42897 Cusino Court, Indio, California 92203, Indio, 92203 - 2 bed, 2 bath

42897 Cusino Court, Indio, California 92203 home-pic-0
ACTIVE$659,000
42897 Cusino Court, Indio, California 92203
2Beds
2Baths
2,127Sqft
12,632Lot

Price Vs. Estimate

The estimated value ($649,575.435) is $9,424.565 (1%) lower than the list price ($659,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2127.
Top Cons:
Age-Restricted Community: The 55+ community designation significantly limits the potential buyer demographic, which may impact market liquidity and future resale.

Compared to the nearby listings

Price:$659.0K vs avg $570.5K (+$88,500)70%
Size:2,127 sqft vs avg 2,147 sqft47%
Price/sqft:$310 vs avg $27477%

More Insights

Built in 2016 (9 years old).
Condition: Built in 2016, this property is only 8 years old and presents in virtually new condition. The kitchen features modern dark wood cabinetry, granite countertops, and stainless steel appliances. Bathrooms are well-appointed with double vanities, contemporary fixtures, and a walk-in shower. Flooring is a mix of clean tile and carpet. The overall aesthetic is modern and well-maintained, with no visible deferred maintenance or outdated features, making it move-in ready.
Year Built
2016
Close
-
List price
$659K
Original List price
$659K
Price/Sqft
$310
HOA
$250
Days on market
-
Sold On
-
MLS number
219140017DA
Home ConditionExcellent
Features
Good View: Desert, Mountain(s)
Pool
Spa
Patio
ViewDesert, Mountain(s)

About this home

Welcome to 42897 Cusino Ct, a stunning desert retreat tucked at the end of a quiet cul-de-sac on an oversized 12,000 sq. ft. lot in a desirable 55+ community. This spacious home offers two living rooms and a versatile flex space that can serve as a bedroom, office, or hobby room. The kitchen is designed with both style and function in mind, featuring granite countertops, a central island with bar seating, and an open flow to the dining and living areas--ideal for entertaining. The primary suite is a private retreat with a walk-in closet, double vanity, soaking tub, and walk-in shower. Outdoor living is unmatched with two covered patios, custom misting systems, turf landscaping, and a resort-style custom pool with overflow spa, all framed by sweeping north and west-facing views that capture the desert sky and sunsets. A convenient laundry room with utility sink completes the home, which is offered fully furnished and move-in ready for your next desert chapter.Additional information: Seller states that an assumable VA loan may be available with an approximate balance of $217,000 at a 2.75% interest rate. Buyers are advised to verify eligibility and terms directly with the lender.

Price History

Date
Event
Price
08/26/16
Sold
$319,500
Condition Rating
Excellent

Built in 2016, this property is only 8 years old and presents in virtually new condition. The kitchen features modern dark wood cabinetry, granite countertops, and stainless steel appliances. Bathrooms are well-appointed with double vanities, contemporary fixtures, and a walk-in shower. Flooring is a mix of clean tile and carpet. The overall aesthetic is modern and well-maintained, with no visible deferred maintenance or outdated features, making it move-in ready.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 2127.
Resort-Style Outdoor Amenities: Features a custom pool with overflow spa, two covered patios, misting systems, and turf landscaping, ideal for desert living and entertaining.
Attractive Assumable VA Loan: Offers a rare opportunity for eligible buyers to assume a VA loan at a highly favorable 2.75% interest rate, providing significant financial savings.
Fully Furnished & Turnkey: The property is offered fully furnished and move-in ready, providing immediate convenience and added value for the buyer.
Versatile Interior Layout: Includes two distinct living areas and a flexible space adaptable as a bedroom, office, or hobby room, enhancing functionality and appeal.
Premium Location & Views: Situated on an oversized cul-de-sac lot within a desirable community, boasting sweeping north and west-facing desert and sunset views.

Cons

Age-Restricted Community: The 55+ community designation significantly limits the potential buyer demographic, which may impact market liquidity and future resale.
VA Loan Eligibility Verification: The assumable VA loan requires buyers to verify their eligibility and terms directly with the lender, introducing a potential hurdle in the transaction process.
Monthly Association Fees: An ongoing $250.0 monthly association fee adds to the recurring cost of ownership, which should be factored into a buyer's budget.

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