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50298 Paseo Cadiz, Coachella, California 92236, Coachella, 92236 - 4 bed, 2 bath

50298 Paseo Cadiz, Coachella, California 92236 home-pic-0
ACTIVE$565,000
50298 Paseo Cadiz, Coachella, California 92236
4Beds
2Baths
1,951Sqft
8,276Lot

Price Vs. Estimate

The estimated value ($551,754.585) is $13,245.415 (2%) lower than the list price ($565,000). 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 = 8276, living area = 1951.
Top Cons:
Potential Overpricing Relative to Market: The current list price of $565,000 is above the estimated value ($551,754.585) and a direct comparable property in the same subdivision listed at $539,900, suggesting it may be priced aggressively.

Compared to the nearby listings

Price:$565.0K vs avg $515.0K (+$50,000)71%
Size:1,951 sqft vs avg 1,938 sqft55%
Price/sqft:$290 vs avg $27957%

More Insights

Built in 2020 (5 years old).
Condition: This property was built in 2020, making it only 4 years old, which falls well within the 'Excellent' criteria for age. The listing describes it as a 'beautifully maintained newer home' and 'move-in ready.' Images confirm a modern kitchen with white shaker cabinets, dark granite countertops, and stainless steel appliances (dishwasher, double oven, range hood, refrigerator). Bathrooms feature contemporary vanities, undermount sinks, glass shower enclosures with subway tile, and separate tubs. Flooring is a mix of clean patterned tile and carpet. All components appear new or virtually new, with no visible signs of wear or deferred maintenance, meeting current quality standards.
Year Built
2020
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$290
HOA
-
Days on market
-
Sold On
-
MLS number
219132284DA
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Welcome to this beautifully maintained newer 4-bedroom, 2-bathroom home, perfect for first-time buyers looking for comfort, space, and long-term potential. If you are thinking of an income generating property this one is for you as well. Step into a bright and open floor plan featuring a modern kitchen, generous living area, and well-sized bedrooms ideal for family living or a home office setup.The spacious primary suite includes a private bath and walk-in closet, offering the perfect retreat at the end of the day. The large backyard is a blank canvas--ready for your personal touch, whether it's a garden, play area, or outdoor entertaining space. Brand new patio cover has been added for confort and ready for family gaderings. Located in a friendly and well-established neighborhood, this home is close to parks, schools, and shopping centers. With its move-in ready condition and room to grow, this property is a fantastic opportunity to start your homeownership journey.

Nearby schools

5/10
Coral Mountain Academy
Public,•K-6•0.4mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•1.7mi
3/10
Coachella Valley High School
Public,•9-12•2.7mi
Condition Rating
Excellent
This property was built in 2020, making it only 4 years old, which falls well within the 'Excellent' criteria for age. The listing describes it as a 'beautifully maintained newer home' and 'move-in ready.' Images confirm a modern kitchen with white shaker cabinets, dark granite countertops, and stainless steel appliances (dishwasher, double oven, range hood, refrigerator). Bathrooms feature contemporary vanities, undermount sinks, glass shower enclosures with subway tile, and separate tubs. Flooring is a mix of clean patterned tile and carpet. All components appear new or virtually new, with no visible signs of wear or deferred maintenance, meeting current quality standards.
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 = 8276, living area = 1951.
Modern & Well-Maintained Construction: Built in 2020 and described as 'beautifully maintained newer home' and 'move-in ready,' offering contemporary living with minimal immediate upkeep.
Versatile & Open Floor Plan: Features a 'bright and open floor plan' with a 'modern kitchen,' 'generous living area,' and 'well-sized bedrooms,' suitable for various family needs or a home office.
Income-Generating Opportunity: Explicitly marketed as ideal for 'income generating property,' appealing to investors seeking rental potential.
Large, Customizable Backyard with New Patio: Offers a 'large backyard' as a 'blank canvas' for personalization, enhanced by a 'brand new patio cover' for immediate outdoor enjoyment.
Prime Neighborhood & Convenient Amenities: Situated in a 'friendly and well-established neighborhood' with close proximity to 'parks, schools, and shopping centers.'

Cons

Potential Overpricing Relative to Market: The current list price of $565,000 is above the estimated value ($551,754.585) and a direct comparable property in the same subdivision listed at $539,900, suggesting it may be priced aggressively.
Absence of Noted Energy Efficiency Features: Unlike several comparable newer homes in the area that boast solar panels or other energy-saving upgrades, this property's description does not highlight such features, which could be a competitive drawback in Coachella's climate.
Undeveloped Backyard Requires Investment: While offering customization, the 'blank canvas' backyard implies significant additional cost and effort for the buyer to fully landscape or develop beyond the existing patio cover.

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