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47734 Mirage Way, Indio, California 92201, Indio, 92201 - 4 bed, 2 bath

47734 Mirage Way, Indio, California 92201 home-pic-0
ACTIVE$649,000
47734 Mirage Way, Indio, California 92201
4Beds
2Baths
2,194Sqft
10,019Lot
Year Built
2002
Close
-
List price
$649K
Original List price
$750K
Price/Sqft
$296
HOA
-
Days on market
-
Sold On
-
MLS number
OC25129680
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $649.0K(70th), sqft - 2194(68th), beds - 4(57th), baths - 2(50th).

Experience a Sophisticated Lifestyle at our Premier Destination one of the Most Desirable Neighborhoods in Indio. This exquisite highly sought after 2,194 sq ft single story oasis features 4 Bedrooms, 2 Bathrooms, and 3 car attached garage and RV parking. The home offers the Finest Interior Elements throughout including, Gourmet Kitchen with Breakfast Bar, Quartz countertops, soft-close cabinets, Baseboards, and Double Pane Windows. Rich in Natural Elegance Private Outdoor Living offers a private relaxed sensibility. This beautifully remodeled home on an oversized lot has Carpeting in all bedrooms, Nest thermostats for the two AC units, and two ring cameras. Walking distance to shopping centers and restaurants. The property is currently being used as an AirBnb. Verified by the city based on the land size, it is possible to build a detached or attached 1,500 sq ft ADU and a 500 sq ft junior ADU, and pool/spa.

Nearby schools

8/10
Martin Van Buren Elementary School
Public,•K-5•0.9mi
3/10
Thomas Jefferson Middle School
Public,•6-8•0.7mi
4/10
Indio High School
Public,•9-12•1.6mi

Price History

Date
Event
Price
10/26/25
Price Change
$649,000-0.2%
10/01/25
Price Change
$650,000-1.4%
09/15/25
Price Change
$659,000-1.6%
09/03/25
Price Change
$670,000-0.7%
08/20/25
Price Change
$675,000
06/11/25
Listing
$750,000
Condition Rating
Good
Built in 2002, this property has undergone a significant remodel, particularly evident in the kitchen with its modern quartz countertops, soft-close cabinets, and updated appliances. Smart home features like Nest thermostats and Ring cameras also contribute to its modern functionality. However, the master bathroom vanity appears to be older and less updated than the kitchen, suggesting the renovation was not fully comprehensive across all key areas or was done in phases. The property is move-in ready and well-maintained, fitting the 'Good' category where some components are updated, but it hasn't undergone a full, recent renovation throughout.
Pros & Cons

Pros

Exceptional ADU & Income Potential: Verified city approval for building a 1,500 sq ft detached ADU, a 500 sq ft junior ADU, and a pool/spa, offering significant future value and rental income opportunities, complemented by its current successful AirBnB use.
Extensively Remodeled & Modern Interiors: Features a gourmet kitchen with Quartz countertops and soft-close cabinets, double-pane windows, new baseboards, and smart home technology including Nest thermostats (for dual AC units) and Ring cameras.
Spacious Layout & Ample Parking: A single-story 2,194 sq ft home with 4 bedrooms and 2 bathrooms, situated on an oversized 10,019 sq ft lot, complete with a 3-car attached garage and dedicated RV parking.
Desirable Neighborhood & Convenient Location: Located in a premier and highly sought-after neighborhood in Indio, offering a sophisticated lifestyle and walking distance to shopping centers and restaurants.
Comfort & Views: Equipped with two AC units for optimal climate control in the Indio climate and offers pleasant mountain views, enhancing the living experience.

Cons

History of Price Reductions: The property has undergone multiple significant price drops from its original listing price of $750,000 to $649,000, which may indicate market resistance or an initial overvaluation.
Subpar Local School Ratings: The assigned middle school (Thomas Jefferson Middle School, rating 3) and high school (Indio High School, rating 4) have low ratings, potentially impacting appeal for families with school-aged children.
Absence of Existing Pool/Spa: Despite the potential to build, the property currently lacks a pool or spa, which is a highly desired amenity in the Indio climate and may require additional investment for immediate enjoyment.

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