48304 Stewart Drive J1, Indio, California 92201, Indio, 92201 - 2 bed, 1 bath

48304 Stewart Drive J1
Indio, California 92201
Property Price
SUMMARY
Analysis of 48304 Stewart Drive J1, Indio, California 92201 is currently available with a list price of $230,000. 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 Indio 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.
While the main living area and kitchen appear to have undergone a significant, modern renovation with new tile flooring, recessed lighting, and contemporary finishes, the property's overall condition is mixed. Built in 1982, other rooms (as seen in images 9 and 10) retain older features such as popcorn ceilings, dated tile, and carpeting, indicating they have not been updated. This blend of modern and outdated elements, coupled with the property's age, suggests it requires minor updates in some areas to achieve a consistent modern aesthetic, aligning with a 'Fair' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Rental Income Potential
The property is uniquely eligible for short-term rentals with no rental restrictions, making it an outstanding investment opportunity for generating significant income.
- Extensive Community Amenities
Residents benefit from 24-hour gated security, two swimming pools (including a new resort-quality complex), grass courtyards, a professional putting green, and a barbecue/fire pit area, enhancing lifestyle and property value.
- Low HOA with High Value
A low monthly HOA fee of $392 provides access to a comprehensive suite of amenities and gated security, offering excellent value for money within a desirable community.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =871, other record lot size in square feet = 631.
- Compact Living Space
With only 704 sq. ft. of living space, the property offers a smart and efficient floor plan but may be considered small for some buyers or long-term residents.
- Older Property Age
Built in 1982, the property is over 40 years old, which may imply older systems or potential for future maintenance and updates compared to newer constructions.
About 48304 Stewart Drive J1
Great Starter Home Opportunity in Indian Palms Country Club! This inviting 2-bedroom, 1-bath residence offers a smart and efficient floor plan with 704 sq. ft. (EST.) of comfortable living space--ideal for first-time buyers, part-time desert living, or a low-maintenance retreat. This home is also uniquely eligible for short-term rentals with no rental restrictions--an exceptional find within the community. A private patio opens to a lush, grassy greenbelt, providing a peaceful outdoor area rarely found in this price range. Ownership comes with 24-hour gated security, access to two swimming pools (including a brand-new, resort-quality pool complex), two spacious grass courtyards, a professional-quality 2,500-square-foot putting green, and a barbecue and fire pit area. Owners also enjoy two dedicated parking spaces adjacent to ample guest parking. These amenities, combined with the low monthly HOA of $392, make this property a truly one-of-a-kind starter home opportunity within a gated community. Just minutes from the Empire Polo Grounds, dining, shopping, and world-class festivals, this home delivers an exceptional blend of comfort, convenience, and value--an ideal entry point into desert living. Whether you're seeking a desert getaway, an investment property, or both--this is a rare opportunity not to be missed. An excellent opportunity for investors, 1031 buyers, or those seeking a flexible desert retreat with strong income potential.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1982
- Lot Size
- 871 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $392.0 / Month
Neighborhood Insights
Indio Unified Schools
Dr. Reynaldo J. Carreon Jr. Academy
Grades K-5 • 1.1 mi
Thomas Jefferson Middle School
Grades 6-8 • 1.0 mi
Indio High School
Grades 9-12 • 1.7 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 | 1.0 | 2.0 | 28% |
| Square foot | 704 | 1,094 | 22% |
| Lot Size | 871 | 1,167.5 | 44% |
| Price | $230.0K | $277.5K | 22% |
| Price per sq ft | $327 | $257 | 83% |
| Built year | 1982 | 1982 | 50% |
| HOA | $392.0 | $400 | 44% |
| Days on market | 44 | 156 | 6% |
Pricing History
Listed for Sale
Jan 22, 2026
$230,000
Initial Listing
Sold
Jul 28, 2004
$828,000
Public Record






















