82620 Grant Drive, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath
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Indio, California 92201
This property presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned well below the $536,260 Fair Market Value by 2%. This valuation gap offers $11,260 in Instant Equity. Featuring a Condition Rating of 4, the home includes a new 2026 HVAC system and unobstructed golf course views. While the interior requires cosmetic updates, the unlimited short-term rental zoning makes this an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in a resort-style community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 82620 Grant Drive Subject | $525,000* List Price | 4 | 3 | 2,495 | $215 | - |
A 82420 Astaire Avenue Sold | $575,000 | 4 | 3 | 2,617 | $220 | 0.6 mi |
B 49335 Douglas Street Sold | $600,000 | 4 | 3 | 2,495 | $240 | 0.2 mi |
C 49355 Biery Street Sold | $565,000 | 4 | 4 | 2,264 | $250 | 0.2 mi |
D 82151 Hanson Drive Sold | $465,000 | 4 | 3 | 2,377 | $196 | 0.8 mi |
E 48834 Barrymore Sold | $505,000 | 3 | 3 | 2,180 | $232 | 0.6 mi |
F 82783 Burnette Drive Sold | $499,999 | 3 | 3 | 2,092 | $239 | 0.3 mi |
G 82707 Scenic Drive Sold | $410,000 | 3 | 3 | 1,842 | $223 | 0.2 mi |
H 49568 Minelli Sold | $445,000 | 3 | 2 | 1,943 | $229 | 0.4 mi |
I 82620 Grant Drive Active | $549,000 List Price | 4 | 3 | 2,495 | $220 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is over 20 years old and retains most original finishes. While the HVAC system is a significant recent upgrade (2026), the interior features dated oak cabinetry, older tile work, and carpet showing visible wear, indicating a need for cosmetic updates and minor repairs to meet modern standards.
Situated in a rare section of the community that permits unlimited short-term rentals, this property offers exceptional income-producing potential for investors.
The home features a covered patio with serene views overlooking the 3rd green of the Royal Course and the mountains, providing a premium desert lifestyle.
The inclusion of a newly installed, energy-efficient HVAC system (March 2026) ensures lower utility costs and immediate peace of mind for the buyer.
The assigned middle and high schools have relatively low academic ratings (3 and 4 respectively), which may impact the property's appeal to families.
Although marketed as a 4-bedroom home, it is currently configured as a 3-bedroom layout, which may require additional investment to restore the fourth bedroom.
An Exciting Opportunity Awaits at Indian Palms Country Club!Welcome to this inviting home offering 4 bedrooms (currently configured as a 3-bedroom layout), 2 full bathrooms, and a convenient half bath, all within nearly 2,500 square feet of thoughtfully designed living space. Additional highlights include a spacious 3-car garage and a newly installed, energy-efficient HVAC system (March 2026).Step inside to an open and airy floor plan featuring a formal living room, formal dining room, and a generously sized island kitchen with a breakfast nook. The seamless flow between the living spaces creates the perfect setting for everyday living, family gatherings, and entertaining.Relax on the covered patio while enjoying peaceful golf course views overlooking the 3rd green of the Royal Course. Located in one of the few areas of the community that allows unlimited short-term rentals, this property also offers exceptional income-producing potential.Residents of Indian Palms Country Club enjoy an impressive array of resort-style amenities, including a clubhouse, multiple community pools and spas, tennis and pickleball courts, basketball courts, a fitness center, and more.Whether you're searching for a full-time residence, a seasonal retreat, or a high-potential investment property, this home offers an outstanding opportunity to enjoy the best of desert living.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,495 | 1,953.5 |
| Lot Size | 6,098 | 6,970 |
| Price | $525.0K | $544.5K |
| Price per sq ft | $210 | $281 |
| Built year | 2003 | 2005 |
| HOA | $277.0 | $280 |
| Days on market | 25 | 80 |
Jun 27, 2026
$525,000
Initial Listing
May 23, 2003
$273,500
Public Record