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81107 Carefree Drive, Indio, California 92201, Indio, 92201 - 6 bed, 5 bath

81107 Carefree Drive, Indio, California 92201 home-pic-0
ACTIVE$2,200,000
81107 Carefree Drive, Indio, California 92201
6Beds
5Baths
3,446Sqft
13,068Lot

Price Vs. Estimate

The estimated value ($1,715,324.365) is $484,675.635 (22%) lower than the list price ($2,200,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Income Potential: The property is marketed as a top-performing short-term rental investment with a projected annual income of $300,000 to $400,000, indicating exceptional ROI.
Top Cons:
Significant Overpricing: The listing price of $2.2M is substantially higher than the estimated property value of $1.715M and recent comparable sales in the same subdivision, suggesting potential overvaluation.

Compared to the nearby listings

Price:$2.20M vs avg $556.5K (+$1,643,550)100%
Size:3,446 sqft vs avg 1,890 sqft95%
Price/sqft:$638 vs avg $299100%

More Insights

Built in 2005 (20 years old).
Condition: The property, built in 2005, has undergone extensive and recent renovations, with over $300,000 in enhancements. The 'newly remodeled chef's kitchen' features modern flat-panel cabinetry, high-end stainless steel appliances (including a gas range with red knobs and double ovens), white solid-surface countertops, and contemporary lighting. The 'spa-inspired bathroom' (as seen in image 10) is also fully updated with a modern vessel sink, black fixtures, and a glass-enclosed rain shower. While one secondary bathroom (image 9) appears less recently updated, the overall quality, style, and features of the main living areas, kitchen, and primary bathroom, along with the significant investment in upgrades, align with a property extensively renovated within the last 5 years, meeting current quality standards with minimal depreciation.
Year Built
2005
Close
-
List price
$2.2M
Original List price
$2.2M
Price/Sqft
$638
HOA
$150
Days on market
-
Sold On
-
MLS number
219125561DA
Home ConditionExcellent
Features
Pool
Spa
Patio
ViewPool

About this home

Welcome to a rare opportunity to own a top-performing short-term rental investment in one of the desert's most sought-after communities. This fully furnished 6-bedroom, 5-bathroom estate spans 3,446 sq. ft. and has been thoughtfully upgraded with over $300,000 in enhancements--setting the stage for a projected annual rental income of $300,000 to $400,000.Designed for both elegance and entertainment, the home features a sleek glass wall that opens to a south-facing backyard paradise. Enjoy a saltwater pool and spa, a built-in BBQ island, firepit lounge, mini-golf course, and an outdoor sound system--all curated for unforgettable guest experiences and high occupancy rates.Inside, the ambiance is just as impressive. The open-concept great room features a designer bar, fireplace, and surround sound, while the newly remodeled chef's kitchen includes a gas range, double ovens, and generous prep space. The 3-car garage has been transformed into a vibrant arcade/game room, offering extra appeal for group bookings and maximizing rental value.The spacious primary suite is your private retreat, complete with a spa-inspired bathroom featuring a soaking tub, rain shower, and custom walk-in closet.Located just minutes from world-renowned events like Coachella, Stagecoach, BNP Paribas, and PGA golf tournaments, this property is ideally positioned for strong year-round demand. Whether you're looking to grow your portfolio or own a luxury escape with exceptional ROI, this is your chance.Schedule a private tour today and secure your place in the booming short-term rental market!

Nearby schools

3/10
Mountain Vista Elementary School
Public,•K-6•0.6mi
3/10
Cahuilla Desert Academy Junior High
Public,•7-8•2.3mi
3/10
Coachella Valley High School
Public,•9-12•4.6mi
Condition Rating
Excellent
The property, built in 2005, has undergone extensive and recent renovations, with over $300,000 in enhancements. The 'newly remodeled chef's kitchen' features modern flat-panel cabinetry, high-end stainless steel appliances (including a gas range with red knobs and double ovens), white solid-surface countertops, and contemporary lighting. The 'spa-inspired bathroom' (as seen in image 10) is also fully updated with a modern vessel sink, black fixtures, and a glass-enclosed rain shower. While one secondary bathroom (image 9) appears less recently updated, the overall quality, style, and features of the main living areas, kitchen, and primary bathroom, along with the significant investment in upgrades, align with a property extensively renovated within the last 5 years, meeting current quality standards with minimal depreciation.
Pros & Cons

Pros

High Income Potential: The property is marketed as a top-performing short-term rental investment with a projected annual income of $300,000 to $400,000, indicating exceptional ROI.
Extensive Upgrades & Turnkey: Over $300,000 in thoughtful enhancements and being fully furnished make this a ready-to-operate, high-end rental property.
Resort-Style Outdoor Amenities: The south-facing backyard features a saltwater pool and spa, built-in BBQ island, firepit lounge, mini-golf course, and outdoor sound system, designed for premium guest experiences.
Prime Event Location: Strategically located minutes from world-renowned events like Coachella, Stagecoach, BNP Paribas, and PGA golf tournaments, ensuring strong year-round demand.
Dedicated Entertainment Spaces: The 3-car garage transformed into an arcade/game room and an open-concept great room with a designer bar and surround sound significantly enhance guest appeal and rental value.

Cons

Significant Overpricing: The listing price of $2.2M is substantially higher than the estimated property value of $1.715M and recent comparable sales in the same subdivision, suggesting potential overvaluation.
High Operating Costs: The extensive luxury amenities and full furnishing, while attractive, will likely incur significant ongoing operating expenses for maintenance, cleaning, utilities, and potential wear-and-tear from short-term guests.
Reliance on Event-Driven Demand: The property's strong income potential is heavily tied to its proximity to major events, which could pose a risk if event popularity or local regulations change in the future.

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