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81109 Falling Leaf Court, Indio, California 92201, Indio, 92201 - 5 bed, 5 bath

81109 Falling Leaf Court, Indio, California 92201 home-pic-0
ACTIVE$1,650,000$3,714/sqft
Est. Value: $1,659,315
%
FairlyEstimate
81109 Falling Leaf Court, Indio, California 92201
5Beds
5Baths
3,714Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($1,659,314.86) is $9,314.86 (0%) lower than the list price ($1,650,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Income Potential & Short-Term Rental Friendly: Explicitly marketed as a 'high income producing property' in a community that 'embraces short term rentals,' making it an ideal investment for vacation home investors, especially given its proximity to major events.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $210, which represents an additional recurring cost for the owner or investor.

Compared to the nearby listings

Price:$1.65M vs avg $550.0K (+$1,100,000)96%
Size:3,714 sqft vs avg 1,928 sqft98%
Price/sqft:$444 vs avg $30294%

More Insights

Built in 2005 (21 years old).
Condition: Built in 2005, this property is 19 years old, fitting the 'Good' category's age range. The description highlights high-quality features such as a 'spa quality bathroom retreat,' 'stainless steel appliances,' 'recessed lighting,' 'zone heating and cooling,' and a 'surround sound system.' These indicate a well-appointed and functional home that is move-in ready with no immediate major renovations required. While no recent full renovation is explicitly mentioned, the existing features are of good quality and well-maintained.
Year Built
2005
Close
-
List price
$1.65M
Original List price
$1.65M
Price/Sqft
$444
HOA
$210
Days on market
-
Sold On
-
MLS number
PW26012422
Home ConditionGood
Features
ViewNeighborhood

About this home

Attention Vacation Home Investors! The ultimate desert getaway plus high income producing property in the exclusive community of "The Montage at Santa Rosa." Your opportunity to own an amazing vacation home that pays for itself and provides income. Over 3,700 square feet of living space includes a primary bedroom and spa quality bathroom retreat; four other bedrooms with three full baths, including a private casita. Resort style backyard boasts a huge pool with waterfalls, a spa, a built in bar b que station, firepit, outdoor fireplace, putting green, water features/ fountains, all on a large lot with over 13,000 square feet. The community embraces short term rentals to accommodate the many events and functions now happening in the Coachella Valley. Expansive three car garage with incredible storage cabinet space. The gated courtyard leading to the entry is very desirable for privacy. A 6th bedroom is possible enclosing the original office space. Stainless steel appliances, kitchen breakfast bar built into the island, open to the family room with built ins, hearth seating and fireplace. Recessed lighting, surround sound system throughout, ceiling fans, zone heating and cooling, too many amenities to list. Just minutes away from Coachella, Stagecoach and the Polo Grounds. Make an appointment to see it today!

R
Ronda Smith
Listing Agent

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.5mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.2mi
3/10
Coachella Valley High School
Public,•9-12•4.5mi

Price History

Date
Event
Price
10/19/05
Sold
$706,000
Condition Rating
Good
Built in 2005, this property is 19 years old, fitting the 'Good' category's age range. The description highlights high-quality features such as a 'spa quality bathroom retreat,' 'stainless steel appliances,' 'recessed lighting,' 'zone heating and cooling,' and a 'surround sound system.' These indicate a well-appointed and functional home that is move-in ready with no immediate major renovations required. While no recent full renovation is explicitly mentioned, the existing features are of good quality and well-maintained.
Pros & Cons

Pros

High Income Potential & Short-Term Rental Friendly: Explicitly marketed as a 'high income producing property' in a community that 'embraces short term rentals,' making it an ideal investment for vacation home investors, especially given its proximity to major events.
Resort-Style Outdoor Living: The expansive 13,000+ sqft lot features a luxurious backyard with a huge pool (with waterfalls), spa, built-in BBQ, firepit, outdoor fireplace, putting green, and multiple water features, perfect for entertaining and relaxation.
Spacious & Versatile Layout with Casita: Offering over 3,700 sqft with 5 bedrooms and 5 baths, including a private casita, and the potential for a 6th bedroom, providing ample space and flexibility for large groups or multiple families.
Premium Interior Features & Comforts: Boasts a spa-quality primary bathroom retreat, stainless steel appliances, a kitchen island with breakfast bar, built-ins, fireplace, recessed lighting, surround sound system, and zone heating and cooling for optimal comfort.
Proximity to Major Event Venues: Located 'just minutes away from Coachella, Stagecoach and the Polo Grounds,' significantly enhancing its appeal and demand for short-term rentals during peak event seasons.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $210, which represents an additional recurring cost for the owner or investor.
Standard Neighborhood View: While the property 'has_view: true', the specific 'Neighborhood' view may not offer the same premium appeal or commanding presence as properties with more expansive mountain, golf course, or desert vistas often sought in resort communities.
Potential for Dated Elements (Built 2005): Built in 2005, some aspects of the property, though well-appointed at the time, may be approaching an age where updates or renovations could be desired by some buyers to align with current design trends or energy efficiency standards, as no recent major renovations are explicitly mentioned.
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