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40947 Corte Pelicano, Indio, California 92203, Indio, 92203 - 2 bed, 2 bath

40947 Corte Pelicano, Indio, California 92203 home-pic-0
ACTIVE$519,000
40947 Corte Pelicano, Indio, California 92203
2Beds
2Baths
1,763Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($432,613.97) is $86,386.03 (16%) lower than the list price ($519,000). This property may be overpriced.

Key pros and cons

Top 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 = 7405, living area = 1763.
Top Cons:
Potential Overpricing: The current listing price of $519,000 is significantly higher than the automated property estimation of $432,613.97, suggesting it may be perceived as overpriced relative to market data.

Compared to the nearby listings

Price:$519.0K vs avg $570.0K ($-51,000)34%
Size:1,763 sqft vs avg 2,147 sqft29%
Price/sqft:$294 vs avg $27465%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this property is 16 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, double ovens, granite countertops, and 42-inch quality cabinets, all appearing well-maintained and functional. Bathrooms include an oval tub, separate glass-enclosed shower, and double vanities, also in good condition. While the style is more traditional than newly renovated, all major components are well-maintained, and the property shows minimal wear and tear, aligning perfectly with the 'Good' criteria.
Year Built
2008
Close
-
List price
$519K
Original List price
$535K
Price/Sqft
$294
HOA
$369
Days on market
-
Sold On
-
MLS number
219125747DA
Home ConditionGood
Features
Patio
View-

About this home

Exceptional TURNKEY Avalino model - one of the most popular homes. It provides the right features starting at the curb appeal such as the painted driveway which extends to the walk way, great landscaping and located on a cul-de-sac. Wide open kitchen with stool height breakfast bar overlooking the great room. There are stainless steel appliances with double ovens, granite counter tops 42 inch quality cabinets and a walk-in pantry. A dining area looks out to backyard. The large master suite has an oval tub, separate glass enclosed shower and a sizeable walk-in closet. The very private second bedroom also offers a nice walk-in closet. The den is near the master bedroom. The laundry room is perfect with lots of cabinets, deep tub, and counter space . The garage has epoxy flooring. Gorgeous landscaped backyard filled with beautiful palm trees and provides a very private setting. Dine out under the stars, with your extended patio ad cover which goes along the whole back of the home. This home shows like a model.

Nearby schools

4/10
Andrew Jackson Elementary School
Public,•K-5•1.7mi
6/10
Ronald Reagan Elementary School
Public,•K-5•4.4mi
4/10
Desert Ridge Academy
Public,•6-8•2.3mi
5/10
Shadow Hills High School
Public,•9-12•2.0mi
Condition Rating
Good
Built in 2008, this property is 16 years old and presents as move-in ready with no immediate renovations required. The kitchen features stainless steel appliances, double ovens, granite countertops, and 42-inch quality cabinets, all appearing well-maintained and functional. Bathrooms include an oval tub, separate glass-enclosed shower, and double vanities, also in good condition. While the style is more traditional than newly renovated, all major components are well-maintained, and the property shows minimal wear and tear, aligning perfectly with the 'Good' criteria.
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 = 7405, living area = 1763.
Turnkey & Popular Model: The property is an 'Exceptional TURNKEY Avalino model,' noted as one of the most popular home designs, indicating high demand and move-in readiness.
Excellent Curb Appeal & Location: Features include a painted driveway, great landscaping, and a desirable cul-de-sac location, enhancing its visual appeal and privacy.
Well-Appointed Kitchen: The kitchen boasts a wide-open layout with a breakfast bar, stainless steel appliances, double ovens, granite countertops, 42-inch quality cabinets, and a walk-in pantry.
Luxurious Master Suite: The large master suite offers an oval tub, a separate glass-enclosed shower, and a sizeable walk-in closet, providing a comfortable and private retreat.
Private & Landscaped Backyard: The gorgeous landscaped backyard features beautiful palm trees, an extended patio cover, and a very private setting, ideal for outdoor living and entertaining.

Cons

Potential Overpricing: The current listing price of $519,000 is significantly higher than the automated property estimation of $432,613.97, suggesting it may be perceived as overpriced relative to market data.
Absence of Premium Views: Unlike some higher-priced comparable properties in the community, the description does not mention premium views such as golf course, lake, or panoramic mountain views, which can be a significant value driver.
Limited Explicit Upgrades: While well-maintained, the description does not highlight recent major system upgrades (e.g., AC replacement) or luxury outdoor features (e.g., custom pool/spool, built-in BBQ) found in some top-tier comparable sales, potentially limiting its competitive edge at this price point.

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