon Plan 3, the largest floor plan in the Atwell community. Built in 2020, this home offers 3,293 sq ft of living space, featuring 5 bedrooms, 3 full bathrooms, a loft, office, and a 3-car garage. The open-concept main level includes a large great room, dining area, and gourmet kitchen with an island that seats four. The kitchen and living areas open to a fully upgraded backyard with a spacious cement patio—perfect for entertaining. A downstairs bedroom and full bath offer convenience and flexibility, while the office is ideal for remote work. Upstairs you'll find the expansive primary suite with walk-in closet, three additional bedrooms, a full bathroom with dual sinks, laundry room, and a loft/game room. Enjoy resort-style living with Atwell Community amenities including 2 pools, 2 spas, a lake, creekside hiking trails, 2 playgrounds, a basketball court, and 2 parks. This move-in ready home offers incredible value and a lifestyle to match!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2020
- Lot Size
- 6,364 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $202.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 96% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 3,293 | 1,683 | 98% |
| Lot Size | 6,364 | 6,098 | 52% |
| Price | $685.0K | $450.0K | 98% |
| Price per sq ft | $208 | $261 | 8% |
| Built year | 2020 | 1998 | 68% |
| HOA | $202.0 | $202 | 50% |
| Days on market | 192 | 199 | 47% |
Pricing History
Listed for Sale
Aug 27, 2025
$685,000
Initial Listing