40632 Pine Grove, Indio, California 92203, Indio, 92203 - 5 bed, 3 bath
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Indio, California 92203
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $699,000—positioned well below the $700,451 Fair Market Value by 0.21%. This property offers $1,451 in Instant Equity. Featuring a Good Condition Rating, the home includes a versatile loft and a large 9,583 sqft lot with Patio and Pool potential. Located in the Desert Sands Unified district, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, well-maintained desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40632 Pine Grove Subject | $699,000* List Price | 5 | 3 | 2,955 | $237 | - |
A 41905 Trent Place Sold | $690,000 | 4 | 3 | 2,751 | $251 | 0.6 mi |
B 40904 Paganini Drive Sold | $735,000 | 5 | 4 | 3,257 | $226 | 0.2 mi |
C 41371 Doyle Street Sold | $610,000 | 4 | 3 | 2,491 | $245 | 0.4 mi |
D 82572 Tremetina Court Sold | $569,000 | 4 | 3 | 2,852 | $200 | 0.1 mi |
E 41222 Mackenzie Lane Sold | $592,500 | 4 | 3 | 3,015 | $197 | 0.6 mi |
F 41054 Rawling Court Sold | $590,000 | 4 | 3 | 2,625 | $225 | 0.2 mi |
G 82557 Lordsburg Drive Active | $759,000 List Price | 5 | 3 | 3,024 | $251 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2011 (15 years old), the property falls within the 10-20 year range for a 'Good' rating. It is well-maintained and move-in ready, featuring modern flooring, solar panels, and functional bathrooms that appear original to the build but in clean condition.
Boasting nearly 3,000 square feet with 5 bedrooms and a flexible loft space, this home provides the scale and functionality required for large families or high-occupancy rental guests.
Situated in a gated community near major Coachella Valley attractions and golf resorts, the property is ideally positioned for lucrative short-term or long-term rental income.
The expansive 9,583 square foot lot offers significant outdoor potential, providing ample room to install a private pool or create a custom desert oasis for entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property listing indicates no specific views, which may be a competitive disadvantage in a market where mountain or golf course vistas are highly sought after.
The assigned schools carry modest ratings of 4 and 5, which could be a deterrent for families prioritizing high-performing educational districts.
Welcome to your ideal desert retreat in one of Indio’s most desirable gated communities! This beautifully maintained 5-bedroom, 3-bathroom home offers the perfect blend of comfort, space, and resort-style living, iideal as a primary residence, vacation getaway, or investment opportunity for both short- and long-term rentals. Designed with functionality and entertaining in mind, the home features spacious living and dining areas filled with natural light, a fully equipped kitchen, and an inviting open-concept layout perfect for everyday living or hosting guests. A versatile loft area offers additional flex space and can easily function as a game room, office, lounge, or optional 5th bedroom. The expansive primary suite serves as a peaceful retreat with a private en-suite bathroom and relaxing soaking tub, while the additional bedrooms are generously sized for family, guests, or work-from-home needs. Step outside to enjoy true indoor-outdoor desert living with a spacious backyard offering endless potential for entertaining, lounging, or creating your own private oasis. Conveniently located near world-famous Coachella Valley attractions including golf courses, shopping, dining, hiking trails, SilverRock Resort, The Living Desert Zoo and Gardens, and Joshua Tree National Park, this exceptional property delivers the very best of the desert lifestyle with incredible flexibility and income potential.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 2.1 mi
Grades 6-8 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 93% |
| Baths | 3.0 | 2.0 | 51% |
| Square foot | 2,955 | 2,147 | 87% |
| Lot Size | 9,583 | 7,841 | 75% |
| Price | $699.0K | $550.0K | 81% |
| Price per sq ft | $237 | $272 | 22% |
| Built year | 2011 | 2006 | 67% |
| HOA | $224.0 | $300 | 43% |
| Days on market | 20 | 165 | 0% |
May 27, 2026
$699,000
Initial Listing
Jun 23, 2023
$625,000
Public Record
Nov 12, 2021
$540,000
Public Record
May 13, 2016
$365,000
Public Record
Dec 19, 2011
$224,500
Public Record