
Banning, California 92220
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $488,000—positioned well below the $520,447 Fair Market Value by 6%. This valuation gap offers $32,447 in Instant Equity for the buyer. Featuring a chef-inspired kitchen, wide-plank wood flooring, and a spacious 13,760 sqft lot, the property maintains an Excellent Condition Rating. With its modern 2021 construction and premium City Lights view, this residence is an ideal fit for first-time buyers or owner-occupants seeking a sophisticated, turnkey lifestyle.
Turnkey 2021 home in Banning, CA. 3 bed, 3 bath, 1,794 sqft on a massive 13,760 sqft lot. Priced below market value with instant equity. Move-in ready.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5908 Raven Way Subject | $488,000* List Price | 3 | 3 | 1,794 | $290 | - |
A 5183 Beech Lane Sold | $519,000 | 3 | 3 | 1,979 | $262 | 0.9 mi |
B 5275 Verbena Circle Sold | $480,736 | 2 | 2 | 1,530 | $314 | 0.5 mi |
C 1525 Horizon Sold | $618,000 | 4 | 3 | 2,286 | $270 | 0.4 mi |
D 1315 Redbud Sold | $572,000 | 4 | 3 | 2,049 | $279 | 0.4 mi |
E 5080 Raintree Place Sold | $535,040 | 3 | 2 | 1,775 | $301 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this home is less than 5 years old and in mint condition. The interior features modern wide-plank flooring, a chef-inspired kitchen with premium stainless steel appliances, and contemporary designer fixtures. All major systems, including HVAC and electrical, are nearly new, requiring no maintenance or updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13760, living area = 1794.
Built in 2021, this home offers contemporary aesthetics including wide-plank flooring and designer fixtures, ensuring a move-in-ready experience with minimal immediate maintenance required.
Boasting a massive 13,760 sqft lot, the property provides significantly more outdoor space than typical modern subdivisions, complemented by a premium aluminum patio cover with recessed lighting.
The $202 monthly association fee increases the total cost of ownership, which may be a deterrent for buyers looking to minimize recurring non-mortgage expenses.
Situated in Banning, the property may present a challenging commute for those working in major Southern California employment hubs like Riverside or Orange County.
Contemporary living, crafted for comfort, style, and effortless California living. Built in 2021 and meticulously maintained, this residence welcomes you with expansive wide-plank wood flooring in soft, modern tones that set a bright and sophisticated ambiance from the moment you enter. The chef-inspired kitchen is a true centerpiece, showcasing rich mahogany cabinetry, a crisp white tile backsplash, and premium stainless steel appliances. Its open-concept design flows seamlessly into the inviting family room, where a cozy gas fireplace and abundant natural light create the perfect setting for everyday living and relaxed entertaining. Slide open the glass doors to your private outdoor retreat, ideal for warm summer evenings. The spacious aluminum patio cover with recessed lighting transforms the backyard into a magical setting for gatherings, dining, or simply unwinding under the California sky. Upstairs, you’ll find generously sized bedrooms designed for comfort and privacy. The primary suite offers a true sanctuary with a walk-in closet, dedicated vanity area, and a spa-like bathroom featuring a soaking tub and separate shower. A full upstairs laundry room adds convenience to your daily routine. Thoughtfully upgraded with modern doors, designer fixtures, and contemporary finishes throughout, this home blends elegance with everyday livability. The low-maintenance lot maximizes enjoyment while keeping upkeep to a minimum. If you’re seeking a residence that delivers warmth, sophistication, and functional luxury, this home stands above the rest.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,794 | 1,683 | 59% |
| Lot Size | 13,760 | 6,534 | 89% |
| Price | $488.0K | $440.0K | 63% |
| Price per sq ft | $272 | $263 | 58% |
| Built year | 2021 | 1997 | 76% |
| HOA | $202.0 | $195 | 53% |
| Days on market | 11 | 175 | 2% |
Jun 2, 2026
$488,000
Initial Listing
Apr 28, 2021
$297,500
Public Record