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85624 Molvena Drive, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath

85624 Molvena Drive, Indio, California 92203 home-pic-0
ACTIVE$500,000$2,506/sqft
Est. Value: $572,735
14%
BelowEstimate
85624 Molvena Drive, Indio, California 92203
4Beds
3Baths
2,506Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($572,734.515) is $72,734.515 (14%) higher than the list price ($500,000). This property may be underpriced.

Key pros and cons

Top Pros:
Resort Community Lifestyle: Located in the highly desirable Four Seasons Terra Lago, offering access to world-class amenities including championship golf, resort-style pools, fitness facilities, and a vibrant social scene.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.

Compared to the nearby listings

Price:$500.0K vs avg $565.0K ($-64,950)30%
Size:2,506 sqft vs avg 2,147 sqft74%
Price/sqft:$200 vs avg $2753%

More Insights

Built in 2018 (8 years old).
Condition: This property was built in 2018, making it only 6 years old, which falls well within the 'newly built' criteria for an 'Excellent' rating. The kitchen features modern white shaker cabinetry, dark granite countertops, a subway tile backsplash, and stainless steel appliances, all appearing virtually new. Bathrooms are also modern with white vanities, clean countertops, and contemporary fixtures, including a spacious walk-in shower in the master. Flooring consists of well-maintained wood-look laminate and clean carpeting. Despite the 'as-is' and 'cosmetic refresh' notes, these refer to personalization rather than necessary repairs, as all major components and finishes are current, high-quality, and show no signs of wear or deferred maintenance.
Year Built
2018
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$200
HOA
$300
Days on market
-
Sold On
-
MLS number
219141233DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Four Seasons Terra Lago - Your Desert Canvas AwaitsDiscover an extraordinary opportunity to create your personal masterpiece in one of Indio's most sought-after resort communities. This expansive 2,506-square-foot residence offers 4 bedrooms, 3 baths, and the rare luxury of unobstructed desert tranquility - with no rear neighbors and captivating mountain views that stretch endlessly across the horizon.A Foundation of Luxury LivingSoaring high ceilings and an open floor plan create a sense of sophisticated spaciousness throughout. Natural light flows effortlessly through the home, highlighting the architectural bones that make this residence truly special. The inviting living room features a cozy fireplace - the perfect gathering spot for intimate evenings or entertaining guests.The chef's kitchen is a culinary enthusiast's dream, thoughtfully enhanced with additional custom cabinetry that maximizes storage and functionality. Whether you're preparing daily meals or hosting gourmet dinner parties, this kitchen delivers both form and function.Versatility Meets OpportunityThe front fourth bedroom presents possibilities - with simple modifications, the front fourth bedroom offers the possibility of private casita use, perfect for multigenerational living, guest accommodations, or a creative studio retreat. The two-car garage includes dedicated golf cart storage, seamlessly integrating the active Four Seasons lifestyle into your daily routine.Your Personal TouchThis home is a pristine blank canvas, ready for your vision and personal style. Sold as-is, it offers the discerning buyer a unique opportunity to infuse their own aesthetic preferences and create a truly custom desert sanctuary. Previous upgrades provide an excellent foundation, and the cosmetic refresh awaits your designer's eye.The Four Seasons Terra Lago LifestyleBeyond your private oasis, enjoy access to world-class amenities, championship golf, resort-style pools, fitness facilities, and the vibrant social scene that makes Terra Lago one of the Coachella Valley's premier communities.This is more than a home - it's your opportunity to craft the desert lifestyle you've always envisioned, in a setting where privacy, views, and luxury converge. This is the one you have been waiting to make an offer on. You will feel great getting this one before anyone else does.

S
Stephen Powell
Listing Agent

Price History

Date
Event
Price
03/28/18
Sold
$410,000
Condition Rating
Excellent
This property was built in 2018, making it only 6 years old, which falls well within the 'newly built' criteria for an 'Excellent' rating. The kitchen features modern white shaker cabinetry, dark granite countertops, a subway tile backsplash, and stainless steel appliances, all appearing virtually new. Bathrooms are also modern with white vanities, clean countertops, and contemporary fixtures, including a spacious walk-in shower in the master. Flooring consists of well-maintained wood-look laminate and clean carpeting. Despite the 'as-is' and 'cosmetic refresh' notes, these refer to personalization rather than necessary repairs, as all major components and finishes are current, high-quality, and show no signs of wear or deferred maintenance.
Pros & Cons

Pros

Resort Community Lifestyle: Located in the highly desirable Four Seasons Terra Lago, offering access to world-class amenities including championship golf, resort-style pools, fitness facilities, and a vibrant social scene.
Unobstructed Mountain Views & Privacy: Features rare unobstructed mountain views and no rear neighbors, providing exceptional desert tranquility and privacy.
Modern & Spacious Design: A 2018-built, expansive 2,506 sq ft residence with 4 beds/3 baths, boasting high ceilings, an open floor plan, and abundant natural light.
Flexible Living Space: The front fourth bedroom offers versatile potential for a private casita, ideal for guests, multi-generational living, or a dedicated creative studio.
Enhanced Kitchen & Lifestyle Amenities: Includes a chef's kitchen with custom cabinetry and a two-car garage with dedicated golf cart storage, catering to a luxurious desert lifestyle.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
Requires Cosmetic Investment: Presented as a 'blank canvas' needing a 'cosmetic refresh,' implying buyers will need to budget for immediate aesthetic updates and personalization to match their style.
Sold in As-Is Condition: The property is sold 'as-is,' which means the seller will not undertake repairs, potentially exposing the buyer to unforeseen costs for necessary maintenance or upgrades beyond cosmetic.
Ongoing Monthly Association Fees: An ongoing monthly association fee of $300 adds to the cost of ownership, which may be a consideration for budget-conscious buyers despite the included amenities.
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