
Indio, California 92201
This Modern Strategic Desert Asset is listed at $699,000, offering a unique financial advantage through a rare assumable 2.625% interest rate. Maintaining an Excellent Condition Rating, this 2020 construction features 9-foot ceilings, 8-foot doors, and a Gourmet Kitchen. Situated in an STR-Approved Community near Coachella festival grounds, the home includes a Tranquil Water View and proximity to the highly-rated Dr. Reynaldo J. Carreon Jr. Academy. While the price exceeds the $602,302 Fair Market Value, the low-rate financing significantly offsets monthly ownership costs. This is a sophisticated acquisition for Short-Term Rental Investors or Lifestyle Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49337 Nicholson Court Subject | $699,000* List Price | 3 | 3 | 2,231 | $310 | - |
A 48753 Barrymore Street Sold | $690,000 | 3 | 3 | 2,126 | $325 | 0.3 mi |
B 49447 Meadowlark Place Sold | $607,894 | 5 | 3 | 2,311 | $263 | 0.4 mi |
C 83174 Verio Way Sold | $661,557 | 4 | 4 | 2,480 | $267 | 0.4 mi |
D 49504 Douglas Street Sold | $494,540 | 3 | 2 | 2,212 | $224 | 0.4 mi |
E 49475 Redford Way Sold | $640,000 | 3 | 4 | 2,088 | $307 | 0.1 mi |
F 82725 Ryan Way Active | $617,745 List Price | 3 | 3 | 2,268 | $272 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 5 years old and meets the criteria for excellent condition. The home features modern construction standards including 9-foot ceilings, 8-foot doors, and a gourmet kitchen with contemporary white cabinetry and granite countertops. All systems and finishes are virtually new with no deferred maintenance noted.
What if you could own a home with a 2.625% interest rate in a market where rates are close to double? With an assumable loan balance of approximately $320,000 (subject to lender approval), this property offers a financial advantage that could dramatically reduce your monthly payment. . For investors and end users alike, this isn't just a home it's a strategic advantage.Located inside a highly sought-after, short-term-rental-approved community with low HOA fees, this home sits just minutes from the world-famous Coachella and Stagecoach festival ground placing it directly in the path of one of the strongest rental demand corridors in the Coachella Valley. Whether your goal is to generate income, offset ownership costs, or simply secure a prime desert retreat, the location alone makes this property incredibly valuable.Inside, the largest and most desirable Gallery floor plan offers an open, inviting layout designed for effortless living and entertaining. The expansive great room, centered around a cozy fireplace, flows seamlessly to the covered patio creating the perfect indoor-outdoor lifestyle. The gourmet kitchen features crisp white cabinetry, granite countertops, a large center island, and a walk-in pantry, offering both style and functionality.The primary suite serves as a peaceful retreat with direct backyard access, dual vanities, and a spacious walk-in closet. Two additional guest bedrooms, a full bath, and a powder room provide comfort and flexibility for family, guests, or short-term renters. Premium features throughout including **9-foot ceilings, 8-foot doors, and a finished garage with golf cart space **add both comfort and sophistication.Tucked away on a quiet cul-de-sac near a tranquil water feature, residents enjoy access to resort-style amenities including pools, spas, pickleball, tennis, bocce ball, and a fitness center bringing the feel of a private resort to everyday life.With rare assumable low-rate financing, STR approval, and a highly desirable floor plan, this property delivers a combination of lifestyle, income potential, and financial advantage that is exceptionally difficult to replicate.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,231 | 1,995 | 66% |
| Lot Size | 6,098 | 6,534 | 43% |
| Price | $699.0K | $569.0K | 75% |
| Price per sq ft | $313 | $299 | 57% |
| Built year | 2020 | 2004 | 80% |
| HOA | $270.0 | $223 | 66% |
| Days on market | 147 | 176 | 34% |
Nov 26, 2025
$699,000
Initial Listing
Nov 20, 2020
$361,500
Public Record
Mar 11, 2005
$460,000
Public Record