
Banning, California 92220
This Modern 2023-Built Residence is a Strong Value Opportunity, with a List Price of $418,000—positioned well below the $454,374 Fair Market Value by 8%. This valuation gap provides $36,374 in Instant Equity. Boasting an Excellent Condition Rating, the home features a modern quartz kitchen, mountain views, and access to Atwell’s resort-style amenities within the Beaumont school district. While the short sale status requires a longer closing timeline, the financial upside is significant. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 959 Rockcress Lane Subject | $408,500* List Price | 3 | 3 | 1,787 | $229 | - |
A 5118 Larkspur Sold | $499,000 | 3 | 2 | 1,950 | $256 | 0.2 mi |
B 5155 Douglas Avenue Sold | $514,980 | 3 | 3 | 1,957 | $263 | 0.7 mi |
C 1161 Richland Sold | $525,000 | 3 | 3 | 1,957 | $268 | 0.9 mi |
D 1157 Blackbrush Sold | $515,000 | 3 | 3 | 1,741 | $296 | 0.8 mi |
E 2031 Linden Lane Sold | $469,833 | 3 | 3 | 1,787 | $263 | 0.7 mi |
F 5128 Douglas Avenue Sold | $476,912 | 3 | 3 | 1,741 | $274 | 0.6 mi |
G 5437 Larkspur Road Pending | $454,000 List Price | 3 | 3 | 1,787 | $254 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2023, making it nearly new and well within the 10-year threshold for an excellent rating. It features modern construction standards, including a kitchen with quartz countertops, a tankless water heater, fire sprinkler systems, and contemporary flooring and fixtures with no signs of physical depreciation.
As a nearly new build, the home features contemporary upgrades including quartz countertops, a tankless water heater, fire sprinklers, and a 220V garage outlet for EV charging.
Located in the Atwell Community, residents enjoy access to premium amenities such as a pool, spa, playground, and BBQ areas, all while benefiting from scenic mountain views.
The 1,787 sq. ft. layout is thoughtfully designed with a spacious great room for entertaining and all bedrooms located upstairs to ensure privacy and separation of space.
The property is a short sale subject to lender approval, which typically results in a more complex and significantly longer closing timeline compared to traditional sales.
Buyers must assume a leased solar system and account for a $235 monthly HOA fee, both of which increase the total monthly carrying costs of the property.
Welcome to this beautifully 3-bed, 2.5-bath home in the desirable Atwell Community in Banning. The open floorplan features a spacious great room, a modern kitchen with quartz countertops. All bedrooms are generously sized and located upstairs, including a lovely master suite. The home provides ample storage under the stairs, and a cozy family room fireplace. The 2-car attached garage provides a 220V outlet. Systems and amenities include a fire sprinkler system and tankless water heater. The property comes with a leased solar system (buyer to assume). Residents enjoy community benefits such as a pool, spa, playground, picnic area, and barbecue area. Conveniently located near schools, parks, and shopping. This home blends comfort, style, mountain views, and suburban convenience. Short sale – subject to seller and lender approval. Buyers and agents to verify all information pertaining to the property.
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 | 61% |
| Square foot | 1,787 | 1,683 | 58% |
| Lot Size | 4,356 | 6,233.5 | 21% |
| Price | $408.5K | $442.7K | 39% |
| Price per sq ft | $229 | $263 | 23% |
| Built year | 2023 | 1995 | 77% |
| HOA | $235.0 | $202 | 63% |
| Days on market | 106 | 197 | 21% |
Mar 31, 2026
$408,500
$418,000
-2% Price Drop
Initial Listing
Feb 25, 2026
$418,000
$475,000
-12% Price Drop
Initial Listing
Feb 7, 2026
$475,000
$399,800
+19% Price Increase
Initial Listing
Jan 6, 2026
$399,800
Initial Listing
Dec 11, 2023
$410,500
Public Record