
Indio, California 92201
This Versatile Residential Asset is a Strong Value Opportunity, listed at $440,000—positioned well below the $482,946 Fair Market Value by 8%. This valuation gap provides $42,946 in Instant Equity for incoming buyers. While maintaining a Vintage Condition Rating of 4, the home offers a rare 5-bedroom, 4-bathroom layout and scenic Mountain Views. Its proximity to world-famous music festivals drives significant short-term rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility desert home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82278 Mountain View Avenue Subject | $440,000* List Price | 5 | 4 | 1,955 | $247 | - |
A 82367 Mountain View Avenue Pending | $454,900 List Price | 4 | 3 | 1,676 | $271 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is exceptionally well-maintained but remains largely in a vintage state consistent with its 1965 build date. The kitchen features dated oak-style cabinetry, laminate countertops, and older white appliances, while the bathrooms retain older fixtures and wallpaper. Interior elements such as popcorn ceilings, wall-mounted AC units, and older carpeting indicate that while the home is functional and move-in ready, it requires significant cosmetic and system modernizations to meet current market standards.
The property's proximity to world-famous music festivals and its 5-bedroom configuration make it an ideal candidate for a high-yield short-term rental or investment property.
Offering 5 bedrooms and 4 bathrooms, this home provides a rare and highly functional layout that accommodates large groups or multi-generational families comfortably.
The property features desirable mountain views, enhancing the overall desert lifestyle appeal and providing a picturesque backdrop for residents and guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1955, other record living area = 1566. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Built in 1965, the property may require updates to major systems or cosmetic modernizations to compete with newer builds in the Indio market.
Fitting five bedrooms into under 2,000 square feet suggests that individual room sizes may be small, potentially creating a cramped feel for some occupants.
Welcome home to 82278 Mountain Ave This well maintained 5 bedroom, 4 bath home (2 full, 2 half) offers over 1,900 square feet of comfortable living space on a large lot. The property has a warm, inviting family feel with bright, open interiors and pride of ownership throughout. Located close to world famous music festivals, it presents excellent short term rental potential and strong investment growth for buyers seeking both lifestyle and income opportunity. Spacious, cared for, and ideally positioned for family living or festival focused investment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 87% |
| Baths | 4.0 | 3.0 | 82% |
| Square foot | 1,955 | 1,990 | 48% |
| Lot Size | 6,970 | 6,534 | 53% |
| Price | $440.0K | $567.0K | 19% |
| Price per sq ft | $225 | $299 | 7% |
| Built year | 1965 | 2004 | 7% |
| HOA | $0 | $222 | 23% |
| Days on market | 8 | 177 | 0% |
Apr 15, 2026
$440,000
Initial Listing