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80623 Veranda Lane, Indio, CA 92201

$695K5bd · 3ba · 1,769 sqft
Lot 7,841 sqft•Single Family Residence•
Active
•12d on market•MLS# GD-26227075

Property Description

Discover this beautifully updated 5-bedroom, 3-bathroom home offering approximately 1,796 sq. ft. of living space and an exceptional desert lifestyle. A popular Airbnb rental, this property offers income-generating potential along with inviting spaces for personal enjoyment. The converted 2-car garage features a game room, adding extra entertainment space for guests and gatherings. The interior showcases vaulted ceilings, an open floor plan, upgraded laminate flooring, recessed lighting, plantation-style shutters, and tasteful modern finishes. Recent improvements include fresh interior and exterior updates, a brand-new split-system HVAC, and an I-Aqualink system for convenient pool and spa control. Step outside to a private backyard retreat featuring a newly plastered pool, relaxing spa, inviting gazebo, and refreshed landscaping—ideal for entertaining, unwinding, or enjoying the desert sunshine. Conveniently located near golf courses, restaurants, casinos, and the Polo Grounds, this property combines comfort, recreation, and investment potential in a desirable desert setting. With no HOA, this is an excellent opportunity for investors, vacation rental operators, or buyers seeking a versatile desert getaway.

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
Flooring
Laminate, Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byEquity Union, Jack Kassabian

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,514.30
Principal & Interest
Loan Amount
$556,000
Total Interest
$709,147
Total Payment Over 30 Years
$1,265,147
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

80623 Veranda Lane, Indio, CA 92201

Indio · Single Family Residence

$695K
Residential Tier
Beds
5
Baths
3
Sqft
1,769
Lot
7,841 sqft
Year
1993
$/Sqft
$393
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 5.3% above the median closed sale of $660,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $695K· $393/sqft
Total list price
Closed comps
vs closed median $660K
+$35K (+5.3%)
Active comps
vs active median $665K
+$30K (+4.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $327
+$66 (+20.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
47675 Peony PlaceIndio1999431,7699,148$376$665,00033390
48640 Vienna CourtIndio2004331,9927,841$341$679,5004187
46433 Mesa VerdeIndio1989532,0106,098$308$619,9503180
80803 Hayleigh CourtIndio2003321,9769,583$353$698,5004579
81059 Aurora AvenueIndio2002432,4828,276$258$639,99910477
Total: 5 · Average3.82.82,045.88,189.2$327.2$660,589.8110.8
Median1,992$665,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
80741 Desert Spur DriveIndio200304/30/2026421,6777,405$639,999$620,000$3700.97089
80687 Veranda LaneIndio199309/01/2026541,7697,841$775,000$760,000$4300.983688
80663 Martinique AvenueIndio200408/17/2026321,6506,970$647,999$640,000$3880.993281
48124 Chandler CourtIndio200308/19/2026321,9768,276$675,000$660,000$3340.9812480
80746 Diamondback TrailIndio200308/14/2026522,5027,841$748,888$730,000$2920.976080
Total: 5 · Average4.02.41,914.87,666.6$682,000$682,000$362.8—50.4
Median1,769$660,000$660,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.