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81514 Avenue 50, Indio, California 92201, Indio, 92201 - 2 bed, 1 bath

81514 Avenue 50, Indio, California 92201 home-pic-0
ACTIVE$1,050,000$900/sqft
81514 Avenue 50, Indio, California 92201
2Beds
1Bath
900Sqft
37,897Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top 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 = 37897, living area = 900.
Top Cons:
Outdated Existing Structure: The current 900 sq ft home, built in 1935, is likely a tear-down candidate or requires substantial renovation, adding significant upfront costs.

Compared to the nearby listings

Price:$1.05M vs avg $550.0K (+$500,000)92%
Size:900 sqft vs avg 1,917 sqft1%
Price/sqft:$1.2K vs avg $302100%

More Insights

Built in 1935 (91 years old).
Condition: The property was built in 1935, making it nearly 90 years old. The MLS listing explicitly describes the existing 900 sq ft home as 'likely a tear-down candidate or requires substantial renovation.' All provided images are exterior or aerial, offering no view of the interior, including the kitchen or bathrooms. This lack of interior presentation, combined with the property's age and the listing's emphasis on land value and redevelopment potential, strongly indicates the current structure is considered beyond repair or not worth preserving in its current state, aligning with the 'tear-down' criteria.
Year Built
1935
Close
-
List price
$1.05M
Original List price
$1.05M
Price/Sqft
$1,167
HOA
-
Days on market
-
Sold On
-
MLS number
219140367DA
Home ConditionTear down
Features
Excellent View: Desert, Mountain(s), Panoramic
ViewDesert, Mountain(s), Panoramic

About this home

Unmatched Location - Steps from the Empire Polo Grounds! Investor's dream and a rare opportunity to own nearly 1 full acre directly across from the VIP entrance of the world-famous Coachella and Stagecoach music festivals! Located in the heart of Indio's Polo Fields, this prime parcel offers limitless potential--whether you're looking to develop a high-demand short-term rental, build your dream estate, or capitalize on one of the most sought-after locations in the Coachella Valley. The property currently features a 900 sq ft home and offers ample space for expansion or redevelopment. Zoned for endless possibilities, this is your chance to secure a front-row seat to the most iconic music and lifestyle events in the world. Ideal for: 1. ) Luxury vacation rental development 2.) Seasonal event hosting 3.) Private estate or compound. Don't miss your chance to own land in one of Southern California's most vibrant and fastest-growing event corridors

J
Jose Espinoza
Listing Agent
Condition Rating
Tear down
The property was built in 1935, making it nearly 90 years old. The MLS listing explicitly describes the existing 900 sq ft home as 'likely a tear-down candidate or requires substantial renovation.' All provided images are exterior or aerial, offering no view of the interior, including the kitchen or bathrooms. This lack of interior presentation, combined with the property's age and the listing's emphasis on land value and redevelopment potential, strongly indicates the current structure is considered beyond repair or not worth preserving in its current state, aligning with the 'tear-down' 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 = 37897, living area = 900.
Prime Event Location: Directly across from the VIP entrance of the Empire Polo Grounds, offering unparalleled access and demand for major events like Coachella and Stagecoach.
Exceptional Development Potential: Nearly one full acre with flexible zoning, ideal for luxury vacation rentals, seasonal event hosting, or a private estate/compound.
Strong Investment Opportunity: Positioned in a highly sought-after and rapidly growing event corridor, making it an 'investor's dream' with significant appreciation potential.
Generous Lot Size: The expansive 37,897 sq ft lot provides ample space for substantial new construction or extensive landscaping and amenities.
Scenic Views: Features desirable desert, mountain, and panoramic views, enhancing the property's aesthetic appeal.

Cons

Outdated Existing Structure: The current 900 sq ft home, built in 1935, is likely a tear-down candidate or requires substantial renovation, adding significant upfront costs.
High Price Point for Land Value: The $1.05 million list price primarily reflects the value of the land and its prime location, not the existing dwelling, which may limit buyers seeking a move-in ready home.
Event-Related Disturbances: Proximity to major music festivals means potential for significant noise, traffic congestion, and crowds during event seasons, impacting year-round residential tranquility.
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