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

43784 Riunione Place, Indio, California 92203 home-pic-0
ACTIVE$699,000$2,200/sqft
Est. Value: $623,350
-10%
AboveEstimate
43784 Riunione Place, Indio, California 92203
5Beds
2Baths
2,200Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($623,350.285) is $75,649.715 (10%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Short-Term Rental (STR) Approved & Furnished: The property is explicitly 'STR Ready' and 'offered Furnished,' presenting an excellent income-generating opportunity or a turnkey vacation retreat.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

Compared to the nearby listings

Price:$699.0K vs avg $565.0K (+$134,000)79%
Size:2,200 sqft vs avg 2,147 sqft54%
Price/sqft:$318 vs avg $27680%

More Insights

Built in 2005 (21 years old).
Condition: The property, built in 2005, is in very good, move-in ready condition with recent cosmetic upgrades including luxury laminate flooring and neutral paint. The kitchen features granite countertops and stainless steel appliances, which are functional and well-maintained, though the cabinet style reflects its original build era rather than a full modern renovation. Bathrooms also feature granite and matching wood cabinetry, with a soaking tub and separate shower in the primary bath, all appearing clean and well-kept. While not extensively renovated to current trends, the home shows minimal wear and tear and is ready for immediate occupancy.
Year Built
2005
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$318
HOA
$325
Days on market
-
Sold On
-
MLS number
219140714DA
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!

G
Gracie Nilson
Listing Agent

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

Price History

Date
Event
Price
11/08/22
Sold
$840,000
10/20/20
Sold
$307,000
09/27/06
Sold
$376,000
Condition Rating
Good

The property, built in 2005, is in very good, move-in ready condition with recent cosmetic upgrades including luxury laminate flooring and neutral paint. The kitchen features granite countertops and stainless steel appliances, which are functional and well-maintained, though the cabinet style reflects its original build era rather than a full modern renovation. Bathrooms also feature granite and matching wood cabinetry, with a soaking tub and separate shower in the primary bath, all appearing clean and well-kept. While not extensively renovated to current trends, the home shows minimal wear and tear and is ready for immediate occupancy.
Pros & Cons

Pros

Short-Term Rental (STR) Approved & Furnished: The property is explicitly 'STR Ready' and 'offered Furnished,' presenting an excellent income-generating opportunity or a turnkey vacation retreat.
Private Pool and Spa: A highly desirable private pool and spa enhance the property's appeal, especially in the Indio climate, offering entertainment and relaxation.
Modern & Upgraded Interior: Features luxury laminate flooring, neutral paint, updated decor, and a 'Cook's Kitchen' with granite countertops and an island, indicating a well-maintained and aesthetically pleasing home.
Spacious and Functional Layout: A single-level, 5-bedroom home with an open-concept Lennar floor plan, generously sized bedrooms, a king-sized primary suite with dual vanities, and a dedicated laundry room, catering to comfortable living.
Potential Value Proposition: Listed at $699,000, significantly below its November 2022 sale price of $840,000, suggesting a strong potential for immediate equity or a competitive price point in the current market.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Bathroom-to-Bedroom Ratio: With 5 bedrooms and only 2 bathrooms, the property has a low bathroom-to-bedroom ratio, which could lead to inconvenience for larger families or multiple guests.
Monthly Association Fee: A monthly association fee of $325 adds to the recurring costs of homeownership, which may be a consideration for budget-conscious buyers.
Distance to Secondary Schools: Middle and high schools are located over 5 miles away, which could be a drawback for families prioritizing closer proximity to schools for their children.
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