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48701 Anastacia Court, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

48701 Anastacia Court, Indio, California 92201 home-pic-0
ACTIVE$839,000$1,909/sqft
Est. Value: $790,196
-5%
AboveEstimate
48701 Anastacia Court, Indio, California 92201
4Beds
3Baths
1,909Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($790,196.38) is $48,803.62 (5%) lower than the list price ($839,000). This property may be overpriced.

Key pros and cons

Top Pros:
High-Yielding Short-Term Rental Potential: Explicitly marketed as a 'fantastic opportunity for high-yielding short-term rental income for decades to come,' making it highly attractive to investors.
Top Cons:
Aggressive Daily Price Reduction Strategy: The 'Price to be dropped $1000/day until sold!' strategy, while indicating strong seller motivation due to a 1031 exchange, may suggest initial overpricing or create buyer apprehension regarding the property's true market value.

Compared to the nearby listings

Price:$839.0K vs avg $550.0K (+$289,000)89%
Size:1,909 sqft vs avg 1,917 sqft49%
Price/sqft:$439 vs avg $30294%

More Insights

Built in 2006 (20 years old).
Condition: This property, built in 2006, has been 'fully remodeled' with extensive recent upgrades, including a modern kitchen with white shaker cabinets, black granite countertops, and stainless steel appliances. The bathrooms feature contemporary vanities, new tiling, and glass-enclosed showers. Elegant laminate flooring is present throughout, and major systems like the pool equipment have been updated. The addition of a fully paid-off solar system with Tesla battery backup further enhances its modern appeal and efficiency, indicating that all components are virtually new and meet current quality standards.
Year Built
2006
Close
-
List price
$839K
Original List price
$844K
Price/Sqft
$439
HOA
$270
Days on market
-
Sold On
-
MLS number
219141355DA
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! Discover an exceptional investment opportunity in the hidden gem of Anastacia! This fully remodeled property is ideally located within walking distance of the Polo Ground, home of Coachella, and Stagecoach Festival--offering unparalleled convenience and proximity. This home features four beautifully appointed bedrooms and three bathrooms, providing ample space and comfort. A two-car garage adds practicality, while the fully paid-off solar system with a Tesla battery backup ensures energy efficiency and cost savings. Recent upgrades include Jandy pool equipment, as well as refreshed pebble and tile finishes in the pool and spa, creating a luxurious and inviting outdoor space. Inside, you'll find elegant laminate flooring that adds a modern touch throughout the home. A private balcony offers a serene retreat, and the front and rear yards are perfect for entertaining guests or simply enjoying outdoor living. This property is not only an entertainer's dream but also a fantastic opportunity for high-yielding short-term rental income for decades to come. Don't miss out on this unique investment--contact us today to schedule your private showing and explore all the remarkable details this home has to offer.

F
Ferretti Real Estate Group
Listing Agent

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.7mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•1.9mi
3/10
Coachella Valley High School
Public,•9-12•4.2mi

Price History

Date
Event
Price
10/01/21
Sold
$500,000
08/28/12
Sold
$145,000
01/15/10
Sold
$195,000
01/15/09
Sold
$175,000
01/05/07
Sold
$417,000
Condition Rating
Excellent
This property, built in 2006, has been 'fully remodeled' with extensive recent upgrades, including a modern kitchen with white shaker cabinets, black granite countertops, and stainless steel appliances. The bathrooms feature contemporary vanities, new tiling, and glass-enclosed showers. Elegant laminate flooring is present throughout, and major systems like the pool equipment have been updated. The addition of a fully paid-off solar system with Tesla battery backup further enhances its modern appeal and efficiency, indicating that all components are virtually new and meet current quality standards.
Pros & Cons

Pros

High-Yielding Short-Term Rental Potential: Explicitly marketed as a 'fantastic opportunity for high-yielding short-term rental income for decades to come,' making it highly attractive to investors.
Premier Festival Location: Ideally located within walking distance of the Polo Ground, home of Coachella and Stagecoach Festival, offering unparalleled convenience and a strong draw for event-goers.
Advanced Energy Independence: Features a fully paid-off solar system with a Tesla battery backup, providing significant energy efficiency and long-term cost savings.
Extensive Modern Upgrades: The property is 'fully remodeled' with recent upgrades including Jandy pool equipment, refreshed pebble/tile in the pool/spa, and elegant laminate flooring throughout.
Enhanced Outdoor Living & Entertainment: Boasts a private balcony and well-appointed front and rear yards, complemented by a luxurious pool and spa, ideal for entertaining and relaxation.

Cons

Aggressive Daily Price Reduction Strategy: The 'Price to be dropped $1000/day until sold!' strategy, while indicating strong seller motivation due to a 1031 exchange, may suggest initial overpricing or create buyer apprehension regarding the property's true market value.
Recurring Association Fees: A monthly association fee of $270 adds to the ongoing ownership costs, which could impact a buyer's budget or overall investment returns.
Potential for Festival-Related Disruptions: While a significant advantage for rental income, the property's close proximity to major festivals could lead to increased noise, traffic, and crowds for owner-occupants during event seasons.
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