80623 Veranda Lane, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath

80623 Veranda Lane, Indio, California 92201 home-pic-0

80623 Veranda Lane

Indio, California 92201

ACTIVE
CONDITION: FAIR
5Beds
3Baths
1,769Sq Ft
7,841Lot Size

Property Price

LIST PRICE$715,000
EST. MARKET VALUE
$615,186
16% AboveMARKET VALUE

SUMMARY

Analysis of 80623 Veranda Lane, Indio, California 92201 reveals a property with a current list price of $715,000, which is 16% above the estimated $615,186 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Indio Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$615,186
Based on Realkey algorithm analyzing recent comparable sales in Indio.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
80623 Veranda Lane
Subject
$715,000*
List Price
531,769$348-
A
47412 Manteca Court
Sold
$519,000321,650$3150.3 mi
B
80787 Hayleigh Court
Active
$835,000
List Price
532,013$4150.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property, built in 1993, is over 30 years old. While it features recent cosmetic updates in the kitchen (white shaker cabinets, stainless steel appliances, modern faucet) and bathrooms (painted vanities, modern fixtures, new mirrors), the original tile flooring in the main living areas and kitchen, as well as the stone fireplace, show signs of being outdated. Some bedrooms have newer laminate flooring, but others retain the older tile. The home is well-maintained and move-in ready, but the mix of updated and older elements, combined with its age, indicates it requires minor updates to fully align with current styles and preferences, fitting the 'Fair' category.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 7841, living area = 1769.

  • Strategic Location & Event Proximity

    Positioned just 1.5 miles from the Empire Polo Club, this property is ideally situated to capitalize on Indio's event-driven demand, while also offering convenient access to local amenities like dining, shopping, and golf.

  • Robust Income-Generating Asset

    With a proven history as a short-term rental and permitted occupancy for up to 14 guests, offered turnkey furnished, it presents a strong investment opportunity with potential tax advantages for qualified buyers.

CONSRISKS & DEFICIENCIES

  • Property Age & Potential for Updates

    Built in 1993, the property is over 30 years old, which may suggest a need for updates to systems or aesthetics to align with modern buyer preferences or to compete with newer constructions.

  • Wear and Tear from Rental Operations

    As a consistently operated short-term rental, the property may have experienced increased wear and tear, potentially necessitating more frequent maintenance or refurbishment compared to a primary residence.

  • Compact Interior for High Occupancy

    While accommodating up to 14 guests, the 1769 sqft interior might feel somewhat constrained when at full capacity, potentially impacting comfort for longer stays or larger gatherings indoors.

About 80623 Veranda Lane

Just 1.5 miles from the Empire Polo Club, this Indio residence sits at the crossroads of desert lifestyle, event-driven demand, and everyday livability--where the address consistently attracts demand without needing to chase it. The two-story layout offers flexibility and flow, designed to comfortably accommodate larger groups while remaining practical for day-to-day living. With permitted occupancy of up to 14 guests, the space scales naturally for event weekends, extended family stays, or relaxed desert use throughout the year.Indoor and outdoor living connect seamlessly. Mountain views frame the setting, while the pool, spa, and multiple gathering areas create an environment that works just as well for entertaining as it does for unwinding. The home feels open and social without sacrificing comfort or balance, and is offered turnkey furnished for a seamless day-one transition.Set within The Verandas neighborhood, the property benefits from no HOA, preserving flexibility and ease of ownership. Beyond festival season, the location provides convenient access to schools, dining, shopping, golf, and essential services--supporting both short-term use and long-term living.The property has been operated as a short-term rental and reflects a layout and location aligned with Indio's established event corridor. For qualified buyers, ownership may also present potential tax advantages commonly associated with income-producing real estate, subject to individual circumstances and professional guidance.An opportunity to own a home that functions as both a place to enjoy and a location the market continues to reward. Schedule a private showing today.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1993
Lot Size
7,841 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Indio Unified Schools

Mountain Vista Elementary School

Grades K-6 • 1.1 mi

3/10

Harry S. Truman Elementary School

Grades K-5 • 2.1 mi

6/10

La Quinta Middle School

Grades 6-8 • 2.0 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
86%
Baths3.03.0
50%
Square foot1,7691,981
36%
Lot Size7,8416,599
65%
Price$715.0K$575.0K
74%
Price per sq ft$404$302
88%
Built year19932004
17%
HOA$0$210
25%
Days on market37170
2%

Pricing History

Listed for Sale

Jan 29, 2026

$715,000

Initial Listing

Sold

Mar 28, 2023

$760,000

Public Record

Sold

Feb 15, 2022

$555,000

Public Record

Sold

Jul 23, 2009

$145,000

Public Record

Sold

Jan 7, 2004

$245,000

Public Record

Sold

Mar 26, 2002

$195,000

Public Record

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