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Sold for $1,300,000 · Dec 2023

SOLD

Listed at $1,500,000

Sold

48755 Southview Place, Indio, CA 92201

Indio, CA

MLS# 219099599DA

2,796 Sq Ft • Single Family Home4bd • 3ba
26 days on market

Listing Agent

Anthony Bauer

Listing Agent

Coldwell Banker Realty

DRE #: 01253129

Brokerage: Coldwell Banker Realty

Property Details

4

Bedrooms

3

Bathrooms

2,796 sqft

Square Feet

1999

Year Built

1.48 acres

Lot Size

$465

Price/Sq Ft

2

Garage Spaces

N/A

HOA

Single Family Home

Property Type

Description

Discover the potential of a lifetime with this remarkable property that promises both luxury and lucrative returns. This exceptional 4-bedroom, 3-bathroom home sits on an expansive lot spanning over a colossal 1.5 acres, providing an abundance of possibilities and an unparalleled investment prospect.Key Features:Location, Location, Location: Nestled in a prime location, this property is a short-term rental dream. Situated in the heart of an area known for its high-demand vacation rentals, you'll have the opportunity to tap into a thriving market.Sprawling Lot: The sheer size of this lot is a rare find! Expand, develop, or simply revel in the spacious surroundings, giving you endless possibilities for customization. AND has solar!Lucrative Neighbors: Your investment potential soars when you consider the neighboring houses generating annual incomes ranging from $500,000 to $1 million. Join this league of successful investors and take advantage of the substantial income potential.Event-Goer's Paradise: Just a stone's throw away from the VIP parking for Coachella and the Indio Polo Fields, this property is perfectly positioned to attract event-goers seeking premium accommodation. Contact me today to schedule a viewing and witness the remarkable potential of this property firsthand. Your dream investment awaits!Low HOA fee of $110 a month

Listing description from the December 2023 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Pool
Yes
Heating
Central

Sale history for 48755 Southview Place

1 recorded sale

$1,300,000
Sold December 2023 · listed $1,500,000, on market September 2023, 26 days on market · MLS #219099599DA · Source: CRMLS
Listing Agent: Anthony Bauer · Listing Office: Coldwell Banker Realty · Contact: (760) 776-9898 · Bought with: Christopher Pearson · Christopher Michael Pearson

How this sale compares

48755 Southview Place sold for $1,300,000 in December 2023, 13% under its $1,500,000 list price, after 26 days on the market. That works out to $465 per square foot on 2,796 square feet. Across 363 closed sales in 92201 over the last 12 months, the median sold price is $511,000 and the median is $292 per square foot, 37% below this sale's $465.

$465
This sale, per sq ft
$292
92201 median per sq ft (12 mo)
$511,000
92201 median sold price (12 mo)
363
Closed sales in 92201 (12 mo)
26
Days on market
−13%
Sold vs. list price
QuarterClosed sales in 92201Median sold price
Q1 202646$492,000
Q2 2026178$502,500
Q3 2026114$530,000
Q4 202625$520,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Indio · Homes for sale in 92201

Recent sales near 48755 Southview Place

Closed sales reported in 92201, nearest first, last 12 months. All recent sales in Indio →

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