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

80623 Veranda Lane
Indio, California 92201
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 80623 Veranda Lane Subject | $715,000* List Price | 5 | 3 | 1,769 | $348 | - |
A 47412 Manteca Court Sold | $519,000 | 3 | 2 | 1,650 | $315 | 0.3 mi |
B 80787 Hayleigh Court Active | $835,000 List Price | 5 | 3 | 2,013 | $415 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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the original tile flooring in the main living areas and kitchen, as well as the stone fireplace, show signs of being outdated.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
Harry S. Truman Elementary School
Grades K-5 • 2.1 mi
La Quinta Middle School
Grades 6-8 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 86% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,769 | 1,981 | 36% |
| Lot Size | 7,841 | 6,599 | 65% |
| Price | $715.0K | $575.0K | 74% |
| Price per sq ft | $404 | $302 | 88% |
| Built year | 1993 | 2004 | 17% |
| HOA | $0 | $210 | 25% |
| Days on market | 37 | 170 | 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





























