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42941 Cusino Court, Indio, California 92203, Indio, 92203 - 3 bed, 2 bath

42941 Cusino Court, Indio, California 92203 home-pic-0
ACTIVE$499,000
42941 Cusino Court, Indio, California 92203
3Beds
2Baths
1,910Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($487,308.115) is $11,691.885 (2%) lower than the list price ($499,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional 55+ Community & Amenities: Highly-rated Four Seasons Terra Lago offers resort-style living with extensive amenities including golf, pools, fitness center, tennis, pickleball, and social activities, catering perfectly to the target demographic.
Top Cons:
Limited Buyer Pool (55+ Restriction): The 55+ age restriction significantly narrows the potential buyer market, which could impact demand and time on market compared to unrestricted properties.

Compared to the nearby listings

Price:$499.0K vs avg $570.0K ($-71,000)25%
Size:1,910 sqft vs avg 2,147 sqft35%
Price/sqft:$261 vs avg $27437%

More Insights

Built in 2016 (9 years old).
Condition: Built in 2016, this property is only 8 years old, falling well within the 'built within 10 years' criteria for an excellent rating. The home is described as 'immaculate' and the images confirm a very well-maintained condition with high-quality finishes throughout. The kitchen features modern stainless steel appliances, granite countertops, and contemporary lighting, all in excellent condition. Bathrooms appear equally well-maintained and functional. The consistent tile flooring, crown molding, and plantation shutters add to the property's pristine appearance, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2016
Close
-
List price
$499K
Original List price
$527K
Price/Sqft
$261
HOA
$272
Days on market
-
Sold On
-
MLS number
SW25020927
Home ConditionExcellent
Features
Patio
ViewMountain(s), Panoramic

About this home

Welcome to Four Seasons at Terra Lago!!! MASSIVE PRICE IMPROVEMENT from a VERY MOTIVATED SELLER!!!This gem is located in a highly desirable 55+ Community; which has been recognized by private communities as one of the Top. Step inside through a beautifully crafted custom front door that offers natural light. Home features crown molding, tile and plantation shutters throughout along with beautiful finishes. Interior features 2 beds, 2 bath and a nice study or den that could easily be converted to a third bedroom. This home is immaculate! Backyard offers the tranquility of a fountain to truly sit back and relax and enjoy your retirement. Low maintenance front yard with added turf for a little extra curb appeal. You don't come to this community to slow down, you come to step it up!!! Enjoy the Resort-style living in this golf cart community with exceptional amenities including fitness center, indoor heated pool, spa, tennis court, pickleball, golf course, and The Lodge Clubhouse; along with fun filled activities through the whole year.

Condition Rating
Excellent
Built in 2016, this property is only 8 years old, falling well within the 'built within 10 years' criteria for an excellent rating. The home is described as 'immaculate' and the images confirm a very well-maintained condition with high-quality finishes throughout. The kitchen features modern stainless steel appliances, granite countertops, and contemporary lighting, all in excellent condition. Bathrooms appear equally well-maintained and functional. The consistent tile flooring, crown molding, and plantation shutters add to the property's pristine appearance, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Exceptional 55+ Community & Amenities: Highly-rated Four Seasons Terra Lago offers resort-style living with extensive amenities including golf, pools, fitness center, tennis, pickleball, and social activities, catering perfectly to the target demographic.
Modern & Meticulously Maintained Interior: Built in 2016, the home is in immaculate condition with quality finishes like crown molding, tile, and plantation shutters, providing a move-in ready experience.
Flexible Living Space: The floor plan includes 2 bedrooms, 2 bathrooms, and a versatile den/study that can easily convert to a third bedroom, accommodating various lifestyle needs.
Low-Maintenance Outdoor Living: The property features a tranquil backyard with a fountain and a low-maintenance front yard with artificial turf, ideal for relaxed retirement living.
Desirable Views: The property offers mountain and panoramic views, enhancing its aesthetic appeal and desirability.

Cons

Limited Buyer Pool (55+ Restriction): The 55+ age restriction significantly narrows the potential buyer market, which could impact demand and time on market compared to unrestricted properties.
Recent Price Reduction & Seller Motivation: A 'MASSIVE PRICE IMPROVEMENT' and 'VERY MOTIVATED SELLER' combined with the price history (original $527k, now $499k) may signal initial overpricing or difficulty selling, potentially raising buyer skepticism.
Ongoing Association Fees: The monthly association fee of $272, while covering extensive amenities, represents a significant recurring cost that adds to the overall ownership expense.

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