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49511 Cinnabar Lane, Coachella, California 92236, Coachella, 92236 - 4 bed, 3 bath

49511 Cinnabar Lane, Coachella, California 92236 home-pic-0
ACTIVE$650,000
49511 Cinnabar Lane, Coachella, California 92236
4Beds
3Baths
1,679Sqft
6,534Lot
Year Built
2004
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$387
HOA
-
Days on market
-
Sold On
-
MLS number
219131776DA
Home ConditionExcellent
Features
Pool
View-

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,5 Pros. Rank: price - $650.0K(88th), sqft - 1679(37th), beds - 4(50th), baths - 3(59th).

Discover this completely remodeled 4-bedroom, 3-bathroom home located in the vibrant city of Coachella. This spacious property features modern upgrades throughout, offering comfort, style, and functionality. The highlight of this home is the private pool housea"perfect for entertaining guests or enjoying relaxing desert evenings.Whether you're seeking a primary residence, vacation getaway, or investment opportunity, this home offers excellent potential with short-term rentals permitted in the area. Don't miss the chance to own a turnkey property in one of Coachella's most desirable locations

Nearby schools

3/10
Westside Elementary School
Public,•K-6•3.5mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•1.8mi
3/10
Coachella Valley High School
Public,•9-12•3.2mi
Condition Rating
Excellent
The property is described as 'completely remodeled' with 'modern upgrades throughout' and is a 'turnkey property.' Although built in 2004, the extensive and recent renovation, including a private pool house, suggests all components are new or virtually new, meeting current quality standards. While interior images are not provided, the strong descriptive language indicates an excellent, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Extensively Remodeled: The property has undergone a complete remodel with modern upgrades throughout, enhancing its appeal and functionality for contemporary living.
Unique Private Pool House: A dedicated private pool house serves as a significant highlight, offering an exceptional amenity for entertainment and relaxation, particularly appealing in the desert climate.
Short-Term Rental Eligibility: The property is permitted for short-term rentals, providing significant income-generating potential for investors or as a vacation home.
Turnkey Condition: Described as a 'turnkey property,' it suggests readiness for immediate occupancy or rental without requiring further significant investment or work.
Desirable Coachella Location: Situated in one of Coachella's 'most desirable locations,' which can contribute to property value and demand.

Cons

Significant Overpricing: The listing price is 26% above the estimated property value, indicating a potential overvaluation compared to current market analytics and comparable sales.
Lower Square Footage Compared to Comps: At 1679 sqft, the property offers less living space than several recently sold comparable properties in the area, some of which sold for a similar or lower price.
Age of Construction: Built in 2004, the property is older than some newer constructions in the comparative market, which might influence buyer perception regarding modern features or potential future maintenance.

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