46638 Arapahoe Lane A, Indian Wells, California 92210, Indian Wells, 92210 - 2 bed, 2 bath

46638 Arapahoe Lane A, Indian Wells, California 92210 home-pic-0
ACTIVE$425,000
46638 Arapahoe Lane A, Indian Wells, California 92210
2Beds
2Baths
1,446Sqft
3,485Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in the desirable Indian Wells, the property is minutes from top-tier shopping and dining, offering a convenient and upscale lifestyle.
Top Cons:
Land Lease Structure: The property is on a land lease through 2069, which can complicate financing options, potentially impact long-term appreciation, and may deter some buyers due to the finite lease term.

Compared to the nearby listings

Price:$425.0K vs avg $647.5K ($-222,500)32%
Size:1,446 sqft vs avg 1,957.5 sqft32%
Price/sqft:$294 vs avg $36818%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this property has undergone extensive and high-quality renovations, particularly in key areas. The kitchen features modern white shaker cabinets, pristine quartz countertops, a stylish subway tile backsplash, and new stainless steel appliances, making it look virtually new and meeting current design standards. The bathrooms have also been remodeled with contemporary floating vanities, vessel sinks, and modern fixtures. The description confirms 'all-new flooring throughout,' which is evident in the consistent, light wood-look flooring seen in the images. These updates align with the 'extensively renovated within 5 years' criteria for an 'Excellent' rating, providing a move-in ready home with a fresh, modern aesthetic.
Year Built
1980
Close
-
List price
$425K
Original List price
$425K
Price/Sqft
$294
HOA
$546.5
Days on market
-
Sold On
-
MLS number
219132578DA
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Opportunity meets flexibility in the heart of Indian Wells! Whether you're ready to buy now, lease with the option to own, or simply enjoy a long-term lease, this updated 2 bed, 2 bath condo in the scenic gated community of Mountain Cove has you covered. Step inside to find all-new flooring throughout, a modernized kitchen with fresh counters, floors, and sink, and remodeled bathrooms that offer both style and comfort. Cozy up by the fireplace, take in stunning mountain views from one of three private patios, and enjoy convenient main-level living with a shared two-car garage. The community features a resort-style pool and spa, and you're just minutes from top-tier shopping and dining. Located in the Imperial Irrigation District for lower electric costs and on a land lease through 2069, this is a rare blend of lifestyle, location, and long-term value. Don't miss your chance to make this your next move.

Nearby schools

8/10
Gerald R. Ford Elementary School
Public,K-51.3mi
7/10
Palm Desert High School
Public,9-123.6mi
Condition Rating
Excellent

Despite being built in 1980, this property has undergone extensive and high-quality renovations, particularly in key areas. The kitchen features modern white shaker cabinets, pristine quartz countertops, a stylish subway tile backsplash, and new stainless steel appliances, making it look virtually new and meeting current design standards. The bathrooms have also been remodeled with contemporary floating vanities, vessel sinks, and modern fixtures. The description confirms 'all-new flooring throughout,' which is evident in the consistent, light wood-look flooring seen in the images. These updates align with the 'extensively renovated within 5 years' criteria for an 'Excellent' rating, providing a move-in ready home with a fresh, modern aesthetic.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in the desirable Indian Wells, the property is minutes from top-tier shopping and dining, offering a convenient and upscale lifestyle.
Extensively Updated Interior: The condo features all-new flooring throughout, a modernized kitchen with fresh counters, floors, and sink, and remodeled bathrooms, providing a move-in ready experience.
Resort-Style Gated Community: Located within the scenic gated community of Mountain Cove, residents benefit from enhanced security and access to a resort-style pool and spa.
Flexible Ownership/Lease Options: The unique offering of buy, lease-option, or long-term lease provides significant flexibility, appealing to a wider range of potential buyers or tenants.
Cost-Saving Utility & Scenic Views: The property is in the Imperial Irrigation District, resulting in lower electric costs, and boasts stunning mountain views from three private patios.

Cons

Land Lease Structure: The property is on a land lease through 2069, which can complicate financing options, potentially impact long-term appreciation, and may deter some buyers due to the finite lease term.
High Monthly Association Fees: The monthly association fee of $546.50 is substantial and adds a significant recurring cost to ownership, which could be a barrier for some buyers.
Shared Garage: The two-car garage is shared, which may lead to less privacy or potential inconveniences compared to a private, dedicated garage space.

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