40856 Varese Street, Indio, California 92203, Indio, 92203 - 4 bed, 4 bath
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Indio, California 92203
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $638,000—positioned well below the $666,609 Fair Market Value by 4%. This valuation gap provides $28,609 in Instant Equity. Built in 2021, the home maintains a Mint Condition Rating featuring a gourmet kitchen, a rare 3-car garage, and unobstructed Chocolate Mountain views from the covered patio. Located in the gated Paradiso community near Shadow Hills High, it offers a seamless desert lifestyle. This is an ideal acquisition for Growing Families or Owner-Occupants seeking a polished, move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40856 Varese Street Subject | $638,000* List Price | 4 | 4 | 2,820 | $236 | - |
A 40804 Varese Street Sold | $665,000 | 4 | 4 | 2,820 | $236 | 0.0 mi |
B 40340 Vivaldi Court Sold | $635,000 | 4 | 3 | 2,686 | $236 | 0.3 mi |
C 82283 Sardinia Road Sold | $620,000 | 4 | 3 | 2,439 | $254 | 0.3 mi |
D 82572 Tremetina Court Sold | $569,000 | 4 | 3 | 2,852 | $200 | 0.5 mi |
E 40161 Padova Drive Sold | $600,000 | 4 | 2 | 2,099 | $286 | 0.4 mi |
F 82169 Verdi Road Sold | $615,000 | 4 | 2 | 2,099 | $293 | 0.1 mi |
G 82120 Verdi Road Active | $609,999 List Price | 4 | 3 | 2,686 | $227 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this property is only 3 years old and in mint condition. The kitchen and bathrooms feature modern white cabinetry and stone countertops, and all major systems (HVAC/Electric) are nearly new, requiring no maintenance or updates.
Built in 2021 by Lennar, this home offers modern energy efficiencies and contemporary finishes in pristine, move-in-ready condition without the wait times of new construction.
The property features a rare three-car garage with two separate bays, providing significant space for multiple vehicles, a workshop, or additional storage needs.
Situated on a spacious lot within a gated community, the home includes a covered patio with views of the Chocolate Mountains, perfect for year-round outdoor living.
The assigned public schools for this address carry modest ratings ranging from 4 to 5 out of 10, which may be a drawback for families prioritizing high-performing educational districts.
There is a discrepancy between the marketing description of 'just under 10,000 sq.ft.' and the recorded lot size of 8,298 sq.ft., which may require clarification during the due diligence period.
Built by Lennar, this beautifully maintained, nearly new home offers the perfect blend of modern design and move-in-ready convenience. Featuring 4 spacious bedrooms, 3 1/2 baths, the home is in pristine condition - feels just like new without the wait of new construction.Situated on a generously sized lot, just under 10,000 sq.ft., the property offers a fully enclosed backyard with plenty of space to relax, entertain, or create your own private retreat. Enjoy outdoor living year-round under the covered patio, perfectly positioned to take in views of the Chocolate Mountains.Additional highlights include a rare 3-car garage with two separate bays, providing ample room for vehicles, storage, or hobbies. Located within a gated community, this home offers both privacy and peace of mind.A rare opportunity to own a large lot with views- ready for immediate enjoyment.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 2.6 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 68% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 2,820 | 2,147 | 84% |
| Lot Size | 8,298 | 7,841 | 64% |
| Price | $638.0K | $550.0K | 74% |
| Price per sq ft | $226 | $272 | 16% |
| Built year | 2021 | 2006 | 90% |
| HOA | $205.0 | $300 | 30% |
| Days on market | 59 | 165 | 3% |
Apr 18, 2026
$638,000
Initial Listing
May 10, 2023
$584,000
Public Record
Dec 15, 2022
$870,500
Public Record
Jun 15, 2022
$1,741,000
Public Record