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83822 Collection Drive, Indio, California 92203, Indio, 92203 - 3 bed, 3 bath

83822 Collection Drive, Indio, California 92203 home-pic-0
ACTIVE$589,999
83822 Collection Drive, Indio, California 92203
3Beds
3Baths
2,273Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($565,168.07) is $24,830.93 (4%) lower than the list price ($589,999). This property may be overpriced.

Key pros and cons

Top Pros:
Assumable VA Loan: Offers an incredibly rare assumable VA loan at 2.75% interest, providing a significant financial advantage in today's high-interest market for any qualified buyer.
Top Cons:
Limited Renovation Details: While the kitchen is well-appointed, the description lacks details on other recent updates or renovations throughout the 2005-built home, potentially indicating areas that may require future investment.

Compared to the nearby listings

Price:$590.0K vs avg $570.5K (+$19,499)55%
Size:2,273 sqft vs avg 2,160.5 sqft59%
Price/sqft:$260 vs avg $27435%

More Insights

Built in 2005 (20 years old).
Condition: Built in 2005, this property is well-maintained and move-in ready. The kitchen features granite countertops, rich wood cabinetry, stainless steel appliances, and a subway tile backsplash, all in good condition. Bathrooms are clean and functional with matching cabinetry and solid surface countertops. While the overall style is consistent with its 2005 build and not extensively renovated to a modern aesthetic, there are no immediate renovation needs, and major systems appear to be within their expected lifespan. The flooring, light fixtures, and general condition throughout are clean and functional, aligning with the 'Good' criteria.
Year Built
2005
Close
-
List price
$590K
Original List price
$650K
Price/Sqft
$260
HOA
$115
Days on market
-
Sold On
-
MLS number
219132186DA
Home ConditionGood
Features
Pool
Spa
Patio
View-

About this home

Now Reduced by $50,000! This home offers something incredibly rare in today's market: an assumable VA loan of 2.75% interest--and you don't need to be a veteran to take advantage. The seller is giving up their entitlement, allowing any qualified buyer to assume the approx. $300,000 loan balance and lock in an ultra-low rate. A golden opportunity in today's high-interest environment!Located in the gated Desert Collection, this beautifully designed home offers 2,273 sq ft, 3 bedrooms, and 3 full bathrooms, including two suites--perfect for guests or multi-generational living. The primary suite is a true retreat with dual vanities, a soaking tub, walk-in shower, and spacious walk-in closet. The chef's kitchen features granite countertops, rich wood cabinetry, and a welcoming breakfast bar.Step outside to your private pool and spa, enjoy outdoor dining under the covered patio, and take in the desert sunsets. Whether relaxing or entertaining, this home delivers comfort and style.Ideally located in North Indio--a fast-growing area with low HOA, no Mello Roos, and easy access to shopping, schools, and I-10.Schedule your private tour today--this one won't last!

Nearby schools

/10
Dwight Eisenhower Elementary School
Public,•K-5•1.2mi
4/10
Desert Ridge Academy
Public,•6-8•4.5mi
5/10
Shadow Hills High School
Public,•9-12•4.2mi
Condition Rating
Good
Built in 2005, this property is well-maintained and move-in ready. The kitchen features granite countertops, rich wood cabinetry, stainless steel appliances, and a subway tile backsplash, all in good condition. Bathrooms are clean and functional with matching cabinetry and solid surface countertops. While the overall style is consistent with its 2005 build and not extensively renovated to a modern aesthetic, there are no immediate renovation needs, and major systems appear to be within their expected lifespan. The flooring, light fixtures, and general condition throughout are clean and functional, aligning with the 'Good' criteria.
Pros & Cons

Pros

Assumable VA Loan: Offers an incredibly rare assumable VA loan at 2.75% interest, providing a significant financial advantage in today's high-interest market for any qualified buyer.
Private Outdoor Oasis: Features a private pool and spa with a covered patio, ideal for relaxation, entertaining, and enjoying the desert climate.
Community & Cost Benefits: Located in a desirable gated community with low HOA fees and no Mello Roos, offering security and cost-effective living.
Versatile Living Space: Includes two full suites among its 3 bedrooms and 3 bathrooms, perfect for guests or multi-generational living arrangements.
Well-Appointed Kitchen: The chef's kitchen boasts granite countertops, rich wood cabinetry, and a breakfast bar, providing a functional and attractive culinary space.

Cons

Limited Renovation Details: While the kitchen is well-appointed, the description lacks details on other recent updates or renovations throughout the 2005-built home, potentially indicating areas that may require future investment.
Location Appeal: Located in North Indio, which is a fast-growing area, but may not hold the same premium appeal or demand as some other established desert cities for all buyer preferences.
No Mention of Energy Efficiency: The property description does not highlight any specific energy-efficient features (e.g., solar panels, upgraded windows), which could be a consideration for utility costs in the desert climate.

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