46855 Mountain Cove Drive 84, Indian Wells, California 92210, Indian Wells, 92210 - 1 bed, 1 bath

46855 Mountain Cove Drive 84, Indian Wells, California 92210 home-pic-0
ACTIVE$319,900
46855 Mountain Cove Drive 84, Indian Wells, California 92210
1Bed
1Bath
576Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Stunning Mountain Views: The property boasts stunning mountain views from its location tucked in the Santa Rosa Mountains, enhancing its aesthetic appeal and desirability.
Top Cons:
Limited Living Space: With only one bedroom, one bathroom, and 576 square feet, the property offers limited living space, which may not suit buyers seeking more expansive accommodations.

Compared to the nearby listings

Price:$319.9K vs avg $647.5K ($-327,600)18%
Size:576 sqft vs avg 1,957.5 sqft18%
Price/sqft:$555 vs avg $38791%

More Insights

Built in 1972 (53 years old).
Condition: Despite being built in 1972, this property has undergone a stunning and extensive recent renovation, bringing the interior to an 'excellent' condition. The kitchen features new GE stainless steel appliances, modern white flat-panel cabinetry, quartz countertops, a stylish dark blue subway tile backsplash, and contemporary fixtures. The bathroom is equally updated with a floating vanity, modern faucet, and an illuminated mirror. New wood-look laminate flooring and recessed lighting are present throughout the unit, making the interior virtually new and meeting current quality standards with no visible deferred maintenance.
Year Built
1972
Close
-
List price
$320K
Original List price
$340K
Price/Sqft
$555
HOA
$265
Days on market
-
Sold On
-
MLS number
219130336DA
Home ConditionExcellent
Features
Excellent View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to Mountain Cove in Indian Wells!Tucked in the Santa Rosa Mountains. Stunning mountain views everywhere you look. Mature citrus trees, 3-outdoor pools (heated in the winter months). Community EV charge station. This stunningly remodeled and private, ground floor one bedroom has all new flooring, and GE appliances, including full washer/dryer. Recessed canned lighting with night light option. Mountain Cove allows Short-Term Rentals with a 7-day rental minimum, a great opportunity for a return on investment for a seasonal owner. All Indian Wells residents can enjoy exclusive perks - at the IW Club for a discounted rate, complimentary access to the Hyatt Regency gym, discounts at local restaurants and hotels and complimentary annual tournament tickets at Indian Wells Tennis Gardens.

Nearby schools

8/10
Gerald R. Ford Elementary School
Public,K-51.4mi
7/10
Palm Desert High School
Public,9-123.6mi
Condition Rating
Excellent

Despite being built in 1972, this property has undergone a stunning and extensive recent renovation, bringing the interior to an 'excellent' condition. The kitchen features new GE stainless steel appliances, modern white flat-panel cabinetry, quartz countertops, a stylish dark blue subway tile backsplash, and contemporary fixtures. The bathroom is equally updated with a floating vanity, modern faucet, and an illuminated mirror. New wood-look laminate flooring and recessed lighting are present throughout the unit, making the interior virtually new and meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Stunning Mountain Views: The property boasts stunning mountain views from its location tucked in the Santa Rosa Mountains, enhancing its aesthetic appeal and desirability.
Extensive Community Amenities: Residents benefit from three outdoor pools (heated in winter), a community EV charge station, and exclusive Indian Wells perks including discounted IW Club access, Hyatt Regency gym, local discounts, and complimentary tennis tournament tickets.
Recently Remodeled Interior: The ground-floor unit has been stunningly remodeled with new flooring, GE appliances (including a full washer/dryer), and recessed canned lighting, offering a modern and updated living space.
Strong Investment Potential: The Mountain Cove community permits short-term rentals with a 7-day minimum, presenting an excellent opportunity for return on investment, particularly for seasonal owners.
Prime Indian Wells Location: Situated in the desirable city of Indian Wells, known for its upscale lifestyle and the exclusive resident benefits that add significant value and appeal.

Cons

Limited Living Space: With only one bedroom, one bathroom, and 576 square feet, the property offers limited living space, which may not suit buyers seeking more expansive accommodations.
Age of Building Structure: Despite the interior remodel, the building was constructed in 1972, which could imply older communal infrastructure and potentially higher long-term association maintenance costs or future special assessments.
Recent Price Reduction: The property has seen a recent price reduction from $340,000 to $319,900, which could indicate initial overpricing or a need to attract more buyer interest in the current market.

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