80741 Desert Spur Drive, Indio, California 92201, Indio, 92201 - 4 bed, 2 bath

80741 Desert Spur Drive, Indio, California 92201 home-pic-0
ACTIVE$669,900
80741 Desert Spur Drive, Indio, California 92201
4Beds
2Baths
1,677Sqft
7,405Lot
Year Built
2003
Close
-
List price
$670K
Original List price
$660K
Price/Sqft
$399
HOA
-
Days on market
-
Sold On
-
MLS number
250017266SD
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 18% below the list price. We found 3 Cons,6 Pros. Rank: price - $669.9K(78th), sqft - 1677(28th), beds - 4(57th), baths - 2(50th).

Amazing opportunity to purchase this Short Term Rental home, equipped with everything needed to takeover and start generating cash flow from day one. Features spacious pool and spa in the backyard with a great patio that is perfect for entertaining with friends and family. There is a mini split AC installed in the garage/game room. No Rental Restrictions, and No HOA. New Central AC installed in 2021. With the Coachella Festival less than 1 mile away, this property is ideal for both living and short-term luxury rental opportunities. Move right in and embrace the desert lifestyle! Furniture can be sold outside of escrow for an easy transition. Great location near the festivals, polo fields, tennis tournaments, golf course, casino, shopping, trails, dining, and much much more.

Nearby schools

6/10
Harry S. Truman Elementary School
Public,K-52.3mi
3/10
Thomas Jefferson Middle School
Public,6-82.4mi
4/10
Indio High School
Public,9-121.3mi
Condition Rating
Excellent

Built in 2003, this property has undergone significant recent updates. A new Central AC was installed in 2021, and the images reveal a fully modernized interior with white shaker cabinets, dark granite countertops, and stainless steel appliances in the kitchen. The bathrooms feature matching modern vanities and fixtures. Light wood-look laminate flooring is consistent throughout, and the paint is fresh and neutral. The overall condition, including the well-maintained pool and spa area, suggests an extensive renovation within the last 5 years, making it move-in ready with virtually new components and no deferred maintenance, aligning with 'Excellent' criteria.
Pros & Cons

Pros

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 = 7405, living area = 1677.
High Income Potential / Turnkey STR: The property is explicitly marketed as a short-term rental (STR) home, equipped for immediate cash flow generation, with no rental restrictions and no HOA, making it highly attractive for investors.
Exceptional Location for Events & Amenities: Located less than 1 mile from the Coachella Festival and close to polo fields, tennis tournaments, golf courses, casinos, shopping, and dining, offering significant appeal for renters and residents.
Desirable Outdoor Living Space: Features a spacious pool and spa in the backyard with a great patio, ideal for entertaining and embracing the desert lifestyle.
Recent Major System Upgrade: A new Central AC system was installed in 2021, providing modern climate control and reducing immediate maintenance concerns for a crucial system in the desert climate.
Mountain Views: The property offers desirable mountain views, enhancing its aesthetic appeal and potential value.

Cons

Overpriced Relative to Market Estimate: The listing price of $669,900 is significantly higher (18% above) the estimated property value of $543,534.83, which may deter potential buyers or necessitate a price reduction.
Limited Bathroom Count for Bedroom Size: With 4 bedrooms and only 2 bathrooms, the property may be less accommodating for larger families or groups, potentially impacting its desirability as a short-term rental or primary residence.
Lack of Recent Interior Updates Mentioned: While the AC is new, the description does not highlight recent interior renovations or modern finishes, which might lead to expectations of additional upgrade costs for a buyer seeking a 'luxury rental' or updated living space.

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