40904 Paganini Drive, Indio, California 92203, Indio, 92203 - 5 bed, 4 bath
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Indio, California 92203
This Luxury Desert Residence with Detached Casita is a Prime Investment Opportunity, listed at $749,000—positioned well below the $765,904 Fair Market Value by 2%. This valuation gap provides $16,904 in Instant Equity. Boasting a Good Condition Rating, the home features slab granite surfaces, a chef's kitchen, and a resort-style pool with unobstructed mountain views. Located in the gated Paradiso community near Shadow Hills High School, it offers a versatile layout for modern living. This is an ideal acquisition for Multigenerational Families or Owner-Occupants seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40904 Paganini Drive Subject | $749,000* List Price | 5 | 4 | 3,257 | $235 | - |
A 82572 Tremetina Court Sold | $569,000 | 4 | 3 | 2,852 | $200 | 0.2 mi |
B 41097 Rawling Court Sold | $535,000 | 4 | 3 | 2,451 | $218 | 0.2 mi |
C 41054 Rawling Court Sold | $590,000 | 4 | 3 | 2,625 | $225 | 0.2 mi |
D 82622 Tivoli Court Sold | $660,000 | 5 | 3 | 2,626 | $251 | 0.3 mi |
E 82600 Lordsburg Drive Active | $725,000 List Price | 5 | 4 | 3,517 | $206 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 2006-built home is in move-in ready condition and has been well-maintained with several modern updates. The kitchen features a contemporary two-tone cabinet design with slab granite and stainless steel appliances. Interior upgrades include high-quality herringbone-patterned tile flooring in some rooms and updated bathroom vanities. While the property is 18 years old, the quality of the finishes and the lack of deferred maintenance align with the 'good' criteria.
The property features a detached casita and a spacious home office, providing exceptional flexibility for multigenerational living, a private guest retreat, or a professional remote workspace.
The resort-style backyard includes a pebble-tec pool, spa, and built-in BBQ island, all set against unobstructed mountain views with no homes directly behind for enhanced privacy.
The interior boasts high-end finishes such as coffered ceilings, slab granite surfaces, and a primary suite featuring a private sitting area and a spa-inspired bathroom with an oversized walk-in closet.
The property comes with a leased solar system at $290 per month, which is a significant recurring fixed cost that the buyer must assume as part of the purchase.
The assigned public schools for this address currently hold average ratings (4-5 out of 10), which may be a consideration for families prioritizing top-tier educational districts.
**Exceptional opportunity behind the gates of an intimate luxury home community! This beautifully appointed residence offers 3,257 square feet of refined desert living, built in 2006, with five bedrooms including a large office, no homes behind, and breathtaking north and west mountain views. A private gated courtyard with outdoor fireplace creates a warm welcome for guests and highlights the detached casita--perfect for extended stays, multigenerational living, or a private retreat. The expansive open floor plan features a formal dining room with dramatic see-through fireplace to the great room and chef's kitchen, all overlooking the resort-style pool yard and covered entertainer's patio. Notable features include a spacious home office (listed as a 5th bedroom in MLS), two additional guest bedrooms with private ensuite sink areas sharing a convenient Jack-and-Jill style bathroom, coffered ceilings, custom window treatments, slab granite surfaces, and built-in stainless steel appliances. The luxurious primary suite offers a private sitting area or den with direct pool access, spa-inspired bath, and oversized walk-in closet with island. Outdoors, enjoy a pebble-tec pool and spa, tanning shelf, built-in BBQ island, and stunning mountain views. Leased Solar system 290.00 per month. Low HOA of 205.00 includes security gated, walking paths and playground.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 4.0 | 2.0 | 85% |
| Square foot | 3,257 | 2,112 | 90% |
| Lot Size | 8,276 | 7,841 | 57% |
| Price | $749.0K | $547.5K | 83% |
| Price per sq ft | $230 | $277 | 16% |
| Built year | 2006 | 2006 | 50% |
| HOA | $205.0 | $300 | 31% |
| Days on market | 10 | 181 | 0% |
Apr 13, 2026
$749,000
Initial Listing
Jun 10, 2021
$565,000
Public Record
Sep 9, 2010
$346,000
Public Record
Dec 5, 2006
$499,000
Public Record