42940 Ascona Lane, Indio, California 92203, Indio, 92203 - 2 bed, 2 bath

42940 Ascona Lane, Indio, California 92203 home-pic-0
ACTIVE$664,000$2,026/sqft
Est. Value: $636,144
-4%
AboveEstimate
42940 Ascona Lane, Indio, California 92203
2Beds
2Baths
2,026Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($636,143.66) is $27,856.34 (4%) lower than the list price ($664,000). 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 = 13068, living area = 2026.
Top Cons:
Age-Restricted Community: The property is located within a 55+ community, which significantly limits the potential buyer pool to a specific demographic.

Compared to the nearby listings

Price:$664.0K vs avg $565.0K (+$99,000)73%
Size:2,026 sqft vs avg 2,147 sqft43%
Price/sqft:$328 vs avg $27683%

More Insights

Built in 2021 (5 years old).
Condition: This property, built in 2021/2023, is virtually brand new and impeccably maintained. The kitchen features modern dark wood cabinetry, quartz countertops, stainless steel dual ovens and appliances, and a stylish tile backsplash. Bathrooms are spa-inspired with modern finishes, quartz countertops, and pristine tile work. Throughout the home, you'll find new porcelain tile flooring, upgraded carpeting in bedrooms, modern light fixtures, ceiling fans, and plantation shutters. The property also boasts a fully owned solar system and an EV charger, indicating current quality standards and no deferred maintenance.
Year Built
2021
Close
-
List price
$664K
Original List price
$664K
Price/Sqft
$328
HOA
$300
Days on market
-
Sold On
-
MLS number
219141283DA
Home ConditionExcellent
Features
Excellent View: Desert, Golf Course, Mountain(s), Panoramic
Patio
ViewDesert,Golf Course,Mountain(s),Panoramic

About this home

Welcome to this impeccably maintained 2023-built home offering 2,026 square feet of bright, open living in one of the Coachella Valley's most desirable 55+ communities. Perfectly positioned on an oversized 13,068 sq ft premium lot - one of the most unique the community has to offer - this residence showcases sweeping golf course views and breathtaking 360-degree mountain vistas.The thoughtfully designed floor plan features 2 bedrooms, 2 bathrooms, and a generous den/office--ideal for a home workspace or hobby room. Soaring 9-foot ceilings and an open-concept layout create an inviting atmosphere, enhanced by porcelain tile flooring and natural light throughout.The chef's kitchen impresses with quartz countertops, a large center island, dual ovens, stainless steel appliances, and a walk-in pantry. The primary suite offers a custom-designed walk-in closet and a spa-inspired bathroom with modern finishes. Upgraded carpeting in bedrooms, 4-inch plantation shutters, and ceiling fans complete the refined interior.Step outside to professionally landscaped grounds featuring artificial turf, mature fruit trees, and drought-friendly desert plantings. There's no shortage of parking with the expansive driveway and oversized three-bay garage that includes space for a golf cart & an EV charger.Exceptional energy efficiency comes standard with a FULLY OWNED solar system. Even better, the home is located within the Imperial Irrigation District (IID), offering significantly lower utility rates than neighboring areas. Four Seasons Terra Lago boasts an impressive 22,000 sq ft clubhouse featuring a state-of-the-art fitness center, full-service salon, yoga/aerobics studios, library, billiard room, ballroom, bistro, & both indoor & outdoor pools. Stay active with golf, tennis, pickleball, & countless organized activities that foster connection & community.Beyond the gates, the best of the Coachella Valley awaits. Easy I-10 freeway access puts you minutes from world-class dining, shopping, and entertainment. Catch a concert or sporting event at Acrisure Arena, try your luck at nearby casinos, or explore miles of scenic hiking trails in the surrounding desert mountains. The vibrant communities of La Quinta, Palm Desert, & Palm Springs are all a short drive away--offering championship golf courses, boutique shopping on El Paseo, the Palm Springs Aerial Tramway, and the valley's renowned restaurant scene.Turn-key and move-in ready--no new construction wait required.

J
James Suer
Listing Agent

Price History

Date
Event
Price
07/28/23
Sold
$549,000
Condition Rating
Excellent

This property, built in 2021/2023, is virtually brand new and impeccably maintained. The kitchen features modern dark wood cabinetry, quartz countertops, stainless steel dual ovens and appliances, and a stylish tile backsplash. Bathrooms are spa-inspired with modern finishes, quartz countertops, and pristine tile work. Throughout the home, you'll find new porcelain tile flooring, upgraded carpeting in bedrooms, modern light fixtures, ceiling fans, and plantation shutters. The property also boasts a fully owned solar system and an EV charger, indicating current quality standards and no deferred maintenance.
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 = 13068, living area = 2026.
New Construction & Turn-Key: An impeccably maintained, 2023-built home offering a turn-key solution with no new construction wait, ensuring modern standards and minimal immediate maintenance.
Premium Lot & Panoramic Views: Positioned on an oversized 13,068 sq ft premium lot, one of the community's most unique, featuring sweeping golf course views and breathtaking 360-degree mountain vistas.
Exceptional Energy Efficiency: Equipped with a fully owned solar system and located within the Imperial Irrigation District (IID), providing significantly lower utility rates and substantial cost savings.
Luxury 55+ Community Amenities: Part of a desirable 55+ community with an impressive 22,000 sq ft clubhouse offering a state-of-the-art fitness center, pools, golf, tennis, pickleball, and extensive social activities.
High-End Interior & Exterior Features: Boasts a chef's kitchen with quartz countertops and dual ovens, a spa-inspired primary bath, plantation shutters, professional landscaping, and an oversized three-bay garage with an EV charger.

Cons

Age-Restricted Community: The property is located within a 55+ community, which significantly limits the potential buyer pool to a specific demographic.
Monthly Association Fees: A recurring monthly association fee of $300 adds to the overall cost of homeownership, which may be a consideration for some buyers.
Limited Bedroom Count: With 2 bedrooms plus a den, the property offers a relatively limited number of dedicated sleeping spaces for its square footage and lot size, potentially impacting flexibility for guests or larger households.
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