RealKey
‪(213) 433-7766‬

81514 Avenue 50, Indio, California 92201, Indio, 92201 - 2 bed, 1 bath

81514 Avenue 50, Indio, California 92201 home-pic-0
ACTIVE$1,150,000
81514 Avenue 50, Indio, California 92201
2Beds
1Bath
900Sqft
37,897Lot
Year Built
1935
Close
-
List price
$1.15M
Original List price
$1.35M
Price/Sqft
$1,278
HOA
-
Days on market
-
Sold On
-
MLS number
219132004DA
Home ConditionTear down
Features
Excellent View: Desert, Mountain(s), Panoramic
ViewDesert, Mountain(s), Panoramic

About this home

We found 3 Cons,5 Pros. Rank: price - $1.15M(93th), sqft - 900(2th), beds - 2(27th), baths - 1(4th).

Unmatched Location - Steps from the Empire Polo Grounds! Investor's dream and a rare opportunity to own nearly 1 full acre directly across from the VIP entrance of the world-famous Coachella and Stagecoach music festivals! Located in the heart of Indio's Polo Fields, this prime parcel offers limitless potential--whether you're looking to develop a high-demand short-term rental, build your dream estate, or capitalize on one of the most sought-after locations in the Coachella Valley. The property currently features a 900 sq ft home and offers ample space for expansion or redevelopment. Zoned for endless possibilities, this is your chance to secure a front-row seat to the most iconic music and lifestyle events in the world. Ideal for: 1. ) Luxury vacation rental development 2.) Seasonal event hosting 3.) Private estate or compound. Don't miss your chance to own land in one of Southern California's most vibrant and fastest-growing event corridors

Price History

Date
Event
Price
09/16/25
Price Change
$1,150,000
06/27/25
Listing
$1,350,000
Condition Rating
Tear down
The property was built in 1935, making it 89 years old. The MLS description heavily emphasizes the land's value and potential for 'expansion or redevelopment,' explicitly stating it's an 'investor's dream' for 'luxury vacation rental development' or a 'private estate or compound.' There are no interior images provided, which is a strong indicator that the existing 900 sq ft structure is not a selling point and is likely in unlivable or extremely poor condition, beyond economical repair or renovation. The value is clearly in the nearly 1-acre lot and its prime location, not the current dwelling.
Pros & Cons

Pros

Prime Event Location: The property boasts an unmatched location directly across from the VIP entrance of the world-famous Coachella and Stagecoach music festivals, and steps from the Empire Polo Grounds, offering exceptional seasonal income potential.
Large Developable Lot: With nearly 1 full acre (37,897 sq ft), the parcel provides ample space for significant expansion, redevelopment, or the construction of a new luxury estate or compound.
High Investment Potential: Described as an 'investor's dream,' the property offers limitless potential for high-demand luxury vacation rentals, seasonal event hosting, or a private estate, capitalizing on a vibrant and growing event corridor.
Flexible Zoning: The property is 'zoned for endless possibilities,' allowing for diverse development strategies and maximizing its utility for various investment goals.
Scenic Views: The property offers desirable desert, mountain, and panoramic views, enhancing its aesthetic appeal and potential value for future developments.

Cons

Age and Condition of Existing Structure: Built in 1935, the current 900 sq ft home is very old and small, likely requiring demolition or extensive, costly renovation to meet modern standards or capitalize on the property's potential.
Substantial Redevelopment Costs: Achieving the property's 'limitless potential' will necessitate significant capital investment for demolition, new construction, and infrastructure, adding considerably to the overall project cost.
Recent Price Reduction: The property experienced a $200,000 price reduction from its original list price of $1.35M, which could indicate initial overpricing or challenges in attracting buyers at the higher valuation.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state