48334 Stewart Drive J4, Indio, California 92201, Indio, 92201 - 2 bed, 1 bath
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Indio, California 92201
This Short-Term Rental Eligible Asset within the gated Indian Palms Country Club is listed at $230,000, offering a stable entry point into the Indio market compared to its $205,619 Fair Market Value. Boasting a Condition Rating of 4, the unit provides clear value-add potential through cosmetic updates. The property features a private patio with mountain views and access to resort-style amenities, including a new pool complex and putting green. Located near the 7-rated Dr. Reynaldo J. Carreon Jr. Academy, this home is a strategic acquisition for Short-Term Rental Investors or first-time buyers seeking a high-utility desert retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 48334 Stewart Drive J4 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 48314 Stewart Drive J2 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. While the unit appears clean and functional, the kitchen features dated white appliances, light wood cabinets, and laminate countertops, and the single bathroom has an older vanity and fixtures. The flooring and light fixtures are also consistent with its age. The property is maintained but shows significant signs of being outdated, requiring cosmetic updates to meet current styles and standards, particularly in the kitchen and bathroom. The community amenities are modern, but the unit itself has not undergone a recent extensive renovation.
The property is uniquely eligible for short-term rentals with no restrictions, offering significant income potential for investors or flexible desert retreat owners.
Residents benefit from 24-hour gated security and access to two swimming pools (including a new resort-quality complex), grass courtyards, a putting green, and a BBQ/fire pit area.
A low monthly HOA fee of $392 provides access to extensive amenities and security, representing excellent value within a gated community.
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 = 689.
With only 704 sq. ft., the property offers a compact living area, which may be a limitation for buyers seeking more spacious accommodations.
The residence features only one bathroom, which could be inconvenient for a two-bedroom unit, especially for multiple occupants or guests.
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.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.7 mi
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
Jul 28, 2004
$828,000
Public Record