38825 Primrose Lane, Indio, California 92203, Indio, 92203 - 1 bed, 1 bath
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Indio, California 92203
Analysis of 38825 Primrose Lane, Indio, California 92203 is currently available with a list price of $1,500,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Indio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 2002, the 840 sqft casita is 24 years old, meeting the 'Fair' criteria (>20 years). While the structure appears functional and utilities are connected, it is likely dated and the listing's primary value is focused on the 5-acre land and future development potential rather than the existing dwelling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 217800, living area = 840.
The expansive 5-acre lot offers a rare blank canvas in Indio, providing ample space for a private ranch, luxury estate, or additional short-term rental units.
The property includes a permitted 1-bedroom casita with all utilities already connected, saving the buyer significant time and expense typically associated with developing raw land.
With a list price of $1.5 million for an 840-square-foot casita, the valuation is heavily weighted on the land, which may challenge buyers looking for immediate residential utility.
The current 1-bedroom, 1-bath configuration is very small for the price point, likely requiring substantial additional investment to accommodate families or larger groups.
Endless possibilities await on this expansive 5-acre parcel featuring a charming 1-bedroom, 1-bath single family residence with all utilities already connected and in place. Whether you're dreaming of creating a private ranch, building your desert retreat, expanding with additional improvements, or exploring short-term rental opportunities, this property offers the flexibility to bring your vision to life. Financing is available, making ownership even more attainable. Enjoy wide-open space, stunning desert surroundings, and the freedom to create something truly unique.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 840 | 1,953.5 |
| Lot Size | 217,800 | 6,970 |
| Price | $1.50M | $544.5K |
| Price per sq ft | $1.8K | $281 |
| Built year | 2002 | 2005 |
| HOA | $0 | $280 |
| Days on market | 28 | 80 |
Jun 24, 2026
$1,500,000
Initial Listing