43784 Riunione Place, Indio, California 92203, Indio, 92203 - 5 bed, 2 bath

43784 Riunione Place, Indio, California 92203 home-pic-0
ACTIVE$739,000
43784 Riunione Place, Indio, California 92203
5Beds
2Baths
2,200Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($556,371.805) is $182,628.195 (24%) lower than the list price ($739,000). This property may be overpriced.

Key pros and cons

Top Pros:
Short-Term Rental (STR) Approved & Turnkey: The property is explicitly approved for short-term rentals and offered fully furnished, presenting an immediate income-generating opportunity for investors or vacation homeowners.
Top Cons:
Significant Overpricing: The current list price of $739,000 is substantially higher (24% above) the estimated market value of approximately $556,372, indicating potential overpricing that could deter buyers.

Compared to the nearby listings

Price:$739.0K vs avg $570.5K (+$168,500)81%
Size:2,200 sqft vs avg 2,160.5 sqft53%
Price/sqft:$336 vs avg $27484%

More Insights

Built in 2005 (20 years old).
Condition: This property, built in 2005, is in good condition and move-in ready. It features recent cosmetic upgrades including luxury laminate flooring, neutral paint, and decor. The kitchen boasts granite countertops and a stainless steel refrigerator, though the honey oak cabinets and black microwave/range reflect a slightly older style. The primary bathroom offers dual sinks, a soaking tub, and a separate shower. All major systems appear functional and well-maintained, consistent with a property of its age that has received updates but not a full, recent, high-end renovation.
Year Built
2005
Close
-
List price
$739K
Original List price
$780K
Price/Sqft
$336
HOA
$300
Days on market
-
Sold On
-
MLS number
219125945DA
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Terra Lago Single Level 5 bedroom, 2 bath Pool, Spa home! STR Ready offered Furnished! Upgraded with Luxury Laminate Flooring, Neutral Paint & Decor! Great Floor Plan by Lennar, Open Concept, awesome for Entertaining and Relaxation! Cook's Kitchen with Island, Granite Counter tops, Breakfast Bar, lots of Storage and Counter space! Fridge Included. Great Room with Fireplace, Ceiling Fan. Slider door off Great Room, Dining area to access Private Pool/Spa! All Bedrooms are generously sized! Primary Bedroom is King Sized, Primary Bath with Dual Sink Vanities, soaking Tub and Separate Shower. Large Walk in Closet. Laundry Room with deep soaking sink, Washer & Dryer included! 2 car attached garage. This home is STR approved, great opportunity to Enjoy as your Vacation Retreat and Earn some​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​‌​​‌‌​​‌‌​​‌‌​​​​ Income!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,K-51.3mi
4/10
Desert Ridge Academy
Public,6-85.5mi
5/10
Shadow Hills High School
Public,9-125.2mi
Condition Rating
Good

This property, built in 2005, is in good condition and move-in ready. It features recent cosmetic upgrades including luxury laminate flooring, neutral paint, and decor. The kitchen boasts granite countertops and a stainless steel refrigerator, though the honey oak cabinets and black microwave/range reflect a slightly older style. The primary bathroom offers dual sinks, a soaking tub, and a separate shower. All major systems appear functional and well-maintained, consistent with a property of its age that has received updates but not a full, recent, high-end renovation.
Pros & Cons

Pros

Short-Term Rental (STR) Approved & Turnkey: The property is explicitly approved for short-term rentals and offered fully furnished, presenting an immediate income-generating opportunity for investors or vacation homeowners.
Private Pool and Spa: Features a private pool and spa, a highly desirable amenity for both personal enjoyment and attracting vacation renters, especially in the warm Indio climate.
Modern Interior Upgrades: The home has been upgraded with luxury laminate flooring, neutral paint, and decor, providing a fresh and appealing aesthetic that is move-in or rental-ready.
Functional Open Concept Layout: Designed by Lennar with an open concept floor plan, ideal for entertaining and relaxation, complemented by a well-equipped kitchen with an island, granite countertops, and ample storage.
Terra Lago Community Amenities: Located within the desirable Terra Lago subdivision, which typically offers resort-style amenities such as a guard-gated entry, clubhouse, fitness center, pools, and golf practice areas, enhancing lifestyle and rental appeal.

Cons

Significant Overpricing: The current list price of $739,000 is substantially higher (24% above) the estimated market value of approximately $556,372, indicating potential overpricing that could deter buyers.
Limited Bathrooms for Bedroom Count: With 5 bedrooms and only 2 full bathrooms, the property may lack sufficient facilities for larger families or groups, potentially impacting comfort and rental desirability.
Property Age & Potential for Older Systems: Built in 2005, the property is nearly two decades old. While cosmetic upgrades are noted, major systems (e.g., HVAC, roof, water heater) may be original or nearing the end of their typical lifespan, potentially requiring future investment.

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