46700 Mountain Cove Drive 9, Indian Wells, California 92210, Indian Wells, 92210 - 2 bed, 3 bath

46700 Mountain Cove Drive 9
Indian Wells, California 92210
Property Price
SUMMARY
Analysis of 46700 Mountain Cove Drive 9, Indian Wells, California 92210 is currently available with a list price of $469,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Indian Wells Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1972, is well-maintained and clean, making it move-in ready. However, the kitchen features older white appliances and a backsplash/cabinet style that appears to be from a renovation 15-30 years ago. Similarly, the bathrooms are functional and clean, but the vanities, countertops, and tile work show signs of being outdated rather than recently updated. The tile flooring throughout is also an older style. While functional, these elements would require minor updates for a contemporary aesthetic, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Rental Income Potential
The property offers unique flexibility with a 'lock-off' feature allowing for 3 different configurations, maximizing short-term rental income (7+ days allowed) or versatile personal use.
- Prime Gated Indian Wells Location
Situated in a prestigious, gated Indian Wells community, providing security, exclusivity, and convenient access to world-class events (Tennis Garden, Coachella) and upscale amenities (El Paseo).
- Fee Land Ownership
The property is on 'FEE land,' meaning the buyer owns the land outright, avoiding the complexities and costs associated with land leases common in some desert areas.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1742, other record lot size in square feet = 1623.
- Property Age
Built in 1972, the property is over 50 years old, potentially indicating dated systems, infrastructure, or finishes that may require future updates or renovations to meet modern standards.
- Compact Interior Square Footage
With 1152 sqft for a 2-bedroom, 3-bathroom unit, the interior living space is relatively modest, which might feel constrained despite the 'open floorplan' description, especially when accommodating up to 6 guests.
About 46700 Mountain Cove Drive 9
FEE land (you own it!) The development allows for short-term rentals of 7 days or longer! 2 large bedrooms, en suite plus a 3rd full bathroom that allows for 6 guests comfortably. Large, open floorplan with the opportunity to lock off one bedroom and bathroom into a separate, revenue-building suite with a separate entrance, its own temperature control and water heater. In fact, this unit will lock off 3 different ways allowing it to pay you, and have it available for private use! Full flexible, revenue building resort living for you, your guests or family in a beautiful Indian Wells gated location. South-side of Highway 111 with ample storage, clean lines, and on IID Electric (lower bills). Light floods through the large floor-to-ceiling glass sliding windows that spill into an oversized, wraparound porch accessed from the great room, and primary bedroom. True outdoor living adjacent to 3 exquisitely maintained pools and grounds, all with the exclusive address, benefits and amenities of Indian Wells. Walk to the Indian Wells Tennis Garden to take in world-class tournament play or grab the shuttle to the Coachella Music & Arts Festival. Small-town living with big-time amenities! Close to El Paseo shopping district, Old Town La Quinta, Seasonal Polo, Horse jumping at Desert International Horse Park, Thermal Club for racing, Modernism Week, Desert X art and more! Central valley convenience with gated, Indian Wells security!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- 1,742 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $486.0 / Month
Neighborhood Insights
Indian Wells Unified Schools
Gerald R. Ford Elementary School
Grades K-5 • 1.3 mi
Palm Desert High School
Grades 9-12 • 3.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,152 | 2,000 | 24% |
| Lot Size | 1,742 | 3,049 | 38% |
| Price | $469.0K | $740.0K | 24% |
| Price per sq ft | $407 | $392 | 62% |
| Built year | 1972 | 1972 | 50% |
| HOA | $486.0 | $778 | 17% |
| Days on market | 58 | 169 | 14% |
Pricing History
Listed for Sale
Jan 8, 2026
$469,000
Initial Listing
Sold
May 17, 2023
$505,000
Public Record
Sold
Jul 15, 2022
$480,000
Public Record
Sold
Mar 21, 2013
$152,000
Public Record
Sold
Feb 25, 2003
$56,000
Public Record
















































