49272 Wayne Street, Indio, California 92201, Indio, 92201 - 3 bed, 2 bath
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Indio, California 92201
This High-Potential Investment Opportunity is listed at a List Price of $370,000, positioned above the $345,768 Fair Market Value. While priced at a premium, the property functions as a proven Short-Term Rental Asset with high demand during major events like Coachella. Featuring Golf Course Views and a Condition Rating of 3, the unit offers immediate utility for Buy-and-Hold Investors or Seasonal Vacationers. Its proximity to the polo fields and resort-style amenities ensures consistent appeal for those seeking a turnkey, income-generating desert getaway.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 49272 Wayne Street Subject | $370,000* List Price | 3 | 2 | 1,156 | $299 | - |
A 82098 Cochran Drive Sold | $339,000 | 2 | 2 | 1,140 | $297 | 0.8 mi |
B 49108 Wayne Street Sold | $320,000 | 2 | 2 | 1,082 | $296 | 0.1 mi |
C 49189 Russell Lane Sold | $342,000 | 2 | 2 | 1,140 | $300 | 0.7 mi |
D 82269 Odlum Drive Sold | $330,000 | 3 | 2 | 1,402 | $235 | 0.7 mi |
E 49200 Gaynor Street Sold | $355,000 | 2 | 2 | 1,440 | $247 | 0.6 mi |
F 48938 Eisenhower Drive 98 Sold | $285,000 | 2 | 2 | 1,156 | $247 | 0.7 mi |
G 48697 Eisenhower Drive Sold | $339,000 | 2 | 2 | 1,156 | $293 | 0.8 mi |
H 49211 Douglas Street Sold | $312,000 | 2 | 2 | 1,218 | $256 | 0.5 mi |
I 49101 Taylor Street Active | $319,000 List Price | 2 | 2 | 1,208 | $264 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1982, the property is well-maintained and move-in ready. While it features dated elements like popcorn ceilings, tile countertops, and white appliances, it has received functional updates including newer vinyl plank flooring and barn doors. The kitchen and baths appear to be from a 15-20 year old renovation but remain in clean, functional condition suitable for immediate use or rental.
The property is a successful short-term rental located within walking distance of the Empire Polo Fields, making it a high-demand asset for major events like Coachella and Stagecoach.
Positioned on the 5th hole of the Royal Golf Course, the condo offers picturesque fairway and mountain views, complemented by a private patio for outdoor enjoyment.
Sold furnished with modern updates like barn doors, this unit is located directly across from the community pool and spa, providing immediate access to resort-style living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 1863. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1982, the property may require more frequent maintenance or future capital improvements to aging systems compared to newer desert developments.
At 1,156 square feet for a three-bedroom configuration, the living spaces and bedrooms may feel relatively small for buyers seeking a more spacious residential feel.
Experience the best of desert living in this beautifully updated, furnished condo overlooking the 5th hole of the Royal Golf Course in Indian Palms Country Club. Featuring three spacious bedrooms and two well-appointed bathrooms, this inviting home offers comfort, style, and picturesque golf course views.Thoughtful upgrades, including charming barn doors, add warmth and character throughout the interior, while the private patio provides the perfect place to unwind, enjoy your morning coffee, or take in the stunning desert sunsets.Ideally located directly across from the community pool and spa, this home offers easy access to resort-style amenities within the sought-after Indian Palms community that include pickleball, tennis, 27 holes of golf, a lifestyle center with a gym and fitness classes. Whether you're looking for a full-time residence, seasonal getaway, or investment opportunity, you'll appreciate being just a short walk from world-famous music festivals and polo events, with excellent dining, shopping, and entertainment only minutes away. This home has been a successful short-term rental. With its proximity to the polo fields that host large events like Coachella, Stagecoach Festival, polo matches, and soccer, this may be the investment opportunity you've been looking for.
No exterior & parking available.
Grades K-5 • 1.3 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,156 | 930 |
| Lot Size | 4,792 | 1,742.5 |
| Price | $370.0K | $311.6K |
| Price per sq ft | $320 | $264 |
| Built year | 1982 | 1980 |
| HOA | $424.0 | $402 |
| Days on market | 14 | 83 |
Jul 8, 2026
$370,000
Initial Listing
Nov 21, 2023
$350,000
Public Record
Apr 14, 2021
$230,000
Public Record
Apr 8, 2016
$172,000
Public Record
Aug 13, 2009
$180,000
Public Record