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38075 Patrick Drive, Indio, CA 92203

$1.6M2bd · 2ba · 2,118 sqft
Lot 87,120 sqftSingle Family Residence
Active
17d on marketMLS# 219149765

Property Description

Unlock the potential of this walled and gated 2.12-acre property featuring a charming 2-bedroom, 2-bath home with an open-concept great room, updated kitchen and bathrooms, and a private two-car garage. Whether you're envisioning a private ranch, a peaceful desert retreat, future expansion, or an investment opportunity, this versatile property offers exceptional flexibility. The sale includes two parcels totaling approximately 2.12 acres and may present the potential for future rezoning or development with multiple homes, subject to City of Indio approval. Short-term rental opportunities may also be available, subject to local regulations. With wide-open space and endless opportunities to customize, this unique property is ready for you to bring your vision to life.

Features & Amenities

Not ApplicableFeeBuilt 1981

Property Details

Subdivision
Not Applicable
Land Type
Fee
Year Built
1981
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
17
Garage Spaces
2
Heating
Forced Air
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Laminate
City
Indio
Zip Code
92203
County
Riverside
Listed byKeller Williams Luxury Homes, Signe Beck·760-409-5181

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,090.47
Principal & Interest
Loan Amount
$1,280,000
Total Interest
$1,632,569
Total Payment Over 30 Years
$2,912,569
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

Luxury Tier · 5 active · 5 closed

38075 Patrick Drive, Indio, CA 92203

Not Applicable · Indio · Single Family Residence

$1.6M
Luxury Tier
Beds
2
Baths
2
Sqft
2,118
Lot
2.12 ac
Year
1981
$/Sqft
$755
Pool: No
Spa: No
View: mountain
Garage: 2-car

Listed 236.8% above the median closed sale of $475,000. Price per sqft ($755) is a 157% premium to closed comps ($294). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.60M· $755/sqft
Total list price
Closed comps
vs closed median $475K
+$1.13M (+236.8%)
Active comps
vs active median $625K
+$975K (+156.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $367
+$388 (+105.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
82445 Murray Canyon DriveIndio2018221,6225,663$385$624,900668
82375 Round Valley DriveIndio2023221,6225,606$406$659,0003067
82395 Murray Canyon DriveIndio2018221,6226,098$385$625,00010867
50320 Havasu Falls DriveIndio2023221,6225,454$339$549,9958167
83225 Greenbrier DriveIndio2004321,6306,534$319$520,0003866
Total: 5 · Average2.22.01,623.65,871$366.8$595,77952.6
Median1,622$624,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
80244 Royal Dornoch DriveIndio199805/13/2026221,7075,663$399,000$385,000$2260.963370
79465 Avenue 38thIndio197905/27/2026221,680361,548$799,000$629,000$3740.7926068
43842 Treviso DriveIndio201905/11/2026221,7045,227$429,000$415,000$2440.978868
83242 Antigua DriveIndio200306/30/2026321,7248,276$475,000$475,000$2761.003868
51216 Longmeadow StreetIndio201406/16/2026221,6235,663$579,000$570,000$3510.983768
Total: 5 · Average2.22.01,687.677,275.4$494,800$494,800$294.291.2
Median1,704$475,000$475,000

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.