46750 Mountain Cove Drive 16, Indian Wells, California 92210, Indian Wells, 92210 - 2 bed, 2 bath
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Indian Wells, California 92210
This Versatile Desert Condominium is listed at $499,000, offering a rare opportunity to own Fee Simple Land in the exclusive Indian Wells community. While the $410,025 Fair Market Value reflects its Fair Condition Rating, the property’s value is bolstered by its unique 7-day rental minimum and Mountain Views of the Eisenhower Range. Located near Gerald R. Ford Elementary, the home features a private two-story layout and lower utility costs via IID Electric. It is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 46750 Mountain Cove Drive 16 Subject | $459,000* List Price | 2 | 2 | 1,152 | $353 | - |
A 78205 Cortez Lane 177 Sold | $370,000 | 2 | 3 | 1,152 | $321 | 0.1 mi |
B 78255 Cabrillo Lane 117 Sold | $336,000 | 1 | 2 | 864 | $389 | 0.1 mi |
C 46700 Mountain Cove Drive 9 Active | $450,000 List Price | 2 | 3 | 1,152 | $391 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1972, is well-maintained and appears clean throughout. However, the kitchen features dated white appliances, basic countertops, and older cabinet styles, indicating it has not been extensively renovated recently. The bathrooms, while functional and clean, also show signs of being outdated. While move-in ready, it requires minor updates to the kitchen and bathrooms to meet current aesthetic standards, aligning with the 'Fair' condition criteria.
The property is situated on fee simple land, a significant advantage for a condominium, offering full ownership rights rather than a leasehold.
Strategically located near Indian Wells Tennis Gardens, Point Happy, Old Town La Quinta, and El Paseo, offering convenient access to premier amenities and entertainment.
Unique two-story layout with no neighbors above or below, providing a more private, house-like living experience within a condominium setting.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =436, other record lot size in square feet = 523.
Built in 1972, the property is over 50 years old, which may necessitate updates to systems or aesthetics to meet modern standards.
The description does not specify a central cooling system, which is a critical amenity in the desert climate of Indian Wells and could be a significant drawback.
Situated on FEE SIMPLE LAND that you own, this peaceful, 2-bedroom, property offers a resort setting nestled at the base of the Eisenhower Mountain Range. There are 2 stories on the property with spacious living and kitchen areas on the main level. The comfortably separated bedrooms on the 2nd level feature vaulted, beamed ceilings and the upstairs is accessible through the inside or from the outside staircase (BONUS, no neighbors above or below, you own both levels!). The patio space is located on the main floor and has plenty of room to set up and enjoy the serene desert evenings. Washer/Dryer within the unit and the Water heater was replaced in 2025!!The home is on IID (LOWER ELECTRICITY COST), and the community is in a PRIME LOCATION in Indian Wells near the Indian Wells Tennis Gardens, Point Happy and Old Town La Quinta, as well as a quick jaunt to El Paseo. 7 Day+ rental minimum, buyer to verify and obtain licensing. Come check out Mountain Cove and all it has to offer! UNFURNISHED Long-term Lease available at $2,100 per month.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 47% |
| Baths | 2.0 | 3.0 | 41% |
| Square foot | 1,152 | 2,016 | 21% |
| Lot Size | 436 | 3,049 | 21% |
| Price | $459.0K | $725.0K | 24% |
| Price per sq ft | $398 | $398 | 50% |
| Built year | 1972 | 1972 | 50% |
| HOA | $550.0 | $790 | 24% |
| Days on market | 80 | 142 | 24% |
Apr 8, 2026
$459,000
$499,000
-8% Price Drop
Initial Listing
Feb 1, 2026
$499,000
Initial Listing
Nov 28, 2012
$128,000
Public Record
Oct 13, 2004
$56,000
Public Record