49337 Nicholson Court, Indio, California 92201, Indio, 92201 - 3 bed, 3 bath

49337 Nicholson Court, Indio, California 92201 home-pic-0
ACTIVE$699,000
49337 Nicholson Court, Indio, California 92201
3Beds
3Baths
2,231Sqft
6,098Lot

Price Vs. Estimate

The estimated value ($636,375.88) is $62,624.12 (8%) lower than the list price ($699,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strong Investment Opportunity: Approved for short-term rentals with low HOA fees, making it highly attractive for investors seeking income generation in a coveted community.
Top Cons:
Potential Overpricing: The current listing price of $699,000 is approximately 5% higher than the estimated property value of $659,275, which may require justification or negotiation.

Compared to the nearby listings

Price:$699.0K vs avg $556.5K (+$142,550)81%
Size:2,231 sqft vs avg 1,890 sqft70%
Price/sqft:$313 vs avg $29958%

More Insights

Built in 2020 (5 years old).
Condition: This property was built in 2020, making it only 4 years old, which falls well within the 'Excellent' criteria for new construction. The kitchen is described as 'chef-inspired gourmet' with sleek white cabinetry, granite countertops, and a large island, all appearing pristine in the images. Bathrooms feature modern vanities, white countertops, and glass-enclosed showers with subway tile, indicating contemporary design and excellent condition. Throughout the home, the flooring (a mix of light carpet and tile), light fixtures (recessed and simple flush mounts), and overall finishes are new, clean, and meet current quality standards with no visible wear or deferred maintenance.
Year Built
2020
Close
-
List price
$699K
Original List price
$699K
Price/Sqft
$313
HOA
$270
Days on market
-
Sold On
-
MLS number
219125128DA
Home ConditionExcellent
Features
Patio
ViewPool

About this home

This is the opportunity you've been waiting for--an incredible investment in one of the desert's most coveted communities. With short-term rental approval and low HOA fees, this property is an investor's dream and an ideal home for those seeking both luxury and convenience. Historically low 2.625% interest rate and an approximate balance of $320K (subject to approval), you can step into a dream investment without the typical financial hurdles.Just minutes from the legendary Coachella and Stagecoach festivals, this stunning home features the largest Gallery floor plan, offering 3 spacious bedrooms, 2.5 baths, and an expansive, open layout perfect for modern living. The chef-inspired gourmet kitchen is a masterpiece with sleek white cabinetry, granite countertops, a large island, and a walk-in pantry--ideal for hosting or enjoying intimate meals. The great room, with its cozy fireplace, effortlessly opens up to the covered patio, bringing the outdoors in for a truly seamless indoor-outdoor experience.The private primary suite is a sanctuary with a huge walk-in closet, dual vanities, and direct access to the backyard for ultimate relaxation. The guest bedrooms are spacious and share a beautifully appointed bath, while a convenient powder room makes entertaining a breeze. Additional touches, like 9-ft ceilings, 8-ft doors, and a finished garage with a golf cart bay, elevate this home beyond the ordinary.Located in a serene cul-de-sac near a peaceful water feature, this property offers unrivaled resort-style amenities, including community pools, spas, pickleball, tennis, bocce ball, and a fitness center. Move-in ready and designed with investment potential at its core, this home is a must-see. Don't let this exceptional opportunity slip through your fingers. Secure your piece of paradise today!

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,K-51.2mi
3/10
Thomas Jefferson Middle School
Public,6-81.5mi
4/10
Indio High School
Public,9-121.9mi
Condition Rating
Excellent

This property was built in 2020, making it only 4 years old, which falls well within the 'Excellent' criteria for new construction. The kitchen is described as 'chef-inspired gourmet' with sleek white cabinetry, granite countertops, and a large island, all appearing pristine in the images. Bathrooms feature modern vanities, white countertops, and glass-enclosed showers with subway tile, indicating contemporary design and excellent condition. Throughout the home, the flooring (a mix of light carpet and tile), light fixtures (recessed and simple flush mounts), and overall finishes are new, clean, and meet current quality standards with no visible wear or deferred maintenance.
Pros & Cons

Pros

Strong Investment Opportunity: Approved for short-term rentals with low HOA fees, making it highly attractive for investors seeking income generation in a coveted community.
Favorable Assumable Loan: Opportunity to assume a historically low 2.625% interest rate loan with an approximate $320K balance, offering a significant financial advantage.
Modern & Upgraded Interior: Features the largest 'Gallery' floor plan, a chef-inspired gourmet kitchen with high-end finishes, 9-ft ceilings, 8-ft doors, and a finished garage with a golf cart bay.
Exceptional Community Amenities: Access to unrivaled resort-style amenities including community pools, spas, pickleball, tennis, bocce ball, and a fitness center.
Prime Location & New Construction: Built in 2020, located in a serene cul-de-sac near a water feature, and minutes from major festivals like Coachella and Stagecoach.

Cons

Potential Overpricing: The current listing price of $699,000 is approximately 5% higher than the estimated property value of $659,275, which may require justification or negotiation.
Absence of Private Pool/Spa: Despite extensive community amenities, the property description does not indicate a private pool or spa, which some luxury buyers in the Indio market may expect.
Ongoing HOA Fees: While described as 'low,' the $270 monthly HOA fee is an additional recurring cost that buyers must factor into their budget.

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