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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
•37d 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: No✓
Spa: No✓
View: None✓
Garage: 2-car✓

Listed in line with the median closed sale of $460,809. Closed comps sold at 102% of list — strong seller's market. Expect a longer timeline — comps averaged 174 days on 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 $461K
−$2K (−0.4%)
Active comps
vs active median $485K
−$26K (−5.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $259
+$5 (+2.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
5391 Eureka AvenueBanning2027331,7874,801$246$439,0003596
5518 Kiwi CourtBanning2027331,9576,274$252$493,0002294
1495 Hemlock RoadBanning2026331,7878,277$271$485,0007593
5123 Eureka AvenueBanning2025331,9584,792$267$523,0001892
1248 Goldenbrush WayBanning2023331,7873,049$257$458,8884092
Total: 5 · Average3.03.01,855.25,438.6$258.6$479,777.638
Median1,787$485,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5496 Mahonia CourtBanning202610/23/2026331,7413,772$476,303$476,303$2741.0021098
1615 Hemlock RoadBanning202610/16/2026331,7874,247$433,000$459,370$2571.0616198
5465 Larkspur RoadBanning202609/17/2026331,7874,437$433,000$440,553$2471.0214596
5246 Tamarack LaneBanning202607/09/2026331,7414,009$478,547$478,547$2751.0015296
5437 Larkspur RoadBanning202608/18/2026331,7874,761$454,000$460,809$2581.0120195
Total: 5 · Average3.03.01,768.64,245.2$463,116.4$463,116.4$262.2—173.8
Median1,787$460,809$460,809

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.