tomo logo

$4,600,000

Beds
6
Baths
6.5
sq ft
5,036

82301 Avenue 50, Indio, CA 92201

82301 Avenue 50

Indio, CA 92201

  • 405 days on market
    • Price drop $50,000↓
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.

Details

Property type

Single Family Residence

Lot size

8.49 acres

Price per sq ft

$914

Year built

2006

Price History

05/13/2024
CRMLS

CRMLS #EV23156977

Price change
$4,600,000
-1.08%
08/30/2023
CRMLS

CRMLS #EV23156977

Listed
$4,650,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Cahuilla Desert Academy

High school: 

Unknown

High school district: 

Desert Sands Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$4,011,854
Asking price
$4,600,000
Closing costs (~8% of asking)
-$368,000
Est. remaining loan balance
-$220,146
Cash to seller
$4,011,854

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Michael Clark Ira 741619

Loan start date

March 2023

Original loan amount

$421,000

Est. remaining balance

$220,146

Interest rate

6.13%

Loan type

New Conventional, 3 year

Seller

Jorge Ayon and Julia Molinar

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 10/07/2024 at 8:35 PM

Listing updated: 09/30/2024 at 12:22 PM

Listed by: MIGUEL FLORES, KELLER WILLIAMS-LA QUINTA Phone #: (760) 601-3000

MLS: CRMLS #EV23156977

CRMLS logo

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