48124 Chandler Court, Indio, California 92201, Indio, 92201 - 3 bed, 2 bath
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Indio, California 92201
This Turnkey Hybrid Residence is listed at $710,000, representing a stable acquisition near its $674,956 Fair Market Value. Boasting a Good Condition Rating, the home features a remodeled granite kitchen and a recently redone pool and spa with panoramic mountain views. The property offers a rare 3.5% assumable mortgage and an active Indio short-term rental license, providing significant financial leverage and immediate income potential. Located in the Bella Vida subdivision, this pristine asset is perfectly suited for Short-Term Rental Investors or Second-Home Buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48124 Chandler Court Subject | $710,000* List Price | 3 | 2 | 1,976 | $342 | - |
A 48580 Gibraltar Street Sold | $699,000 | 4 | 3 | 2,108 | $332 | 0.8 mi |
B 47705 Tulip Sold | $755,000 | 4 | 3 | 1,750 | $431 | 0.3 mi |
C 81060 Paloma Circle Sold | $531,000 | 4 | 3 | 2,085 | $255 | 0.1 mi |
D 80435 Paseo De Tiempo Sold | $785,000 | 4 | 3 | 2,391 | $328 | 0.6 mi |
E 47748 Calle Hermosa Sold | $525,000 | 4 | 3 | 2,061 | $255 | 0.4 mi |
F 80683 Martinique Avenue Sold | $550,000 | 4 | 2 | 2,035 | $270 | 0.4 mi |
G 48431 Panorama Avenue Active | $590,000 List Price | 3 | 2 | 1,850 | $319 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 2003 (21 years old), the property has undergone significant renovations that place it in the 'Good' category. Key updates include a remodeled kitchen with chiseled-edge granite and stainless appliances, updated hard-surface flooring throughout, a modern stacked-stone fireplace, and a recently redone pool deck and coping. The home is pristine and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 1976.
The property features a rare 3.5% assumable mortgage with an approximately $400,000 balance, providing a significant financial advantage and interest savings in the current high-rate environment.
Equipped with an active Indio short-term rental license and maintained in pristine condition, this home is perfectly positioned for immediate use as a high-yield vacation rental or secondary residence.
To take advantage of the assumable mortgage, a buyer must provide a substantial down payment of approximately $310,000 to cover the equity gap, which may limit the pool of eligible purchasers.
At a $710,000 price point, a three-bedroom configuration may face stiff competition from larger four-bedroom residences or newer builds within the Indio South market.
Here is the dream home you have been waiting for! This home has a 3.5% assumable mortgage with approximately $400,000 balance with lender approval This pristine and well-maintained home is the perfect primary home, second home or short term rental. The home has the Indio license for short term rentals but has mainly been the primary residence for the homeowners. You will love the gorgeous pool and spa with coping and decking recently redone. The home features 3 bedrooms, 2 baths, 2 car oversized garage with upgrades galore. The great room is spacious with open dining area and views to the lush back yard with covered patio and large pool and spa. The kitchen has slab granite counters with chiseled edge and stainless appliances. The main bedroom has a walk in closet and ensuite bath with double vanities and walk in shower plus soaking tub. The 2nd bath is also upgraded with double vanities and convenient to bedrooms 2 and 3. All the floors are hard surface. Ceiling fans help cool and circulate air. The garage has storage cabinets and plenty of room for 2 cars. This home is conveniently located to events, stores restaurants, and schools. You will love this home and the wonderful life you will enjoy.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,976 | 1,985 | 49% |
| Lot Size | 8,276 | 6,534 | 76% |
| Price | $710.0K | $569.0K | 77% |
| Price per sq ft | $359 | $299 | 78% |
| Built year | 2003 | 2004 | 49% |
| HOA | $0 | $222 | 23% |
| Days on market | 5 | 176 | 0% |
Apr 17, 2026
$710,000
Initial Listing
Jan 20, 2021
$384,000
Public Record
Oct 28, 2005
$447,000
Public Record
Aug 26, 2003
$220,000
Public Record