48314 Stewart Drive J2, Indio, California 92201, Indio, 92201 - 2 bed, 1 bath
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Indio, California 92201
This Short-Term Rental Eligible Condo represents a strategic Asset Acquisition within the gated Indian Palms Country Club. Listed at $230,000, the property offers a stable entry point into the desert market relative to its $205,619 Fair Market Value. While maintaining a Condition Rating of 4, the unit provides clear value-add potential through cosmetic updates. Featuring a private patio with greenbelt views, resort-style amenities, and proximity to the Coachella Valley Unified district, this residence is uniquely positioned with no rental restrictions. It is an ideal acquisition for Short-Term Rental Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48314 Stewart Drive J2 Subject | $230,000* List Price | 2 | 1 | 704 | $292 | - |
A 82567 Avenue 48 8 Sold | $239,000 | 2 | 1 | 704 | $339 | 0.4 mi |
B 48334 Stewart Drive J4 Active | $230,000 List Price | 2 | 1 | 704 | $327 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this property is over 40 years old. The kitchen features dated white cabinets, older laminate countertops, an older sink, and white appliances that appear functional but are not modern. The living area has carpet flooring and popcorn ceilings, indicating a lack of recent extensive renovation. While the community amenities are modern, the unit's interior is aged and maintained through regular upkeep, but shows clear signs of being outdated and would require significant cosmetic updates to meet current standards. No bathroom images were provided, but it's likely similarly dated.
Uniquely eligible for short-term rentals with no restrictions, offering exceptional income potential for investors or flexible use for owners.
Access to 24-hour gated security, two swimming pools (including a new resort-quality complex), grass courtyards, a putting green, and a barbecue/fire pit area.
A low monthly HOA fee of $392 provides access to a comprehensive suite of amenities, representing excellent value within a gated community.
With 704 sq. ft., the residence offers a smaller footprint, which may be limiting for some buyers seeking more expansive living areas.
The property features only one bathroom, which could be a practical limitation for multiple occupants or guests.
Built in 1982, the property is older, which may suggest a need for updates or potential for deferred maintenance compared to newer constructions.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 704 | 1,082 | 16% |
| Lot Size | 871 | 1,229 | 44% |
| Price | $230.0K | $280.0K | 20% |
| Price per sq ft | $327 | $260 | 84% |
| Built year | 1982 | 1981 | 52% |
| HOA | $392.0 | $400 | 40% |
| Days on market | 91 | 174 | 12% |
Jan 22, 2026
$230,000
Initial Listing