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84671 Cabernet Lane, Indio, California 92203, Indio, 92203 - 4 bed, 5 bath

84671 Cabernet Lane, Indio, California 92203 home-pic-0
ACTIVE$595,000
84671 Cabernet Lane, Indio, California 92203
4Beds
5Baths
2,276Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($572,614.75) is $22,385.25 (3%) lower than the list price ($595,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Features: Built in 2022, this home offers contemporary living with an open-concept layout, a custom-built bar, stainless steel appliances, and luxurious quartz countertops.
Top Cons:
Tenant Occupied Status: The property is currently tenant-occupied, which may present challenges for showings and could complicate the closing process or immediate occupancy for owner-occupant buyers.

Compared to the nearby listings

Price:$595.0K vs avg $570.5K (+$24,500)56%
Size:2,276 sqft vs avg 2,160.5 sqft60%
Price/sqft:$261 vs avg $27437%

More Insights

Built in 2022 (3 years old).
Condition: This property is a new build from 2022, making it virtually brand new. The kitchen features modern white shaker cabinets, quartz countertops, and stainless steel appliances (gas range, refrigerator, microwave, dishwasher). Bathrooms are equally modern with white vanities, glass-enclosed showers, and contemporary finishes. The home boasts an open-concept layout, light-colored LVP flooring in main areas, clean carpeting in bedrooms, recessed lighting, and even solar panels, indicating no deferred maintenance and meeting current quality standards.
Year Built
2022
Close
-
List price
$595K
Original List price
$595K
Price/Sqft
$261
HOA
$110
Days on market
-
Sold On
-
MLS number
219135341DA
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)

About this home

Investors : 4 Bedroom 3 Bathroom Home Welcome to this stunning new build in the gated community of Monte Vina. This spacious 4-bedroom, 3-bathroom home offers an open-concept layout, perfect for entertaining friends and family. The custom-built bar adds a touch of elegance, while the stainless appliances in the kitchen makes cooking a breeze. STAINLESS - STEEL appliances include gas/stove oven, refrigerator, microwave, and dishwasher. The large, enclosed yard provides ample space for outdoor activities and gatherings. The kitchen boasts beautiful QUARTZ COUNTERTOPS, adding a touch of luxury to your culinary experience. With a 2-car attached garage, you'll have plenty of space for parking and storage. This home also features SOLAR PANELS, which means LOW ELECTRIC BILLS! As a community resident, you'll have access to a community park and basketball court, perfect for enjoying the outdoors. This property is minutes away from shopping, schools, casinos, restaurants, and more! Tenant Occupied..Do not disturb.

Condition Rating
Excellent
This property is a new build from 2022, making it virtually brand new. The kitchen features modern white shaker cabinets, quartz countertops, and stainless steel appliances (gas range, refrigerator, microwave, dishwasher). Bathrooms are equally modern with white vanities, glass-enclosed showers, and contemporary finishes. The home boasts an open-concept layout, light-colored LVP flooring in main areas, clean carpeting in bedrooms, recessed lighting, and even solar panels, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

New Construction & Modern Features: Built in 2022, this home offers contemporary living with an open-concept layout, a custom-built bar, stainless steel appliances, and luxurious quartz countertops.
Energy Efficiency: Equipped with solar panels, the property promises significantly low electric bills, contributing to long-term savings and environmental benefits.
Gated Community & Amenities: Located within the secure Monte Vina gated community, residents benefit from exclusive access to a community park and basketball court.
Investment Potential: Explicitly marketed to investors and currently tenant-occupied, offering immediate rental income and a turnkey investment opportunity.
Prime Location: The property boasts a convenient location, minutes away from essential amenities including shopping, schools, casinos, and various restaurants.

Cons

Tenant Occupied Status: The property is currently tenant-occupied, which may present challenges for showings and could complicate the closing process or immediate occupancy for owner-occupant buyers.
Monthly Association Fee: A recurring monthly association fee of $110 adds to the overall cost of homeownership, which potential buyers will need to factor into their budget.
Lack of Explicit Cooling System Details: While a new build, the description does not explicitly mention the type or presence of a cooling system, which is a critical feature for comfort in Indio's hot climate.

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