82940 Wheatley Court, Indio, California 92201, Indio, 92201 - 3 bed, 2 bath

82940 Wheatley Court, Indio, California 92201 home-pic-0
ACTIVE$910,000
82940 Wheatley Court, Indio, California 92201
3Beds
2Baths
1,946Sqft
7,841Lot
Year Built
2014
Close
-
List price
$910K
Original List price
$910K
Price/Sqft
$468
HOA
-
Days on market
-
Sold On
-
MLS number
219083504DA
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 22% below the list price. We found 3 Cons,6 Pros. Rank: price - $910.0K(91th), sqft - 1946(56th), beds - 3(50th), baths - 2(50th).

Welcome to Whittier Ranch. This Jewel in the desert is nestled in the beautiful City of Indio. Perfectly located just a short drive from the famous Coachella and Stagecoach Festival grounds. This property is the perfect home for a first time buyer or short term rental with no HOA fees. The property features an open floor plan with 3 bedrooms and 2 full bathrooms. This entertainers delight offers a spacious kitchen with granite countertops throughout and a nice backyard patio to sit back relax and watch the beautiful sunset in the evenings. Exterior landscape design is upgraded with mature plants and lighting. Lastly the 3 car garage with professionally installed Epoxy flooring makes it a durable surface for your vehicles. The opportunity to own this peace of paradise is here and ready to make your own. Please note living room, Dining room, one bedroom virtual office and Backyard photos of pool, patio furniture, fire pit are virtually staged. Don't hesitate to come by and see.

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,K-50.9mi
8/10
Martin Van Buren Elementary School
Public,K-51.0mi
3/10
Thomas Jefferson Middle School
Public,6-80.7mi
4/10
Indio High School
Public,9-121.4mi
Condition Rating
Good

Built in 2014, this property is move-in ready and well-maintained, aligning with the 'Good' condition criteria. The kitchen features functional stainless steel appliances and granite countertops, complemented by dark wood cabinetry, which is consistent with its build year. Bathrooms are clean with similar cabinetry and standard fixtures. Flooring is a mix of tile in main areas and carpet in bedrooms, all appearing in good condition. While the overall style is solid and functional, it reflects its 2014 construction rather than a recent, extensive renovation to the latest trends, preventing an 'Excellent' rating. The property shows minimal wear and tear, and major systems are within their expected lifespan.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1946.
No HOA Fees: The property benefits from having no HOA fees, which significantly reduces monthly ownership costs and enhances its appeal for both primary residents and investors.
Short-Term Rental Potential & Location: Its prime location near the Coachella and Stagecoach Festival grounds, coupled with no HOA restrictions, makes it an ideal candidate for lucrative short-term rental income.
Modern Construction & Interior Features: Built in 2014, the home features a desirable open floor plan, a spacious kitchen with granite countertops, and 3 bedrooms with 2 full bathrooms, offering contemporary living.
Upgraded Exterior & Garage: The property boasts an upgraded exterior with mature landscaping and lighting, along with a functional 3-car garage featuring professionally installed epoxy flooring.
Mountain Views & Outdoor Living: Enjoyable mountain views and a nice backyard patio provide a pleasant outdoor space for relaxation and watching sunsets.

Cons

Significant Overpricing: The current listing price of $910,000 is substantially higher than the estimated property value of $701,062.9 and recent comparable sales, indicating a potential overvaluation.
Absence of Private Pool/Spa: Despite virtual staging in photos, the property does not include a private pool or spa, which is a highly desirable amenity in the Indio climate and a common feature among competitive properties for short-term rentals.
Misleading Virtual Staging: The use of virtual staging for a pool, patio furniture, and fire pit in the backyard photos, when these features are not physically present, could create false expectations and disappoint potential buyers.

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