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49481 Rock Rose Drive, Indio, California 92201, Indio, 92201 - 4 bed, 5 bath

49481 Rock Rose Drive, Indio, California 92201 home-pic-0
ACTIVE$1,490,000
49481 Rock Rose Drive, Indio, California 92201
4Beds
5Baths
3,932Sqft
21,780Lot

Price Vs. Estimate

The estimated value ($1,128,080.785) is $361,919.215 (24%) lower than the list price ($1,490,000). 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 = 21780, living area = 3932.
Top Cons:
Significant Overpricing Relative to Market Value: The current list price of $1.49M is substantially higher than the estimated property value of $1.128M (24% difference), potentially hindering buyer interest and financing.

Compared to the nearby listings

Price:$1.49M vs avg $556.5K (+$933,550)95%
Size:3,932 sqft vs avg 1,890 sqft98%
Price/sqft:$379 vs avg $29988%

More Insights

Built in 2008 (17 years old).
Condition: Built in 2008, this property is well-maintained with high-end features and appliances, including a gourmet kitchen with Wolf and KitchenAid appliances, and spa-like bathrooms. The travertine and hardwood floors are in good condition. While the overall style is classic and not ultra-modern, it is not outdated and requires no immediate renovations, aligning with the 'Good' category criteria.
Year Built
2008
Close
-
List price
$1.49M
Original List price
$1.69M
Price/Sqft
$379
HOA
$430
Days on market
-
Sold On
-
MLS number
25518349PS
Home ConditionGood
Features
Excellent View: Courtyard, Mountain(s), Panoramic, Pool
Pool
Spa
Patio
ViewCourtyard, Mountain(s), Panoramic, Pool

About this home

Summer Temporary Price Reduction!! Fantastic mountain views from this semi-custom home in Stonefield Estates. Situated on over half an acre. Gourmet kitchen featuring Wolf gas oven/range with griddle and Wolf microwave, ASKO dishwasher and built-in KitchenAid refrigerator. Oversized center island. Walk-in pantry. Formal dining. Great room with fireplace. Luxurious primary bedroom suite with fireplace and spa-like bath. 4.5 inch blade wood shutters in secondary bedrooms, baths and master bath. Travertine and hardwood floors throughout. Gated entry courtyard with fireplace. Covered patio in the back yard with incredible mountain views. Two Sun Setter motorized awnings with wind sensors and remote control. The back patio features a misting system with a timer. Large Pebble Tec pool and spa with Pentair equipment. Pavers on the patios and driveway. Two garages with room for 4 cars. One of the garages is a drive through that allows access to the back yard. The home features 3 Lennox air conditioners. Sprinklers and outdoor lighting are on timers. Outdoor electrical outlets for holiday lighting. This property is located in the festival security zone for Coachella and Stagecoach. The property is approximately 200 to 300 yards from the festival grounds. A one year lease option is available.

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.4mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.1mi
3/10
Coachella Valley High School
Public,•9-12•4.4mi
Condition Rating
Good
Built in 2008, this property is well-maintained with high-end features and appliances, including a gourmet kitchen with Wolf and KitchenAid appliances, and spa-like bathrooms. The travertine and hardwood floors are in good condition. While the overall style is classic and not ultra-modern, it is not outdated and requires no immediate renovations, aligning with the 'Good' category 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 = 21780, living area = 3932.
Prime Festival Corridor Location & Views: Direct proximity (200-300 yards) to Coachella/Stagecoach festival grounds offers unique rental income potential, complemented by fantastic mountain and panoramic views.
Gourmet Kitchen with High-End Appliances: Features a Wolf gas oven/range, Wolf microwave, ASKO dishwasher, built-in KitchenAid refrigerator, oversized island, and walk-in pantry, appealing to culinary enthusiasts.
Luxurious Outdoor Living Space: Over half an acre lot with a Pebble Tec pool and spa, misting system, motorized awnings, gated entry courtyard with fireplace, and covered patio, ideal for entertaining and relaxation.
Premium Interior Finishes: Includes travertine and hardwood floors, 4.5-inch blade wood shutters, and a luxurious primary suite with a fireplace and spa-like bath, indicating high-quality construction and comfort.
Extensive Garage Capacity: Two garages accommodating 4 cars, including a drive-through option for backyard access, providing ample storage and utility.

Cons

Significant Overpricing Relative to Market Value: The current list price of $1.49M is substantially higher than the estimated property value of $1.128M (24% difference), potentially hindering buyer interest and financing.
Potential Noise/Traffic from Festivals: While a rental advantage, the property's close proximity (200-300 yards) to major festival grounds could lead to significant noise, traffic, and crowds for a portion of the year, impacting quiet enjoyment for full-time residents.
High Monthly Association Fees: A monthly association fee of $430 adds a considerable recurring cost to homeownership, which may deter some buyers.

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