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42410 Canneto Way, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath

42410 Canneto Way, Indio, California 92203 home-pic-0
ACTIVE$649,900$2,553/sqft
Est. Value: $643,366
-1%
FairlyEstimate
42410 Canneto Way, Indio, California 92203
4Beds
3Baths
2,553Sqft
5,423Lot

Price Vs. Estimate

The estimated value ($643,365.625) is $6,534.375 (1%) lower than the list price ($649,900). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Amenities: Built in 2022, this home boasts extensive modern upgrades including a designer kitchen with Shaker cabinets, stainless steel appliances, granite countertops, upgraded flooring, a tankless water heater, and high-end motorized solar shades.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5423, other record lot size in square feet = 29620.

Compared to the nearby listings

Price:$649.9K vs avg $565.0K (+$84,900)72%
Size:2,553 sqft vs avg 2,147 sqft77%
Price/sqft:$255 vs avg $27530%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it a virtually new construction. The kitchen features designer shaker cabinets, stainless steel appliances, and granite countertops, all in pristine, modern condition. Bathrooms are spa-style with dual vanities, a freestanding tub, and contemporary fixtures. Flooring is upgraded throughout, and all systems, including solar panels and a tankless water heater, are new and efficient. There is no deferred maintenance, and all components meet current quality standards.
Year Built
2022
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$255
HOA
$113.75
Days on market
-
Sold On
-
MLS number
219141142DA
Home ConditionExcellent
Features
Good View: Hills
Patio
ViewHills

About this home

This newer-build home situated in a gated community in North Indio in the community of Aguila at Terra Lago which is next to the original development. This development is one of the few that allows short term rentals. It has many thoughtful upgrades including french doors for the current office that can be a bedroom that has a closet. Invested over $7000 of window treatments with motorized solar shades for tall windows never needing to recharge. Kitchen has designer finishes such as Shaker cabinets, stainless steel appliances and granite counter tops. Upgraded flooring. fully paid solar panels that have bird proofing, tankless water heater. A professional completed backyard has patio cover, concrete hardscaping, lush grass, fruit trees and all has proper drainage. Upstairs has a spacious loft providing flexible living space ideal for media room, playroom or secondary lounge. The luxurious primary suite with dual walk-in closets, spa style bath, dual vanities and has an amazing view from master bathroom window of Indio Hills. Come look and you'll immediately fall in love with this amazing property.

G
Gonzalo Herrera
Listing Agent
Condition Rating
Excellent
This property was built in 2022, making it a virtually new construction. The kitchen features designer shaker cabinets, stainless steel appliances, and granite countertops, all in pristine, modern condition. Bathrooms are spa-style with dual vanities, a freestanding tub, and contemporary fixtures. Flooring is upgraded throughout, and all systems, including solar panels and a tankless water heater, are new and efficient. There is no deferred maintenance, and all components meet current quality standards.
Pros & Cons

Pros

New Construction & Modern Amenities: Built in 2022, this home boasts extensive modern upgrades including a designer kitchen with Shaker cabinets, stainless steel appliances, granite countertops, upgraded flooring, a tankless water heater, and high-end motorized solar shades.
Short-Term Rental Eligibility: Located in a community that explicitly allows short-term rentals, offering significant income-generating potential for investors or homeowners seeking flexibility.
Energy Efficiency & Cost Savings: Equipped with fully paid solar panels (including bird proofing) and a tankless water heater, significantly reducing utility costs and enhancing environmental sustainability.
Professionally Designed Outdoor Living: The backyard is professionally completed with a patio cover, concrete hardscaping, lush grass, fruit trees, and proper drainage, providing a turnkey and appealing outdoor space.
Flexible & Luxurious Interior Spaces: Features a spacious upstairs loft ideal for various uses (media room, playroom) and a luxurious primary suite with dual walk-in closets, a spa-style bath, dual vanities, and an amazing view of the Indio Hills.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5423, other record lot size in square feet = 29620.
Ongoing Association Fees: The property is subject to a monthly association fee of $113.75, which adds to the recurring cost of homeownership.
Absence of Private Pool/Spa: Despite a professionally landscaped backyard, the property does not include a private pool or spa, which may be a desired amenity for buyers in the desert climate of Indio.
Limited Lot Size: With a lot size of 5423 sqft, the outdoor space may be considered modest for some buyers desiring a larger yard or more extensive recreational areas.
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