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82301 Avenue 50, Indio, California 92201, Indio, 92201 - 6 bed, 7 bath

82301 Avenue 50, Indio, California 92201 home-pic-0
ACTIVE$3,900,000
82301 Avenue 50, Indio, California 92201
6Beds
7Baths
5,036Sqft
369,824Lot
Year Built
2006
Close
-
List price
$3.9M
Original List price
$3.9M
Price/Sqft
$774
HOA
-
Days on market
-
Sold On
-
MLS number
IG25124239
Home ConditionGood
Features
Good View: Golf Course, Mountain(s), Valley
Pool
Spa
Patio
ViewGolf Course,Mountain(s),Valley

About this home

We found 3 Cons,6 Pros. Rank: price - $3.90M(100th), sqft - 5036(100th), beds - 6(94th), baths - 7(100th).

Beautiful home with the opportunity to be used for pleasure or investment. The property is within walking distance of the Empire Polo Grounds and next to The Plantation Golf Course. This desirable property has space to build and expand on 8.5 acres! The possibilities for the property are endless. Rent during the festival season, create additional units for STR for year-round events, your private venue facility, etc. The main house has a living area of 3,845 SqFt with an open floor plan with four bedrooms with private bathrooms. The property has many features like a stone fireplace, bar, plantation shutters, and walk-in tile shower. The covered patio comes with a heated Pebble-Tee swimming pool and a complete outdoor Custom-Built Cabana with a kitchen and lounge area. The spacious guest House has a living area of 1,191 SqFt with a full gourmet kitchen, living room, two bedrooms, and two baths. This property won't last long with the endless possibilities to expand on 8.50 acres.

Condition Rating
Good
The property was built in 2006, placing it within the 10-20 year age range for a 'Good' condition rating. The images and description confirm a well-maintained home with quality finishes. The main kitchen features traditional dark wood cabinetry, granite countertops, and what appear to be stainless steel appliances, all in good, functional condition. Bathrooms showcase similar quality with dark wood vanities, stone countertops, and large tiled walk-in showers. Flooring includes large format tile in main living areas, hardwood in some bedrooms, and carpet in others, all appearing clean and well-kept. While the aesthetic leans more traditional than contemporary, there are no visible signs of deferred maintenance or immediate renovation needs, and all major systems and components appear functional and well-maintained.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 369824, living area = 5036.
Expansive Lot & Development Potential: The property boasts 8.5 acres, offering significant space for expansion, additional units for short-term rentals (STR), or conversion into a private venue facility, providing endless possibilities for future development and income generation.
Prime Location for Events & Recreation: Strategically located within walking distance of the Empire Polo Grounds and adjacent to The Plantation Golf Course, making it ideal for festival season rentals, golf enthusiasts, and year-round event opportunities.
Dual Living & Income Opportunity: Features a spacious 1,191 SqFt guest house with a full gourmet kitchen, living room, two bedrooms, and two baths, perfect for multi-generational living, staff accommodation, or substantial rental income.
Luxury Outdoor Amenities: Includes a heated Pebble-Tee swimming pool and a complete outdoor Custom-Built Cabana with a kitchen and lounge area, enhancing the property's lifestyle appeal and entertainment capabilities.
Desirable Views: Offers picturesque views of the Golf Course, Mountains, and Valley, adding significant aesthetic value and desirability to the property.

Cons

High Price Point: The list price of $3.9 million positions the property in a luxury segment, potentially limiting the pool of prospective buyers.
Extensive Property Maintenance: The expansive 8.5-acre lot, coupled with two residences, a pool, and a cabana, will require significant ongoing maintenance and associated costs.
Niche Market Appeal: While offering strong investment potential for events and rentals, the property's specific characteristics and high price point may appeal to a more niche market of buyers or investors, rather than a broad traditional residential audience.

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