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82770 Matthau Drive, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

82770 Matthau Drive, Indio, California 92201 home-pic-0
ACTIVE$595,000
82770 Matthau Drive, Indio, California 92201
4Beds
3Baths
1,947Sqft
5,667Lot
Year Built
2004
Close
-
List price
$595K
Original List price
$620K
Price/Sqft
$306
HOA
$274
Days on market
-
Sold On
-
MLS number
219129553DA
Home ConditionExcellent
Features
Pool
Spa
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 21% below the list price. We found 3 Cons,5 Pros. Rank: price - $595.0K(54th), sqft - 1947(56th), beds - 4(57th), baths - 3(50th).

Ye this home is Airbnb approved!!! the association allows short term rentals!!!Stunning Home in Indian Palms Country Club-Walk to Coachella & Stagecoach!Welcome to your dream getaway in the heart of Indian Palms Country Club! Whether you're looking for a prime short-term rental investment or a beautiful full-time residence, this home checks all the boxes.Located within walking distance to Coachella Fest and Stagecoach, this property is ideal for festival-goers, snowbirds, or families looking for a comfortable and stylish home. Property features:3 spacious bedrooms plus an office2/5 bathroomsPrivate pool and spa- your own desert oasis!Freshly updated with new paint and new carpetBeautiful kitchen featuring stainless steel appliances, granite countertops, and a large island prefect for casual dining or entertaining. Gated subdivision with 24/7 securityAccess to golf course, clubhouse, bar and restaurantMultiple community pools\Peaceful, resort-style setting with lush landscaping.Whether you're looking to launch a profitable short-term rental or move into lovely home in a vibrant community, this property offers unbeatable value and an exceptional location.

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,•K-5•1.6mi
3/10
Thomas Jefferson Middle School
Public,•6-8•1.8mi
4/10
Indio High School
Public,•9-12•2.3mi
Condition Rating
Excellent
This property, built in 2004, has been 'freshly updated with new paint and new carpet,' indicating recent and extensive renovations. The kitchen features modern stainless steel appliances, granite countertops, and a large island, all appearing in excellent condition in the images. Bathrooms also show contemporary fixtures and tiling. The overall aesthetic is clean, modern, and move-in ready with no visible signs of wear or deferred maintenance, aligning with the criteria for an extensively renovated property within the last 5 years.
Pros & Cons

Pros

Short-Term Rental Approved: The property is explicitly approved for short-term rentals by the association, making it an ideal investment for generating income, especially given its proximity to major festivals.
Prime Festival Location: Located within walking distance to Coachella Fest and Stagecoach, offering a highly desirable and unique selling point for festival-goers and a strong draw for rental guests.
Private Pool and Spa: Features a private pool and spa, providing a personal desert oasis that enhances lifestyle appeal and significantly boosts its attractiveness as a vacation rental.
Updated Interior & Upgraded Kitchen: Recently updated with new paint and new carpet, and boasts a beautiful kitchen with stainless steel appliances, granite countertops, and a large island, offering a modern and move-in ready living space.
Extensive Gated Community Amenities: Part of a gated subdivision with 24/7 security, offering access to a golf course, clubhouse, bar, restaurant, and multiple community pools, providing a resort-style living experience.

Cons

Significant Price Discrepancy: The listing price of $595,000 is substantially higher (21% above) the estimated property value of $465,385.485, suggesting it may be overpriced relative to market expectations or comparable properties.
Recurring HOA Fees: The monthly association fee of $274 adds a recurring cost to ownership, which buyers must factor into their budget.
Lack of Specific Premium Views: While in a resort-style setting, the description does not highlight specific premium views (e.g., golf course, mountain, water) that are often sought after and present in some comparable properties within the community.

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