53841 Slate Drive, Coachella, California 92236, Coachella, 92236 - 4 bed, 3 bath
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53841 Slate Drive
Coachella, California 92236
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,764Sq Ft
6,970Lot Size
Property Price
LIST PRICE$600,000
EST. MARKET VALUE
$557,774
7% AboveMARKET VALUE
SUMMARY
This 4-bedroom Single Family Residence represents a Strong Value Opportunity, listed at $600,000—positioned well above the $557,774 Fair Market Value by -7%. Featuring a Condition Rating of 3, this move-in ready home offers a versatile floor plan with a downstairs bedroom and Mountain Views. Its proximity to the Empire Polo Club and lack of HOA make it a prime candidate for short-term rentals. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand location.
Estimated Market Value
$557,774
Based on Realkey algorithm analyzing recent comparable sales in Coachella.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53841 Slate Drive Subject | $600,000* List Price | 4 | 3 | 1,764 | $316 | - |
A 84532 Vermouth Drive Sold | $450,000 | 3 | 3 | 1,401 | $321 | 0.9 mi |
B 51946 Douma Street Sold | $443,000 | 4 | 2 | 1,539 | $288 | 1.0 mi |
C 84576 Vermouth Drive Sold | $455,000 | 3 | 2 | 1,401 | $325 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket. It is exceptionally well-maintained and move-in ready, featuring a functional kitchen with updated stainless steel appliances and granite countertops. The interior shows no signs of deferred maintenance, with consistent tile flooring and modern fixtures throughout, making it ideal for immediate occupancy or rental.
PROSSTRENGTHS & OPPORTUNITIES
- High Investment Potential
The absence of an HOA combined with close proximity to the Empire Polo Club makes this an ideal short-term rental opportunity for world-famous festivals like Coachella and Stagecoach.
- Versatile Floor Plan
The layout includes a desirable downstairs bedroom and full bathroom, providing excellent flexibility for multi-generational living or guest accommodations.
- Premium Lot and Views
Situated on an oversized lot, the property offers stunning southwest-facing views of the Santa Rosa Mountains and ample space to add a custom pool to enhance value.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Underperforming School District
The local elementary, middle, and high schools all carry a rating of 3, which may be a significant drawback for families prioritizing academic rankings.
- Lack of Existing Pool
In the desert climate of Coachella, the absence of a swimming pool is a notable omission that will require a significant capital investment from the buyer to remain competitive.
About 53841 Slate Drive
Your Airbnb or short-term rental dream home awaits! With no HOA and located in one of the fastest-growing cities in the Coachella Valley, this immaculate property offers endless possibilities for both homeowners and investors.Built in 2006 and situated on a premium oversized lot, this 4-bedroom, 4-bathroom home features stunning southwest-facing views of the Santa Rosa Mountains. The spacious floor plan includes a downstairs bedroom and full bathroom, making it ideal for guests or multi-generational living.The inviting exterior boasts a covered front patio, stacked stone accents, and a large grassy yard with plenty of room to add a pool. Upstairs, the primary suite offers dual sinks, a walk-in closet, and a shower/tub combination.Conveniently located just minutes from the Empire Polo Club, home of the world-famous Coachella and Stagecoach festivals, this property is perfectly positioned for short-term rental opportunities. Enjoy easy access to fine dining, shopping, entertainment, and world-class golf courses.Whether you're looking for a family home, vacation retreat, or investment property, this home checks all the boxes. Don't miss this incredible opportunity!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Coachella Unified Schools
Westside Elementary School
Grades K-6 • 2.3 mi
3/10
Cahuilla Desert Academy Junior High
Grades 7-8 • 1.9 mi
3/10
Coachella Valley High School
Grades 9-12 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,764 | 1,754.8 |
| Lot Size | 6,970 | 6,595.143 |
| Price | $600.0K | $471.7K |
| Price per sq ft | $340 | $293 |
| Built year | 2006 | 2006 |
| HOA | $0 | $266 |
| Days on market | 17 | 62 |
Pricing History
Listed for Sale
Aug 23, 2026
$600,000
Initial Listing
Sold
Aug 3, 2012
$170,000
Public Record
Sold
May 7, 2007
$380,500
Public Record