Merus
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84701 Merus Avenue, Indio, CA 92203

$550K4bd · 4ba · 2,435 sqft
Lot 7,405 sqftHOA $135/moSingle Family Residence
Active
31d on marketMLS# 219151665

Property Description

SHORT-SALE OPPORTUNITY! Rare chance to acquire newer 2021 construction at a compelling value in North Indio. Buyers looking for space, modern construction, and the opportunity to create additional value will want to take a close look at this exceptional 4-bedroom, 3.5-bath residence. Inside, a bright and spacious open-concept floor plan offers the flexibility today's buyers are seeking. The generous bedroom configuration provides plenty of options for guests, a home office, gym, media room, or additional living space, while the private primary suite offers a comfortable retreat. The backyard is where the possibilities really open up. With a generous blank canvas, you can create your own desert oasis with a pool and spa, covered patio, outdoor kitchen, fire features, lush landscaping, or an expansive indoor-outdoor entertaining area. Built in 2021 and located within the gated Monte Vina community, this home offers the appeal of newer construction along with a community playground and convenient access to golf, dining, shopping, entertainment, outdoor recreation, and the best of the Coachella Valley. For buyers searching for newer construction at an attractive value, this short-sale opportunity offers space, flexibility, and tremendous potential to make the home your own.

Features & Amenities

Monte VinaFeeBuilt 2021

Property Details

Subdivision
Monte Vina
Land Type
Fee
Year Built
2021
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
2
Heating
Central, Natural Gas
Cooling
Air Conditioning, Central Air
View
Mountain(s)
Flooring
Carpet, Vinyl, Tile
Roof
Concrete
City
Indio
Zip Code
92203
County
Riverside
Listed bySolCal Properties, Andria C Day·760-902-1552

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
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

84701 Merus Avenue, Indio, CA 92203

Monte Vina · Indio · Single Family Residence

$550K
Residential Tier
Beds
4
Baths
4
Sqft
2,435
Lot
7,405 sqft
Year
2021
$/Sqft
$226
Pool: Yes
Spa: Yes
View: mountain
Garage: 2-car

Listed 20.9% below the median closed sale of $695,000. Price per sqft ($226) is a 23% discount to closed comps ($294).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $550K· $226/sqft
Total list price
Closed comps
vs closed median $695K
$145K (20.9%)
Active comps
vs active median $578K
$28K (4.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $298
$72 (24.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
84645 Litorale CourtIndio2021442,4163,485$413$999,00014671
41720 Amberley StreetIndio2004442,6088,276$220$575,00016669
80144 Barcelona AvenueIndio1998432,5918,276$301$779,00015565
40160 Padova DriveIndio2021422,0998,712$275$578,00014665
37930 Banbury StreetIndio2006431,8987,841$279$529,90017765
Total: 5 · Average4.03.22,322.47,318$297.6$692,180158
Median2,416$578,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
42696 Saragoza CourtIndio201809/11/2026432,5027,405$560,000$560,000$2241.003674
50590 Monterey Canyon DriveIndio202109/09/2026332,3677,423$749,000$700,000$2960.948170
83244 Verdin LaneIndio202609/04/2026442,4806,000$693,290$683,490$2760.9910066
82430 Round ValleyIndio202309/11/2026332,3677,889$1.06M$1.03M$4350.97064
82797 Sutton DriveIndio200409/09/2026552,9018,276$699,000$695,000$2400.9910363
Total: 5 · Average3.83.62,523.47,398.6$733,698$733,698$294.264
Median2,480$695,000$695,000

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.