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5531 Nicklaus Drive, Banning, CA 92220

$250K2bd · 2ba · 850 sqft
Lot 850 sqft•HOA $410/mo•Condominium•
Active
•402d on market•MLS# IG-25225322

Property Description

Welcome to 5531 Nicklaus Dr – a charming single-story condo located in the highly desirable Sun Lakes Country Club 55+ golf community. This turnkey 2-bedroom, 2-bathroom home offers 850 sq. ft. of comfortable living space with thoughtful updates throughout. Step inside to a bright living room featuring tall ceilings. The kitchen hosts a cozy breakfast nook is designed for everyday convenience. The primary suite includes a private ensuite bathroom for added comfort. An easy-maintenance backyard provides the perfect spot to relax or entertain without the upkeep. Additional highlights include a two-car garage and a move-in ready interior. Living in Sun Lakes means more than just a home—it’s a lifestyle. Residents enjoy access to a private year-round golf course, pickleball, bocce ball, billiards, swimming pools, and a spa, along with a welcoming community atmosphere. Conveniently located near shopping, dining, and I-10 for easy travel. Don’t miss this opportunity to enjoy resort-style living in one of the area’s most sought-after 55+ communities!

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
Roof
Tile
City
Banning
Zip Code
92220
County
Riverside
Listed byeXp Realty of Southern California, Will Quanstrom

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,264.14
Principal & Interest
Loan Amount
$200,000
Total Interest
$255,089
Total Payment Over 30 Years
$455,089
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 · 3 active · 5 closed

5531 Nicklaus Drive, Banning, CA 92220

Banning · Condominium

$250K
Affordable Tier
Beds
2
Baths
2
Sqft
850
Lot
850 sqft
Year
1989
$/Sqft
$294
Pool: No✓
Spa: No✓
View: golf✓
Garage: 2-car✓

Listed 4.2% above the median closed sale of $240,000. Expect a longer timeline — comps averaged 222 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $250K· $294/sqft
Total list price
Closed comps
vs closed median $240K
+$10K (+4.2%)
Active comps
vs active median $269K
−$19K (−7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $303
−$9 (−3.0%)

Active Properties (3)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1228 HoganBanning1989228501,544$316$269,0006392
875 Hogan AvenueBanning1990228501,317$316$268,9007192
1024 HoganBanning1990229212,178$277$255,00010489
Total: 3 · Average2.02.0873.6671,679.667$303$264,30079.33333333333333
Median850$268,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
715 La Costa DriveBanning198706/02/2026228510$287,000$282,000$3310.9811894
672 La Quinta DriveBanning198710/27/2026228510$246,000$240,000$2820.9853994
839 MillerBanning199006/03/2026228510$268,000$260,000$3060.9725393
1268 Hogan AvenueBanning198809/15/2026229210$235,000$235,000$2551.004692
5340 Palmer DriveBanning198706/03/202622985871$257,600$240,000$2440.9315388
Total: 5 · Average2.02.0891.8871$251,400$251,400$283.6—221.8
Median851$240,000$240,000

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.