49189 Russell Lane, Indio, California 92201, Indio, 92201 - 2 bed, 2 bath
ACTIVE$339,000
49189 Russell Lane, Indio, California 92201
2Beds
2Baths
1,140Sqft
4,792Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Modern Updates & Finishes: The condo boasts beautiful updates including white oak flooring, granite countertops, and modern cabinetry, offering a contemporary and inviting interior.
Top Cons:
High Association Fees: The monthly association fee of $465 is a significant recurring cost that buyers must factor into their budget.
Compared to the nearby listings
Price:$339.0K vs avg $299.5K (+$39,500)70%
Size:1,140 sqft vs avg 1,095 sqft50%
Price/sqft:$297 vs avg $27465%
More Insights
Built in 1984 (41 years old).
Condition: Built in 1984, this property is 40 years old. While the description mentions 'beautifully updated' with 'white oak flooring, granite countertops, and modern cabinetry,' the visual evidence suggests these renovations are not recent enough to qualify for a 'Good' rating. The kitchen features granite countertops and stainless steel appliances, which are positive updates, but the cabinet style and decorative tile backsplash appear to be from 15-25 years ago rather than within the last 5-15 years. Bathrooms are clean and functional but feature dated vanities, light fixtures, and shower enclosures. Popcorn ceilings are also visible in some areas. The property is well-maintained and move-in ready, but the updates, while present, are showing their age in terms of style, aligning with the 'Fair' criteria of being 'renovated between 15 to 30 years ago' and showing 'signs of being outdated'.
Year Built
1984
Close
-
List price
$339K
Original List price
$339K
Price/Sqft
$297
HOA
$465
Days on market
-
Sold On
-
MLS number
219137328DA
Home ConditionFair
Features
Good View: Park/Greenbelt, Mountain(s), Pond
Patio
ViewPark/Greenbelt, Mountain(s), Pond
About this home
This beautifully updated Mountain and Pond View Condo, located in Indian Palms Country Club, offers a range of appealing features for the discerning buyer. The inviting home showcases white oak flooring, granite countertops in the kitchen, modern cabinetry, and an impressive covered rear patio. Situated on a cul-de-sac, it provides excellent bedroom separation, a lovely enclosed entry patio, a spacious driveway, and a single-car garage. This property is perfect as a full-time residence or an exquisite winter retreat for those looking to escape the harsh winter chill. Has been seasonally rented by return guests for 5+ years that are still interested in future returns!
Nearby schools
7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,•K-5•0.9mi
3/10
Thomas Jefferson Middle School
Public,•6-8•1.7mi
4/10
Indio High School
Public,•9-12•1.7mi
Condition Rating
Fair
Built in 1984, this property is 40 years old. While the description mentions 'beautifully updated' with 'white oak flooring, granite countertops, and modern cabinetry,' the visual evidence suggests these renovations are not recent enough to qualify for a 'Good' rating. The kitchen features granite countertops and stainless steel appliances, which are positive updates, but the cabinet style and decorative tile backsplash appear to be from 15-25 years ago rather than within the last 5-15 years. Bathrooms are clean and functional but feature dated vanities, light fixtures, and shower enclosures. Popcorn ceilings are also visible in some areas. The property is well-maintained and move-in ready, but the updates, while present, are showing their age in terms of style, aligning with the 'Fair' criteria of being 'renovated between 15 to 30 years ago' and showing 'signs of being outdated'.
Pros & Cons
Pros
Modern Updates & Finishes: The condo boasts beautiful updates including white oak flooring, granite countertops, and modern cabinetry, offering a contemporary and inviting interior.
Desirable Location & Views: Situated in the Indian Palms Country Club on a cul-de-sac, the property offers serene mountain and pond views, enhancing its appeal and tranquility.
Proven Rental Income Potential: With over 5 years of seasonal rentals to returning guests, this property presents a strong opportunity for investors or those seeking to offset ownership costs.
Enhanced Outdoor Living: Features an impressive covered rear patio and a lovely enclosed entry patio, providing ample space for outdoor relaxation and entertaining.
Functional Layout & Amenities: The home offers excellent bedroom separation, a spacious driveway, and a single-car garage, contributing to convenience and practical living.
Cons
High Association Fees: The monthly association fee of $465 is a significant recurring cost that buyers must factor into their budget.
Compact Living Space: At 1140 square feet, the condo offers a relatively compact living area, which may be a limitation for buyers seeking more expansive space, especially for a full-time residence.
Mixed School Ratings: The property is located within a school district with mixed to lower ratings for middle (3/10) and high schools (4/10), which could be a deterrent for families with school-aged children.