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48539 Anastacia Court, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

48539 Anastacia Court, Indio, California 92201 home-pic-0
ACTIVE$829,000$1,909/sqft
Est. Value: $732,829
-11%
AboveEstimate
48539 Anastacia Court, Indio, California 92201
4Beds
3Baths
1,909Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($732,829.415) is $96,170.585 (11%) lower than the list price ($829,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Investment Potential: The property is explicitly marketed as an 'exceptional investment opportunity' for 'Appreciation, Depreciation and cash flow,' with high rental potential due to its proximity to major festivals.
Top Cons:
Aggressive Daily Price Reductions: The 'Price to be dropped $1000/day until sold!' strategy and recent price history of daily reductions may signal initial overpricing or difficulty in attracting buyers, potentially raising concerns about the property's true market value.

Compared to the nearby listings

Price:$829.0K vs avg $550.0K (+$279,000)87%
Size:1,909 sqft vs avg 1,917 sqft49%
Price/sqft:$434 vs avg $30293%

More Insights

Built in 2006 (20 years old).
Condition: The property, built in 2006, has been 'fully renovated' with 'modern finishes' and 'stylish designer touches throughout,' as explicitly stated in the description. The images confirm a sleek, contemporary kitchen with new stainless steel appliances and quartz countertops, and 'spa-inspired bathrooms' featuring modern tiling, vanities, and fixtures. All visible components, including flooring (wood-look tile), lighting, and overall aesthetics, appear new or virtually new, indicating an extensive renovation within the last 5 years, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2006
Close
-
List price
$829K
Original List price
$834K
Price/Sqft
$434
HOA
$295
Days on market
-
Sold On
-
MLS number
219141354DA
Home ConditionExcellent
Features
Good View: Mountain(s), Pool, Trees/Woods
Deck
Pool
Spa
Patio
ViewMountain(s), Pool, Trees/Woods

About this home

Price to be dropped $1000/day until sold! Seller is in a 1031 exchange and ready to sell! Perfect investment for Appreciation, Depreciation and cash flow. Offered turn-key furnished! Discover an exceptional investment opportunity in the hidden gem of Anastacia. Welcome home to your new desert paradise at Anastacia Ct! This luxury dream home is fully renovated and features an open floor plan, 4-bedroom, 2.5-bathrooms, modern finishes with stylish designer touches throughout. As one steps through the front door, one will discover light-filled living spaces, a sleek kitchen with quartz countertops and stainless steel appliances. The spa-inspired bathrooms feel like one is at a private resort. Every inch of this space has been renovated and the backyard is an entertainer's dream, with a mini pebble-tec pool and spa, comfortable outdoor furniture, and games. This home is Ideally located across the street from Coachella & Stagecoach festival's VIP parking lot area and can make an incredible rental. Call today to schedule your own private showing.

F
Ferretti Real Estate Group
Listing Agent

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.8mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.0mi
3/10
Coachella Valley High School
Public,•9-12•4.2mi

Price History

Date
Event
Price
09/15/21
Sold
$350,000
06/08/07
Sold
$353,500
Condition Rating
Excellent
The property, built in 2006, has been 'fully renovated' with 'modern finishes' and 'stylish designer touches throughout,' as explicitly stated in the description. The images confirm a sleek, contemporary kitchen with new stainless steel appliances and quartz countertops, and 'spa-inspired bathrooms' featuring modern tiling, vanities, and fixtures. All visible components, including flooring (wood-look tile), lighting, and overall aesthetics, appear new or virtually new, indicating an extensive renovation within the last 5 years, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Strong Investment Potential: The property is explicitly marketed as an 'exceptional investment opportunity' for 'Appreciation, Depreciation and cash flow,' with high rental potential due to its proximity to major festivals.
Turn-key & Fully Renovated: Offered 'turn-key furnished' and described as 'fully renovated' with 'modern finishes,' a 'sleek kitchen with quartz countertops and stainless steel appliances,' and 'spa-inspired bathrooms,' minimizing immediate buyer expenses.
Festival-Adjacent Location: Its ideal location 'across the street from Coachella & Stagecoach festival's VIP parking lot area' makes it highly attractive for short-term rentals and event-goers.
Entertainer's Backyard: The backyard is an 'entertainer's dream,' featuring a 'mini pebble-tec pool and spa, comfortable outdoor furniture, and games,' enhancing its appeal for leisure and rental income.
Motivated Seller: The seller is 'in a 1031 exchange and ready to sell,' indicating strong motivation and potential for a quicker transaction.

Cons

Aggressive Daily Price Reductions: The 'Price to be dropped $1000/day until sold!' strategy and recent price history of daily reductions may signal initial overpricing or difficulty in attracting buyers, potentially raising concerns about the property's true market value.
Significant Monthly Association Fees: A monthly association fee of $295.0 adds a notable recurring cost to ownership, which could impact affordability and overall investment returns for some buyers.
Lack of Specific HVAC Details: Despite extensive renovations, the description does not explicitly mention a new or upgraded cooling system, which is a critical feature for comfort and energy efficiency in Indio's hot desert climate.
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