82156 Oleander Avenue, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath

82156 Oleander Avenue, Indio, California 92201 home-pic-0
ACTIVE$799,000
82156 Oleander Avenue, Indio, California 92201
5Beds
3Baths
2,366Sqft
8,276Lot
Year Built
1964
Close
-
List price
$799K
Original List price
$799K
Price/Sqft
$338
HOA
-
Days on market
-
Sold On
-
MLS number
219138698DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 4 Cons,5 Pros. Rank: price - $799.0K(86th), sqft - 2366(76th), beds - 5(85th), baths - 3(50th).

This Short Term Rental Property has every possible upgrade you could want to entertain guests as an Airbnb or vacation home! Welcome to the ''Blue Cactus House'', where you'll understand it's name right as you approach the front door. This 5 bedroom, 3 bathroom home is situated on a large corner lot, ideal for guests enjoying themselves into the night. Every detail in the home has been designed to provide the most memorable Airbnb or VRBO experience, whether it's the colorful wall murals, the waterfall island in the open floorplan kitchen, or the Junior ADU (JADU) with separate kitchen and sleeping space. And that's not even the best part, because wait 'til you see the backyard. The recently built and newly plastered pool is framed perfectly by a state-of-the-art entertainment system and built-in grill space. Soak up the stars in the hot tub or cozy up next to the firepit, the options to enjoy yourself are endless! Property is being sold fully-furnished, turnkey, and has generated over $100k in revenue in the past 24 months, and Coachella is already SOLD OUT for 2026t. Priced to sell quickly, this home is a 'cash-cow' and the results speak for themselves.

Price History

Date
Event
Price
11/13/25
Listing
$799,000
04/28/23
Sold
$638,000
04/15/22
Sold
$460,000
Condition Rating
Excellent

Despite being built in 1964, this property has undergone an extensive and recent renovation, likely within the last 5 years, transforming it into a modern, turnkey short-term rental. Both the main kitchen and the JADU kitchen feature new cabinets, quartz countertops, modern backsplashes, and stainless steel appliances. Bathrooms are updated with contemporary fixtures. Flooring throughout is new, consisting of light, polished concrete/large format tile and wood-look laminate. Lighting, including modern chandeliers and recessed lights, is updated. The property also boasts a newly built pool, hot tub, and outdoor entertainment area, along with mini-split AC units and solar panels, indicating comprehensive upgrades to major systems and aesthetics. All visible components are new or virtually new, meeting current quality standards.
Pros & Cons

Pros

Proven Income-Generating Asset: The property has a strong track record, generating over $100k in revenue in the past 24 months, with bookings already secured for Coachella 2026, indicating high demand and profitability.
Turnkey & Fully Furnished: Sold fully-furnished and turnkey, allowing for immediate operation as a short-term rental without additional setup costs or time investment.
Exceptional Entertainment Amenities: Features a newly built pool, hot tub, firepit, state-of-the-art entertainment system, and built-in grill space, making it highly attractive for vacationers.
Junior ADU (JADU): Includes a Junior ADU with a separate kitchen and sleeping space, significantly increasing guest capacity and rental income potential.
Optimized for Short-Term Rentals: Every detail, from colorful murals to an open-plan kitchen with a waterfall island, is designed to provide a memorable Airbnb/VRBO experience, maximizing guest appeal.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2366, other record living area = 2263.
Age of Property: Built in 1964, the underlying structure is older, which may lead to potential maintenance issues with original systems (plumbing, electrical) despite recent cosmetic upgrades.
Market Specificity & Reliance: Heavily optimized for the short-term rental market, making its profitability highly dependent on tourism trends, local regulations, and competition in the Airbnb/VRBO sector.
Potential for Accelerated Wear and Tear: As a high-traffic short-term rental, the property is likely to experience accelerated wear and tear on finishes, appliances, and systems, requiring more frequent maintenance and refurbishment cycles.

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