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80623 Veranda Lane, Indio, CA 92201

$699K5bd · 3ba · 1,769 sqft
Lot 7,841 sqft•Single Family Residence•
Active
•34d on market•MLS# 00-26984873

Property Description

TURNKEY, INCOME-PRODUCING DESERT RETREATFULLY FURNISHED SHORT-TERM RENTAL OPPORTUNITY!Welcome to this beautifully upgraded and meticulously maintained five-bedroom, four -bathroom home in Indio's desirable Verandas community. Recognized as a "Guest Favorite" on Airbnb, this turnkey furnished property offers an exceptional combination of comfort, style, and established rental historyideal as a primary residence, vacation getaway, or investment property.Spanning approximately 1,796 square feet, the home features a spacious, open-concept floor plan with soaring vaulted ceilings, abundant natural light, and effortless indoor-outdoor living. The well-designed layout accommodates up to 14 guests, while the upgraded kitchen opens to the dining and living areas for easy entertaining. A striking rock fireplace anchors the living room, complemented by newer laminate flooring, recessed lighting, plantation shutters, fresh interior and exterior paint, and generously sized bedrooms.Step outside to your private desert oasis featuring a sparkling pool and spa with automated iAquaLink controls, new pool tile, lush landscaping, new sod, updated irrigation, mature ficus trees, a relaxing gazebo, multiple gathering areas, and beautiful mountain views.The attached two-car garage is currently arranged as an entertaining game room and features a newer mini-split HVAC system, creating additional recreational space for owners and guests.Ideally located just over a mile approximately from the Empire Polo Club and minutes from world-class golf, dining, casinos, shopping, hiking, and entertainment, the property is positioned in one of Indio's most sought-after event-driven locations. Best of all, there is no HOA, offering added flexibility for personal enjoyment or continued short-term rental use, subject to applicable city regulations and permit requirements.Whether you are seeking an income-producing investment, a luxurious desert escape, or a spacious full-time residence, this exceptional property delivers outstanding lifestyle and rental appeal. Experience the best of desert livingschedule your private showing today!

Features & Amenities

FeeBuilt 1993

Property Details

Land Type
Fee
Year Built
1993
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Laminate, Tile
City
Indio
Zip Code
92201
County
Riverside
Listed byEquity Union, Mona Flaum

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
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

$699K
Residential Tier
Beds
5
Baths
3
Sqft
1,769
Lot
7,841 sqft
Year
1993
$/Sqft
$395
Pool: Yes✓
Spa: Yes✓
View: mountain✓

Listed 33.1% above the median closed sale of $525,000. Price per sqft ($395) is a 66% premium to closed comps ($238). Closed comps sold at 80% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $699K· $395/sqft
Total list price
Closed comps
vs closed median $525K
+$174K (+33.1%)
Active comps
vs active median $665K
+$34K (+5.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $365
+$30 (+8.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
47675 Peony PlaceIndio1999431,7699,148$376$665,00031279
38811 Camino BuendiaIndio2014321,7569,583$322$565,00019572
80529 Avenida CamarilloIndio2005221,4634,792$273$399,00015669
43157 Armonia CourtIndio2006332,1573,920$447$965,00016667
42836 Del Lago CourtIndio2005532,4317,841$405$985,00014666
Total: 5 · Average3.42.61,915.27,056.8$364.6$715,800195
Median1,769$665,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
82013 Cochran DriveIndio200510/06/2026321,7966,534$545,000$525,000$2920.967676
37566 Ullswater DriveIndio200609/30/2026321,5738,712$439,900$415,000$2640.9414574
84081 AzzuraIndio201110/02/2026321,7376,098$485,000$48,500$280.104374
80559 Virginia AvenueIndio200210/08/2026321,5009,148$525,000$525,000$3501.005073
81147 Mariposa CircleIndio200209/30/2026432,0858,276$537,000$530,000$2540.9921071
Total: 5 · Average3.22.21,738.27,753.6$408,700$408,700$237.6—104.8
Median1,737$525,000$525,000

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.