47666 Margarita Street, Indio, California 92201, Indio, 92201 - 4 bed, 3 bath

47666 Margarita Street, Indio, California 92201 home-pic-0
ACTIVE$695,000
47666 Margarita Street, Indio, California 92201
4Beds
3Baths
2,125Sqft
7,405Lot
Year Built
2002
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
$327
HOA
-
Days on market
-
Sold On
-
MLS number
219139369DA
Home ConditionExcellent
Features
Good View:
Pool
Spa
Patio
View-

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $695.0K(80th), sqft - 2125(65th), beds - 4(57th), baths - 3(50th).

Welcome to this renovated desert sanctuary nestled in North Indio, with no HOA fees, perfectly positioned just moments away from world renowned events. This exquisitely renovated 4 bedroom, 3 bathroom residence comes fully furnished and presents an exceptional dual opportunity. Whether you envision a tranquil personal retreat for your own enjoyment or a flexible rental investment (short term, seasonal or long term). The interiors greet you with a meticulously chosen modern upgrades, including resilient luxury vinyl flooring that combines aesthetic appeal with robust durability and gleaming quartz countertops. The expansive backyard features a pristine Pebble-Tec pool and spa, a putting green and a multitude of inviting seating arrangements. The grounds boast low-maintenance artificial turf alongside lush green spaces perfect for lounging and ample room for an RV with electrical hookup already in place for extra guests. A generously sized covered patio provides essential shade and comfort during the desert's warm days, ensuring you and your guest can relax in style.

Nearby schools

8/10
Martin Van Buren Elementary School
Public,K-50.9mi
3/10
Thomas Jefferson Middle School
Public,6-80.7mi
4/10
Indio High School
Public,9-121.5mi

Price History

Date
Event
Price
11/30/25
Listing
$695,000
03/28/22
Sold
$620,000
03/17/10
Sold
$157,000
01/30/03
Sold
$206,500
Condition Rating
Excellent

Despite being built in 2002, the property has undergone an extensive and exquisite renovation, as stated in the description and clearly visible in the images. The kitchen features new white and gray shaker-style cabinets, gleaming quartz countertops, modern black hardware, and stainless steel appliances, all appearing virtually new. Bathrooms are similarly updated with modern vanities, quartz countertops, contemporary black fixtures, and clean tiling. Luxury vinyl flooring is installed throughout, and lighting includes recessed lights and modern ceiling fans. The overall condition reflects a property that has been recently updated to current quality standards with no visible deferred maintenance, aligning perfectly with the 'excellent' criteria for an extensively renovated home.
Pros & Cons

Pros

Extensive Renovation & Modern Finishes: The property has been exquisitely renovated with meticulously chosen modern upgrades, including resilient luxury vinyl flooring and gleaming quartz countertops, offering a fresh and contemporary aesthetic.
Resort-Style Outdoor Living: The expansive backyard features a pristine Pebble-Tec pool and spa, a putting green, low-maintenance artificial turf, and a generously sized covered patio, creating an ideal desert oasis for relaxation and entertainment.
Versatile Investment Opportunity: Offered fully furnished and positioned near world-renowned events, this property presents an exceptional dual opportunity for a personal retreat or a flexible rental investment (short-term, seasonal, or long-term).
No Homeowners Association (HOA) Fees: The absence of HOA fees provides significant financial savings and greater freedom for property use and modifications, enhancing its appeal to a broader range of buyers.
Dedicated RV Parking with Hookup: The property includes ample room for an RV with an electrical hookup already in place, offering convenience for extra guests or recreational vehicle owners.

Cons

Lower-Rated Local Schools: The property is zoned for middle and high schools with lower ratings (Thomas Jefferson Middle School: 3, Indio High School: 4), which may be a deterrent for families prioritizing top-tier public education.
Potential for High Operating Costs: Located in a desert climate with a pool and spa, and without explicit mention of energy-efficient upgrades (e.g., solar, high-efficiency HVAC), the property may incur higher utility bills for cooling and pool maintenance.
Proximity to Major Events: While beneficial for rental income, being 'moments away from world renowned events' can lead to increased noise, traffic, and crowds during peak event seasons, potentially impacting the tranquility for full-time residents.

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