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

46638 Arapahoe Lane B, Indian Wells, California 92210 home-pic-0
ACTIVE$525,000
46638 Arapahoe Lane B, Indian Wells, California 92210
2Beds
2Baths
1,446Sqft
3,485Lot
Year Built
1980
Close
-
List price
$525K
Original List price
$550K
Price/Sqft
$363
HOA
$546
Days on market
-
Sold On
-
MLS number
219130651DA
Home ConditionExcellent
Features
Excellent View: Desert, Hills, Mountain(s)
Deck
ViewDesert, Hills, Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $525.0K(36th), sqft - 1446(32th), beds - 2(50th), baths - 2(50th).

This is perhaps the nicest condo in the entire community - bring ALL offers! *** Long term lease in place starting Nov. 1st, 2025...so new owner can enjoy rental revenue right away! *** Freshly renovated with high-end designer touches throughout such as Versace wallpaper, custom tile-work, and furnishings from Anthropologie and Crate & Barrel. Beautiful, gated Mountain Cove is one of the secret hidden jewels of Indian Wells. Directly adjacent to the legendary Indian Wells CC, and nestled right next to the dramatic Santa Rosa mountains, it offers an absolutely perfect location to its residents. Spacious and well laid-out, this second floor unit features a gorgeous vaulted wood-plank beamed ceiling, gleaming stainless kitchen, and TWO large bedrooms - each with their own private remodeled baths. Then, the entire condo is surrounded by cozy outside patio decks. Large great room with soaring ceiling and gas fireplace is totally open to the dining area and kitchen. Efficient kitchen offers newer appliances, custom cabinetry, and a beautiful quartz waterfall countertop. Convenient inside laundry room with full-sized washer and dryer is conveniently located right off the kitchen. Both bedrooms are well separated ensuring maximum privacy and comfort. Entire condo was completely remodeled recently and is being offered TURN-KEY FURNISHED, allowing its new owners to move right in - OR for immediate use as a luxury rental. Nice corner, end-unit with its own 1-car garage, plus parking space. Indian Wells offers its residents unparalleled amenities such as steeply discounted golfing at two championship courses, discounts at all IW resorts and spas, free use of the Grand Hyatt fitness center, and much more. Condo is within easy walking distance to the world-famous Indian Wells Tennis Garden, home of the ''5th Slam'' BNP Paribas tennis tournament. Von's, Trader Joe's, Stater Bros grocers are a 5-minute drive away as are many restaurants, services, medical. Only 10 minutes to famed El Paseo shopping district with its upscale restaurants, galleries, shopping and amenities, College of the Desert, and McCallum Theater. Golf cart ride to several top golfing venues.

Nearby schools

8/10
Gerald R. Ford Elementary School
Public,•K-5•1.3mi
7/10
Palm Desert High School
Public,•9-12•3.6mi

Price History

Date
Event
Price
08/26/25
Price Change
$525,000
05/27/25
Listing
$550,000
Condition Rating
Excellent
Despite being built in 1980, the MLS description explicitly states the condo was 'freshly renovated with high-end designer touches throughout' and 'completely remodeled recently.' The images confirm this, showcasing a modern kitchen with newer stainless steel appliances, custom two-tone cabinetry, and a quartz waterfall countertop. Both bathrooms are also fully remodeled with contemporary tiles, vanities, and fixtures. The property features new wood-look flooring, fresh paint, and modern light fixtures throughout, indicating all components are virtually new and meet current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive High-End Renovation & Turn-Key: The condo has been freshly renovated with high-end designer touches, custom tile-work, and is offered fully furnished with quality pieces, allowing for immediate move-in or rental use.
Prime Indian Wells Location & Community Amenities: Situated in the gated Mountain Cove community, adjacent to Indian Wells CC and Santa Rosa mountains, residents benefit from discounted golfing, resort access, and a free Grand Hyatt fitness center membership.
Strong Rental Income Potential: A long-term lease is already in place starting November 1st, 2025, providing immediate rental revenue for a new owner, making it an attractive investment property.
Desirable Interior Features & Layout: The unit boasts a spacious, well-laid-out floor plan with a vaulted wood-plank beamed ceiling, a gleaming stainless kitchen with quartz waterfall countertop, and two large bedrooms with private remodeled baths.
Convenient Access to Local Attractions & Services: The property is within walking distance to the Indian Wells Tennis Garden and a short drive to grocery stores, restaurants, medical facilities, and the upscale El Paseo shopping district.

Cons

Existing Long-Term Lease: The current long-term lease in place until November 2025 means the property is not available for immediate owner occupancy, which may deter buyers seeking a primary residence or sooner move-in date.
Second-Floor Unit: As a second-floor unit, it requires stair access, which could be a drawback for buyers with mobility challenges or those preferring ground-level living.
Monthly Association Fees: The property carries a significant monthly association fee of $546.0, which adds to the recurring cost of ownership and should be factored into a buyer's budget.

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