
Indio, California 92201
This 5-bedroom Single Family Residence represents a High-Potential Investment Opportunity, listed at $497,000—positioned slightly above the $489,302 Fair Market Value. While not a discount buy, the property offers significant long-term value through fully paid-off solar, no HOA fees, and a large 7,841 sq ft lot. With a Fair Condition Rating, the home provides a blank canvas for cosmetic upgrades to drive appreciation. Its proximity to the Empire Polo Club makes it a strategic asset for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, energy-efficient home.
5-bed Indio home with paid solar, no HOA, and large lot. Prime location near Empire Polo Club. Perfect for investors or families seeking value in Coachella Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 80555 Veranda Lane Subject | $497,000* List Price | 5 | 3 | 1,769 | $277 | - |
A 48180 Chandler Court Sold | $537,000 | 5 | 2 | 1,873 | $287 | 0.4 mi |
B 80803 Hayleigh Court Sold | $490,000 | 3 | 2 | 1,976 | $248 | 0.3 mi |
C 47719 Avocado Court Sold | $587,000 | 4 | 3 | 2,061 | $285 | 0.8 mi |
D 81060 Paloma Circle Sold | $531,000 | 4 | 3 | 2,085 | $255 | 0.5 mi |
E 47748 Calle Hermosa Sold | $525,000 | 4 | 3 | 2,061 | $255 | 0.7 mi |
F 81300 Avenida Gaviota Sold | $460,000 | 4 | 2 | 1,476 | $312 | 0.8 mi |
G 48431 Panorama Avenue Active | $549,000 List Price | 3 | 2 | 1,850 | $297 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property sits in the 'Fair' age bracket (>20 years). While the kitchen has been updated with granite and stainless appliances and major systems like the AC and water heater are newer, the interior shows significant cosmetic dating (wallpaper borders, two-tone paint) and the backyard is completely unlandscaped with visible debris, requiring minor repairs and finishing to be move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1769.
The property features fully paid-off solar panels, a newer AC unit, and no HOA fees, significantly reducing monthly utility bills and ownership overhead.
Located just minutes from the Empire Polo Club, this home offers an unbeatable location for Coachella and Stagecoach festival enthusiasts or potential short-term rental opportunities.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
With 5 bedrooms packed into 1,769 square feet, individual room sizes and common areas may feel significantly more cramped than a standard 5-bedroom residence.
The assigned local schools carry lower to average ratings (3-4 range), which may be a drawback for families prioritizing high-performance educational districts.
Finding a home with enough space, no HOA restrictions, and an unbeatable location in the Coachella Valley isn't easy, but this 5-bedroom, 3-bath Indio home solves all three. Step inside to soaring vaulted ceilings and a fireplace-anchored living room that sets the tone for the rest of the home. The updated kitchen delivers granite countertops, dark wood cabinetry, a center island with bar seating, and stainless steel appliances including a built-in microwave/oven combo and French-door refrigerator, a space built for everyday living and entertaining alike. With 1,769 sq ft of living space spread across two stories, there's room for guests, a home office, or simply more breathing room. The hard part: major capital expenses, is already handled: a newer AC unit, newer water heater, and fully paid-off solar mean lower electric bills from day one, with no lease to assume. Central heat and air keep things comfortable year-round. Outside, the 7,841 sq ft lot offers a blank canvas for a pool, garden, or backyard retreat, and with NO HOA, there's no committee standing between you and your vision. Utilities run through Imperial Irrigation District, and the home sits within Desert Sands Unified School District boundaries. Location seals the deal: this home is just minutes from the Empire Polo Club, host site of the Coachella and Stagecoach festivals, with everyday convenience close by too. Montego Dunes Park, Shields Date Garden, and the Highway 111 shopping and dining corridor are all nearby. Homes offering this combination: space, paid solar, no HOA, and proximity to the valley's signature events, don't stay available long. Schedule a showing before this one is gone.
No exterior & parking available.
Grades K-6 • 1.1 mi
Grades K-5 • 2.0 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,769 | 1,953.5 |
| Lot Size | 7,841 | 6,970 |
| Price | $497.0K | $544.5K |
| Price per sq ft | $281 | $281 |
| Built year | 1998 | 2005 |
| HOA | $0 | $280 |
| Days on market | 22 | 80 |
Jun 30, 2026
$497,000
Initial Listing
Jun 26, 1998
$126,000
Public Record