Beautiful Corner End Lot
1 / 31

5260 West Palmer, Banning, CA 92220

$305K2bd · 2ba · 985 sqft
HOA $410/mo•Condominium•
Active
•104d on market•MLS# IG-26140998

Property Description

This is a Classy 'Idyllwild' Model just a Short Walk to Pool/Spa in Lakeside 2 of Sun Lakes Country Club, a Luxury 55+ Active Adult Golf Community (with NO MELLO ROOS) STYLISH UPGRADES & Features with this Single Story 2 BR 2 BA Corner/End Unit Condo include: Gorgeous LVT Flooring; Plantation Shutters; Remodeled Kitchen with All Stainless Steel Appliances (Included in Sale); Updated Primary Bathroom; Cathedral Ceilings & Large Windows for wonderful Natural Light Flow; Cozy Fireplace and a Fenced Patio with Alumawood Patio Cover. Sun Lakes Country Club goes beyond just a place to live - It's a vibrant community designed to keep you as Active & Engaged as you wish with: TWO 18-HOLE GOLF COURSES & Pro Shops, THREE Clubhouses, Restaurants, Bar & Lounge with weekend Music & Dancing, Tennis, Boccie, PICKLEBALL COURTS, 3 Pools & Jacuzzi Spas (Including a Large Indoor Pool), THREE Fitness Centers & More. Lots of Social Clubs - A few are: Card Clubs, RV, Dancing, Drama Club/Theatre, Bowling, Sewing & Quilting, Tennis & Pickleball, Travel, Art League, Cultural and Garden. Then Add TRIPS AND TRAVEL EXCURSIONS scheduled all year long. Association Dues INCLUDE CABLE TV & INTERNET, FIRE INSURANCE (Building Master Plan), Exterior Painting, Pest Control, Roof & Exterior Repairs - The community is Located Close to Casinos, World Famous Shopping (Cabazon and Palm Springs), Restaurants, and Excellent Medical Facilities - With a backdrop of TWO Mountain ranges and Two Golf Courses with Mini-Lakes, many homes offer Spectacular Views - LET THE GOOD LIFE BEGIN in our Awesome Community!

Features & Amenities

FeeBuilt 1987

Property Details

Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Courtyard
Flooring
See Remarks
City
Banning
Zip Code
92220
County
Riverside
Listed by55+ REAL ESTATE INC, Jessica Angle-Davis

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,541.68
Principal & Interest
Loan Amount
$243,910
Total Interest
$311,094
Total Payment Over 30 Years
$555,004
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

5260 West Palmer, Banning, CA 92220

Banning · Condominium

$305K
Affordable Tier
Beds
2
Baths
2
Sqft
985
Lot
0 sqft
Year
1987
$/Sqft
$310
Pool: Yes✓
Spa: Yes✓
View: golf✓
Garage: 2-car✓

Listed 14.6% above the median closed sale of $266,000. Price per sqft ($310) is a 18% premium to closed comps ($263). Closed comps sold at 94% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $305K· $310/sqft
Total list price
Closed comps
vs closed median $266K
+$39K (+14.6%)
Active comps
vs active median $292K
+$13K (+4.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $313
−$3 (−1.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1055 Hogan AvenueBanning1990229332,178$326$304,0007493
587 La CostaBanning1987229211,940$358$330,0002691
875 Hogan AvenueBanning1990228501,317$316$268,9005091
5638 LopezBanning1991221,0080$290$292,0006791
1024 HoganBanning1990229212,178$277$255,0008289
Total: 5 · Average2.02.0926.61,903.25$313.4$289,98059.8
Median921$292,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
573 La Costa DrBanning198709/30/2026229854,356$245,000$208,500$2120.855697
5509 RodriguezBanning199608/14/2026229980$299,900$275,000$2760.923692
5616 TrevinoBanning199110/07/2026221,0081,975$279,999$274,000$2720.983492
475 La Costa DriveBanning198810/05/2026228504,792$266,000$266,000$3131.0012792
5340 Palmer DriveBanning198706/03/202622985871$257,600$240,000$2440.9315292
Total: 5 · Average2.02.0965.22,998.5$252,700$252,700$263.4—81
Median985$266,000$266,000

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.