40804 Varese St, Indio, California 92203, Indio, 92203 - 4 bed, 4 bath

40804 Varese St, Indio, California 92203 home-pic-0
ACTIVE$699,000
40804 Varese St, Indio, California 92203
4Beds
4Baths
2,820Sqft
8,267Lot

Price Vs. Estimate

The estimated value ($693,791.11) is $5,208.89 (0%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern & Turnkey Condition: Built in 2021, this single-story home boasts an impressive open floor plan, a grand quartz island kitchen with stainless steel double ovens, luxurious primary bath, and plantation shutters, offering a move-in ready, contemporary living experience.
Top Cons:
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price ($789,999 to $699,000), which may indicate initial overpricing or challenges in attracting buyers at the higher valuation.

Compared to the nearby listings

Price:$699.0K vs avg $570.5K (+$128,500)77%
Size:2,820 sqft vs avg 2,160.5 sqft86%
Price/sqft:$248 vs avg $27426%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it virtually new. The kitchen features a grand quartz island, stainless steel double oven, and modern cabinetry. Bathrooms are luxurious with a step-in shower and large tub. All components, including flooring, light fixtures, and systems, are new or virtually new, meeting current quality standards with no visible deferred maintenance.
Year Built
2021
Close
-
List price
$699K
Original List price
$790K
Price/Sqft
$248
HOA
$205
Days on market
-
Sold On
-
MLS number
250027972SD
Home ConditionExcellent
Features
Good View:
Patio
View-

About this home

Single story home in the gated Paradiso Community in Indio. The courtyard leads you to the impressive open floor plan. The kitchen has a grand quartz island, stainless steel double oven, and walk-in pantry. The spacious living room with a fireplace is relaxing. 4 bedrooms with walk-in closets + a den that can be an office or a game room. The primary bathroom is luxurious with a step-in shower and a big tub. Plantation shutters and ceiling fans throughout the house. The front and backyard have been beautifully hardscaped and landscaped. Backyard fans will keep you cool in the summertime while enjoying the mountain views. Paid Solar, low HOA fees, excellent location close to Shadow Hills Golf Course, hiking trails, parks, and shopping.

Nearby schools

4/10
Andrew Jackson Elementary School
Public,K-51.6mi
4/10
Desert Ridge Academy
Public,6-82.6mi
5/10
Shadow Hills High School
Public,9-122.3mi
Condition Rating
Excellent

This property was built in 2021, making it virtually new. The kitchen features a grand quartz island, stainless steel double oven, and modern cabinetry. Bathrooms are luxurious with a step-in shower and large tub. All components, including flooring, light fixtures, and systems, are new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Modern & Turnkey Condition: Built in 2021, this single-story home boasts an impressive open floor plan, a grand quartz island kitchen with stainless steel double ovens, luxurious primary bath, and plantation shutters, offering a move-in ready, contemporary living experience.
Energy Efficiency & Cost Savings: The property features paid solar panels and ceiling fans throughout, significantly reducing utility costs and providing long-term savings for the homeowner.
Gated Community & Prime Location: Located within the secure, gated Paradiso Community with low HOA fees, and offering an excellent location close to Shadow Hills Golf Course, hiking trails, parks, and shopping, enhancing lifestyle and convenience.
Spacious & Versatile Layout: With 4 bedrooms, all featuring walk-in closets, plus a versatile den that can serve as an office or game room, the home provides ample and flexible living space for various needs.
Enhanced Outdoor Living: The beautifully hardscaped and landscaped front and backyard, complete with backyard fans for cooling and mountain views, create an inviting and comfortable outdoor entertainment area.

Cons

Significant Price Reduction: The property has undergone a substantial price reduction from its original list price ($789,999 to $699,000), which may indicate initial overpricing or challenges in attracting buyers at the higher valuation.
Absence of Private Pool/Spa: Despite being in Indio where private pools are highly desired for combating the desert heat, this property does not include a private pool or spa, which could be a drawback for some prospective buyers.
HOA Restrictions: While HOA fees are low, living in a gated community typically involves adherence to specific rules and regulations that may limit a homeowner's autonomy regarding exterior modifications or certain property uses.

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