
Indio, California 92201
This Strategic Value-Add Residence in the gated Indian Palms community is listed at $655,000, positioned above the $561,279 Fair Market Value. Despite the premium, the property offers a rare financial lever with an FHA Assumable Loan at 4%, providing a significant hedge against current interest rates. Holding a Fair Condition Rating, the home features high-value functional upgrades including an Owned Solar System and a Pebble-Tec Pool. Located near the Empire Polo Grounds and served by Dr. Reynaldo J. Carreon Jr. Academy, this is a prime acquisition for Short-Term Rental Investors or Value-Add Buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82223 Vandenberg Drive Subject | $655,000* List Price | 3 | 2 | 2,111 | $266 | - |
A 82300 Vandenberg Court Sold | $479,800 | 3 | 3 | 2,180 | $220 | 0.1 mi |
B 47748 Calle Hermosa Sold | $525,000 | 4 | 3 | 2,061 | $255 | 1.0 mi |
C 49475 Redford Way Sold | $640,000 | 3 | 4 | 2,088 | $307 | 0.9 mi |
D 49335 Douglas Street Sold | $600,000 | 4 | 3 | 2,495 | $240 | 0.6 mi |
E 82515 Grant Drive Sold | $502,000 | 3 | 2 | 1,704 | $295 | 0.8 mi |
F 82537 Doolittle Drive Sold | $540,000 | 3 | 3 | 2,360 | $229 | 0.5 mi |
G 82151 Hanson Drive Active Under Contract | $520,000 List Price | 4 | 3 | 2,377 | $219 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is well-maintained with significant functional upgrades like a new water heater, pool heater, and owned solar system. The kitchen features stainless steel appliances and an updated backsplash, but the floor tile is notably dated. Bathrooms are clean with updated hardware, but the lighting and overall style appear to be from an older renovation. While move-in ready, many aesthetic elements show their age and would require updates for a modern feel, aligning with the 'Fair' condition criteria.
The property boasts a fully owned solar system, brand-new water heater, and pool heater, offering significant cost savings and enhanced peace of mind for the homeowner.
A private backyard features a sparkling pebble-tec pool, covered patio, mature landscaping, and a grassy lawn, creating an ideal setting for relaxation and entertaining.
Located in the desirable Indian Palms gated golf community, residents enjoy access to golf, hiking trails, community pools, and close proximity to the Empire Polo Grounds, casinos, shopping, and dining.
Built in 1983, while thoughtfully maintained, some aspects of the home's design or finishes may be considered dated by buyers seeking modern aesthetics.
The assigned middle school (Thomas Jefferson Middle School) has a rating of 3, and the high school (Indio High School) has a rating of 4, which may be a concern for families prioritizing top-tier public education.
In Indio's desert climate, the lack of explicit mention of a modern or recently upgraded central air conditioning system could suggest an older, less efficient unit, or a potential area for future investment.
Welcome to your desert retreat in the gated golf community of Indian Palms, Indio. This 3-bedroom, 2-bathroom single-level home spans 2,111 sq. ft. and offers an inviting blend of comfort and functionality. Thoughtfully maintained, it features a brand-new water heater, pool heater, and a fully owned solar system--bringing efficiency and peace of mind.Inside, the open floor plan flows seamlessly from the kitchen and dining area into a step-down living room, highlighted by a white brick fireplace, wet bar, and expansive windows that bathe the space in natural light. The kitchen is well-equipped with stainless steel appliances, ample counter space, and a cozy breakfast bar with built-in storage. The primary suite includes direct patio access, a large mirrored closet, and an en-suite bathroom with dual sinks, a makeup station, jetted tub, and separate shower. Two additional bedrooms offer flexibility for guests, an office, or creative space.Step outside to a private backyard oasis designed for both relaxation and entertaining. A covered patio overlooks the sparkling pebble-tec pool, while mature landscaping creates a serene atmosphere. A grassy lawn tucked behind lush foliage adds extra space for pets or play.Located on a quiet street, this home offers access to community amenities including hiking trails, pools, and, of course, golf. With the Empire Polo Grounds just minutes away, plus nearby casinos, shopping, and dining, the lifestyle opportunities are unmatched. Whether you're seeking a primary residence, seasonal escape, or investment property, this home delivers on every level.ATTN Investors, FHA Assumable @ 4%
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 2,111 | 1,995 | 58% |
| Lot Size | 7,405 | 6,534 | 61% |
| Price | $655.0K | $569.0K | 68% |
| Price per sq ft | $310 | $299 | 55% |
| Built year | 1983 | 2004 | 11% |
| HOA | $48.0 | $222 | 24% |
| Days on market | 140 | 176 | 33% |
Dec 3, 2025
$655,000
Initial Listing
May 4, 2022
$560,000
Public Record
Feb 7, 2012
$172,000
Public Record