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1537 Cedarwood Drive, Banning, CA 92220

$459K3bd · 3ba · 1,741 sqft
Lot 4,212 sqft•HOA $195/mo•Single Family Residence•
Active
•17d on market•MLS# IV-26199763

Property Description

The Cypress floor plan offers a thoughtfully designed 3-bedroom, 2.5-bath layout that combines modern style with everyday functionality. Upon entry, a welcoming dining area flows into the spacious great room, creating an inviting atmosphere for both relaxing and entertaining. The centrally located kitchen is designed for the home chef, featuring a large prep island, generous counter space, and an oversized pantry for abundant storage. Upstairs, the private primary suite is thoughtfully separated from the secondary bedrooms, creating a peaceful retreat while maintaining a functional and efficient floor plan. With its spacious living areas, well-appointed kitchen, and versatile design, the Cypress is an ideal place to call home. Estimated completion: March 2027.

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
$2,320.95
Principal & Interest
Loan Amount
$367,200
Total Interest
$468,343
Total Payment Over 30 Years
$835,543
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

Affordable Tier · 5 active · 5 closed

1537 Cedarwood Drive, Banning, CA 92220

Banning · Single Family Residence

$459K
Affordable Tier
Beds
3
Baths
3
Sqft
1,741
Lot
4,212 sqft
Year
2026
$/Sqft
$264
Pool: Yes✓
Spa: Yes✓
View: None✓
Garage: 2-car✓

Listed in line with the median closed sale of $460,000. Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $459K· $264/sqft
Total list price
Closed comps
vs closed median $460K
−$1K (−0.2%)
Active comps
vs active median $375K
+$84K (+22.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $275
−$11 (−3.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1496 Pinyon LaneBanning2020321,5415,780$337$519,0002787
5345 Raintree PlaceBanning2027221,5306,501$293$449,000284
655 BlanchardBanning2021421,4986,098$250$375,0007981
4860 Rolling HillsBanning2002321,4714,792$245$360,0006880
680 Indian Wells RoadBanning1987321,5054,792$249$375,0008779
Total: 5 · Average3.02.01,5095,592.6$274.8$415,60052.6
Median1,505$375,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5465 Larkspur RoadBanning202609/17/2026331,7874,437$433,000$440,553$2471.0214498
6286 Mariposa DriveBanning202010/11/2026331,7413,572$468,888$485,000$2791.034697
5488 Larkspur RoadBanning202609/21/2026331,7875,949$446,000$447,720$2511.0013596
1540 Pinyon LaneBanning202210/07/2026321,5414,513$449,000$460,000$2991.023990
5460 Larkspur RoadBanning202609/23/2026432,0244,280$482,688$495,363$2451.0315090
Total: 5 · Average3.22.81,7764,550.2$465,727.2$465,727.2$264.2—102.8
Median1,787$460,000$460,000

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.