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48864 Pear Street, Indio, California 92201, Indio, 92201 - 4 bed, 4 bath

48864 Pear Street, Indio, California 92201 home-pic-0
ACTIVE$1,090,000$2,751/sqft
Est. Value: $1,063,128
-2%
FairlyEstimate
48864 Pear Street, Indio, California 92201
4Beds
4Baths
2,751Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($1,063,127.985) is $26,872.015 (2%) lower than the list price ($1,090,000). 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 = 13068, living area = 2751.
Top Cons:
Limited View: While the property 'has_view:true', the description specifies a 'Peek-A-Boo' view, suggesting it may not offer expansive or panoramic vistas that some buyers might expect from a desert retreat.

Compared to the nearby listings

Price:$1.09M vs avg $550.0K (+$540,000)92%
Size:2,751 sqft vs avg 1,928 sqft91%
Price/sqft:$396 vs avg $30289%

More Insights

Built in 2005 (21 years old).
Condition: This property, built in 2005, has undergone extensive and recent renovations, qualifying it as virtually new. The chef's kitchen is completely renovated with sleek new cabinetry, quartz countertops, and stainless steel appliances. The bathrooms are updated with modern fixtures and finishes. Key systems like the pool and spa are brand new (two weeks old), and the AC units are only four years old. Porcelain tile flooring, modern light fixtures, and smart-home features throughout demonstrate a high standard of quality with no deferred maintenance.
Year Built
2005
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$396
HOA
$225
Days on market
-
Sold On
-
MLS number
219140393DA
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewPeek-A-Boo

About this home

Welcome to The Orchard -- a rare desert retreat showcasing every upgrade imaginable!This beautifully reimagined (furnished) 4-bedroom, 3.5-bath home offers modern style, thoughtful design, and resort-inspired living. The floor plan provides excellent separation, with the primary suite privately tucked away on one side of the home and three spacious guest bedrooms on the other. Each guest room features custom California-style built-in closets, adding both elegance and functionality.The chef's kitchen has been completely renovated with sleek new cabinetry, quartz countertops, and stainless steel appliances. Porcelain tile flooring flows throughout the home, tying each space together with contemporary sophistication. Two versatile office spaces make working from home easy, while smart-home features add convenience to your daily life.Step outside to your brand-new pool and spa, completed just two weeks ago. Designed with a tanning ledge, surrounded by all-new pavers, and enhanced by refreshed landscaping, this backyard is the ultimate setting for relaxation and entertaining.Additional highlights include:Two fireplaces (living room and courtyard) for indoor and outdoor ambianceTwo newer AC units (just 4 years old) for comfort and efficiency year-roundThree-car garage offering plenty of storage and parkingLow HOA dues of only $225/monthLocated in a desirable neighborhood that allows short-term rentals, this property is perfect as a primary residence, vacation getaway, or income-generating investment -- especially for festival-goers and seasonal visitors. Don't miss this rare opportunity to own a completely updated desert home with a brand-new pool, spa, and every upgrade already completed for you!

G
Galina Tucker
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•2.5mi
3/10
Coachella Valley High School
Public,•9-12•4.7mi

Price History

Date
Event
Price
06/03/24
Sold
$950,000
07/30/19
Sold
$530,000
10/14/10
Sold
$345,000
03/11/05
Sold
$485,500
Condition Rating
Excellent
This property, built in 2005, has undergone extensive and recent renovations, qualifying it as virtually new. The chef's kitchen is completely renovated with sleek new cabinetry, quartz countertops, and stainless steel appliances. The bathrooms are updated with modern fixtures and finishes. Key systems like the pool and spa are brand new (two weeks old), and the AC units are only four years old. Porcelain tile flooring, modern light fixtures, and smart-home features throughout demonstrate a high standard of quality with no deferred maintenance.
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 = 13068, living area = 2751.
Extensive Modern Upgrades: The home has been beautifully reimagined with every upgrade imaginable, including a completely renovated chef's kitchen with sleek cabinetry, quartz countertops, stainless steel appliances, and porcelain tile flooring throughout, offering contemporary sophistication.
Brand-New Resort-Style Outdoor Living: Features a brand-new pool and spa (completed just two weeks ago) with a tanning ledge, surrounded by all-new pavers and refreshed landscaping, creating an ultimate setting for relaxation and entertaining.
Income-Generating Potential: Located in a desirable neighborhood that allows short-term rentals, making it an ideal investment for vacationers, festival-goers, or seasonal visitors, in addition to being a primary residence or getaway.
Updated Major Systems & Amenities: Equipped with two newer AC units (just 4 years old) for year-round comfort and efficiency, smart-home features for convenience, and a spacious three-car garage for ample storage and parking.
Functional & Versatile Interior Layout: Offers an excellent floor plan with private primary suite separation, three spacious guest bedrooms with custom built-in closets, and two versatile office spaces, catering to various lifestyle needs.

Cons

Limited View: While the property 'has_view:true', the description specifies a 'Peek-A-Boo' view, suggesting it may not offer expansive or panoramic vistas that some buyers might expect from a desert retreat.
Furnished Property: The home is offered furnished, which, while convenient for some, may not appeal to buyers who prefer to furnish their property to their own taste, potentially incurring costs for furniture removal or storage.
Potential for High Utility Costs: Given the desert climate and the presence of a brand-new pool, spa, and two AC units, potential buyers should anticipate higher ongoing utility costs for cooling and pool maintenance.
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