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1047 Plumwood Lane, Banning, CA 92220

$569K4bd · 3ba · 2,625 sqft
Lot 5,555 sqft•HOA $195/mo•Single Family Residence•
Active
•95d on market•MLS# IV-26144402

Property Description

A stunning two-story home offering a downstairs flex space for crafting, working, or culinary experiments, plus an upstairs family-friendly loft. With four spacious bedrooms, one on the main floor, three modern baths, and a two bay garage with storage, this home blends elegance and functionality. From the beautiful kitchen to the inviting great room, it’s a dream home redefined. Completion date December 2026

Features & Amenities

FeeBuilt 2026

Property Details

Land Type
Fee
Year Built
2026
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
City
Banning
Zip Code
92220
County
Riverside
Listed byTRI POINTE HOMES HOLDINGS, INC., NYLA STERLING

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,877.17
Principal & Interest
Loan Amount
$455,200
Total Interest
$580,583
Total Payment Over 30 Years
$1,035,783
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

1047 Plumwood Lane, Banning, CA 92220

Banning · Single Family Residence

$569K
Residential Tier
Beds
4
Baths
3
Sqft
2,625
Lot
5,555 sqft
Year
2026
$/Sqft
$217
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed 12.3% above the median closed sale of $506,749. Closed comps sold at 102% of list — strong seller's market. Expect a longer timeline — comps averaged 145 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $569K· $217/sqft
Total list price
Closed comps
vs closed median $507K
+$62K (+12.3%)
Active comps
vs active median $499K
+$70K (+14.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $216
+$1 (+0.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1131 RockcressBanning2023432,2825,227$219$499,0002694
1083 Plumwood LaneBanning2026432,2865,973$238$544,0009693
5405 Eureka AvenueBanning2027432,2824,688$212$484,000193
1173 RockcressBanning2023432,2823,920$232$529,0004589
1418 Las ColinasBanning1993332,6235,663$177$465,00031482
Total: 5 · Average3.83.02,3515,094.2$215.6$504,20096.4
Median2,282$499,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5367 Hoffer StreetBanning202608/14/2026432,6256,445$579,000$585,706$2231.0116696
5469 Topaz LaneBanning202607/29/2026432,2825,026$474,000$474,000$2081.0011393
5477 Indigo WayBanning202606/29/2026432,2825,086$494,440$506,749$2221.0213493
5373 Pinedrop CircleBanning202609/14/2026432,2867,287$553,822$583,298$2551.0520490
5482 Indigo WayBanning202606/24/2026432,2824,177$483,596$501,607$2201.0410990
Total: 5 · Average4.03.02,351.45,604.2$530,272$530,272$225.6—145.2
Median2,282$506,749$506,749

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.