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48572 Sojourn Street, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath

48572 Sojourn Street, Indio, California 92201 home-pic-0
ACTIVE$1,680,000
48572 Sojourn Street, Indio, California 92201
5Beds
3Baths
2,888Sqft
13,939Lot
Year Built
2004
Close
-
List price
$1.68M
Original List price
$1.68M
Price/Sqft
$582
HOA
$200
Days on market
-
Sold On
-
MLS number
25542661PS
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 16% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.68M(96th), sqft - 2888(93th), beds - 5(85th), baths - 3(50th).

A rare opportunity to buy in a community that allows short-term rentals just came up for you. This is an eclectic property with adobe style design and modern interiors, this home is a desert oasis. Upon entry, guests will find spacious, airy rooms and beautiful wood and tile finishes. A fully equipped kitchen is ready for your next culinary adventure. With 5 bedrooms, two of which are master suites, guests will have plenty of space to get comfortable. The stunning outdoor space is one of the home's many highlights, with a full pool and spa, a grill, and plenty of outdoor seating, this home is the perfect place to host a family get together, family cookout, and everything in between. Nearby Attractions: Empire Polo Club (Coachella Valley Festival location), Rancho La Quinta Golf Club, Old Town La Quinta, PGA West Golf Course, Joshua Tree National Park, Coachella Valley History Museum, Fantasy Springs Resort Casino, Miles Avenue Park. Located 100 miles east of Los Angeles, Coachella Valley is an oasis in the desert of Southern California. Surrounded by picturesque mountains, an abundance of golf courses, shopping, dining, and year-round sunshine, it's the perfect retreat for visitors looking to enjoy the outdoors and the arts. Please note that although the house is lovely as is, Seller has priced the house below market allow new owner room to improve on it . Price per square foot is priced below average.

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.7mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.5mi
3/10
Coachella Valley High School
Public,•9-12•4.8mi
Condition Rating
Fair
The property, built in 2004, is 20 years old. While well-maintained with functional systems and a stunning outdoor space, the interior finishes, particularly in the kitchen and bathrooms, show signs of being outdated. The kitchen features traditional wood cabinetry, granite countertops, and a tiled backsplash with a decorative accent that is characteristic of its build era. The bathrooms also have dated tile patterns and fixtures. The listing description explicitly states that the seller has priced the house below market to allow the new owner room to improve on it, which aligns with the 'Fair' category's criteria of requiring minor updates or repairs due to outdated components.
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 = 13939, living area = 2888.
Short-Term Rental (STR) Approved Community: The property is located in a community that explicitly allows short-term rentals, presenting a significant investment opportunity for income generation.
Resort-Style Outdoor Amenities: The stunning outdoor space features a full pool, spa, grill, and ample outdoor seating, ideal for entertaining and enhancing guest experience.
Spacious Layout & Ample Bedrooms: With 5 bedrooms, including two master suites, the home offers generous space and comfort, accommodating large groups effectively.
Prime Location for Entertainment & Recreation: The property boasts proximity to major attractions like Empire Polo Club (Coachella/Stagecoach), renowned golf courses, and Joshua Tree National Park, appealing to a wide range of visitors.
Mountain Views: The property offers picturesque mountain views, adding to its aesthetic appeal and desirability.

Cons

Potential for Required Improvements/Updates: The seller has priced the house below market to allow the new owner room to improve on it, indicating that further investment may be needed to maximize its value and appeal.
High List Price Relative to Estimated Value: The current listing price is 16% higher than the property's estimated value, which could make it less competitive in the market or require price adjustments.
Ongoing HOA Fees: The property is subject to a monthly association fee of $200.0, representing an additional recurring cost for the owner.

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