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80592 Apricot Lane, Indio, California 92201, Indio, 92201 - 6 bed, 4 bath

80592 Apricot Lane, Indio, California 92201 home-pic-0
ACTIVE$1,275,000$3,618/sqft
Est. Value: $1,382,193
8%
BelowEstimate
80592 Apricot Lane, Indio, California 92201
6Beds
4Baths
3,618Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($1,382,193.31) is $107,193.31 (8%) higher than the list price ($1,275,000). This property may be underpriced.

Key pros and cons

Top Pros:
Exceptional Income Potential: This property is explicitly marketed as a highly successful, turnkey vacation rental with strong year-round income, particularly during high-demand events like Coachella and Stagecoach, making it a proven investment asset in a short-term rental friendly community.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.

Compared to the nearby listings

Price:$1.27M vs avg $550.0K (+$725,000)93%
Size:3,618 sqft vs avg 1,928 sqft98%
Price/sqft:$352 vs avg $30279%

More Insights

Built in 2006 (20 years old).
Condition: Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. The listing explicitly states 'two brand-new air conditioning systems' and 'all new furniture throughout,' indicating significant recent updates to major systems and aesthetics. The kitchen features modern stainless steel appliances, granite countertops, and dark wood cabinetry, presenting a clean and functional space. Bathrooms are well-maintained with good quality tile, vanities, and fixtures, including a soaking tub and walk-in showers, though the tile style might be considered slightly less contemporary than ultra-new builds. Flooring is a mix of well-kept tile and clean carpet. The property is described as 'turnkey' and 'move-in or rental ready,' aligning perfectly with the 'Good' criteria of being move-in ready with well-maintained systems and minimal wear and tear, without necessarily having undergone a full, top-to-bottom renovation within the last 5 years.
Year Built
2006
Close
-
List price
$1.27M
Original List price
$1.27M
Price/Sqft
$352
HOA
$235
Days on market
-
Sold On
-
MLS number
26633853PS
Home ConditionGood
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Welcome to this beautifully appointed, highly successful vacation rental located in the sought-after community of The Orchard in Indio, a turnkey opportunity designed for both exceptional living and strong year-round income. Meticulously furnished per inventory, this expansive single-family residence offers approximately 3,618 sq ft of thoughtfully designed space, including five bedrooms, a separate casita (ideal as a sixth bedroom), and four full bathrooms. The home features two brand-new air conditioning systems for comfort in every season, along with all new furniture throughout (excluding the couch), making it truly move-in or rental ready. The large, beautiful kitchen anchors the home with modern appliances, generous cabinetry, and a center island perfect for gathering and entertaining. Inside, a warm living area with a fireplace sets a welcoming tone, while an enclosed bunk/bedroom and an enclosed recreation area add flexible, fun spaces that guests and owners alike love. The primary suite is a private retreat with dual vanities, a soaking tub, and a walk-in shower. Step outside to your own private resort: a sparkling pool and spa, putting green, and multiple areas to relax or play under the desert sky. The three-car garage with additional storage completes the package, offering both convenience and functionality. Located in a short-term rental friendly community, this property shines during high-demand events like Coachella and Stagecoach, making it an exceptional investment opportunity. Whether you're seeking a personal desert escape or a proven income-producing asset, this Orchard home delivers on every level.

G
Gale Stuart
Listing Agent

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.8mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.6mi
3/10
Coachella Valley High School
Public,•9-12•4.8mi

Price History

Date
Event
Price
03/19/24
Sold
$1,100,000
05/29/19
Sold
$699,000
01/15/14
Sold
$585,000
03/16/11
Sold
$380,000
04/28/06
Sold
$765,000
Condition Rating
Good
Built in 2006, this property falls within the 10-20 year age range for a 'Good' rating. The listing explicitly states 'two brand-new air conditioning systems' and 'all new furniture throughout,' indicating significant recent updates to major systems and aesthetics. The kitchen features modern stainless steel appliances, granite countertops, and dark wood cabinetry, presenting a clean and functional space. Bathrooms are well-maintained with good quality tile, vanities, and fixtures, including a soaking tub and walk-in showers, though the tile style might be considered slightly less contemporary than ultra-new builds. Flooring is a mix of well-kept tile and clean carpet. The property is described as 'turnkey' and 'move-in or rental ready,' aligning perfectly with the 'Good' criteria of being move-in ready with well-maintained systems and minimal wear and tear, without necessarily having undergone a full, top-to-bottom renovation within the last 5 years.
Pros & Cons

Pros

Exceptional Income Potential: This property is explicitly marketed as a highly successful, turnkey vacation rental with strong year-round income, particularly during high-demand events like Coachella and Stagecoach, making it a proven investment asset in a short-term rental friendly community.
Extensive Amenities & Entertainment: The home boasts a private resort-style backyard featuring a sparkling pool, spa, and putting green, complemented by flexible interior spaces like an enclosed bunk/bedroom and recreation area, ideal for guest enjoyment and relaxation.
Spacious & Flexible Layout: With 3,618 sq ft, 5 bedrooms, a separate casita (functioning as a 6th bedroom), and 4 full bathrooms, the property offers ample space and versatility to comfortably accommodate large groups or multiple families.
Turnkey & Modern Condition: Recently updated with two brand-new air conditioning systems and new furniture throughout (excluding one couch), the residence is presented in a move-in or rental-ready state with a beautifully appointed, modern interior.
Desirable Community & Features: Located in the sought-after 'The Orchard' community in Indio, the property benefits from its short-term rental friendly environment and includes practical features like a large, modern kitchen with a center island and a three-car garage with additional storage.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
Ongoing Association Fees: The property is subject to a monthly association fee of $235.0, which adds to the recurring ownership and operational costs.
Potential for High Utility Costs: Given Indio's desert climate, despite having new AC systems, the property may incur significant electricity costs for cooling, impacting overall profitability for a rental or personal use.
Market Volatility for Vacation Rentals: While currently successful, the property's income potential is heavily reliant on the short-term rental market and specific events, which can be susceptible to economic fluctuations or changes in tourism trends.
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