48291 Panorama, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath
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Indio, California 92201
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $619,000—positioned well below the $593,411 Fair Market Value by -4%. While the property requires cosmetic updates to improve its Fair Condition Rating, it offers significant utility through a High-Efficiency HVAC System, EV Charging, and Gated RV Parking. Despite lower-rated local schools, the home’s infrastructure and mountain views provide a solid foundation for value-add projects. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, energy-efficient home with room for personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48291 Panorama Subject | $619,000* List Price | 4 | 3 | 2,482 | $239 | - |
A 80722 Diamondback Trail Sold | $550,000 | 5 | 2 | 2,502 | $220 | 0.3 mi |
B 80136 Bridgeport Drive Sold | $690,000 | 3 | 3 | 2,346 | $294 | 0.9 mi |
C 47748 Calle Hermosa Sold | $525,000 | 4 | 3 | 2,061 | $255 | 0.4 mi |
D 81060 Paloma Circle Sold | $531,000 | 4 | 3 | 2,085 | $255 | 0.1 mi |
E 48180 Chandler Court Sold | $537,000 | 5 | 2 | 1,873 | $287 | 0.1 mi |
F 81349 Avenida Esmeralda Sold | $625,000 | 4 | 3 | 2,476 | $252 | 0.6 mi |
G 80803 Hayleigh Court Sold | $490,000 | 3 | 2 | 1,976 | $248 | 0.2 mi |
H 81129 La Reina Circle Active | $669,000 List Price | 4 | 3 | 2,482 | $270 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property falls into the 'Fair' category as it is over 20 years old with mostly original finishes. While the HVAC and water heater have been upgraded, the kitchen and bathrooms remain dated with early-2000s styling. The interior shows signs of age in the carpeting and window treatments, suggesting a need for cosmetic updates to meet modern standards.
The home is equipped with a high-efficiency two-zone Heat Pump HVAC system, a Navien tankless hot water system, and a dedicated EV charging outlet, providing significant utility savings and modern convenience.
The property offers rare utility features including gated RV parking, a 3-car garage with built-in cabinetry and a workbench, and a 10x10 outdoor shed with paved access.
Located in the gated Las Brisas I community, the property boasts spectacular mountain views and a well-designed floor plan featuring a private primary retreat and a versatile office/den space.
With 83 days on the market and a recent price reduction, the property is experiencing slower-than-average absorption, which may impact its perceived value to new buyers.
The assigned elementary, middle, and high schools all carry a rating of 3/10, which may be a deterrent for families prioritizing high-performing educational environments.
Price Improved: 4-bedroom 3-bath home located in very desirable Las Brisas I, a gated family community. The mountain views & spectacular. Inside, the great room has a fireplace. The home has an upgraded two-zone Heat Pump HVAC System that keeps it energy efficient. The primary suite is a private retreat with double door entry & direct access to the rear leisure area. It features an expansive bedroom, a spa-like bathroom, & huge walk-in closet. The 2nd bedroom has a window to the rear leisure area, with direct door to the hall-bathroom, making it ideal for guests. The 3rd bedroom is versatile as an office/den, has a built-in desk. The kitchen has granite counters, with a large island, perfect for home chefs & entertainers alike. Laundry Room is access to the 3-car garage with built-in storage cabinets, attic storage access, a workbench, an EV charging outlet, & a Navien tankless hot water system,10X10 shed, gated RV Parking. This home is eligible for $5,000 Grant from JP Morgan - Chase.
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 2.5 mi
Grades 9-12 • 4.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,482 | 1,953.5 |
| Lot Size | 7,841 | 6,970 |
| Price | $619.0K | $544.5K |
| Price per sq ft | $249 | $281 |
| Built year | 2002 | 2005 |
| HOA | $180.0 | $280 |
| Days on market | 96 | 80 |
May 29, 2026
$619,000
$629,000
-2% Price Drop
Initial Listing
Apr 17, 2026
$629,000
Initial Listing
Feb 26, 2010
$230,000
Public Record