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45350 Palmwood Drive, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

45350 Palmwood Drive, Indio, California 92201 home-pic-0
ACTIVE$825,000$1,913/sqft
Est. Value: $751,211
-8%
AboveEstimate
45350 Palmwood Drive, Indio, California 92201
4Beds
3Baths
1,913Sqft
9,148Lot

Price Vs. Estimate

The estimated value ($751,210.655) is $73,789.345 (8%) lower than the list price ($825,000). 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 = 9148, living area = 1913.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1913, other record living area = 1718. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$825.0K vs avg $550.0K (+$275,000)87%
Size:1,913 sqft vs avg 1,917 sqft49%
Price/sqft:$431 vs avg $30292%

More Insights

Built in 2000 (26 years old).
Condition: This property, built in 2000, has undergone extensive and high-quality renovations that make it feel virtually new. The 'executive chef-designed kitchen' features modern stainless steel appliances, granite countertops, and stylish lighting, appearing in excellent condition. Every bathroom has been 'tastefully renovated with elegant finishes,' as evidenced by the contemporary fixtures, glass showers, and updated vanities. High-end tumbled Travertine flooring is present throughout. The outdoor living space is a resort-style oasis with a custom pool, spa, BBQ island, and Alumawood patio, all indicating significant recent investment. While the original build year is 24 years ago, the comprehensive upgrades and modern aesthetic align with the 'extensively renovated within 5 years' criteria for an 'Excellent' rating. The only potential concern, an AI-generated 'absence of central cooling system,' is highly improbable for a home of this caliber and location, and is likely an oversight in the listing's explicit details rather than an actual deficiency.
Year Built
2000
Close
-
List price
$825K
Original List price
$825K
Price/Sqft
$431
HOA
-
Days on market
-
Sold On
-
MLS number
219140884DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Nestled within the desirable Del Rey Palms community of Indio, and offering the added privacy of no rear neighbors, this beautifully upgraded residence offers a rare combination of refined interior design, resort-style outdoor living, and exceptional functionality. Thoughtfully enhanced throughout, the home immediately impresses with its expansive Custom Pool, complete with a BBQ Island, Fire Pit, and a low-maintenance Alumawood Patio Cover featuring ample evening Lighting--creating the perfect setting for outdoor entertaining year-round. Lush, always-green high-quality Artificial Turf complements the space, while 2 oversized side yards provide secure, Gated Storage for RVs, trailers, or ATVs, a truly uncommon and valuable feature.Inside, the executive chef-designed kitchen serves as the heart of the home, showcasing Stainless Steel Appliances, a Counter-Flush Refrigerator, a 6-burner Gas Cooktop with an island range Hood, dual glass-door Beverage Center Coolers, and an expansive center island paired with a separate peninsula bar--ideal for hosting gatherings both large and small. Separate family and living rooms offer flexibility, allowing for distinct zones of relaxation, entertaining, and everyday living.All 4 generously sized bedrooms feature upgraded design details, while every bathroom has been tastefully renovated with elegant finishes. The primary suite features a spacious Walk-in Closet and a tranquil, retreat-style ambiance, enhanced by French doors that open directly to the backyard, just steps from the inviting Heated, jetted Spa. Throughout the home, custom designer touches abound, including tumbled Travertine Flooring laid in a Versailles pattern, additional Storage Closets, Built-in Cabinetry, Custom Closets & Desks in multiple bedrooms, Surround Sound Speakers in select areas, a Smart Remote-access Garage Door system, and Mounted Security features. An expansive, Extra-Large Driveway accommodating up to four vehicles complements the generous 2.5-car garage, offering ideal space for a golf cart, recreational bikes, or neatly organized additional storage.Ideally located near the border of La Quinta & Indio, this one-of-a-kind property offers convenient access to surrounding cities and is just minutes from the Coachella & Stagecoach festival grounds--without the burden of heavy event traffic. With No HOA, short-term rental capability, this exceptional home presents a unique opportunity for both personal enjoyment and investment potential.

P
Patricia Eppelheimer
Listing Agent

Nearby schools

3/10
James Madison Elementary School
Public,•K-5•0.4mi
3/10
John F. Kennedy Elementary School
Public,•K-5•0.5mi
5/10
Lyndon B. Johnson Elementary School
Public,•K-5•0.6mi
3/10
Indio Middle School
Public,•6-8•0.2mi
4/10
Indio High School
Public,•9-12•0.8mi

Price History

Date
Event
Price
06/30/00
Sold
$151,000
09/15/22
Sold
$648,000
12/22/09
Sold
$193,000
Condition Rating
Excellent
This property, built in 2000, has undergone extensive and high-quality renovations that make it feel virtually new. The 'executive chef-designed kitchen' features modern stainless steel appliances, granite countertops, and stylish lighting, appearing in excellent condition. Every bathroom has been 'tastefully renovated with elegant finishes,' as evidenced by the contemporary fixtures, glass showers, and updated vanities. High-end tumbled Travertine flooring is present throughout. The outdoor living space is a resort-style oasis with a custom pool, spa, BBQ island, and Alumawood patio, all indicating significant recent investment. While the original build year is 24 years ago, the comprehensive upgrades and modern aesthetic align with the 'extensively renovated within 5 years' criteria for an 'Excellent' rating. The only potential concern, an AI-generated 'absence of central cooling system,' is highly improbable for a home of this caliber and location, and is likely an oversight in the listing's explicit details rather than an actual deficiency.
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 = 9148, living area = 1913.
Resort-Style Outdoor Oasis: Features an expansive custom pool, BBQ island, fire pit, Alumawood patio cover with lighting, artificial turf, and a heated jetted spa, perfect for year-round entertaining.
Gated RV/Trailer/ATV Storage: Two oversized side yards offer secure, gated storage for recreational vehicles, a rare and highly valuable amenity for outdoor enthusiasts.
Executive Chef-Designed Kitchen: Boasts high-end stainless steel appliances, a 6-burner gas cooktop, dual beverage centers, and an expansive island, ideal for culinary enthusiasts and entertaining.
No HOA & Short-Term Rental Potential: Offers significant financial flexibility and investment opportunity due to the absence of HOA fees and its proven short-term rental capability, especially given its proximity to major festival grounds.
Extensive Interior Upgrades & Custom Finishes: Showcases tumbled Travertine flooring, renovated bathrooms, custom closets/desks, built-in cabinetry, and smart home features, providing a refined and move-in ready living experience.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1913, other record living area = 1718. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Absence of Central Cooling System: The property description does not mention a central air conditioning system, which is a critical feature for comfort in Indio's extreme summer heat and could be a significant drawback for potential buyers.
Potential for Aging Core Systems: While extensively upgraded, the 2000 build year suggests that some core infrastructure (e.g., original HVAC, plumbing, or electrical components not explicitly replaced) may be nearing the end of its typical lifespan, potentially requiring future investment.
Limited Interior Square Footage for Price Point: At 1913 sqft, the interior living space might be considered modest by some buyers for a 4-bedroom home at this price point, especially when compared to larger properties or newer constructions in the area.
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