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85549 Veneto Lane, Indio, California 92203, Indio, 92203 - 2 bed, 3 bath

85549 Veneto Lane, Indio, California 92203 home-pic-0
ACTIVE$450,000
85549 Veneto Lane, Indio, California 92203
2Beds
3Baths
2,166Sqft
5,375Lot

Price Vs. Estimate

The estimated value ($450,000) is $0 (0%) lower than the list price ($450,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Pristine Condition: Built in 2021 and described as 'hardly been lived in,' this property offers the benefits of a new home with minimal wear and tear.
Top Cons:
Age-Restricted Community: Being a 55+ community, the property's marketability is limited to a specific demographic, potentially narrowing the pool of interested buyers.

Compared to the nearby listings

Price:$450.0K vs avg $570.0K ($-120,000)18%
Size:2,166 sqft vs avg 2,156.5 sqft50%
Price/sqft:$208 vs avg $2744%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021 and described as 'hardly been lived in,' making it virtually new. The kitchen features a granite island and upgraded stainless steel appliances, and the bathrooms are modern and well-maintained. All components, including flooring, systems, and landscaping, are new or in pristine condition, aligning perfectly with the 'Excellent' criteria for a recently built home with no deferred maintenance.
Year Built
2021
Close
-
List price
$450K
Original List price
$489K
Price/Sqft
$208
HOA
$300
Days on market
-
Sold On
-
MLS number
219132494DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Spa
Patio
ViewMountain(s)

About this home

This Gorgeous Mecca Hills Model, now Priced at $450,000! with 2166 sq ft living space, in 55+ gated community of Four Seasons Terra Lago. This beautiful home has all the amenities you could ever want and has hardly been lived in. Granite Island in kitchen with upgraded stainless appliances and walk in pantry. Large inside pantry with washer and dryer included. Primary bedroom includes a walk- in closet and bathroom with dual sinks. Fabulous upgraded front and backyard with artificial turf and pavers. Your lovely backyard is finished with its own private jacuzzi and no one behind you. The fabulous clubhouse boasts numerous amenities including, 2 pools, (one indoor), spa, billiard and card room, computer and library room, cafe, ballroom, and fitness center. The Terra Lago Golf course is located right next door. Enjoy Fantasy Springs Casino just 5 minutes away and enjoy the shops at the famous downtown area of El Paseo. Palm Springs is just a short 20 minutes away. Your lovely new home is just waiting for you!

Condition Rating
Excellent
This property was built in 2021 and described as 'hardly been lived in,' making it virtually new. The kitchen features a granite island and upgraded stainless steel appliances, and the bathrooms are modern and well-maintained. All components, including flooring, systems, and landscaping, are new or in pristine condition, aligning perfectly with the 'Excellent' criteria for a recently built home with no deferred maintenance.
Pros & Cons

Pros

New Construction & Pristine Condition: Built in 2021 and described as 'hardly been lived in,' this property offers the benefits of a new home with minimal wear and tear.
Extensive Community Amenities: Located within the Four Seasons Terra Lago 55+ gated community, residents have access to two pools (one indoor), a spa, billiard and card rooms, a computer and library room, a cafe, ballroom, and a fitness center.
Upgraded Kitchen: The kitchen features a granite island, upgraded stainless steel appliances, and a walk-in pantry, providing a modern and functional cooking space.
Private & Upgraded Outdoor Living: The backyard is beautifully finished with artificial turf, pavers, a private jacuzzi, and benefits from no rear neighbors, offering a low-maintenance and serene outdoor retreat.
Desirable Location & Accessibility: The property is ideally situated next to the Terra Lago Golf course, 5 minutes from Fantasy Springs Casino, 20 minutes from Palm Springs, and close to the shops at El Paseo.

Cons

Age-Restricted Community: Being a 55+ community, the property's marketability is limited to a specific demographic, potentially narrowing the pool of interested buyers.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $489,000 to $450,000, which could indicate a previous overestimation of value or challenges in attracting buyers.
Ongoing HOA Fees: A monthly association fee of $300 adds to the recurring cost of homeownership, which is a notable financial consideration for potential buyers.

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