49189 Russell Lane, Indio, California 92201, Indio, 92201 - 2 bed, 2 bath
49189 Russell Lane
Indio, California 92201
Property Price
SUMMARY
Analysis of 49189 Russell Lane, Indio, California 92201 is currently available with a list price of $339,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property, built in 1984, is move-in ready and has undergone significant updates, including white oak flooring, granite countertops, and modern cabinetry in the kitchen, along with stainless steel appliances. The kitchen presents a clean and updated aesthetic. While the bathrooms are clean and functional with updated fixtures, their overall style, particularly the vanities and lighting, appears more dated compared to the kitchen. The property is well-maintained, aligning with an extensive renovation within the last 5-15 years, but the age of the underlying structure and the less modern bathrooms prevent it from achieving an 'Excellent' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Updated Interior
The condo features a beautifully updated interior with white oak flooring, granite countertops, and modern cabinetry, offering a contemporary and inviting living space.
- Desirable Views
Enjoy picturesque Mountain and Pond views, along with Park/Greenbelt scenery, enhancing the property's aesthetic appeal and tranquility.
- Income Potential & Versatility
Proven track record of seasonal rentals with returning guests for over 5 years, making it an excellent investment opportunity or a flexible full-time/winter retreat.
CONSRISKS & DEFICIENCIES
- High HOA Fees
The monthly association fee of $465.0 is relatively high, adding a significant recurring cost to homeownership.
- Age of Property
Built in 1984, the property's age, despite updates, may imply older underlying infrastructure that could require future maintenance or updates not covered by cosmetic renovations.
- Condominium Ownership
As a condominium, it entails shared walls, potential for less privacy, and adherence to HOA rules and regulations, which may not suit all buyer preferences.
About 49189 Russell Lane
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1984
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465.0 / Month
Neighborhood Insights
Indio Unified Schools
Dr. Reynaldo J. Carreon Jr. Academy
Grades K-5 • 0.9 mi
Thomas Jefferson Middle School
Grades 6-8 • 1.7 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,140 | 1,139 | 50% |
| Lot Size | 4,792 | 1,267.5 | 94% |
| Price | $339.0K | $285.0K | 72% |
| Price per sq ft | $297 | $257 | 83% |
| Built year | 1984 | 1982 | 72% |
| HOA | $465.0 | $405 | 61% |
| Days on market | 139 | 158 | 50% |
Pricing History
Listed for Sale
Oct 20, 2025
$339,000
Initial Listing