
Indian Wells, California 92210
This Mountain Cove Condominium is a High-Potential Investment Opportunity, listed at $359,000—positioned above the $347,761 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, it offers significant lifestyle value through its unobstructed panoramic mountain views, semi-private pool, and access to exclusive Indian Wells golf benefits. Located near top-rated schools like Gerald R. Ford Elementary, this home balances long-term appreciation potential with a serene, resort-style environment. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46646 Arapahoe Lane B Subject | $359,000* List Price | 2 | 2 | 1,446 | $240 | - |
A 46621 Arapahoe Lane A Active | $349,497 List Price | 2 | 2 | 1,446 | $242 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is well-maintained but aesthetically dated. The kitchen and bathrooms feature older Corian countertops, fluorescent light boxes, and cabinetry styles consistent with a renovation performed over 20 years ago. While move-in ready, it requires cosmetic updates to meet modern standards.
Positioned as an upper-level end unit, the condo offers enhanced privacy and stunning mountain vistas from the dining area, kitchen, and multiple balconies.
The interior boasts soaring vaulted ceilings accented by exposed wood beams and a cozy fireplace, creating an open, light-filled, and inviting atmosphere.
Property owners gain access to coveted Indian Wells advantages, including championship golf at the Indian Wells Resort for as little as $35 per round.
The monthly HOA fee is $655, which adds a significant recurring expense to the overall cost of ownership.
Built in 1980 and featuring older finishes like Corian countertops, some buyers may desire modern renovations to update the aesthetic.
A+ location in Indian Wells near an abundance of shopping, restaurants, entertainment, golf courses and all conveniences. This property is nestled within the gated enclave of Mountain Cove that abuts the beautiful Indian Wells Country Club Golf Course. This is upper-level end unit that gives added privacy. It offers a unique sense of privacy and seclusion in a park-like setting with a dramatic lawn area, semi-private pool and a rustic mountain backdrop all bursting with colors. This is complemented by breathtaking mountain vistas that can be enjoyed from the dining area, kitchen, side and front balconies. Along with the two balconies off the great room and primary suite, this two-bedroom, two bath condo creates a stunning backdrop for everyday living. Inside, the great room is filled with natural light and features soaring vaulted ceilings accented by exposed wood beams, a cozy fireplace, and direct access to the view balcony. The kitchen is open to the great room, making it ideal for entertaining, and includes Corian countertops and ample workspace. Eighteen-inch diagonally laid tile flooring is used extensively, enhancing the spacious feel and easy maintenance. The primary suite is a relaxing retreat with a private view balcony, large walk-in closet, dual vanities, and a shower/tub combination with textured glass enclosure. The guest bedroom offers a very deep and roomy closet with loads of storage and offers direct access to the front patio and direct access to the bathroom, effectively creating two master suites. This bathroom includes a larger tile shower and large counter area with a single sink. Additional features include an in-home laundry room/storage closet. Whether you're seeking a full-time residence, seasonal retreat, or investment property, this Mountain Cove home delivers spectacular views, comfortable living spaces, and the coveted Indian Wells lifestyle. As an Indian Wells homeowner, you will enjoy many exclusive benefits, including golf at the exclusive Indian Wells Resort with two championship golf courses for as little as $35 per round! Many stores and restaurants like Trader Joes, Sprouts, Target, Petco, Lowes, Starbucks, Cliffhouse Restaurant, LGs Prime Steakhouse, Okura, In-N-Out, Century Cinemark Theater, Indian Wells Resort Golf Course (36 holes), Indian Wells Tennis Garden - the list goes on - all within 5-7 minutes driving time.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,446 | 2,345 |
| Lot Size | 1,439 | 2,794 |
| Price | $359.0K | $875.9K |
| Price per sq ft | $248 | $434 |
| Built year | 1980 | 1979 |
| HOA | $655.0 | $800 |
| Days on market | 28 | 67 |
Jun 24, 2026
$359,000
Initial Listing
Mar 31, 2010
$145,000
Public Record