81908 Villa Reale Drive, Indio, California 92203, Indio, 92203 - 4 bed, 3 bath
ACTIVE$649,999
81908 Villa Reale Drive, Indio, California 92203
4Beds
3Baths
2,517Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($649,999) is $0 (0%) lower than the list price ($649,999). This property may be overpriced.
Key pros and cons
Top Pros:
Upgraded Interior Finishes: The home features rich wood flooring throughout, a gourmet kitchen with granite countertops, a full tile backsplash, stainless steel appliances, and granite surfaces in the bathrooms, indicating a high level of finish and modern appeal.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $724,900 to $649,999, which could suggest initial overpricing or market resistance, potentially raising questions for buyers about its true market value.
Compared to the nearby listings
Price:$650.0K vs avg $570.5K (+$79,499)69%
Size:2,517 sqft vs avg 2,160.5 sqft74%
Price/sqft:$258 vs avg $27434%
More Insights
Built in 2005 (20 years old).
Condition: Built in 2005, this property falls within the 10-20 year age range for a 'Good' score. The listing highlights 'beautifully upgraded' features including rich wood flooring throughout, a gourmet kitchen with granite countertops, a full tile backsplash, and stainless steel appliances, as well as granite surfaces in the bathrooms. The images confirm these upgrades, showing a well-maintained kitchen with modern appliances and functional, clean bathrooms. While the style of the cabinets and granite might not be cutting-edge contemporary, they are in excellent condition and are not outdated. The property is move-in ready with no immediate renovations required, and all major systems appear functional and well-maintained, aligning perfectly with the 'Good' condition criteria.
Year Built
2005
Close
-
List price
$650K
Original List price
$725K
Price/Sqft
$258
HOA
$180
Days on market
-
Sold On
-
MLS number
219132178DA
Home ConditionGood
Features
Pool
Spa
Patio
View-
About this home
Welcome to this beautifully upgraded 4 bedroom, 3 bathroom Palazzo home that truly checks all the boxes! Step inside to find rich wood flooring throughout and a spacious, open-concept layout perfect for entertaining. The gourmet kitchen features granite countertops, a full tile backsplash, stainless steel appliances, and ample cabinet space.Retreat to the expansive backyard, your private oasis, complete with a sparkling pool, raised spa, and plenty of room for outdoor living. Granite surfaces continue into the bathrooms, adding a touch of luxury to every corner of the home. This home is a must-see! Schedule your private tour today and fall in love with everything it has to offer. VA Loan is assumable by New Buyer.
Condition Rating
Good
Built in 2005, this property falls within the 10-20 year age range for a 'Good' score. The listing highlights 'beautifully upgraded' features including rich wood flooring throughout, a gourmet kitchen with granite countertops, a full tile backsplash, and stainless steel appliances, as well as granite surfaces in the bathrooms. The images confirm these upgrades, showing a well-maintained kitchen with modern appliances and functional, clean bathrooms. While the style of the cabinets and granite might not be cutting-edge contemporary, they are in excellent condition and are not outdated. The property is move-in ready with no immediate renovations required, and all major systems appear functional and well-maintained, aligning perfectly with the 'Good' condition criteria.
Pros & Cons
Pros
Upgraded Interior Finishes: The home features rich wood flooring throughout, a gourmet kitchen with granite countertops, a full tile backsplash, stainless steel appliances, and granite surfaces in the bathrooms, indicating a high level of finish and modern appeal.
Open-Concept Layout: A spacious, open-concept layout is highlighted as perfect for entertaining, appealing to buyers who value modern living and social spaces.
Private Outdoor Oasis: The expansive backyard is described as a private oasis, complete with a sparkling pool, raised spa, and ample room for outdoor living, a significant draw for leisure and entertainment.
Assumable VA Loan: The availability of an assumable VA Loan presents a substantial financial advantage for eligible buyers, potentially offering a lower interest rate and reduced closing costs.
Relatively Newer Construction: Built in 2005, the property is relatively modern, suggesting contemporary building standards and potentially fewer immediate maintenance concerns compared to older homes.
Cons
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $724,900 to $649,999, which could suggest initial overpricing or market resistance, potentially raising questions for buyers about its true market value.
Ongoing Association Fees: A monthly association fee of $180.0 adds to the recurring costs of homeownership, which may be a consideration for budget-conscious buyers.
Lack of Specific Energy Efficiency Details: While upgraded, the description does not highlight any specific energy-efficient features (e.g., solar panels, upgraded windows, smart home technology), which are increasingly sought after by buyers, especially in the Indio climate.