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49668 Minelli Street, Indio, California 92201, Indio, 92201 - 3 bed, 3 bath

49668 Minelli Street, Indio, California 92201 home-pic-0
ACTIVE$489,900$1,831/sqft
Est. Value: $476,662
-2%
FairlyEstimate
49668 Minelli Street, Indio, California 92201
3Beds
3Baths
1,831Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($476,661.785) is $13,238.215 (2%) lower than the list price ($489,900). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile Investment Opportunity: The property is explicitly approved for Short-Term Vacation Rentals (STVR), making it an excellent investment for rental income, in addition to serving as a full-time residence or vacation home.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1831, other record living area = 1683.

Compared to the nearby listings

Price:$489.9K vs avg $550.0K ($-60,100)33%
Size:1,831 sqft vs avg 1,917 sqft41%
Price/sqft:$268 vs avg $30130%

More Insights

Built in 2007 (19 years old).
Condition: Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The kitchen features granite countertops and dark wood cabinets which are well-maintained, though the white appliances are a bit dated compared to current trends. Bathrooms also have granite counters and matching cabinetry, appearing clean and functional. Flooring is a mix of well-kept tile and laminate wood. Overall, the home is move-in ready with no immediate major renovations required, and systems appear well-maintained with minimal wear and tear.
Year Built
2007
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
$268
HOA
$291
Days on market
-
Sold On
-
MLS number
219141509DA
Home ConditionGood
Features
Good View: Peek-A-Boo
Patio
ViewPeek-A-Boo

About this home

Behind the gates of Indian Palms Country Club & Resort awaits a spacious Single Family Home with Casita and additional Golf Cart Garage. Experience the Desert Resort Lifestyle in this Extraordinary home as a full time residence, vacation home or short term rental investment. Featuring an open-concept living space, 3 bed/ 3 bath with Private backyard. Spacious kitchen featuring large island w/ granite counters, abundant cabinet space, opens to a cozy family room w/ fireplace. Courtyard entry Casita features its own separate entrance. Luxurious primary retreat w/ensuite bath w/dual vanities, tub, granite counters, separate shower & walk-in closet. Two additional gracious guest bedrooms. Attached 2 car garage w/ additional Golf Cart Garage.Indian Palm CC is STVR approved and offers Resort-style amenities: 27-hole Championship Golf Course, Practice range, Tennis/Pickle Ball courts, Bocce ball, Fitness center & Community Pools/ Spas. Location is Everything: minutes away from Empire Polo Grounds, Coachella & Stagecoach music festivals & easy access to i10. Low HOA dues include Clubhouse access, putting greens, lighted tennis/pickle ball courts, fitness center & community pools.

M
Michelle Anselmo
Listing Agent

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,•K-5•1.2mi
3/10
Thomas Jefferson Middle School
Public,•6-8•1.9mi
4/10
Indio High School
Public,•9-12•1.9mi

Price History

Date
Event
Price
08/10/15
Sold
$217,000
02/29/08
Sold
$256,000
Condition Rating
Good
Built in 2007, this property falls within the 10-20 year age range for a 'Good' rating. The kitchen features granite countertops and dark wood cabinets which are well-maintained, though the white appliances are a bit dated compared to current trends. Bathrooms also have granite counters and matching cabinetry, appearing clean and functional. Flooring is a mix of well-kept tile and laminate wood. Overall, the home is move-in ready with no immediate major renovations required, and systems appear well-maintained with minimal wear and tear.
Pros & Cons

Pros

Versatile Investment Opportunity: The property is explicitly approved for Short-Term Vacation Rentals (STVR), making it an excellent investment for rental income, in addition to serving as a full-time residence or vacation home.
Comprehensive Resort Amenities: Located within Indian Palms Country Club & Resort, residents have access to a 27-hole championship golf course, practice range, tennis/pickleball courts, bocce ball, fitness center, and community pools/spas, all with low HOA dues.
Desirable Layout & Features: The home boasts an open-concept living space, a spacious kitchen with a large island and granite counters, a cozy family room with a fireplace, and a luxurious primary suite, catering to modern living preferences.
Income-Generating Casita & Golf Cart Garage: The inclusion of a separate courtyard entry casita provides additional living space or rental potential, while the dedicated golf cart garage adds convenience for golf enthusiasts.
Prime Location for Entertainment & Access: Its proximity to Empire Polo Grounds, Coachella, and Stagecoach music festivals, coupled with easy access to I-10, enhances its appeal for entertainment and regional connectivity.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1831, other record living area = 1683.
Lack of Private Pool/Spa: While community pools are available, the property description does not indicate a private pool or spa in the backyard, which is often a highly sought-after amenity for desert resort homes and short-term rentals.
Limited View: The property is noted to have a 'Peek-A-Boo' view, suggesting partial or obstructed scenic vistas rather than expansive, unobstructed views that some buyers might desire in a resort community.
Potential for Festival-Related Congestion: Its close proximity to major music festivals, while a strength for rental income, could lead to increased traffic, noise, and crowds during peak event seasons, potentially impacting the tranquility for full-time residents.
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