20231204010512324114000000-o
1 / 46

53841 Slate Drive, Coachella, CA 92236

$600K4bd · 3ba · 1,764 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•71d on market•MLS# 219151765

Property Description

Your Airbnb or short-term rental dream home awaits! With no HOA and located in one of the fastest-growing cities in the Coachella Valley, this immaculate property offers endless possibilities for both homeowners and investors. Built in 2006 and situated on a premium oversized lot, this 4-bedroom, 4-bathroom home features stunning southwest-facing views of the Santa Rosa Mountains. The spacious floor plan includes a downstairs bedroom and full bathroom, making it ideal for guests or multi-generational living. The inviting exterior boasts a covered front patio, stacked stone accents, and a large grassy yard with plenty of room to add a pool. Upstairs, the primary suite offers dual sinks, a walk-in closet, and a shower/tub combination. Conveniently located just minutes from the Empire Polo Club, home of the world-famous Coachella and Stagecoach festivals, this property is perfectly positioned for short-term rental opportunities. Enjoy easy access to fine dining, shopping, entertainment, and world-class golf courses. Whether you're looking for a family home, vacation retreat, or investment property, this home checks all the boxes. Don't miss this incredible opportunity!

Features & Amenities

SomersetFeeBuilt 2006

Property Details

Subdivision
Somerset
Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
6
Garage Spaces
2
Heating
Central, Forced Air
Cooling
Air Conditioning, Central Air
View
Mountain(s)
Flooring
Tile
City
Coachella
Zip Code
92236
County
Riverside
Listed byColdwell Banker Realty, Hubbard Group·818-661-0162

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,033.93
Principal & Interest
Loan Amount
$480,000
Total Interest
$612,214
Total Payment Over 30 Years
$1,092,214
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

About Somerset

This property is located in Somerset, a community in Coachella. Explore more listings in this neighborhood to compare options and pricing.

View Somerset Listings

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

53841 Slate Drive, Coachella, CA 92236

Somerset · Coachella · Single Family Residence

$600K
Residential Tier
Beds
4
Baths
3
Sqft
1,764
Lot
6,970 sqft
Year
2006
$/Sqft
$340
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 9.1% above the median closed sale of $550,000. Price per sqft ($340) is a 21% premium to closed comps ($280).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $600K· $340/sqft
Total list price
Closed comps
vs closed median $550K
+$50K (+9.1%)
Active comps
vs active median $595K
+$5K (+0.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $306
+$34 (+11.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
50027 Calle TolosaCoachella2004441,9126,970$282$539,0004766
51470 N Two PalmsIndio2017321,9296,970$357$689,0001163
50700 Havasu Falls DriveIndio2021321,8477,405$352$650,0003963
85902 Avenida RaylynnCoachella2006332,0826,970$264$550,0004562
49510 Copperidge StreetCoachella2005542,1627,405$275$594,9994860
Total: 5 · Average3.63.01,986.47,144$306$604,599.838
Median1,929$594,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
53828 Sienna CircleCoachella200501/09/2026321,7646,970$550,000$550,000$3121.006584
84133 La Jolla AvenueCoachella201308/19/2026432,3956,098$595,000$590,000$2460.996166
50252 Paseo BarcelonaCoachella202002/18/2026421,9516,970$539,900$525,000$2690.9713164
50610 Calle CebrinoCoachella202311/21/2025421,9596,606$545,000$530,000$2710.9710263
84032 Calle GranadaCoachella200708/21/2026421,8126,534$560,000$550,000$3040.985862
Total: 5 · Average3.82.21,976.26,635.6$549,000$549,000$280.4—83.4
Median1,951$550,000$550,000

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.