20231204010512324114000000-o
1 / 46

53841 Slate Drive, Coachella, CA 92236

$600K4bd · 3ba · 1,764 sqft
Lot 6,970 sqft•Single Family Residence•
Active
•49d 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 14.3% above the median closed sale of $525,000. Price per sqft ($340) is a 17% premium to closed comps ($291). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $600K· $340/sqft
Total list price
Closed comps
vs closed median $525K
+$75K (+14.3%)
Active comps
vs active median $575K
+$25K (+4.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $308
+$32 (+10.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
50027 Calle TolosaCoachella2004441,9126,970$288$550,0002677
84119 Avenida EuropaCoachella2003421,5646,970$313$490,0001376
49510 Copperidge StreetCoachella2005542,1627,405$280$605,0002771
48939 Camino CortezCoachella2005331,6946,534$384$650,0003670
85902 Avenida RaylynnCoachella2006332,0826,970$276$575,0002467
Total: 5 · Average3.83.21,882.86,969.8$308.2$574,00025.2
Median1,912$575,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
50157 Calle TolosaCoachella200508/28/2026441,9127,405$550,000$555,000$2901.017176
84032 Calle GranadaCoachella200708/21/2026421,8126,534$560,000$550,000$3040.985770
84576 Vermouth DriveCoachella200605/18/2026321,4016,098$455,000$455,000$3251.003569
84481 Ruebens WayCoachella200508/12/2026432,0677,405$525,000$525,000$2541.0014669
48327 San Gorgonio PlaceCoachella200609/08/2026321,7986,970$492,000$508,000$2831.036569
Total: 5 · Average3.62.61,7986,882.4$518,600$518,600$291.2—74.8
Median1,812$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.