82372 Arlene Court, Indio, California 92201, Indio, 92201 - 3 bed, 2 bath
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Indio, California 92201
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $378,259 Fair Market Value by -12%. While the home carries a Condition Rating of 5, its proximity to the Empire Polo Club and short-term rental eligibility make it a prime candidate for value-add renovations. The generous 6,098 sq. ft. lot offers significant upside for outdoor enhancements. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers looking to build equity through targeted improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82372 Arlene Court Subject | $425,000* List Price | 3 | 2 | 1,118 | $338 | - |
A 82474 Priscilla Court Sold | $440,000 | 3 | 3 | 1,276 | $345 | 0.1 mi |
B 82284 Olivera Way Active | $380,000 List Price | 4 | 2 | 1,250 | $304 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1985 (41 years old) with no mention of recent renovations, the property exceeds the 30-year threshold for original condition. The listing description's focus on 'endless potential' and 'savvy investors' typically indicates dated interiors and systems that require a full rehab to meet modern standards.
The property is short-term rental approved and located minutes from the Empire Polo Club, making it an ideal asset for generating income during the Coachella and Stagecoach festivals.
Situated in a sought-after Indio neighborhood, the home offers excellent proximity to shopping, dining, golf courses, and major commuter routes, enhancing daily convenience.
The generous 6,098 sq. ft. lot provides a large backyard with significant potential for creating a custom outdoor oasis, pool, or entertaining area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1985, the home may require modern cosmetic updates or maintenance to aging systems to compete with newer residential developments in the area.
While the elementary school is highly rated, the assigned middle and high schools have lower performance scores, which may be a consideration for families prioritizing education.
Welcome to this charming 3-bedroom, 2-bathroom home offering 1,198 sq. ft. of living space on a generous 6,098 sq. ft. lot. Perfect for first-time homebuyers or savvy investors, this property offers comfort, value, and endless potential.Enjoy a functional floor plan, spacious backyard, and plenty of room to create your ideal outdoor living space. Conveniently located near shopping, schools, dining, golf courses, and major commuter routes, this home is just minutes from the Empire Polo Club, home to the world-renowned Coachella Valley Music and Arts Festival and Stagecoach Festival, making it an excellent opportunity in one of Indio's most sought-after locations.Short-term rental approved, but buyers are encouraged to verify Airbnb and short-term rental eligibility with the City of Indio, as local regulations and permit requirements apply.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,118 | 1,953.5 |
| Lot Size | 6,098 | 6,970 |
| Price | $425.0K | $544.5K |
| Price per sq ft | $380 | $281 |
| Built year | 1985 | 2005 |
| HOA | $0 | $280 |
| Days on market | 16 | 80 |
Jul 6, 2026
$425,000
Initial Listing
Apr 3, 2009
$98,000
Public Record
Sep 30, 1999
$77,000
Public Record